On May 11, the Minister of Energy D.Zorigt MP submitted a draft parliamentary resolution to the Speaker Z.Enkhbold on adopting a state policy on Energy.
Based on the analysis on the current status of the energy sector, pressing issues and potential solutions, the draft sets out 6 goals, 26 objectives and three priorities, and provides dates for their implementation as follows: first stage is to be implemented in 2015-2023, and second – in 2024-2030.
The Minister said this draft has been developed on the motives that the legal documents regarding energy sector should be refined, considering the rapid growth in economy and society, intensification of market communications, legal reforms in investments, and activation of domestic and foreign investors.