Go To Top

Government of Mongolia resolves to build the “Coal Gasification” plant in collaboration with China’s Sinopec Group
Home pageGovernment of Mongolia resolves to build the “Coal Gasification” plant in collaboration with China’s Sinopec Group
Government of Mongolia resolves to build the “Coal Gasification” plant in collaboration with China’s Sinopec Group
At the Cabinet meeting held on March 07, 2014, it was resolved to set up a working group responsible for introducing technology on coal gasification.
The fuel supply is one of the key economical issues to resolve and the Government of Mongolia had been starting to implement projects to produce fuel from coal. In the frameworks, during his official visit to the PR of China held in October 2013, Prime Minister of Mongolia N.Altankhuyag was present the signing ceremony of “Memorandum of Understanding on Cooperation between the Ministry of Mining of Mongolia and Sinopec Group of China” to build a gas plant based on Mongolian thermal coal resource that aimed to provide domestic needs with its production and further to export to China. 
The project team to introduce the coal gasification technology will be established under the Ministry of Mining and in the scope of the 30 billion USD project, four plants and some complexes to produce 16 billion cubic meters of coal gasification. Within September of this year the feasibility study should be completed and the next level of project implementation is to go into intergovernmental negotiation for further discussion, also the construction issues is planned to be completed in 2015-2018. 
This is not the first discussed and resolved coal dilution project to carry out, the Government of Mongolia had been negotiating with German ThyssenKrupp Uhde to build the coal liquefaction plant in Mongolia since 2009, where the latter part concluded economic studies in 2012, moreover ThyssenKrupp Uhde and the Government of Mongolia established an agreement to start the project. 
Earlier, in the scope of developing the “Sainshand Industrial Park” Project, it was also discussed to build a “Coal Gasification Plant” in collaboration with “Bechtel”, the company that won in the bidding as General Advisory Service Provider for “Sainshand Industrial Park” Project in May 2011. 
Besides in July 2011, it was reported that an Australia-based Cougar Energy Limited had been engaged in the development and commercialization of underground coal gasification (UCG) projects in Mongolia. 
Moreover in August 2011, South Korean steel maker POSCO had signed a collaborative memorandum of understanding with Mongolian MCS Group to build a coal gasification plant in Mongolia, where parties had been negotiating since 2010 and the economic studies were completed by Canadian Hatch Company.  
Sinopec Group (China Petrochemical Corporation) is Asia's largest oil refining and petrochemical enterprise, administered by SASAC for the State Council of the People's Republic of China. It is headquartered at Chaoyangmenwai in Beijing, across the road from the headquarters of competitor CNOOC Group. 
Update: 2014.05.27: Chairman of China Investment Corporation assures to support and assist co-implementing a 30 billion USD coal-to-gas plant in Mongolia
News: Mongolia’s debt to Chalco about 148 million USD will be covered by May 2014, says Mining Minister
News: Mongolia and China are working on improvements of the Gashuun Sukhait - Gants Mod border ports’ capacities
News: Mongolia aims to extract 1 million tons of copper concentrate
News: Prime Minister N.Altankhuyag remarks at the Coal Mongolia 2014
News: Speaker Z.Enkhbold meets Ambassador of China to Mongolia Wang Xiaolong
News: Fuel importing companies have increased unit price for gasoline by 40-50 MNT per liter
News: Production Sharing Contract between the Government of Mongolia and “Sansryn Geologi Khaiguul” LLC was approved
News: Oxford Business Group: Mongolia explores oil shale for energy security
News: Foreign Minister L.Bold is conducting an official visit to China
News: Program on Developing Mongolia-China Strategic Partnership Relations is approved
News: Petroleum importing companies to increase their reserve volume from 2014
NewsOxford Business Group: New uses for coal in Mongolia
News: "Transparent Mining" press conference by Ministry of Mining
News: Oil from Mongolia will be exported to China through the Bayankhoshuu-Uvdug Port
News: German technology to produce liquid fuel from coal
News: The 9,600 meters thick of the sediment pile potential to generate oil has been discovered in Sukhbaatar Aimag


March 10, 2014

To leave a comment please sign up

Home page     Back     Go to top    
BIZ catalogue
listen, think and act
What kind of News would you like to read?