Market Overview

Research and Markets: Mongolia Needs to Increase Oil Production to Realize Planned Refinery Developments and Curb Rising Imports of Petroleum Products

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DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/zlpwr4/mongolia_needs_to) has announced the addition of GlobalData's new report "Mongolia Needs to Increase Oil Production to Realize Planned Refinery Developments and Curb Rising Imports of Petroleum Products" to their offering.

The Mongolian government needs to focus on increasing its domestic oil production to realize its planned development of oil refineries and check the rising imports of petroleum products. Although Mongolia's oil production has been increasing, the current production levels still remain very low to make investments in refineries economically feasible. The proximity of the Mongolian basins to the prospective Chinese basins (Ershan and Hailar) has indicated the high probability of finding considerable petroleum reserves. The early stage of Exploration and Production (E&P) activities in the country and non-existent refinery infrastructure mandate increasing imports of petroleum products for domestic consumption.

Scope

- The report explains how the increase in oil production in Mongolia will help to realize the planned refinery development in the country

- It covers the potential for considerable petroleum reserves in Mongolian basins due to its proximity to the prospective Chinese Ershan and Hailar basins

- It also explains how Mongolia can curb its rising imports of petroleum products by development of a domestic oil refinery

Key Topics Covered:

1 List of Tables & Figures

2 Summary

3 Mongolia Needs to Increase Oil Production to Realize Planned Refinery Development Aimed to Curb its Rising Imports of Petroleum Products

3.1 Mongolia's Exploration and Production Industry is Characterized by Low Oil Production Volumes

3.2 Proximity of the Mongolian Basins to China's Prospective Ershan and Hailar Basins Indicates High Probability of Finding Petroleum Reserves

3.3 Mongolian Government Plans to Increase its Volume of Oil Extraction in the First Phase (2007-2015) of the National Development Strategy

4 Appendix

4.1 Sources

4.2 Methodology

4.3 Contact Us

4.4 Disclaimer

For more information visit http://www.researchandmarkets.com/research/zlpwr4/mongolia_needs_to

Source: GlobalData

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Oil

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