Page 5 - AsiaElec Week 40 2022
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AsiaElec                                          COAL                                              AsiaElec


       Mongolian coal exports lose





       acceleration but still high







        MONGOLIA         THE rapid acceleration seen in Mongolia’s coal  meanwhile, remained consistent between Sep-
                         exports since July came to a halt in the last week  tember 23 and September 29. The volume in the
                         of September with very little w/w growth. Never-  year to date was 1.091mn tonnes, representing a
                         theless, the export volume was still high.  7% y/y gain.
                           According to the Ministry of Mining and   No significant change was recorded for iron
                         Heavy Industry, Mongolia exported 1mn tonnes  ore and concentrate. A total of 129,200 tonnes
                         of coal from September 23 to 29. And as of Sep-  was exported in the week in question, making a
                         tember 29, total coal exports for 2022 were up  year-to-date export total of 3.1mn tonnes.™
                         52% y/y to 18.8mn tonnes.
                           The rate of copper concentrate shipment,






     China CAMCE Engineering pushes to





     finalise gas project with Kazakhs









      CHINA             CHINESE industry infrastructure contractor  with Sozak in June 2019 - further developments
                        China CAMCE Engineering is pushing to final-  were likely delayed by the global pandemic.
                        ise a contract with Kazakhstan’s Sozak Oil and   CAMCE will be responsible for EPC services
                        Gas for engineering, procurement and construc-  covering a gas plant with an annual processing
                        tion works on a natural gas development project  capacity of 6bn cubic metres of natural gas as
                        in Kazakhstan, Upstream has reported.  part of Sozak’s operations in Kazakhstan’s Turk-
                          CAMCE moved to make a $11.96bn deal  istan and Kyzylorda regions.™































       Week 40   05•October•2022                www. NEWSBASE .com                                              P5
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