Page 6 - AsiaElec Week 39 2022
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AsiaElec                                           COAL                                              AsiaElec








       Mongolian coal exports





       continue to quicken







        MONGOLIA         MONGOLIA’S coal exports remain on the up   Also during September 16-22, copper
                         and up.                              concentrate exports showed some more slow
                           During September 16-22, the country  growth. Some 1.063mn tonnes of the commod-
                         achieved the one-million-tonnes-within-a-week  ity have been shipped since the beginning of the
                         coal export volume, marking a quadrupling of  year, an improvement of 8% y/y.
                         coal shipments year-on-year, according to the   For iron ore and concentrate, exports also
                         Mining and Heavy Industry Ministry. Since the  slowly rose. However, the volume exported
                         beginning of the year, Mongolia has exported  stood at 3mn tonnes in the year to September
                         17.7mn tonnes of coal, up 48% y/y. Almost all of  22, equivalent to a 48% y/y decrease.™
                         the country’s coal shipments go to China.














       China CAMCE Engineering aims for





       contract in Kazakhstan






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



















       P6                                       www. NEWSBASE .com                      Week 39   28•September•2022
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