China will export petroleum only under long-term agreement

Jul 6 • Energy, News, Politics • 595 Views • No Comments on China will export petroleum only under long-term agreement

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Chinese Ambassador Wang Xiaolong yesterday called on Deputy Prime Minister M.Enkhbold to say China was ready to sell AI-92 to Mongolia, but only under a long-term agreement, and not as a temporary measure. Enkhbold had some days ago requested China for 22,000 tons of AI-92 immediately and then 10,000 tons every month.

The Chinese reply came in the form of a letter from the State Council of China. It says China was ready to help Mongolia, but it had its own problems with meeting domestic demands and could sell AI-92 to Mongolia only as a long-term arrangement. Enkhbold told the Ambassador Mongolia would send specific suggestions on such an agreement soon, and said Mongolia was interested in expanding its cooperation with Sinopec Corporation.

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