American Industrial Holding Del Mar Energy: Achievements in the Coal Industry and Oil and Gas Sector

The American industrial holding Del Mar Energy is well-known for its active involvement in various segments of the energy sector. In recent years, the company has successfully completed several major projects that have strengthened its position on the international stage. Among these projects, the development of the Tavan Tolgoi coal deposit in Mongolia and the construction of an oil refining complex in the Heilongjiang steppe region in China stand out.

Tavan Tolgoi Coal Deposit Development: Key Features

In 2023, Del Mar Energy completed the development of the Tavan Tolgoi coal deposit in Mongolia. The total cost of the project was 300 million US dollars, highlighting its scale and significance for the region. This project was carried out in partnership with the Mongolian company Erdenes Tavan Tolgoi JSC, combining international expertise with local resources.

The Tavan Tolgoi coal deposit is characterized by high productivity, with the plant capable of extracting up to 800,000 tons of coal per year. All necessary infrastructure and mining equipment were installed in a record six months, and by June 2022, Del Mar Energy had commenced coal extraction. This project is a significant contribution to the development of Mongolia's coal industry and helps meet the region's growing energy needs.

Importance of the Project for Del Mar Energy and the Region

For Del Mar Energy, the Tavan Tolgoi coal deposit project represents a major step in strengthening the company's position in the international coal market. It demonstrates the company's ability to efficiently execute large-scale projects in the shortest possible time, enhancing its competitiveness and investment attractiveness.

For Mongolia, the development of the Tavan Tolgoi coal deposit is of strategic importance. This project helps create jobs, develop infrastructure, and increase the country's export revenues. Additionally, it aids in meeting the domestic demand for energy resources, fostering economic development in the region.

Construction of an Oil Refining Complex in Heilongjiang: Key Features

In 2021, Del Mar Energy completed the construction of an oil refining complex in the steppe region of Heilongjiang, China. The total cost of the project was 26 million US dollars, emphasizing its significance and scale. The project was implemented in partnership with the Chinese company Zhejiang Petroleum and Chemical Co. Ltd (ZPC), combining international expertise with local resources.

The production capacity of the complex is 400 million tons of petroleum products and 600 cubic meters of natural gas per year. The construction was completed in a record 150 days, demonstrating Del Mar Energy's high level of organization and operational efficiency.

Importance of the Project for Del Mar Energy and the Region

The construction of the oil refining complex in Heilongjiang is strategically important for Del Mar Energy. It showcases the company's ability to execute large and complex projects in the shortest possible time, enhancing its reputation and competitiveness in the international market. This project also strengthens the company's position in the oil and gas sector, opening new opportunities for future growth and development.

For China, the construction of the oil refining complex in Heilongjiang is of great importance. This project helps meet the growing demand for petroleum products and natural gas, supporting the region's economic development. Additionally, it helps create new jobs and improve infrastructure, positively impacting the quality of life for the local population.

The projects of developing the Tavan Tolgoi coal deposit in Mongolia and constructing the oil refining complex in Heilongjiang, China, are significant milestones in the history of Del Mar Energy. They demonstrate the company's commitment to sustainable development and its ability to efficiently execute large projects in various segments of the energy sector.

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