Mongolian President says he supports Russia-China oil and gas pipelines through Mongolia

MOSCOW, Sept 15 (Reuters) – Mongolian President Ukhnaagiin Khurelsukh stated on Thursday that he helps the development of oil and fuel pipelines from Russia to China by way of Mongolia.

Talking by way of translator at a trilateral assembly with Russian President Vladimir Putin and Chinese language President Xi Jinping at a summit of the Shanghai Cooperation Organisation within the Uzbek metropolis of Samarkand, Khurelsukh backed the plans, proposing research of their financial feasability.

Khurelsukh stated: “We additionally assist the development of oil and fuel pipelines to provide pure fuel from Russia to China by way of the territory of Mongolia and suggest to check this challenge from the point of view of technical and financial justification”.

Russian vitality large Gazprom (GAZP.MM) hopes to construct the Energy of Siberia 2 fuel pipeline by way of Mongolia to China with a view to exporting 50 billion cubic metres of fuel per yr by way of the route by 2030. No plans for an oil pipeline by way of Mongolia have but been formally proposed.

Reporting by Reuters

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