Japan Metals and Mining, Mitsui

Severstal and Japanese may supply systems for LNG storage to Gazprom

According to the Kommersant’s information, Severstal, IHI Corporation and Mitsui plan to establish a joint venture for production of liquefied natural gas storage facilities in interests of G

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$1.5 bln to be invested in development of Tavan-Tolgoi

The investment in the development of the coal deposit Tavan-Tolgoi in Mongolia might equal to about $1.5 bln, the President of RZD, V. Yakunin said, Vedomosti reports.
According to him, this amount concerns the offer of the monopoly on the condition of the joint development of the site.
The application for participation in the auction is submitted but there might be some changes in the project, Mr. Yakunin said.
On February 1st, 2011 Mongolia started the pre-qualification selection of the applications on development of the coal deposit Tavan-Tolgoi. Read more »

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