The Current Situation Of Oil Sector In Mongolia And Methods For Enhancing The Sector

World oil and oil products market growing and oil reserves shrink the current situation of Mongolian power and reliability of the oil industry is very important. Mongolian oil and oil products from Russia, which provides 80 percent of the demand, and this trend Mongolian economy and the oil industry has brought many challenges. And government regulations have required significant assistance to support the development of the oil sector.This article oil and oil products to the development and needs of how to ensure continuous improvement of the competitiveness of the oil industry, the state’s current state of opinion and influence to address the challenges faced by chance and determined way. This Mongolian oil exploration, extraction and production of domestic oil product research and determine the current state of the market, crude oil and oil products to determine the current state of the market to support state policies and measures that can be taken by the state, the country and oil products determines whether there is likely to meet the needs of in-house expertise. The article said the government and the private sector to improve the coordination of cooperation to solve the problems faced by the current proposed the idea.This article with an introduction and five chapters, staggered, conclusions, bibliography and appendix that consists of five parts, and the first group of Mongolian oil sector’s current situation and future trends of the second group of Mongolian oil and oil products through the current market situation, analysis of the third group of Mongolian oil and the oil industry support the current policy of the fourth group of Mongolian challenges facing the oil industry, the fifth group of Mongolian oil industry problems and solutions identified and evaluated.