2. LEGENDARY SILK ROAD
✴
✴
China’s recent activities related to “revival” of Silk Road
China’s “New” Silk Road: Railway, Oil and Gas pipelines to
Europe
3. !
CHINA’S “NEW” SILK ROAD
Natural Gas Power,
Hydro Power
Energy Silk
Road
Coal Powe
r, Hydropo
wer
and Solar
Energy
Coal Power
ind
Power, W
Coal
Power
9. EXTERNAL BENEFITS
✴
✴
Export energy to China
There is an MoU between Mongolian and China Government signed in 2005
regarding energy export from Mongolia to China
10. EXTERNAL BENEFITS
✴
✴
Dreams of exporting energy to North-East Asia will become reality
Coal energy will be exported to Japan and Korea together with renewable energy
(supporting present government policies on exporting renewable energies)
11. WHAT WE SHALL DO ?
There are today 250 coal
mine license holders in
Mongolia
✴
✴
✴
Mongolia coal companies should unite for global interests
Coal companies to build up a shareholding company which should pursue
companies’ global interests in international market
This company will be a Global company exporting MONGOLIAN COAL
ENERGY to international market
12. WHAT WE SHOULD DO ?
Mongolian Coal Energy
Company
/MCEC/
170 billion tons of coal reserves in Mongolia to be verified and at least 50 billion
tons of reserves must be in ownership of MCEC
That means, it will become one of the world largest coal companies with
estimated USD50 billion assets
Peabody ~ estimated assets- USD20 billion; Shenhua+China Coal ~ USD16 billion
13. OTHER FACTORS
✴
✴
✴
Future of nuclear energy became unclear after Fukushima
disaster
Most of politicians in other countries raise their voices
against nuclear energy
Renewable energy still cannot be considered as a 100%
reliable energy source
Above mentioned factors lead to the conclusion that coal will
stay as the most valuable energy sources for quite long time
until new solutions/technologies are found