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Energy

Mongolia's August petrol book runs a third short of its orders

Mongolia has received 51,000 of the 74,780 tons of AI-92 it contracted for August, industry ministry state secretary Buriad Dashpurev said on Thursday, with about 23,000 tons more expected before month-end; diesel stands at 130,000 of 158,650 tons.

Mongolia's August petrol book runs a third short of its orders

The arithmetic is the ministry's own, given to the outlet ikon on Thursday afternoon. On petrol, the gap between ordered and landed is 23,780 tons, 32% of the book, with most of it promised by Monday's month-end. On diesel the ledger is fuller: 82% of the contracted volume is in the country.

โ€œThe Price Council has not met in anything the wires carryโ€

The answer points east. The ministry is working to raise China-sourced volumes and to upgrade throughput at the border ports, the state secretary said. That is the direction the whole crisis has pushed: Russia's petrol export ban runs to January 2027, and the ministry reported earlier that a 25,000-ton slice of a Russian commitment was being covered with third-country product.

Two instruments the government named in the crisis's first weeks stay unused. The Price Council has not met in anything the wires carry, a negative the desk has re-checked each cycle since mid-August; and the September book, as the ministry had published it by midweek, carried petrol and jet lines and no diesel line.

Rationing ended in mid-August. What the August ledger shows is the other half of that story: a third of the petrol book is still expected rather than landed.