• Who owns Mongolia’s first oil refinery?
  • Mongol Refinery executive director Dr Altantsetseg and MEIL hydrocarbons director P Doraiah. (Credit: PRNewswire/Megha Engineering and Infrastructures Limited (MEIL)) India-based Megha Engineering and Infrastructures (MEIL) has secured the Letter of Authorisation (LOA) to build Mongolia¡¯s first oil refinery.
  • What is Meil doing in Mongolia?
  • MEIL¡¯s first venture in Mongolia involves the construction of the country¡¯s first greenfield Mongol Oil Refinery project. Within this refinery, MEIL is overseeing the construction of EPC-2, which encompasses open art units, utilities, offsites, and plant buildings valued at $598.90 million.
  • What is Mongolia’s first greenfield oil refinery?
  • The project, which is the first greenfield oil refinery in Mongolia, includes a pipeline and a power plant as part of its operations. Upon completion, the refinery will have the capacity to process 30,000 barrels of crude oil per day or 1.5 million tonnes per annum.
  • What does the EPC deal mean for Mongolia’s oil refinery?
  • Under the EPC deal, MEIL will build open art units, utilities and offsites, along with plant buildings, and captive power plants for the refinery. The project, which is the first greenfield oil refinery in Mongolia, includes a pipeline and a power plant as part of its operations.
  • What is Mongol refinery?
  • The Mongol Refinery is being developed under a government-to-government (G2G) partnership between Mongolia and India. It forms part of the Development Partnership Administration initiative of India¡¯s Ministry of External Affairs (MEA). Engineers India Limited (EIL) serves as the Project Management Consultant (PMC) for the G2G project.
  • How much oil does Mongolia produce a year?
  • Upon completion, the refinery is expected to produce 1.5 million tonnes of crude oil annually, catering to Mongolia¡¯s domestic demand for gasoline, diesel, aviation fuel, and LPG. MEIL already has a global presence as it manufactures advanced oil drilling rigs globally.