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Energy

Mongolia's premier hears Moscow's fuel pledge in Vladivostok while 165 rural stations run below normal

Nyam-Osoryn Uchral met Russia's energy minister Sergei Tsivilev at the Eastern Economic Forum and heard that Russia keeps Mongolia's supply stable under their intergovernmental agreements despite its export restrictions, Montsame reported on Thursday. At home, the ministry's own count says 200 of 365 rural stations were working normally on 30 August.

Mongolia's premier hears Moscow's fuel pledge in Vladivostok while 165 rural stations run below normal

Montsame's account of the meeting, published at 11:51 Ulaanbaatar time, has Tsivilev saying that although Russia's government restricted exports of oil products in April, it pays special attention to keeping Mongolia's supply stable under the intergovernmental agreements, and executives of Rosneft and Gazprom confirming that they would continue stable fuel supply to Mongolia under their government's decision. The two sides also discussed the expansion of Ulaanbaatar's third combined heat and power plant and the gas pipeline planned across Mongolia. Montsame's account carries no tonnage for September.

The pledge lands on a market the ministry's own count shows short. The operational headquarters chaired by B. Dashpurev, state secretary of the Ministry of Industry and Mineral Resources, reported on 31 August that 200 of the country's 365 rural stations were operating normally as of 30 August, that the average queue at a rural station had fallen from 70 to 75 vehicles to 58 in a week, and that queues in Bulgan and Dornod still ran above 100.

The August book closed 8.4% short on petrol, 68,502 tonnes received against 74,780 ordered, and complete on diesel, by the prime minister's headquarters; the headquarters' estimate of September demand is about 65,000 tonnes of petrol and 150,000 of diesel. Moscow's diesel decision of 29 August wrote an exemption for intergovernmental agreements into its export ban; Montsame's account of the Vladivostok meeting uses the same words.

The pledge lands on a market the ministry's own count shows short.

The Price Council, the body that could reset the regulated pump price, has not convened in this cycle, and the ministry's 3,040-tugrik AI-92 price stands from mid-August. An anti-monopoly check on Sod Mongol Group, opened on a rival's complaint in August, was still running in the last week of August.