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Shiveekhuren port exports increase by 38 percent

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Bloomberg TV Mongolia
2015-08-27
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Shiveekhuren port exports increase by 38 percent

Shiveekhuren ports starts leading by its exports done to China with sales of 830 thousand tones of coal worth USD 21.7 million just in past month. Main factor behind the export volume increase at this port was the start of use of the heavytruck route, which was the main bottleneck in the transportation of the coal.

According to the statistics data reported by the Chinese side, exports of coal through the Shiveekhuren port increased by 38 percent or was at 4.76 million tones in the months from January to July. Coal sales amount also have seen the increase by 43.5 percent at USD 123.6 million. Although Shiveekhuren port comprises more than 50 percent of the total coal exports, the total sales amount is still 46 percent lower compared to Gashuunsukhait port, which mainly exports coal from Tavan Tolgoi deposit.

Location of coal mines exporting through Shiveekhuren port is 50 km away from the Chinese borders and is considered as the most suitable for heavy truck transportation, while Tavan Tolgoi deposit located 200km away from the borders requires railway transportation of the coal for the cost efficiency.

With the shift of the exports of coal through Gashuunsukhait port to heavy truck has led to the decline in the export volumes. According to the Mongolian Railways the construction of Tavantolgoi-Gashuunsukhait railway is at 87 percent and is currently stalled.

Shiveekhuren ports starts leading by its exports done to China with sales of 830 thousand tones of coal worth USD 21.7 million just in past month. Main factor behind the export volume increase at this port was the start of use of the heavytruck route, which was the main bottleneck in the transportation of the coal.

According to the statistics data reported by the Chinese side, exports of coal through the Shiveekhuren port increased by 38 percent or was at 4.76 million tones in the months from January to July. Coal sales amount also have seen the increase by 43.5 percent at USD 123.6 million. Although Shiveekhuren port comprises more than 50 percent of the total coal exports, the total sales amount is still 46 percent lower compared to Gashuunsukhait port, which mainly exports coal from Tavan Tolgoi deposit.

Location of coal mines exporting through Shiveekhuren port is 50 km away from the Chinese borders and is considered as the most suitable for heavy truck transportation, while Tavan Tolgoi deposit located 200km away from the borders requires railway transportation of the coal for the cost efficiency.

With the shift of the exports of coal through Gashuunsukhait port to heavy truck has led to the decline in the export volumes. According to the Mongolian Railways the construction of Tavantolgoi-Gashuunsukhait railway is at 87 percent and is currently stalled.

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Сэтгүүлч Bloomberg TV Mongolia
Bloomberg TV Mongolia
Category
Economy
Published
2015-08-27


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