Ulaanbaatar /MONTSAME/. On October 19, Deputy Prime Minister of Mongolia S. Amarsaikhan received the delegation led by Belous Alexey Petrovich, the Deputy Chairman of the Board of Directors of Gazprombank JSC.

During the meeting, the parties discussed the issues of energy sources, the transit traffic connecting Asia and Europe, and the projects being carried out in cooperation with the Russian Federation, such as increasing the capacity of the port.

"The role of Gazprombank JSC is important to the implementation of the Government of Mongolia’s “New Revival Policy”, said Deputy Prime Minister S. Amarsaikhan. “In particular, I propose to expand cooperation in major projects such as improving the capacity of ports, building a natural gas pipeline from Russia to China through Mongolia, and establishing an oil refinery”.

He also noted that the Mongolian government is ready to cooperate with international investors in the projects implemented within the framework of the “New Revival policy”, and emphasized the expansion of Ulaanbaatar Thermal Power Plant No. 3 (also referred to as CHP-3 or Power Plant 3) and railway projects such as Bogdkhan and Choibalsan-Ereentsav.