Newly democratic Mongolia offering exploration contracts

Journal Article · Mon Dec 07 00:00:00 EST 1992 · Oil and Gas Journal; (United States)

OSTI ID:7172716

Penttila, W C ^[1]

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1. Exploration Associates International of Texas Inc., Houston, TX (United States)

This paper reports that Mongolia, formerly the Mongolian People's Republic, is working to open its exploration prospects to international operators as it emerges as the world's 15th largest independent nation. The country, about the same size as Alaska with a population of 2 million, held its first free election in July 1990. The newly elected government drafted a constitution that took effect Feb. 12, 1992. The document modifies the previous government's structures to eliminate bureaucracy and allows for political pluralism. At the same time, the government is formulating energy policies, state oil company structure, and resource development philosophy.

• OSTI ID: 7172716
• Journal Information: Oil and Gas Journal; (United States), Vol. 90:49; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
MONGOLIAN PEOPLES REPUBLIC
ENERGY POLICY
GOVERNMENT POLICIES
OIL FIELDS
CONTRACTS
PETROLEUM INDUSTRY
RESOURCE DEVELOPMENT
INTERNATIONAL COOPERATION
WELL DRILLING
EXPLORATION
ASIA
COOPERATION
DRILLING
GEOLOGIC DEPOSITS
INDUSTRY
MINERAL RESOURCES
PETROLEUM DEPOSITS
RESOURCES
020700* - Petroleum- Economics
Industrial
& Business Aspects
294002 - Energy Planning & Policy- Petroleum
020200 - Petroleum- Reserves
Geology
& Exploration
021000 - Petroleum- Legislation & Regulations