Altan San Securities
Coal to Be Liquefied Print E-mail

Mongolia has already launched producing liquids from coal.

According to head of the fuel policy coordination department of the Ministry of Fuel and Energy B. Ganbaatar, technical and economic grounds are being worked out in cooperation with the French “AXENC” group to liquefy coal on the basis of large and small coal deposits.

A total of USD 300,000 is allocated from the state budget for this work. Samples of five coal deposits have been sent for testing. By studying the composition of the coal, technology of liquefying coal will be determined. In the future, the scrutiny is expected.

He said one of the most important issues is the training of the national personnel. For this purpose, specialists are trained in the Mongolian University of Science and Technology and the National University of Mongolia as well as in Germany and Australia. The next step is the implementation of a “Coal” program and a state policy on fuel and energy. Consequently, a law on coal is expected to pass. All these documents provide for an issue on liquefying coal. Besides, it is of importance to attract foreign investments in this sector.

Source: Montsame

 

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