Companies·Oil
PetroChina Daqing Tamsag
Foreign-owned
A PetroChina subsidiary operating Block XIX in Dornod aimag. It also processes oil from a neighbouring block and exports it to China.
Owners
- PetroChina (China)share not published
- Sector
- Oil
- Mines and assets
- Block XIX, Tamsag basin, Dornod
- Products
- Crude oil
- Stock exchange
- PetroChina: Hong Kong and Shanghai
Key facts
| Measure | Value | Year |
|---|---|---|
| Mongolia's crude oil exports (all companies) | 3.5 million barrels, 13% less than 2024Ministry of Economy and Development, Q4 2025 report ↗ | 2025 |
| Oil from neighbouring Block XX | Takes Petro Matad's oil, processes it and exports it to ChinaKeyfacts Energy — Petro Matad and PetroChina Daqing Tamsag oil sales agreement (2025) ↗ | 2025 |
How its money reaches citizens
Through the state's share of oil under the production sharing contract, and taxes. Mongolia exports its crude and imports almost all its fuel.