We will have own fuel

Ulaanbaatar /MONTSAME/ Our country will produce own fuel "Mongol--93" from April 27. Extracted here oil will be exported to the Chinese Khukh khot town, will be processed there into diesel and petrol and imported to Mongolia. Some ten thous. tons will be imported a month, this amount can be increased up to 20 thous. tons in future. A mutual understanding memorandum on the deal has been inked with the "China oil" company. Prices of the fuel will be 100-170 dollars less per ton than that of the Russian "Rosneft". By the way, as a result of several meetings, the "Rosneft" has agreed to decrease its prices. Apart of this, a fuel import from S.Korea has launched so any fuel price boost is not expected. D.Enkhbileg