Cab­i­net re­views in­fra­struc­ture, en­ergy and oil projects

The UB Post - - Politics -

Dur­ing Cab­i­net's weekly Wednes­day meet­ing, Cab­i­net ap­proved the mid-term na­tional pro­gram to im­ple­ment state poli­cies to­ward en­ergy and roads, and in­cluded re­quired funds for car­ry­ing out those poli­cies into the state and lo­cal bud­gets from do­na­tion and as­sis­tance from for­eign coun­tries and in­ter­na­tional or­ga­ni­za­tions, in­vest­ment pro­gram, and pub­lic and pri­vate sec­tors.

Cab­i­net de­cided to build a nar­row-gauge rail­way con­nect­ing Mon­go­lian Shiveekhuren border check­point to China’s Sekhee port be­fore, and Cab­i­net min­is­ters agreed to build the Nari­in­sukhait-Shiveekhuren rail­way along with the ShiveekhurenSekhee rail­way.

Ac­cord­ing to Cab­i­net’s new de­ci­sion, min­is­ters will sub­mit a pro­posal to amend Par­lia­ment’s Res­o­lu­tion No. 64 adopted in 2014 to Par­lia­ment.

The gov­ern­ment be­lieves that af­ter the Nari­in­sukhaitShiveekhuren rail­way is built, new op­por­tu­ni­ties for in­creas­ing the flow of coal ex­port and border check­point ca­pac­ity by three-fold will open up, cut­ting tran­spor­ta­tion cost by two to four­folds, and less­en­ing neg­a­tive im­pacts on the Gobi’s en­vi­ron­ment.

Dur­ing the meet­ing, Cab­i­net handed over the own­er­ship of Mon­go­lian Oil Re­fin­ery sta­te­owned lim­ited li­a­bil­ity com­pany to the Min­istry of Min­ing and Heavy In­dus­try and the Gov­ern­ment Agency for Pol­icy Co­or­di­na­tion on State Prop­erty.

The prime min­is­ter in­structed some min­is­ters and heads of gov­ern­ment agen­cies to hold meet­ings and talks on cre­at­ing re­li­able oil sup­ply, re­solv­ing fi­nan­cial sources for the oil pipe­line that will be built un­der the pe­tro­leum re­fin­ery be­ing con­structed in Dornogovi Prov­ince, and se­lect a com­pany for the oil pipe­line project’s man­age­ment con­sul­tancy and con­trac­tor.

Cab­i­net ap­proved a list of 26 com­pa­nies that will hold a 30-day re­serve of gaso­line and diesel next year. Un­der the gov­ern­ment’s de­ci­sion, the com­pa­nies are as­signed with cre­at­ing fuel re­serve of 116,550 tons next year. Some 21 com­pa­nies kept the re­serves of gaso­line and diesel at no less than 94,700 tons by im­port­ing gaso­line and diesel last year.

Newspapers in English

Newspapers from Mongolia

© PressReader. All rights reserved.