Belarus awaits $700 million from Slavneft for the upgrading of the Mozyr oil refinery
Edited by Rhod Mackenzie / 2014-04-07 01:15:03
Belarus Oil and Gas Refining Russia Belarus Oil and Gas Russia Oil and Gas Gazpromneft Production and Refining Rosneft
Belarus awaits from Slavneft investment of $700 million into the upgrading of the Mozyr oil refinery, the acting Deputy Director of Belneftechem concern, V. Sizov. The state is going to upgrade before 2015 both its oil refineries, in Mozyr and Novopolotsk (Naftan). Slavneft controlled by Gazprom Neft and Rosneft holds 42.581% in Mozyr oil refinery, and the Government of Belarus holds 42.757%. The whole program for Mozyr oil refinery upgrading is valued by $1.7 billion.