Mongolian Alt Company, better known as MAK, will construct a liquid fuel plant near the Aduunchuluun coal deposit in Bayantumensoum, Dornodaimag. According to a company spokesman, the $2-billion plant will have an annual capacity of 400,000 tons. This is expected to reduce by 30-40 per cent Mongolia’s dependence on imported oil products. MAK also feels the liquid fuel from coal will be cheaper at about MNT1200 for one litre.