Sainshand Refinery
It would be interesting to find out if they need (Mongolian) gas.
A lot of easy money floating around here, looks like Indian Competition with China .
IMO now we have US aligned India to the China Russia mix things could get very complicated!
The geographic reality is that landlocked Mongolia is sandwidged between Russia & China who are politicaly aligned.... the poor old relationship affinity diagram is getting more crowded!
“Feb 11 2019 The government ofMongolia—through wholly owned Mongol Refinery State Owned LLC—has signed amemorandum of understanding with Engineers India Ltd. for delivery ofadditional work on the country’s first refinery project now under constructionon 150 hectares in Altanshiree Soum near Sainshand in the southeastern provinceof Dornogovi.”
“The government of India is extending an additional$236-million line of credit to the government of Mongolia for the country’sfirst refinery project now under construction on 150 hectares in AltanshireeSoum near Sainshand in the southeastern province of Dornogovi (OGJ Online, Jan. 26, 2018).
The new line of credit comes on top of India’s earlier$1-billion soft credit line to Mongolia in May 2015 for the new refinery,India's Minister of Petroleum and Natural Gas Shri Dharmendra Pradhan said onOct. 8 during a visit to Mongolia.”
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.Links… (Cut & Paste them if they don’t load)
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https://www.montsame.mn/en/read/203152
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This should be the location relative to the Elixir site. The blue line is a possible rout for Power of Siberia 2 Gas Line
Regards
OGP
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