15% drop in fuel prices expected in Mongolia

Fuel prices are expected to drop in Mongolia after Russia begins selling petroleum to Mongolia at reduced pricing. 

Officials have announced that as of November 16, A-80 type petroleum will be reduced by 194 USD per ton, A-92 petroleum by 171 USD and diesel fuel by 217 USD.  

This reduction will equal a 15 to 20 percent decrease over earlier prices. 

Officials expect Mongolian consumers to see a drop in their cooking, heating and auto fuel costs as a result of this price reduction.