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Fuel Supply Eases in Mongolia as Russian Rail Deliveries Rise

Officials report rail shipments now outpacing daily consumption, with national reserves estimated at about 10 days.

Overview

  • Industry officials said 63, 65 and 54 wagons of A-92 gasoline arrived over the past three days, with about 50 more wagons reported today, pushing inflows above the 2,200–2,400 ton daily need and helping reduce queues.
  • Authorities maintained the national stock is roughly 10 days after a summer consumption surge and October supply disruptions, and they reported on‑site inspections at fuel stations and actions against price gouging and service refusals.
  • The Dornogovi oil refinery project stands at 50% completion and the crude pipeline at 90%, with major equipment being shipped from India and commissioning targeted for late 2027 under the India Exim Bank–financed plan.
  • The stalled “10 aimag heating plants” program will be re-tendered under Korea Exim Bank rules after the original contractor’s bankruptcy, with Mongolia requesting domestic firms continue the works and a US$5 million performance bond already recovered.
  • Parliamentary committees advanced debate on amendments to the Licensing Law as the Cabinet approved a tax reform package for submission to the State Great Khural, including expanded VAT refunds for consumers and adjusted corporate tax thresholds.