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Red Lake LNG Project

Sector: LNG • Location: Ulaanbaatar, Mongolia

Source: Upstream Online

Project
Planned

Australian junior Jade Gas is developing a liquefied natural gas project at Mongolia's Red Lake coal seam gas field. The project involves drilling 175 wells, with an initial 20 well drilling programme funded by a A$70 million (US$46 million) letter of intent with China gas equipment manufacturer Langrun. The project aims to support Mongolia's energy independence by providing an alternative to dies

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The project “Red Lake LNG Project” is an infrastructure initiative in the LNG sector, located in Ulaanbaatar, Mongolia. Taiyo aggregates data on it from Upstream Online.

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Participants

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planned

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Description

Description

Australian junior Jade Gas is developing a liquefied natural gas project at Mongolia's Red Lake coal seam gas field. The project involves drilling 175 wells, with an initial 20 well drilling programme funded by a A$70 million (US$46 million) letter of intent with China gas equipment manufacturer Langrun. The project aims to support Mongolia's energy independence by providing an alternative to diesel fuel, with first gas production wells already drilled and first gas achieved in August. The project includes installation of surface level infrastructure for gas delivery to the LNG processing module expected between 2025 and 2026, and a gas sales agreement with UB Metan for domestic supply starting in 2026.

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Source

Source reliability

High

Data quality score

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Source

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URL

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More Details

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