Economy
15% drop in fuel prices expected in Mongolia PDF Print E-mail
News - Economy
Monday, 10 November 2008 08:51
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. 

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