Belarus transfers export trade in oil products from Belneftekhim e-trading platform to BUTB on Nov 1

<p>   </p> <p> MINSK, Oct 22 - PrimePress. Belarus has opted to transfer export trade in all kinds of oil products except bitumen from the Unified Trading Platform (UTP) of the State Concern Belneftekhim to the electronic platform of the Belarusian Universal Commodity Exchange (BUCE) starting 1 Nov 2021, according to a message posted on the telegram channel belaruseconomy. </p> <p>   </p> <p> Export trade in bitumen will be conducted at the Unified Trading Platform (UTP) of the State Concern Belneftekhim only till 31 Dec 2021. </p> <p>   </p> <p> As previously reported, electronic auctions to sell unleaded AI-92-K5-Euro, AI-95-K5-Euro, AI-98-K5-Euro and AI-100-K5-Euro gasoline produced by Belarusian refineries were transferred from Belneftekhim’s the Unified Trading Platform (UTP) to the BUCE electronic platform on 6 Sep 2021. </p> <p>   </p> <p> The Belarusian Universal Commodity Exchange (BUCE) was established in 2004, the first trading session was held on June 2, 2005. As of July 1, 2021, 26,254 companies (including brokers’ customers), including 5.218 thousand non-residents, were accredited on the exchange. End </p> <p>   </p> <p> On 3 June 2021, the US Department of the Treasury renewed sanctions against nine Belarusian companies - Belneftekhim and its US subsidiary, Belshina, Grodno Azot, Grodno Khimvolokno, Lakokraska, Polotsk Fiberglass, Belarusian Oil Trading House and Naftan. The move to renew the effect of US sanctions came as a reply to the political events that followed the Aug 2020 presidential elections in Belarus. End </p> <p>   </p>

2021-10-23

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