Belarus awaits $700 million from Slavneft for the upgrading of the Mozyr oil refinery

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. 

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