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Minister urges calm amid Naadam fuel panic, confirms ample national reserves

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E.Oyun-Erdene
Yesterday
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Minister urges calm amid Naadam fuel panic, confirms ample national reserves

During the government's 100-day progress presentation, Minister of Industry and Mineral Resources G.Damdinnyam addressed public anxiety over recent fuel shortages, urging citizens to rely on factual data rather than panic.

The Minister explained that the perceived scarcity is driven entirely by a sudden spike in consumer panic-buying ahead of the Naadam holiday, with urban gas stations currently selling three to four times their normal daily volume. Consequently, reserves that typically last several days are being depleted in a single day. Damdinnyam firmly dismissed rumors of an actual shortage, labeling them as politically motivated misinformation.

As of July 4, the country holds a 33-day supply of AI-92 gasoline, a 44-day supply of AI-95, a 27-day supply of diesel, and a 21-day supply of jet fuel.

To further secure long-term domestic needs, the government has signed contracts to import an additional 137,000 tons of petroleum products in July and has placed a subsequent order for 71,000 tons from China. The Ministry expects station congestion to normalize shortly and urges drivers to remain calm as nationwide distribution continues smoothly.

During the government's 100-day progress presentation, Minister of Industry and Mineral Resources G.Damdinnyam addressed public anxiety over recent fuel shortages, urging citizens to rely on factual data rather than panic.

The Minister explained that the perceived scarcity is driven entirely by a sudden spike in consumer panic-buying ahead of the Naadam holiday, with urban gas stations currently selling three to four times their normal daily volume. Consequently, reserves that typically last several days are being depleted in a single day. Damdinnyam firmly dismissed rumors of an actual shortage, labeling them as politically motivated misinformation.

As of July 4, the country holds a 33-day supply of AI-92 gasoline, a 44-day supply of AI-95, a 27-day supply of diesel, and a 21-day supply of jet fuel.

To further secure long-term domestic needs, the government has signed contracts to import an additional 137,000 tons of petroleum products in July and has placed a subsequent order for 71,000 tons from China. The Ministry expects station congestion to normalize shortly and urges drivers to remain calm as nationwide distribution continues smoothly.

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E.Oyun-Erdene
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Society
Published
Yesterday


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