Transcript Slide 1

NATIONAL DEVELOPMENT AND INNOVATION
COMITTEE
Regulatory agency of the Government of Mongolia
Vice chairman: Zorig.L
CONTENTS
1
2
3
4
CURRENT SITUATION OF MACROECONOMY
MID -TERM MACROECONOMIC TREND, INFRASTRUCTUREENERGY SECTOR
NEW TRENDS ON THE WORLD ENERGY SECTOR
DEVELOPMENT OF MONGOLIAN ENERGY SECTOR
AND IT’S TREND
5
NEW OPPORTUNITY-RENEWABLE ENERGY
6
MID-TERM PRIORITY GUIDLINE- ENERGY SECTOR
7
CONCLUSIONS AND COMMENTS
8
2
MONGOLIAN ECONOMY FOR PAST 5 YEARS
After the world economic crisis in 2008-2009, Mongolian economy has revived in
a quite short term and reached a positive result. Between 2006-2010, our economy
has
been
increased
approximately
by
6.6
percent
annually.
During the last 5 years main objective of macro economy was focusing its target
to supporting and promoting economic growth, initiate large project within
infrastructure and industry sectors, increase investment and utilize mineral
resources, to keep inflation rate in a one digit number and maintain budget
expenditure within the 33 percent of the GDP, balance foreign debt in a rational
level, reduce the deficit of the BOP and increase foreign exchange reserve.
In the future, our goals are to add value for copper, iron and crude oil, to establish
base of heavy industry to develop coke and coal to liquid plants . Economic
structure will be altered and since the year of 2013, along with the increases of the
mining sector share in GDP , share on agriculture and service sector are projected
to be decrease comparatively.
3
2. MID-TERM MACROECONOMIC
TRENDS, INFRASTRUCTUREENERGY SECTOR
4
MAIN INDICATORS OF ECONOMIC GROWTH
2006
4,027.6
2007
4,956.6
2008
6,555.6
2009
6,590.6
2010
8,414.5
2011*
10,829.7
Real economic growth
8.6
10.2
8.9
-1.3
6.4
17.3
Growth of mineral sector
5.3
1.1
-1.6
5.8
3.6
8.7
Growth of non mineral sector
9.4
12.6
11.3
-2.7
7.0
19.1
GDP per Capita, USD
1324.2
1,619.5
2,108.3
1,688.1
2,264.4
3,073
GNP per Capita, USD
1307.7
1,582.2
2,043.3
1,616.0
2,016.6
2,811.3
GDP /billion MNT.y-o-y/
Source :NDIC, NSO
*-Projected estimation
5
THE DEVELOPMENT LEVEL OF INFRASTRUCTURE
Basic
infrastructure
World average
4,30
Road
Railway
Port
Air transport
Electricity
4,00
3,20
4,30
4,70
4,50
G-7
Central Asia
East Asia
South East
Asia
South Asia
5,71
3,98
5,74
4,48
5,61
3,16
5,60
4,44
5,39
3,50
5,80
3,24
5,44
2,96
5,44
4,54
5,69
3,96
5,52
5,04
6,46
3,64
6,30
4,63
3,05
3,10
2,85
3,55
3,98
2,00
Mongolia
2,30
1,70
2,50
3,30
3,00
3,10
Sourse: World Economic Forum, World competitiveness report.
6
5. MID TERM TREND OF MACRO ECONOMY
35000.0
GDP, Budget
expenditure
30000.0
29079.7
GDP per capita,
USD
25000.0
Economic
structure
24143.2
20000.0
19070.4
Inflation
Budget balance
15000.0
14650.8
10829.7
10000.0
8414.5
Foreign trade
balance
Foreign exchange
reserve
5000.0
6555.6
4956.6
4027.6
6590.6
0.0
2006
2007
2008
ДНБ
2009
2010
2011*
2012**
2013**
2014**
2015**
төсвийн тэнцвэржүүлсэн орлого ба тусламж
BOP
7
GDP PER CAPITA /USD/
Amount of GDP,
Budget expenditure
8000
20.0
18.0
7000
GDP per capita,
USD
Economic
structure
16.0
6000
7448
5000
12.0
4000
Inflation
14.0
10.0
6127
8.0
3000
4934
6.0
2000
Budget balance
Foreign trade
balance
Resource of
Foreign exchange
3809
4.0
3048
1000
2.0
0
0.0
2011
2012*
2013**
Нэг хүнд ногдох ДНБ, ам.доллар
2014**
2015**
Эдийн засгийн бодит өсөлт, хувь
Payment balance
8
ECONOMIC STRUCTURE
Amount of GDP,
Budget expenditure
100%
90%
GDP per capita,
USD
Economic
structure
80%
70%
60%
50%
40%
Inflation
30%
20%
Budget balance
10%
0%
Foreign trade
balance
Resource of
Foreign exchange
үйлчилгээний бусад салбарууд
бөөний болон жижиглэн худалдаа
цахилгаан эрчим хүч
уул уурхай, олборлох үйлдвэр
тээвэр холбоо
барилга
боловсруулах үйлдвэр
хөдөө аж ахуй
Payment balance
9
INFLATION
Amount of GDP,
Budget expenditure
GDP per capita,
USD
Economic
structure
60.00
50.00
40.00
30.00
20.00
Inflation
10.00
-10.00
Foreign trade
balance
Resource of
Foreign exchange
2006m12
2007m3
2007m6
2007m9
2007m12
2008m3
2008m6
2008m9
2008m12
2009m3
2009m6
2009m9
2009m12
2010m3
2010m6
2010m9
2010m12
2011m3
2011m6
2011m9
2011m12
2012m3
2012m6
2012m9
2012m12
2013m3
2013m6
2013m9
2013m12
2014m3
2014m6
2014m9
2014m12
0.00
Budget balance
-20.00
инфляци (жилийн өөрчлөлт, хувь)
хүнсний инфляци
хүнсний бус инфляци
Payment balance
10
BUDGET BALANCE
Amount of GDP,
Budget expenditure
2000
GDP per capita,
USD
1500
Economic
structure
5.0
6.0
1461
4.0
1.8
2.0
1000
0.0
0.0
Inflation
500
-2.0
427
-2.0
-3.2
0
Budget balance
2011
-500-5.8
Foreign trade
balance
Resource of
Foreign exchange
-632
2012
-464
2013
-387
-1000
2014
2015
-4.0
-6.0
-8.0
Нийт тэнцэл тэрбум төгрөгөөр
Нийт тэнцэл ДНБ-д эзлэх хувиар
Payment balance
11
FOREIGN TRADE BALANCE
Amount of GDP,
Budget expenditure
18200.0
28,851.6
29,000.0
27,000.0
25,000.0
12200.0
23,000.0
20,019.3
10200.0
21,000.0
8200.0
Inflation
19,000.0
6200.0
4200.0
Budget balance
Foreign trade
balance
Resource of
Foreign exchange
17,000.0
14,369.0
15,000.0
2200.0
200.0
эргэлт
Economic
structure
26,126.8
14200.0
Нийт
GDP per capita,
USD
16200.0
11,307.3
2011
13,000.0
2012*
2013**
2014**
2015**
11,000.0
-1800.0
Экспорт
Импорт
Тэнцэл
Гадаад худалдааны нийт бараа эргэлт
Payment balance
12
FOREIGN EXCHANGE RESERVE
16000.00
Amount of GDP,
Budget expenditure
57.1
14000.00
60.0
13,378.1
50.0
GDP per capita,
USD
43.1
12000.00
40.0
Economic
structure
10000.00
8,980.8
8000.00
30.0
Inflation
22.4
6000.00
18.1
20.0
14.5
Budget balance
4000.00
2,273.9
Foreign trade
balance
4,154.1
2,633.1
10.0
2000.00
0.00
Resource of
Foreign exchange
0.0
2011*
2012**
2013**
2014**
2015**
Цэвэр албан нөөц, хугацааны эцэст /зүүн тэнхлэг/
Импортын 7 хоногоор, СИФ /баруун тэнхлэг/
Payment balance
13
BALANCE OF PAYMENT
Amount of GDP,
Budget expenditure
GDP per capita,
USD
Economic
structure
4000.0
3744.3
3500.0
3059.7
3063.0
2015**
2016**
2907.0
3000.0
2500.0
2057.7
Inflation
2000.0
1500.0
1257.3
Budget balance
1000.0
Foreign trade
balance
500.0
0.0
Resource of
Foreign exchange
2011*
2012**
2013**
2014**
Payment balance
14
3. NEW TRENDS ON THE WORLD
ENERGY SECTOR
15
WORLD ECONOMY IN 2030

By 2030, the world economic growth would remain high. During this time, world
average GDP growth would be around 4.6 percent and the amount of GDP would
be around 380 trillion USD in 2050 comparing to 72 trillion USD in 2010.

Asia and African countries were projected to become one of the most rapid growing
regions in the world in terms of population and GDP per capita.

By 2020, China will have overtaken the USA and considered as the world first
biggest economy, whereas India will overtake China by 2050.

Institutional framework, politics and energy market stability would become key
factors for sustainable growth.
16
South East Asia would be the hot spot of the world economic growth.
/as a percentage of World GNP/
2005 year
North America:
2030 year
North America:
33%
North Eastern Asia:
19%
European Union:
Others:
30%
North Eastern Asia:
31%
European Union :
31%
19%
19%
South Asia:
5%
Others:
16%
North Eastern Asia
2005
2030
National Revenue
/GNI, trillion.USD/
7.565
28.400
Population
1.524
1.542
4.963
18.417
North Eastern Asia :
 P.R. China
(including Taiwan,
Hong-Kong),
 Japan
 South Korea
 North Korea
 Mongolia
/Billion/
Revenue per capita
/million USD/
17
Driven by sustainable growth on population, real income and
by the impact of other factors, energy consumption is
projecting to grow significantly in the near future
World commercial energy use
/billion toe-2030/
18
The safety of energy supply would become backbone for the
world geopolitical policy on politic, economy and transport

Non OECD energy consumption is 68 percent higher by 2030, averaging 2.6
percent p.a. growth from 2010, and accounts for 93 percent of global energy
growth.

The fuel mix changes relatively slowly, due to long asset lifetimes, but gas and
non-fossil fuels gain share at the expense of coal and oil. The fastest growing fuels
are renewables which are expected to grow at 8.2 percent however, it still have any
chance to replace the traditional energy consumption.

Coal has been central of the recent rapid economic growth of developing countries
such as China and India. China’s coal consumption is likely to raise to 53 percent
by globally in 2030, thus it can conclude that the price of coal is still optimistic in
the future.
19

Historically there has a strong correlation between income and electricity demand.
But it was projected that there have a major changes in world energy production
structure and the ratio of global electricity growth to GDP growth should fall to 0.7
in 2010-2030 from 0.9 in 1990-2010.

However the policy supports the continued rapid growth of non-fossil power
generation-especially renewables, which attain a global share of 10 percent by
2030.

Due to increasing demand of energy consumption, favorable location on geological
and transportation will determine the world energy market policy and sustainability
of the world energy supply.
20
The interrelations of GDP growth and energy
consumption are projecting to decrease
Electricity and income since 1990
/GDP per capita 2009 PPP,
thousand /
World power generation
21
Strategic reserve of energy, diversification for utilizing
resources are becoming the key factors for country’s economic
development and political stability
22
From above, we may conclude:

Development gravity has been changing towards to the South Eastern Asia, South
America and the Middle East. This trend is bringing development opportunity for
Mongolia.

Issues on supplying the increasing demand of raw material for energy is
determining further political, economic policy of the countries and competition to
get energy resources are intensifying more than ever.

As a biggest market of energy, Chinese interest of cooperating with Mongolia in
this regard is projected to be increase dramatically. Thus, mutually beneficial
cooperation with China in energy sector will create opportunity to penetrate North
East Asian energy market.

Russia’s policy on gas, oil, coal and its intention to become monopoly at
international energy market throughout to those products, the instability of the
Middle East would cause the uncertainty on energy supply .

From this perspective, we may draw as for Mongolia, it is essential to make a
solution on comprising strategic reserve for energy, and to improve the energy
distribution system.
23
4. DEVELOPMENT OF
MONGOLIAN ENERGY
SECTOR AND IT’S TREND
24
DEVELOPMENT OF MONGOLIAN ENERGY SECTOR
2006-2011:
Goal of the energy sector of Mongolia during the last five year was to create an
independent and guaranteed energy supply system in order to provide security in
energy of the country, eliminate the dependency of the energy imports, improve the
effectiveness of the energy production, decrease the loss, ensure the reliability of the
regional electricity supply in order to attract the private sector participation in the
energy sector, start the reform of the new sources by utilizing the resources of the
renewable energy, and advance the energy sector as an effective and independent
sector with reliable financial capacity.
2012-2016:
As a new development phase for Mongolian energy sector, main policies on energy
sector over the next 5 years would be defined as to build high capacity power plants
and high voltage transmission lines for connecting regions, basis for export oriented
power industry would be established, environmentally friendly renewable resource
would be utilized and energy sector would be shifted into the market scheme and
become financially independent.
25
MONGOLIAN ENERGY SECTOR-TODAY
Energy production and distribution are growing
constantly /million.kW/hour/
5000
Even though the import is growing, the
share on production is becoming
comparatively small. /million kW/hour/
12
300
50.0
4500
10
4000
3500
8
40.0
250
30.0
200
3000
20.0
2500
6
150
10.0
2000
4
1500
100
0.0
1000
2
50
-10.0
500
0
0
2006
2007
2008
2009
2010
2011
0
-20.0
2006
2007
Export
Electricity production
2008
Imprort
2009
2010
2011
Increase on import
Electricity distribution
increase on consumption
26
MONGOLIAN ENERGY SECTOR-TODAY
Energy consumption has been growing rapidly
during the past years. /MB/
Subsidy from state budget remains high.
/million MNT/
45000
2000
1800
1800
1600
40000
36464
35000
1544
1400
42414
1393
30000
1200
25000
1000
800
935
20000
819
16735
856
600
13631
15000
400
10000
7321
8529
200
3900
5000
0
2012
2014
2016
2018
2020
0
2006
Installed capacity
2007
2008
2009
2010
2011
2012*
Demand forecast
27
THE DEVELOPMENT TREND OF MONGOLIAN
ENERGY SECTOR
Briefly illustrate mid and long term development policy on Mongolian energy sector as
following:








To create independent, safe, reliable and integrated energy system,
To improve domestic generation of the energy resource and supply structure, to make up
strategic reserve on energy,
To enhance regional status through to become energy exporting country,
To become large supplier of brown coal, coking coal, uranium and other final products
Through to developing non-traditional energy source, coal gasification and liquidation
technology to create reliable supply on petroleum products,
To increase the usage of gas by step, develop supply chain of gas production and
distribution,
To increase oil exploration and exploitation, develop domestic oil processing plants by
regions,
To formulate state policy on coal sector and to reach the quality of coal and price with
the international standard.
28
CHALLENGES

Accessibility of the infrastructure, especially energy supply is becoming the main
concerning issues.

Energy sector is the only sector which didn’t transferred into the market scheme.
Thus competitiveness with other sectors is poor and state participation remains high.

Due to the lack energy supply of unanticipated growth for electricity demand which
followed by mining sector development and urbanization, there have a increasing
risk on the dependent of electricity import.

Principally, regional cooperation over energy sector will have significant positive
impact on future development, however, Mongolian energy sector is not ready for
this change.

Due to insufficient and unfavorable investment environment in Mongolian energy
sector, foreign investment intention to the sector remains lower.
29
CHALLENGES

Harsh weather and climate change, desertification, sensitive ecosystem, poor natural
rehabilitation and high air pollution are demanding technological renovations in energy
sector of Mongolia needs to be implemented.

Due to absence of legal environment on promoting energy efficiency and saving, energy
losses is high and no intention to improve energy efficiency.

Due to absence of domestic oil refinery and increasing demand on petroleum products
remain high dependency on imported products.
30
5.NEW OPPORTUNITYRENEWABLE ENERGY
31
Mongolia has a potential resources to become one of the
biggest renewable energy producer
Approx 1,100 GW capacity
for wind power.
It could produce 2.6 TW
renewable energy.
Mongolian
renewable
energy could produce 25
percent of the world energy
consumption.
32
Renewable energy has been becoming the base for sustainable growth and
economic development
100 thousand households are using wind and
solar energy to producing electricity.
Newcom group has been constructing 50 MW
“Salkhit wind farm” near Tuv province with
“GE” technology.
 Potential projects such as “Selenge”
hydropower station, “Sainshand” wind park
with 52 MW.
From this, we may conclude;
By 2013, renewable energy would account
10 percent of the installed energy capacity.
By 2020, 20 percent of the energy supply will
come from renewable source.
33
Mongolia has an opportunity to green energy producer and exporter
 Asian “Super-grid,” project with connecting Mongolia-Korea-Japan.
 Project that will export renewable energy to China, Korea and Japan.
Possibility:
 JREF- a pilot project that transmit 1GW of electricity from Busan in South
Korea to Kyushu in Japan by using cable which over 250 km under the sea is now
at the stage of experimental period.
Advantage:
 Low transmission loss.
Possibility in Mongolia:
 Has signed MOU with Mongolia.
 Newcom company is now cooperating with Softbank and KEPCO.
34
 Capacity of wind and solar energy are constantly increasing, technology innovation is
improving significantly.
 Companies are developing and utilizing solar and wind technology widely.
 Support from social group getting even wider. For example: “Apple ” project
Project cost: 1 billion USD
20 MW Solar station.
5 MW Biochemical station.
Annual production with 82 million kW/hour.
Taking action to carry out power audit for saving
energy consumption.
35
 Saving 10,400 kW/ hour power from cooling system
using water tank. /transmitting peak loading time/
 Construction was designed as a wind for cooler.
 Restaurant has installed solar power system and
solved its heating problem.
 Parks and street lights are changed as LED.
Case study for developing country /Kenya/:
 Total renewable energy capacity of 2000 MW and 800 MW for wind, 500 MW for
solar, and reaming are bio, thermal, waste.

3 geothermal power stations, producing 200 MW power for 0.04 cent.

Government has founded 137 million USD investment.

300 MW wind power station is under construction.
36
6.MEDIUM TERM PRIORITY
GUIDELINES
37
MEDIUM TERM PRIORITIY GUIDLIENS
Priority
1
Priority
2
Priority
3
To develop
human capacity,
create safe and
favorable
environment for
living and
working.
To improve the
governance,
develop
economy by
region.
To develop
responsible
mining, establish
a basis for heavy
industry.
Priority
4
To improve
competitiveness
of manufacturing
industry,
Develop intensive
agriculture
Priority
5
To develop
infrastructure for
promoting
economic
growth.
38
Strategy 5.1. To provide strategically beneficial mining and industrial complexes by reliable
fuel and energy sources, establish integrated energy system
Strategy 1: Development policy for energy sector is to be improved and a condition for reliable
and sustained energy supply for customers responding effectively to the growing regional
energy needs is created.
Strategy 2: Implementing policy on reduction of import dependant provide security of energy
system, create opportunity to supply constantly the growing regional energy consumption.
Strategy 3: In connection to improving efficiency of the sector, developing export oriented
energy production, sustaining its financial situation, fostering the public and the private
partnerships and promoting economically sound management, energy cost will be freed and the
energy sector will shift to the market economy relations.
Strategy 4: Reliable energy resources are domestically supplied to mining sites and other
industrial complexes with a strategic significance.
Strategy 5: In the structure of energy production, use of energy from renewable resources is to
be increased and, thus the balanced approach towards production and distribution is created.
39
Strategy 5.2. To provide strategically beneficial mining and industrial complexes by reliable
fuel and energy sources, establish integrated energy system
Strategy 1: Development policy for energy sector is to be improved and a condition for reliable
and sustained energy supply for customers responding effectively to the growing regional energy
needs is created.
• In scope of developing state policy to support energy efficiency use, “Law on Energy
saving” will be drafted and approved by the Parliament to foster environment that saves energy.
To set up “ Energy research institute” for support a policy decisions through to making a
decision and analysis scientifically feasible, carry out policy planning and detailed design as
well.
40
Strategy 5.2. To provide strategically beneficial mining and industrial complexes by reliable
fuel and energy sources, establish integrated energy system
Strategy 2: Implementing policy on reduction of import dependant provide security of energy
system, create opportunity to supply constantly the growing regional energy consumption.
 Start to construct high capacity power plant and strategically significant power resources
which possibly influences Mongolian energy security.
 To build Baganuur-Ondurkhaan-Choibalsan’s 220 kW transmission line, 110 kW
transmission line for Telmen-Moron and Eastern Altai-Uliastai and Central energy systems are
connected with the high voltage transmission lines.
 To construct 60 MB power plant based on Mogoin river to maintain reliable energy supply
for Altai-Uliastai energy system.
 In order to supply energy to the Western region, 36 MB power plant is built based on
Khushuut mining.
41
Strategy 5.2. To provide strategically beneficial mining and industrial complexes by reliable
fuel and energy sources, establish integrated energy system

In the scope of solving issues facing energy supply in aimag centers, integrated heating
system of aimag centers and towns is established at the aimag centers.

Recognizing growing energy needs of the Ulaanbaatar city, fifth power plant is to be built
with 450 MB capacity and “Big Ring” energy distribution system is created and heating
system with about 100 MB is established in the west and east part of the City to reduce
inefficiency in energy transfer and distribution.
42
Strategy 5.2. To provide strategically beneficial mining and industrial complexes by reliable
fuel and energy sources, establish integrated energy system
Strategy 3: In connection to improving efficiency of the sector, developing export oriented
energy production, sustaining its financial situation, fostering the public and the private
partnerships and promoting economically sound management, energy cost will be freed and the
energy sector will shift to the market economy relations.
 Amendments will be made in the “Energy law” to widen the public and private partnerships
and from 2013, monthly energy consumption of a household that is within 150 kilowatt per hour
will cost 79.80 tugrug per kilowatt and those used 151 kilowatt per hour or more will pay 115
tugrug per kilowatt hour used.
 Through to promoting PPP and Private sector investment, expand the private sector’s
involvement in energy industry, to comprise funding for implementation of the large projects in
energy sector.
 In scope of developing state policy to support energy efficiency use, “Law on Energy saving”
will be drafted and approved by the Parliament to foster environment that saves energy.
 Basing on capacities of Choir-Nyalga brown coal site and other mines, opportunity of
building high power energy plant is to be explored which would promote export oriented
domestic energy production.
43
Strategy 5.2. To provide strategically beneficial mining and industrial complexes by reliable
fuel and energy sources, establish integrated energy system
Strategy 4: Reliable energy resources are domestically supplied to mining sites and other
industrial complexes with a strategic significance
 Responding to growing needs of energy in South Gobi, power plants based on Tavan tolgoi
and Oyutolgoi mine would be built and transmission line with 220 kilowatt to transfer energy is
created connecting Ulaanbaatar- Mandalgobi- Tavan tolgoi- Oyu tolgoi and another 220 kilowatt
transmission line to transfer energy is established and connected to the central system wiring
Choir and Tsagaan-suvarga with two lines.
 Possibility of building 600 MB power plants based on thermal coal basin at the Central
region of Mongolia.
Strategy 5: In the structure of energy production, use of energy from renewable resources is to
be increased and, thus the balanced approach towards production and distribution is created.
 60 MB wind park is built in Tuv province, 52 MB wind park is installed in Sainshand.
 Possibilities of establishing 330 MB hydro power station of Eg river.
44
MONGOLIAN INTEGRATED ENERGY SYSTEM
IN 2016
Fuel and energy sector investment – 3658,5 billion MNT
New capacity:
5 stations with 1900 МВ
317 km 110 kW transmission line
1227 km 220 kW transmission line
45
7.CONCLUSIONS AND
COMMENTS
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CONCLUSIONS AND COMMNETS



Goal of energy sector of Mongolia during the last 5 years was to increase energy supply
domestically, create stable, independent energy system, whereas upcoming 5 years or
medium term development policy and strategy is conducted to build high capacity power
plants, transmission lines in order to assure growing energy consumption and to create inter
regional energy system, also it will be the new phase for energy sector to transfer into the
market scheme .
Due to purposed plan for implementing large projects within the next few years and private
sector investment predicted to be growing dramatically, therefore raising necessitates to
create favorable policies and regulations in favor of improving the implementation
mechanism of PPP, attracting sustainable private sector investment are required.
As a main supporting factor of economic development, basic infrastructure such as power,
transport should be financed by state due to a significant positive impact on early
commencement and economic performance of proposed new mining, and industrial parks.
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CONCLUSIONS AND COMMNETS

It is possible to take actions for controlling the price and quality of energy products
through to modifying the structure of supply and distribution chain of energy products,
improving the monitoring would on the one hand, to maintain sustainable economic
growth and the other hand, it could prevent a shocks that caused by commodity price
fluctuation.

However, budget investment of energy sector has been increasing dramatically during the
last several years, due to lack of research on investment return, incompletion of the
project and dead expenses become a critical issues. Thus, in a wider extent, it is necessary
to take more attention onto development policy and planning.

Comprehensive state policy on primary energy products such as petroleum, coal is needs
to be implemented shortly and we see that foremost goal of Mongolian energy sector is
to address energy dependency and to become “Self sufficient”.
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National Development and Innovation Committee
Government building 2,
United Nations Street 5/1,
Chingeltei district, Ulaanbaatar 15160, MONGOLIA.
Tel: +976-11-265912 Fax: +976-11-327914
Web site: www.ndic.gov.mn, E-mail: [email protected]
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