Russian Railways looking at creating new border crossing points on border with China interfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from interfax.com Daily Mail and Mail on Sunday newspapers.
Petro Matad, the AIM quoted Mongolian oil explorer, has announced its audited final results for the year ended 31 December 2021. 2021 was a pivotal year for Petro Matad as the Company obtained the Exploitation Licence for Block XX, which will see it transition from explorer to active producer.
In
the framework of the ‘New Revival Policy’, the construction of railway en route
Zuunbayan - Khangi kicked off today on March 11. The railway connection is considered
to be of high significance as it will create a new route for imports and
exports.In
his remarks, Prime Minister of Mongolia L.Oyun-Erdene noted that underground
mining operations recently commenced at Oyu Tolgoi, and highlighted that the
construction project for the 226-km railroad connecting Zuunbayan and Khangi -
the second large-scale project being implemented in the framework of the ‘New
Revival Policy - is kicking off today based on public-private partnership. The railway construction work is planned to be completed in a half-year
period.While
about 50 percent of core export products of Mongolia, such as copper and coking
coal, are exported through the Gashuunsukhait border checkpoint, over 70
percent of consumer goods are imported through the Zamiin-Uud border
checkpoint. As the Khangi borde