ID :
192104
Thu, 06/30/2011 - 17:01
Auther :
Shortlink :
http://m.oananews.org//node/192104
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ABOUT COURSE OF TAVAN TOLGOI DEPOSIT'S AGREEMENT
Ulaanbaatar, Mongolia, /MONTSAME/ On Wednesday, the First Deputy Premier N.Altankhuyag and a head of the Cabinet Secretariat of Government Ch.Khurelbaatar spoke about a course of agreement on exploitation of Tavan tolgoi mineral deposit.
A working group led by N.Altankhuyag is working on drawing up a draft agreement on the deposit, maintaining parliamentary 39th and 40th resolutions as the core guidelines, also keeping to the National Development Policy, the governmental program, a recommendation of the National Security Council, the state policy on railway, a program on development of Omnogobi's infrastructure, and strategies for the Sainshand industrial complex, and the concept of foreign policy.
In accordance with the 39th parliamentary resolution, some officials have been ordered to hold talks on transit transport, contrary terms, pre-payment, exploitation of ports, investments and sales, to run an open selection of consortiums with participation of domestic and foreign investors, to discuss a draft contract of investment at parliament, and to introduce other draft documents.
Six candidates as the Peabody Energy Corporation (USA), the Shenhua Energy (China), the Mitsui (Japan), a unity of consortiums (Russia, Japan and the Republic of Korea), the Xtrata Coal (Australia and Switzerland), the Vale (Brazil) and the ArcelorMittal (Luxembourg)--have been selected in mid of the selection. After doing 18 contracts and agreements, three candidates have reached the final phase of the selection, said Khurelbaatar.
The government aims to make the Tavan tolgoi deposit one of the biggest in the world coal mines, to implement the high-level safety operations and labor on the deposit, to keep the international standards of environment protection and rehabilitation, to sell coal at high price, and to distribute it to final consumers. Specific criteria must be satisfied by the operator who will run the coal extraction.
The cabinet meeting has considered as necessary to introduce to parliament the process of agreement on exploitation of Tavantolgoi deposit.
B.Khuder
A working group led by N.Altankhuyag is working on drawing up a draft agreement on the deposit, maintaining parliamentary 39th and 40th resolutions as the core guidelines, also keeping to the National Development Policy, the governmental program, a recommendation of the National Security Council, the state policy on railway, a program on development of Omnogobi's infrastructure, and strategies for the Sainshand industrial complex, and the concept of foreign policy.
In accordance with the 39th parliamentary resolution, some officials have been ordered to hold talks on transit transport, contrary terms, pre-payment, exploitation of ports, investments and sales, to run an open selection of consortiums with participation of domestic and foreign investors, to discuss a draft contract of investment at parliament, and to introduce other draft documents.
Six candidates as the Peabody Energy Corporation (USA), the Shenhua Energy (China), the Mitsui (Japan), a unity of consortiums (Russia, Japan and the Republic of Korea), the Xtrata Coal (Australia and Switzerland), the Vale (Brazil) and the ArcelorMittal (Luxembourg)--have been selected in mid of the selection. After doing 18 contracts and agreements, three candidates have reached the final phase of the selection, said Khurelbaatar.
The government aims to make the Tavan tolgoi deposit one of the biggest in the world coal mines, to implement the high-level safety operations and labor on the deposit, to keep the international standards of environment protection and rehabilitation, to sell coal at high price, and to distribute it to final consumers. Specific criteria must be satisfied by the operator who will run the coal extraction.
The cabinet meeting has considered as necessary to introduce to parliament the process of agreement on exploitation of Tavantolgoi deposit.
B.Khuder
