As a result of ''UM Trade'' launching, troubles related to import of Angarsk oil and chemical products are expected to be removed and Mongolian consumers will have a possibility of purchasing the products by reasonable prices. ''UM Trade'' company's administration considers that permanent rise of oil and other products' supplies to Mongolia is connected with the economic growth of Mongolia.
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Yukos Furthers Mongolian Invasion
The official representative board of Yukos in Mongolia...
The official representative board of Yukos in Mongolia, the UM Trade company, was opened in Ulaanbaatar on March 16th.
UM Trade began to run oil and chemical products wholesale on 1 January 2004. It supplies 40,000 tons of them a month, of which diesel fuel and A-80 petroleum occupy the most portion.
As a result of ''UM Trade'' launching, troubles related to import of Angarsk oil and chemical products are expected to be removed and Mongolian consumers will have a possibility of purchasing the products by reasonable prices. ''UM Trade'' company's administration considers that permanent rise of oil and other products' supplies to Mongolia is connected with the economic growth of Mongolia.
Yukos company began to supply oil products to China in 2002 through the territory of Mongolia.
As a result of ''UM Trade'' launching, troubles related to import of Angarsk oil and chemical products are expected to be removed and Mongolian consumers will have a possibility of purchasing the products by reasonable prices. ''UM Trade'' company's administration considers that permanent rise of oil and other products' supplies to Mongolia is connected with the economic growth of Mongolia.
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