Ulaanbaatar
Memorandum of understanding signed
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On April 19, Mr B.Baatartsogt, Head of the Department of Mineral Resources and Oil Mineral of Mongolia and Mr Shin Syong Chol, President of Oil Resources Division of the Department of Quality and Supply of Mineral Resources of the Republic of Korea signed a memorandum of understanding on technical cooperation.
The memorandum aims to develop bilateral cooperation in the fields of oil industry and alternative fuel. In the scope of the memorandum, Mongolia and South Korea will cooperate by saving alternative fuel, establishing a control system of distribution, performing test research, developing information about supply and reserve of oil, exchanging specialists and co-organizing joint training and workshops.
The memorandum aims to develop bilateral cooperation in the fields of oil industry and alternative fuel. In the scope of the memorandum, Mongolia and South Korea will cooperate by saving alternative fuel, establishing a control system of distribution, performing test research, developing information about supply and reserve of oil, exchanging specialists and co-organizing joint training and workshops.
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