India Confirms Mongolia’s $1.7 Billion Oil Refinery To Begin Operations By 2028, Deepening Strategic And Energy Ties

India announced that Mongolia’s upcoming oil refinery, its largest Line of Credit (LoC)-backed infrastructure project worth USD 1.7 billion, is expected to become fully operational by 2028.The update came from Ministry of External Affairs (MEA) Secretary (East) P. Kumaran during a briefing on the ongoing state visit of Mongolian President Khurelsukh Ukhnaa to India.The refinery marks a landmark
India announced that Mongolia’s upcoming oil refinery, its largest Line of Credit (LoC)-backed infrastructure project worth USD 1.7 billion, is expected to become fully operational by 2028.The update came from Ministry of External Affairs (MEA) Secretary (East) P. Kumaran during a briefing on the ongoing state visit of Mongolian President Khurelsukh Ukhnaa to India.The refinery marks a landmark
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