Red Lake Coal-Bed Methane Project
Sector: Natural Gas • Location: Mongolia
Source: Petroleum Australia
Jade Gas Holdings Ltd. has signed a non-binding letter of intent with Zhengzhou Langrun Intelligent Equipment Co. Ltd. to develop a coal-bed methane project in Mongolia. The project includes financing for drilling and production operations for 18 wells at the Red Lake gasfield, with potential expansion to 175 wells in Phase 1. The development aims to fast-track gas production and optimize output,
- Status
- Prospective
- Sector
- Natural Gas, LNG, Oil and Gas
- Location
- Mongolia
- Updated
- 22 Jul 2026
- Source
- Petroleum Australia
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Jade Gas Holdings Ltd. has signed a non-binding letter of intent with Zhengzhou Langrun Intelligent Equipment Co. Ltd. to develop a coal-bed methane project in Mongolia. The project includes financing for drilling and production operations for 18 wells at the Red Lake gasfield, with potential expansion to 175 wells in Phase 1. The development aims to fast-track gas production and optimize output, with future plans for purification, pipeline transport, compression, liquefaction, and refuelling station construction to enable gas sales for various markets. |
Original sector | Energy |
Budget |
Location
Country | Mongolia |
Source
Source | Petroleum Australia |
URL |
More Details
Record type | Project |
Sector | Natural Gas, LNG, Oil and Gas |
Article published date | 2025-11-14 |
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