Belarus reduces diesel fuel supplies to Ukraine in Jan-May by 29% to 603,000 tonnes

<p> MINSK, Jun 23 - PrimePress. State oil exporter Belarusian Oil Company CJSC (BelOil) reduced diesel fuel supplies to Ukraine in January-May 2020 by 29% year on year to 603,000 tonnes, says Ukrainian Consulting Group A-95. </p> <p>   </p> <p> Diesel fuel is the major item in Belarus’ exports of oil products to Ukraine. Supplies in 2020 decreased because the Belarusian refineries (Mozyr Oil Refinery OJSC, Gomel Oblast, and Naftan OJSC, Novopolotsk, Vitebsk Oblast) significantly reduced the processing of oil in the first half of the year due to a reduction in Russian oil supplies. </p> <p>   </p> <p> The Ukrainian diesel fuel market showed 3.4% year-on-year growth in January-May 2020 to 2.71 million tonnes. The import of diesel fuel into Ukraine increased in January-May 2020 by 0.5% year on year to 2.32 million tonnes. </p> <p>   </p> <p> In 2019, the average monthly supply of Belarusian diesel fuel to Ukraine exceeded 200,000 tonnes (300,000 during the peak season of August-September). The average monthly supply of Belarusian diesel fuel to Ukraine was expected at 250,000 tonnes in 2020. </p> <p>   </p> <p> The Belarusian Oil Company CJSC was established in May 2007. Belorusneft owns a 52% stake in the company, Naftan OJSC and Mozyr Oil Refinery OJSC own 24% each. BelOil exports oil products produced by its shareholders, and purchases and refines oil at the Belarusian refineries, having subsidiaries in Poland, Latvia, Great Britain, the Russian Federation and Ukraine. End </p>

2020-06-24

Primepress