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

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Text version: https://stenobird.com/podcast/adelaide-news-today-2-min-news-the-daily-news-now-7575068/jade-gas-secures-1b-deal-for-mongolia-adelaide-news.md
Podcast: [Adelaide News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/adelaide-news-today-2-min-news-the-daily-news-now-7575068)
Published: 2026-07-27T00:19:27+00:00
Episode link: https://sources.thednn.ai/928d7e416e7194b8
Audio file: https://api.fastcast.ai/audio/b51c65ba-e69e-4abf-9607-cad0e928d803.mp3
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Duration seconds: 136

## Resource

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: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/928d7e416e7194b8

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