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Rosneft plans to supply Mongolia with diesel fuel at discount starting in 2023 — minister

Mongolia's mining industry accounts for 23% of the country's GDP and 93% of exports

ULAANBAATAR, November. /TASS/. Rosneft will supply Mongolia with diesel fuel at a 10% discount from the global market price beginning in 2023, Minister of Mining and Heavy Industry of Mongolia Jambal Ganbaatar announced on Monday.

"Negotiations have been held with Rosneft on supplies and price issues. Starting at the beginning of 2023, diesel fuel will be supplied at a 10% discount from the price on the international market. We agreed to set the price of AI-92 gasoline at $815 per ton for a period of five years. Also, due to the recent shortage of diesel fuel, Rosneft will increase the number of its deliveries to 83,000 tons in December," the minister said.

The minister also convened a separate briefing due to a diesel fuel shortage in various districts, threatening mineral mining and exports. Mongolia's mining industry accounts for 23% of the country's GDP and 93% of exports.