Governance Now Masterminds

EIL inks a pact with Mongolia for consultancy for oil refinery

Mongolian government plans to set-up 1.5 million metric tonne per annum greenfield crude oil refinery in Sainshand province

GN Bureau | February 11, 2019


#EIL   #Mongol Refinery   #oil refinery   #Indian government   #oil refiner   #crude oil  

An agreement was inked between the ministry of petroleum and natural gas’s PSU Engineers India Ltd and the Government of Mongolia through Mongol Refinery, state owned LLC on the sidelines of PETROTECH-2019 event in Greater Noida.

 
EIL will be rendering project management consultancy services to the government of Mongolia to set up an oil refinery plant in Mongolia. Mongolian government is working to set-up 1.5 million metric tonne per annum (MMTPA) greenfield crude oil refinery in Sainshand province, under Line of Credit (LoC) extended by the Indian government.
 
EIL has carried out detailed feasibility study for the project. It has been pre-qualified and subsequently shortlisted for providing project management consultancy services to Mongol refinery for the project.

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