Mongolia Taps North Korea Oil Potential to Ease Russian Grip HBOil JSC, an oil trading and refining company based in Ulaanbaatar, Mongolia, said it acquired 20 percent of the state-run entity operating North Korea ’s Sungri refinery, according to an e-mailed statement yesterday.
June 18, 2013 - Bloomberg
Peter Lindsay in Brisbane Times Ulaanbaatar [sic] is the coldest capital city in the world - typically minus 40 degrees in winter,Mr Lindsay wrote. "Mongolians have a far better work and safety ethic than Australians. Their philosophy is ingrained based on the premise 'I...