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