Belarus

Oil reserves growth in Belarus doubled in 2016

The growth of oil reserves in Belarus in 2016 grew by twice in 2016 compared with 2015, the Minister of Natural Resources, A. Kovtukho, said.

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Oil processing depth at Belarusian refineries to be increased to 90-92%

Belarusian refineries will increase the depth of oil processing to 90-92% in the next few years.

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Belarus and Russia have started negotiations on the establishment of a single gas market

Belarus and Russia have started a new stage of negotiations on the establishment of a single gas market, Vice-PM of Belarus, V. Semashko, said.

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The Ukraine significantly reduced import of HDPE from Belarus

In Q1 2017 Belarus reduced the export of HDPE by 73.2% compared with Q1 2016 to 20.408 thousand tons, the National Statistic Committee reports.

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Belarus intends to keep oil transit volumes in 2017

Belneftechem plans to keep the volumes of oil transit in 2017 at the level of 2016.
In 2016 oil transit stayed almost the same as in 2015.

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Accumulated production in Belarus is almost 71% of explored reserves

In Belarus, as of January 1, 2017, 53% of the initial potential hydrocarbon resources were explored at 83 deposits. We are talking about recoverable oil reserves of the ABC1 + C2 category.

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China may allocate $1 bln to Belarus to complete modernization of oil refineries

China will consider an opportunity of allocation of funds to Belarus for the completion of modernization of the oil refinery plants.

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In Q1, Gazprom increased gas export to the CIS and Baltic states by 13.9%

In first quarter of 2017, Gazprom increased gas exports to the near abroad (CIS and Baltic countries) by 13.9% compared to the same period last year to 11.594 billion cubic meters, the company'

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Belarus metallurgical plant increased fittings supply to the Russian market

The Belarus metallurgical plant has summed up the results of metal products sale in Q1 2017. It was said that the situation in the world market in early 2017 was much better than in early 2016.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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