Mongolia's First Oil Refinery
Sector: Government • Location: Ulaanbaatar, Mongolia
Source: India Herald
India is funding Mongolia's first oil refinery, a project valued at over $1.2 billion, designed to process crude and end Mongolia's dependence on refined fuel imports from Russia and China. The refinery is a strategic infrastructure project aimed at energy independence for Mongolia and establishing India's strategic foothold in the region.
- Status
- Under Construction
- Sector
- Government, Oil and Gas
- Location
- Ulaanbaatar, Mongolia
- Updated
- 22 Jul 2026
- Source
- India Herald
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | India is funding Mongolia's first oil refinery, a project valued at over $1.2 billion, designed to process crude and end Mongolia's dependence on refined fuel imports from Russia and China. The refinery is a strategic infrastructure project aimed at energy independence for Mongolia and establishing India's strategic foothold in the region. |
Original sector | Energy |
Budget |
Location
Country | Mongolia |
City | Ulaanbaatar |
Source
Source | India Herald |
URL |
More Details
Record type | Project |
Sector | Government, Oil and Gas |
Article published date | 2026-07-10 |
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