ULAANBAATAR: G. Damdinnyam, Minister of Industry and Mineral Resources, stated that Russia has promised to maintain a steady fuel supply to Mongolia under all circumstances, urging the public to remain calm.
“The government has issued a decree today to establish a strategic reserve of gasoline and diesel fuel. However, such a decree is adopted annually. According to the law, Mongolia’s safety reserves are maintained by private sector companies,” he explained.
The Minister noted that authorities have decided to investigate media outlets and social media accounts that recently spread reports about an alleged fuel shortage.
“Although Mongolia is almost entirely dependent on imported fuel from Russia, and the situation there is challenging, the Prime Minister met with President Vladimir Putin during his recent visit to Russia. I also met with the Russian Minister of Energy to discuss the issue, and he assured us that our supply of gasoline, fuel and lubricants will not be disrupted under any circumstances.
Currently, more than 150 tonnes of AI-92 gasoline are being transported by rail to the Tolgoit and Rashaan stations, with daily deliveries continuing as usual.
In today’s unstable geopolitical environment, it is crucial to build up strategic reserves and ensure the reserve tanks are filled. This requires financial resources, including loans.
The Minister called on the public to stay calm, emphasising that the responsible ministries are closely monitoring fuel supplies. The Prime Minister has called for an investigation of any business entities found to be deliberately creating artificial shortages and said they should be held accountable if necessary. - Go Go Mongolia/ANN
