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Mongolia starts building its first refinery
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Mongolia starts building its first refinery
The foundation laying ceremony of Mongolia's first oil refinery was held recently in honggol County, darhanura Province, attended by Mongolian State great Hural president Deng Beile and other leaders.
Darhan oil refinery is jointly constructed by Darhan oil group company jointly established by several oil import Companies in Mongolia and two companies in Japan. Its annual processing capacity is 2 million tons, and it is planned to be put into operation in 2015. After completion, the refinery can basically meet the demand of Mongolia for fuel oil.
According to the introduction of the company, there are about 1.9 billion tons of oil reserves in Mongolia, of which, the exploration of the oil field in Mongolia is about 1.6 billion tons. In addition, Sinopec Shengli Oilfield Dongsheng company has also carried out exploration work in zongbayan oilfield of Mongolia.
At present, Mongolia's oil is still in the stage of "trial production". It exports more than 2 million barrels of oil to China every year, and the income is divided into 4:6 of the contract between Mongolia and China.
For many years, Mongolia's fuel oil is mainly imported from Russia, but in recent years, Mongolia often suffers from oil shortage, so it is determined to establish its own oil refinery.
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