World

Mongolia exports 4.3 mln barrels of crude oil by November

ULAN BATOR
2023-12-12 15:39

Already collect



ULAN BATOR, Dec. 12 (Xinhua) -- Mongolia exported a total of 4.34 million barrels of crude oil in the first 11 months of 2023, said the Ministry of Mining and Heavy Industry on Tuesday.

The figure is a two-fold increase compared with the same period last year, the ministry said in a statement.

Mining is the most important sector of Mongolia's economy. The Asian country is rich in natural resources such as gold, iron, coal and copper.

However, the country does not have a refinery yet. The first oil refinery is under construction in the southeastern province of Dornogovi, and expected to be put into production in 2027.
Add comments

Latest comments

Latest News
News Most Viewed