Belarus’ oil product export down 34.2% in Jan-Apr 2020 to 1.808m tonnes
<p> MINSK, Jun 22 - PrimePress. Belarus reduced the export of oil products in January-April 2020 by 34.2% year on year to 1.808 million tonnes, the National Statistics Committee of Belarus (Belstat) reports. </p> <p> </p> <p> In value terms, the export decreased in Jan-Apr 2020 by 38.3% yoy to $706.675 million. </p> <p> </p> <p> The decrease in revenues was primarily due to the decline in the physical volumes of oil products export, as Belarus had no long-term contracts with traditional Russian oil suppliers in January-March 2020. </p> <p> </p> <p> As reported, Belarus reduced the export of oil products in 2019 by 11.7% year on year to 10.5 million tonnes. In monetary terms, the export of oil products decreased 19.7% to $5.2 billion. The decrease in foreign exchange receipts was primarily due a decrease in the physical volume of exported oil products caused by the supply of substandard Russian oil to Belarus, scheduled repairs at the Belarusian oil refineries, and lower prices of oil products. End </p>
2020-06-23
Primepress
Belarus’ oil product export down 34.2% in Jan-Apr 2020 to 1.808m tonnes
MINSK, Jun 22 - PrimePress. Belarus reduced the export of oil products in January-April 2020 by 34.2% year on year to 1.808 million tonnes, the National Statistics Committee of Belarus (Belstat) reports.
In value terms, the export decreased in Jan-Apr 2020 by 38.3% yoy to $706.675 million.
The decrease in revenues was primarily due to the decline in the physical volumes of oil products export, as Belarus had no long-term contracts with traditional Russian oil suppliers in January-March 2020.
As reported, Belarus reduced the export of oil products in 2019 by 11.7% year on year to 10.5 million tonnes. In monetary terms, the export of oil products decreased 19.7% to $5.2 billion. The decrease in foreign exchange receipts was primarily due a decrease in the physical volume of exported oil products caused by the supply of substandard Russian oil to Belarus, scheduled repairs at the Belarusian oil refineries, and lower prices of oil products. End