1 RIO-GLENCORE DEAL CLOSER THAN EVER WITH PREMIUM AND CEO IN FOCUS WWW.BLOOMBERG.COM PUBLISHED:2026/01/10      2 MONGOLIA'S INFLATION DOWN TO 7.5 PCT IN DECEMBER 2025 WWW.XINHUANET.COM PUBLISHED:2026/01/10      3 MONGOLIA ENERGY FACES MNT 412.3 BILLION TAX LIABILITY AFTER LOSING MONGOLIAN COURT CASE WWW.TIPRANKS.COM  PUBLISHED:2026/01/10      4 NUMBER OF FOREIGN NATIONALS RESIDING FOR OFFICIAL AND PRIVATE PURPOSES UP 7.4% WWW.MONTSAME.MN PUBLISHED:2026/01/10      5 SUSTAINABILITY RELATED REPORTING: READINESS ASSESSMENT MONGOLIA REPORT WWW.UNDP.ORG PUBLISHED:2026/01/10      6 GOVERNMENT TO FORMALLY APPROACH RIO TINTO, OYU TOLGOI TO SAFEGUARD NATIONAL INTEREST WWW.MONTSAME.MN PUBLISHED:2026/01/09      7 NON-COMPLIANT ADVERTISING BILLBOARDS TO BE REMOVED WWW.MONTSAME.MN PUBLISHED:2026/01/09      8 FROM TORONTO, CANADA TO PHU QUOC, VIETNAM: MONGOLIA’S BOLD 2026 AVIATION EXPANSION INCLUDES NEW FLIGHTS, VISA-FREE TRAVEL, AND AIRPORT UPGRADES! WWW.TRAVELANDTOURWORLD.COM PUBLISHED:2026/01/09      9 MONGOLIA TO MARK 820TH ANNIVERSARY OF THE GREAT MONGOL EMPIRE WWW.MONTSAME.MN PUBLISHED:2026/01/09      10 PARLIAMENT SUPPORTS SOLAR GER INITIATIVE UNDER NEW REGULATORY REFORMS WWW.MONTSAME.MN PUBLISHED:2026/01/09      Б.ДЭЛГЭРСАЙХАН: ХӨШИГИЙН ХӨНДИЙН ТӨМӨР ЗАМ, НАВИГАЦЫН ТОНОГ ТӨХӨӨРӨМЖИЙН ШИНЭЧЛЭЛИЙГ ЭНЭ ОНД ДУУСГАНА WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/11     УРЬДЧИЛАН ЗАХИАЛГА ӨГСӨН 260 ИРГЭНИЙГ ХОЁР ТЭРБУМ ТӨГРӨГӨӨР ХОХИРООЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/11     GLENCORE, RIO TINTO КОМПАНИУД НЭГДЭХ ХЭЛЭЛЦЭЭ ХИЙЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/10     Н.НАРАНБААТАР: ЭНЭ ОНД НҮҮРСНИЙ ЭКСПОРТЫН ХЭМЖЭЭГ 90 САЯ ТОННД БАРИНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/10     УЛААНБААТАРТ ӨНДӨР ТЕХНОЛОГИЙН ХОЁР ҮЙЛДВЭР БАЙГУУЛЖ, УСАН ХАНГАМЖИЙГ 80 ХУВИАР НЭМЭГДҮҮЛЛЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/09     ХУУЛЬ БУС ЭЗЭМШИЛД БАЙСАН 15 БАРИЛГА БАЙГУУЛАМЖИЙГ НИЙСЛЭЛД БУЦААН АВЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/09     МОНГОЛ УЛСАД 37 097 ГАДААД ИРГЭН ОРШИН СУУХ БҮРТГЭЛТЭЙ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/09     ҮСХ: 12 ДУГААР САРЫН ИНФЛЯЦ 7.5 ХУВЬТАЙ ГАРЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/09     2026 ОНД НИЙСЛЭЛД ХЭРЭГЖИХ ТОМООХОН БҮТЭЭН БАЙГУУЛАЛТУУД WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/09     ДУЛААНЫ ТАРИФ НЭМЭГДҮҮЛЭХ ШИЙДВЭРИЙГ ХОЙШЛУУЛЖ, 2027 ОНЫ НЭГДҮГЭЭР САРЫН 1-НЭЭС НЭМНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/09    

Production sharing agreement signed for methane gas exploitation www.montsame.mn

Ulaanbaatar /MONTSAME/ Erdenes Mongol LLC’s subsidiary Erdenes Methane LLC and Australia’s Jade Methane LLC are working together on a project to estimate coal seam methane gas reserves and use the mineral as an energy resource. Since establishing an investment agreement for the project in May 2019, the sides have been exploring coal seam methane gas at Tavantolgoi coal deposits.

They drilled 500-900 m deep wells in eight locations and coal samples were tested for methane gas composition. On April 22, 2020, the Cabinet authorized Erdenes Methane to conclude a production sharing agreement for coal seam methane gas sites at Tavantolgoi coal deposits, making it possible to commence exploration, reserves estimation, and feasibility studies.

On May 6, Director of the Mineral Resources and Petroleum Authority Kh.Kherlen and Executive Director of Erdees Methane D.Amar signed a production-sharing agreement for the exploration and exploitation of coal seam methane gas at Tavantolgoi’s XXXIII exploration site, where methane gas has been detected. The exploration site has estimated coal reserves of over 100 billion tons. Erdenes Mongol CEO P.Gankhuu expressed his hope that the exploitation of the mineral will play an important role in the country’s economic growth and reduction of air pollution.

It was also noted that Jade Methane coped with the difficulties faced in the first phase of the project alone without burdening the country’s budget, and carried out methane gas exploration at Tavantolgoi coal deposits.

Erdenes Methan is the first state owned company to be allowed to establish a production sharing agreement.



Published Date:2020-05-11