Filter content by area of interest
Handling Equipment/Systems
Ports & Terminals
Transport & Distribution
Materials & Commodities
Storage
Processing
ICT & Telecoms
Civil Engineering
Mining
Environment
Safety & Security
Business
 View all Topics View all Topics A-Z
More View all Topics View all Topics A-Z

You are viewing this article with our compliments. 


register  or  login  to manage your newsletter preferences and to prevent this message from appearing.

Access to the sea for Mongolian coal exports

Russia’s FESCO Transportation Group and Erdenes Tavan Tolgoi (ETT), the operator of Mongolia’s largest coalfield, have agreed to jointly construct a coal export terminal at the Russian Pacific harbour of Zarubino.

Linked InTwitterFacebookeCard

The first phases, offering capacity of 6 Mtpa, is scheduled for construction between 2020 and 2023. However, the preliminary technical and economic feasibility study suggests capacity would later be increased to 10 Mtpa.

 

FESCO and ETT will set up a joint venture to carry out the project, which will be registered as a resident of Russia’s Free Port of Vladivostok, thereby granting it all the relevant preferences and tax exemptions.

 

Before reaching its agreement with ETT, FESCO, which runs the port of Zarubino, presented its terminal construction plan to the Mongolian Government. Ulaanbaatar accepted the idea as it will provide the landlocked nation with access to the Pacific Ocean and the possibility to export Mongolian coal to Asia-Pacific markets.

 

The terminal construction cost is estimated at around US$260M, according to FESCO’s president and board chairman Aleksandrs Isurins. However, further investment is likely to be required for additional works such as deepening the harbour’s navigation channel and water area, as well as to developing relevant utilities and infrastructure.

 

Furthermore, since the Tavan Tolgoi (TT) coal deposit has no railway connection, the launch of new terminal would need to be synchronised with the completion of the 440 km-long rail line linking Mongolian coalfield with the Chinese border.

 

This year, Russian president Vladimir Putin proposed a US$1.5B loan to his Mongolian counterpart Battulga Khaltmaa for the construction of new and upgrading of the existing Mongolian railways.

 

It is believed that Ulaanbaatar would earmark part of the borrowed funds for the completion of the TT- Chinese border rail line, as well as the upgrading of the Trans-Mongolian Railway.

 

Linked InTwitterFacebookeCard

You may also like these related articles...

JV to build ore carrying freight wagons

ABB engine diagnostics for 12 bulk carriers

ERG record for iron ore shipments to China

Bristol facility a boost for steel shippers

Stunning comeback for agricultural exports

UWC inks rail car deal with chemicals firm

Most Read


Mobile harbour crane business


Lumber by rail in Scotland


Ports' global footprint set to grow rapidly

Linked In
Twitter