Belarus Oil and Gas

Gazprom reports that Minsk violates gas contract

In the third quarter of 2018, Belarus violated its contractual obligations to Gazprom, as didn’t pay for gas supplied from Russia.

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The 135-millionth ton of oil produced in Belarus

Belorusneft has produced 135 million tons of oil since the beginning of industrial operation of fields in the country.

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Belneftekhim intends to increase supplies of chemical products to Ukraine to $200 mln

Belarusian concern Belneftekhim has intended to increase supply of chemical products to the Ukrainian market by 30% in 2019.

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The Mozyr Oil Refinery is assembling large-sized equipment on hydrocracking.

The Mozyr Oil Refinery (Belarus) has received another batch of large-sized equipment for the heavy oil residue hydrocracking complex under construction, the press service of the company informs.

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Russia not to supply petrol, diesel fuel and fuel oil to Belarus in 2019

Russia will not supply petrol, diesel fuel and fuel oil to Belarus from November 2018 until the end of 2019. This was stated by Minister of Energy Alexander Novak.

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Moscow and Minsk to "calculate" a new gas price formula not earlier than in mid-2019.

Russia and Belarus will agree on a new gas price formula for the latter until 2025, not earlier than July 2019, the Minister of Energy of the Republic Viktor Karankevich announced.

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Minsk wants to get compensation for tax maneuver in Russia

Belarus and Russia are entering an active phase of negotiations to determine a mechanism of compensation in connection with tax maneuver in Russia.

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Russia may increase supplies of petroleum products to Belarus by 10-15%

In 2019, Russia can increase supply of petroleum products to Belarus by 10-15% for the needs of the Belarusian petrochemical industry, the Russian Ambassador to the country Mikhail Babich said.

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Babich: Russia may increase petroleum products supply to Belarus

Russia may increase supplies of petroleum products by 10-15% in 2019 compared to 2018 for the needs of the Belarusian petrochemical industry, negotiations on dark oil products continue, the Russian

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Stumbling rock of creating common gas market of EEU

Within draft program of formation of the common gas market of the Eurasian Economic Union (EEU), there is one disagreement regarding the tariffs for gas transportation.

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