Mongolia has fuel reserves for only 38 days - News.MN

Mongolia has fuel reserves for only 38 days

Old News! Published on: 2018.09.03

Mongolia has fuel reserves for only 38 days

The price of fuel have been increasing since January, 2018. For example, the most common used fuel in Mongolia, A-92, is currently being sold at  MNT 1820. As for 28 August, our country has oil reserves for approximately 38 days; A-80 for 119 days, A-92 for 25 days, diesel for 38 days and TC-1 aviation fuel for 28 days.

This month, Mongolia is expecting to import A-92 for USD 721 per tonne and diesel for USD 673 per tonnes from Russia. The fuel prices, for imports from from Russia, are expected to increase by USD 8-10.

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