To establish the national gas industry and become one of the major gas exporting company by exploiting coal bed methane (CBM) in Mongolia, implementing new integrated gas system and components.
VISION
To estimate CBM resources of major coal deposits, increase the project value by attracting foreign investment
CBM gas has a potential upside of economies of scale with the next stage investment projects such as local power generation plants and gas pipeline for domestic and export
Company overview
Erdenes Methane LLC, a 100% state-owned enterprise under the structure of Erdenes Mongol, was established on February 2, 2016. The company focuses on developing coal bed methane of major coal deposit of Mongolia by carrying out prospecting and exploration, estimating methane gas resources, preparing feasibility studies, evaluating economic viability, raising funds and further development and production of coal bed methane.
Bussiness
Erdenes Methane LLC will pioneer in developing gas industry in Mongolia focus on exploration for and production of conventional and unconventional oil and gas, bringing in investment and modern technologies, and developing skilled human resources.
Erdenes Methane is in the midst of commencing exploration for and estimation of CBM potential at Tavan Tolgoi coal deposit. The company has a long-term plan for conducting exploration for unconventional oil and gas at prospective areas through domestic and foreign investment.
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