Korea Gas Safety Corporation Holds Final Report Meeting on Consulting Study of Mongolia’s Gas Industry Environment

— Comprehensive Analysis of Mongolia’s Gas Industry and Safety Management, Covering Climate Conditions, the Industrial Environment, and Relevant Laws and Regulations —

The Korea Gas Safety Corporation (President & CEO Gyurnggoog Bahk, hereinafter referred to as KGS) announced that it held the “Final Report Meeting on the Consulting Study of Mongolia’s Gas Industry Environment” in Ulaanbaatar, Mongolia, on September 2.

The event was held as part of the KOICA Official Development Assistance (ODA) project, “Establishment of the Legal and Institutional Framework and Capacity Building for Gas Safety Management in Mongolia,” which is currently underway in Mongolia.

The event was jointly hosted by KGS and the Mineral Resources and Petroleum Authority of Mongolia (MRPAM) and attended by approximately 60 gas industry representatives from both countries, along with officials from public institutions including the KOICA Mongolia Office, the Ministry of Industry and Mineral Resources, the National Emergency Management Agency (NEMA), and the Ulaanbaatar City Government.

The meeting presented the findings of a comprehensive analysis of Mongolia’s gas safety management, including its climate conditions, current gas industry environment, and gas safety-related laws and regulations. It also laid the groundwork for shaping future directions for Mongolia’s gas safety management.

Based on the findings of the consulting study, KGS plans to propose a draft “Gas Safety Management Act of Mongolia” (tentative title) to the Mongolian government.

The event began with opening remarks by Gyurnggoog Bahk, President & CEO of KGS, followed by welcoming remarks from Purevjav Bayanbaatar, Chairman of MRPAM, congratulatory remarks by Haeng-Lan Jo, Country Director of the KOICA Mongolia Office, and a presentation of the consulting results.

“I hope this consulting study will serve as a meaningful starting point for jointly exploring the future direction of Mongolia’s gas industry based on Korea’s experience and systems in gas safety management,” said Gyurnggoog Bahk, President & CEO of KGS. He added, “I also hope it will help lay the foundation for a safe and sustainable gas industry in Mongolia.”