About Us

Jade Gas Holdings Limited (Jade) is a gas exploration company focused on the coal bed methane (CBM) potential of Mongolia. Jade’s flagship project is the CBM gas project over the Production Sharing Agreement (PSA) area of Tavantolgoi XXXIII unconventional gas basin, (TTCBM Project). Jade will operate and manage the TTCBM Project through its subsidiary Methane Gas Resource LLC (MGR), a joint venture (JV) company partnering with Erdenes Methane LLC (EM), the representative company for the Mongolian Government. The JV was formed with the intention to explore, develop and produce gas from the TTCBM Project located in the South Gobi region of Mongolia.

Jade recently acquired two new prospective CBM permits, Shivee Gobi and Eastern Gobi. Both permits cover an area of over 18,000km2 and are well located within existing coal basins and near coal deposits and mines.

It is the strategy of Jade to seek to develop all of its projects so that gas produced may, in the long-term, provide a reliable supply option to the oil and gas product market and to the power sector in Mongolia, both to the capital city of Ulaanbaatar and also into regional areas. Achievement of this strategy would partially displace imported gas and gas liquid products, and reduce higher carbon emitting fuel sources such as coal and diesel, the result of which would be the improvement in air quality of Ulaanbaatar city and other towns.

Supporting Mongolia’s energy transition is a key priority and success for Jade will result in:

  • Improving Mongolia’s energy independence
  • Supporting Mongolia’s significant future energy demand growth
  • Decarbonizing the economy by improving the energy mix with cleaner fuel sources
  • Environmental and health benefits for the people and country of Mongolia