• Who is the project management consultant for Mongolia’s first oil refinery?
  • State-run EIL is the project management consultant for the Mongol refinery project. In an interview to Mint in April, the ambassador of Mongolia to India, Dambajav Ganbold, had said that Mongolia¡¯s first oil refinery, built and funded with Indian assistance, will be completed by 2025.
  • How much is Mongolia’s new oil refinery worth?
  • The total value of the three projects now is $1.436 billion. According to the MEIL statement, the new refinery will reduce Mongolia¡¯s heavy reliance on Russian oil imports, enhance its energy security and reduce its vulnerability to fluctuations in international oil markets.
  • What is Meil doing in Mongolia?
  • MEIL’s inaugural venture in Mongolia involves the construction of the country’s first greenfield Mongol Oil Refinery project, a significant undertaking. Within this refinery, MEIL is overseeing the construction of EPC-2, which encompasses Open Art Units, Utilities, Offsites, and plant buildings valued at USD 598.90 million.
  • 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.
  • Is Mongol refinery a government-to-government (G2G) project?
  • The order is for the third project under the Mongol Refinery, according to a statement from the Hyderabad-based engineering firm, for which it has received a letter of agreement (LoA) from Mongol Refinery State-Owned LLC. This refinery project is a government-to-government (G2G) initiative.
  • What is the climate like at the Mongol refinery?
  • The Mongol Refinery is a challenging project, and it is being executed under extreme climatic conditions, with temperatures ranging from (-) 35 degrees C to (+) 40 degrees. Megha Engineering and Infrastructures Limited (MEIL) has clinched a significant deal in Mongolia.