“Sod Mongol” group laid foundation stones for an oil plant yesterday in Sainshand, Dornogobi province. The plant will have possible output of 1.5 million tons of oil per annum. The construction work of the plant is planned to begin on February 2012. “Sod Mongol Group” is cooperating with more than 20 oil companies from Singapore, Russia and China to build the plant. Over 600 million MNT will be spent on the construction work. The plant will provide jobs for over 1000 employees and will hire specialists from Russia and China.