Despite abundant resources, Mongolia has struggled to shore up its energy security and decrease its dependence on Russia for refined fuel and electricity. The government has made some headway in diversifying fuel imports and improving its terms of trade, while several mid-stream projects could develop domestic refined fuel production. Meanwhile, important refurbishments of Mongolia’s ageing...
Mongolia Energy
Given the significant foreign direct investment needed to achieve its development goals, Mongolia has strong motivation to improve its attractiveness to investors. The government is therefore adjusting its policies, while new laws are expected to gradually reinvigorate foreign investment flows.
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A plan to develop oil refining capabilities could see Mongolia enhance its energy security, curb its energy import bill and broaden the scope of its manufacturing industry.
Economic update | Mongolian coking coal may heat up
29 May 2015
A shift by Chinese buyers away from foreign suppliers to Mongolian coking coal, combined with increased optimism over a return of foreign investors, may offset the sharp global downturn in both demand for commodities and in coal prices, though it will be some time before the effects of any rebound are felt in the industry.
Interviews & Viewpoints | Gérard Mestrallet, CEO, GDF SUEZ: Interview from The Report: Mongolia 2015
How will the major power projects currently under way impact Mongolia’s energy infrastructure?
Interviews & Viewpoints | J. Oyungerel, Chairman, Petrovis: Interview from The Report: Mongolia 2015
Articles & Analysis | With much undiscovered potential in Mongolia's energy sector, government laying the groundwork for future development from The Report: Mongolia 2015
Despite abundant resources, Mongolia has struggled to shore up its energy security and decrease its dependence on Russia for refined fuel and electricity. The government has made some headway in diversifying fuel imports and improving its terms of trade, while several mid-stream projects could develop domestic refined fuel production. Meanwhile, important refurbishments...
Articles & Analysis | Increasing electricity capacity key to meeting growing demand in Mongolia's energy sector from The Report: Mongolia 2015
Despite abundant reserves of fossil fuels and potential renewable energy resources, Mongolia has lagged in developing new power supply to match surging demand. Domestic electricity demand has grown by 30% to 5.5m KWh between 2008 and early 2014, but supply has grown by only 6.8%, with the balance imported from Russia. A key explanation is the long gestation period for...