The Government undertakes measure to sustain fuel price for the next 4 years

Oct 29 • Business, News • 960 Views • No Comments on The Government undertakes measure to sustain fuel price for the next 4 years

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Ministry of Mining resource, Bank of Mongolia and Fuel Importers made trihedral agreement to sustain fuel price. Key message of the agreement is in order to keep fuel price sustainable the government shall provide concessional loan to fuel importers.

Currently, “M-Oil”, “Shunhlai” and “Magnai Trade” companies have made into this agreement and “Petrovis” and “NIC” companies have expressed their interest into the agreement. The trihedral agreement will be effective in the coming four years.

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