Cooperation to be developed with S.Korea to improve control system of oil productsEconomy
Ulaanbaatar/MONTSAME/. Ministry of Mining and Heavy Industry
of Mongolia and the Korea Petroleum Quality and Distribution Authority (K-Petro)
signed a Memorandum of Understanding on technical cooperation on August 8.
State secretary of the Ministry G.Nandinjargal exchanged views with the Chairman of K-Petro’s Board of Directors on the possibilities of further cooperation in the field of oil quality, standards and control system.
Within the framework of the MoU, the parties will cooperate in improving oil quality, standards and control systems, exchanging experiences, creating database as well as conducting a joint research. The two organizations will also jointly organize training and seminars and exchange information on techniques and technologies related to oil refining and petrochemical production in South Korea.