Min­istry of Trans­port and Ros­neft to con­tinue co­op­er­a­tion on New Ulaan­baatar Air­port

The UB Post - - BUSINESS & ECONOMICS -

The Mon­go­lian Min­istry of Roads and Trans­porta­tion and Rus­sia’s Ros­neft sealed a deal, agree­ing to co­op­er­ate on the de­vel­op­ment of op­ti­mal tech­ni­cal solutions and com­mis­sion­ing of hy­drant sys­tem and jet fuel sup­ply in the New Ulaan­baatar In­ter­na­tional Air­port in Khushigt Val­ley.

Ros­neft CEO Igor Sechin and Min­is­ter D.Gan­bat signed the doc­u­ment on Septem­ber 7, in the course of the Rus­sian-Mon­go­lian high-level ne­go­ti­a­tions on the side­lines of the Eastern Eco­nomic Fo­rum.

The pur­pose of the doc­u­ment is to pro­vide as­sis­tance to Mon­go­lia in com­mis­sion­ing jet fuel sup­ply fa­cil­i­ties of the new air­port and en­sure un­in­ter­rupted sup­ply of Ros­neft jet fuel to the Mon­go­lian mar­ket, which is strate­gi­cally im­por­tant for the company.

“De­vel­op­ment of busi­ness in Mon­go­lia is a part of our strat­egy, our sub­sidiary Ros­neft-Mon­go­lia op­er­ates in the coun­try deal­ing with whole­sale fuel dis­tri­bu­tion of­fer­ing the best fi­nan­cial con­di­tions and com­mit­ted to its con­trac­tual obli­ga­tions. Over years of our work in the Re­pub­lic we earned the rep­u­ta­tion of a re­li­able and dili­gent sup­plier among our Mon­go­lian col­leagues. With our Mon­go­lian col­leagues, we set up the joint ven­ture Mergevan, which sup­plies jet fuel for Ching­gis Khaan In­ter­na­tional Air­port in Ulaan­baatar. We have vast ex­pe­ri­ence of work on this niche mar­ket and ev­i­dent lo­gis­ti­cal ad­van­tages" Igor Sechin said.

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