Jade Gas Secures $1B Deal for Mongolia | Adelaide News

Jade Gas Holdings, a South Australian energy giant, is set to revolutionize Mongolia’s energy future with a blockbuster $1 billion deal with Chinese firms, unlocking vast coal bed methane reserves in the Gobi Desert. This landmark project, slated to begin drilling in early 2027, will install 175 wells—just 20% of the total potential—and includes a scalable LNG facility to power Mongolia’s diesel-dependent economy. Led by PT Beijing Energy Linking and backed by Petro China and Hunan Geology, the initiative promises not just energy independence but a major economic boost, with repayment tied to future gas revenues. With over 30 years of Asian energy experience, CEO Joseph Burke sees this as a historic opportunity to bring clean, scalable energy to a nation poised for transformation. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/928d7e416e7194b8