First deliveries of “Mongol93” hit the market in May 2013. With its plans to build a domestic refinery delayed, Mongolia has agreed to swap crude for refined fuel with PetroChina, a subsidiary of China National Offshore Oil Corp. This new import source, though still expensive, should reduce Rosneft’s leverage at the trading table. Even a...
Mongolia Energy
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Articles & Analysis | Top earner: Addressing challenges to maximise long-term benefits from The Report: Mongolia 2014
For Mongolia’s frontier mining industry, long dominated by the promise of future production, 2013 marked a watershed with the commercialisation of the first phase of the world’s largest undeveloped copper and gold mine, Oyu Tolgoi (OT). Despite uncertainty over OT’s future expansion and challenges for Mongolia’s coking coal miners, a government mandate fresh from the 16-...
Interviews & Viewpoints | OBG talks to Batbayar Raash, President, M-Oil from The Report: Mongolia 2014
Interviews & Viewpoints | OBG talks to Batsuuri Yaichil, CEO, Erdenes Tavan Tolgoi from The Report: Mongolia 2014
Articles & Analysis | Power up: A summary of efforts to close the energy supply gap from The Report: Mongolia 2014
Having seen little investment in new generation capacity over the past decade, Mongolia is now forging ahead with upgrades to its coal-fired heat and power (CHP) capacity and trying to lure private investment to greenfield plants. Given a looming power shortage, which the Ministry of Energy (MoE) projects at 250 MW by 2016 but the IMF estimates...
Interviews & Viewpoints | OBG talks to Jean-Sébastien Jacques, Chief Executive, Copper, Rio Tinto from The Report: Mongolia 2014
What additional steps can be taken in order to meet the need for improved infrastructure in Mongolia’s mining industry? What role can the government play in this process?