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A.Lukashenko promises unwavering support to Belorusneft

Belorusneft is a state-owned vertically integrated petroleum company, established in 1966

A.Lukashenko promises unwavering support to Belorusneft

Source: The official website of the Belarusian President

Minsk, September 7 - Neftegaz.RU. The industrial group Belorusneft saved the country once, Belarus President Aleksandr Lukashenko recalled that as he heard out a report from Belorusneft Director General Aleksandr Lyakhov, BelTA has learned.

The president promised assistance with resolving red-tape and excessive bureaucracy problems to the company's management.
Lukashenko said:
  • There is plenty of bureaucracy and foot-dragging, but we will resolve the problem
  • Just the way we did once with regard to refueling stations
  • Not a single matter is accomplished in Belarus without you
  • If Belorusneft cannot build a refueling station somewhere, then feel free to initial the document, I will sign it and we will give it to some other company
  • According to my data, Belorusneft accounts for about 70% of the market [sales of oil products] in Belarus
  • I will always support it as long as I am the president
He reminded that Belorusneft saved the country in the past.:
  • When Russia stopped supplying the necessary volumes of oil to us
  • Someone hoped we would have a shortage of oil products
  • Then we processed all the oil we'd extracted for domestic needs and people didn't notice any shortages
  • There wasn't one, thanks to our company
Belorusneft has over 40 subdivisions engaged in oilfield services, engineering, design, gas processing, and petroleum product sales in Belarus, Russia, Ukraine, Ecuador and Poland.
The president noted:
  • This is why I made the right decision in the past, excuse me for immodesty, I forbade any privatization of Belorusneft
  • It is a state enterprise, which is supposed to provide our population with all the necessary oil products
  • There is no Belarus today without oil products
  • We evaluate the markets to see what sells better – oil, oil products - and then there are deliveries from Russia
  • We fully satisfy our domestic needs
In 2020, Belorusneft has discovered 3 oil deposits in Belarus.
The company´s geologists have started large-scale seismic exploration in the southern structural zone of the Pripyat trough.
This direction is considered one of the main ones in the strategy of oil exploration for the next 5 years.
During this period, field seismic surveys are planned to be carried out on an area of about 3,000 sq. km.

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