Another country has decided to limit its consumption of Russian gas

The Mongolian authorities have decided to "diversify" the gas sector and move away from dependence on its Russian neighbour, Sky News reports.

According to Mongolia's Deputy Prime Minister Sainbuyan Amarsaikhan, his country buys nearly 100 percent of its gas from Russia and while Russian sources are important to ensure "continuous supply at a reasonable price and timely delivery," the country is looking to diversify its gas sector and its economy as a whole "as quickly as possible

In particular, Amarsaikhan noted that Mongolia relies on countries such as Australia.

Mongolia has limited natural gas resources, both conventional and unconventional, with hard-to-recover gas reserves in the southeast (East-Gobi Basin) and the eastern part of the country (Tamtsag Basin).

The country is bordered only by Russia and China, and has no access to the sea. Any options for import-based gasification of this country are geographically limited by directions, and technologically by possible segments of the newly created international gas transportation system, which are represented by grid and liquefied gas technologies.

At the same time, the country has fairly strong winds. The Mongolian authorities are considering the development of wind power