Public ID: PID-9JW8RB

Land access issue resolved for UK oil operations in Mongolia

in Mongolia

Trade barrier summary

A UK-based oil exploration company has regained access to operate on its contracted block in Mongolia under a production sharing contract with the national government. Operations at the site had stalled since late 2019, with disruption prolonged by a lack of timely intervention from central government structures.

The block is considered one of Mongolia’s most promising prospects for boosting domestic oil supply to its upcoming refinery. With the access issue now resolved, the company has also secured rights to an additional block, strengthening its long-term investment in the region.


Sectors affected

  • Mining

Resolved

Yes - February 2025


Date reported

31 January 2024


Last updated

24 October 2025


Public ID

PID-9JW8RB


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