Belarus’ oil products export down 19.4% in 2020 to 8.487m tonnes
<p> MINSK, Feb 15 - PrimePress. Belarus reduced the export of oil products in 2020 by 19.4% year on year to 8.487 million tonnes, the National Statistics Committee of Belarus (Belstat) reports. </p> <p> </p> <p> In value terms, the export decreased in 2020 by 47.2% y/y to $2.747 billion. </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> The average export price of Belarusian oil products in 2020 stood at $323.768 per tonne, down 34.5% year on year. </p> <p> </p> <p> As previously reported, Belarus reduced the export of oil products in 2019 by 11.7% year on year to 10.5 million tonnes. The import of oil from Russia thus only fell by 1.4% to 17.998 million tonnes. In monetary terms, the export of oil products decreased 19.7% to $5.2 billion. End </p>
2021-02-16
Primepress
Belarus’ oil products export down 19.4% in 2020 to 8.487m tonnes
MINSK, Feb 15 - PrimePress. Belarus reduced the export of oil products in 2020 by 19.4% year on year to 8.487 million tonnes, the National Statistics Committee of Belarus (Belstat) reports.
In value terms, the export decreased in 2020 by 47.2% y/y to $2.747 billion.
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.
The average export price of Belarusian oil products in 2020 stood at $323.768 per tonne, down 34.5% year on year.
As previously reported, Belarus reduced the export of oil products in 2019 by 11.7% year on year to 10.5 million tonnes. The import of oil from Russia thus only fell by 1.4% to 17.998 million tonnes. In monetary terms, the export of oil products decreased 19.7% to $5.2 billion. End