Belorusneft plans to shorten preparation cycles of oil and gas well construction to 12 months from 20
<p> MINSK, Oct 25 - PrimePress. Belarus’ state-owned production association Belorusneft (Rechitsa, Gomel Oblast) is planning to shorten the preparatory cycles for oil and gas well construction to 12 months from 20 months, said Belorusneft Vice CEO Andrey Kotik. </p> <p> </p> <p> Relevant changes have been made to Belarus’ legislation to reduce pre-investment and invest cycles in the process of constructing oil and gas wells from 20 to 12 months, the corporate newspaper Neftianik (Oil Worker) reports citing Kotik as saying. </p> <p> </p> <p> Belorusneft has discovered 93 oilfields in Belarus over its 55 years of operation and is developing another 64 oilfields and 135 deposits. In 2021, Belorusneft plans to increase oil production in Belarus by 1.16% to 1.73 million tonnes. </p> <p> </p> <p> Belorusneft was founded in 1966. The company specializes in exploration works, oil extraction, gas processing, and offers a wide range of seismic exploration operations. </p> <p> Belorusneft provides oil extraction services in Russia, Ukraine, Venezuela and Ecuador, facilitates crude supplies to the Belarusian oil refineries (Mozyr Oil Refinery, Gomel Oblast, and Naftan OJSC, Novopolotsk, Vitebsk Oblast) on a give-and-take basis. Belorusneft sells oil products through its own chain of refilling stations and trading companies, and is engaged in the oil product export. End </p>
2021-10-26
Primepress
Belorusneft plans to shorten preparation cycles of oil and gas well construction to 12 months from 20
MINSK, Oct 25 - PrimePress. Belarus’ state-owned production association Belorusneft (Rechitsa, Gomel Oblast) is planning to shorten the preparatory cycles for oil and gas well construction to 12 months from 20 months, said Belorusneft Vice CEO Andrey Kotik.
Relevant changes have been made to Belarus’ legislation to reduce pre-investment and invest cycles in the process of constructing oil and gas wells from 20 to 12 months, the corporate newspaper Neftianik (Oil Worker) reports citing Kotik as saying.
Belorusneft has discovered 93 oilfields in Belarus over its 55 years of operation and is developing another 64 oilfields and 135 deposits. In 2021, Belorusneft plans to increase oil production in Belarus by 1.16% to 1.73 million tonnes.
Belorusneft was founded in 1966. The company specializes in exploration works, oil extraction, gas processing, and offers a wide range of seismic exploration operations.
Belorusneft provides oil extraction services in Russia, Ukraine, Venezuela and Ecuador, facilitates crude supplies to the Belarusian oil refineries (Mozyr Oil Refinery, Gomel Oblast, and Naftan OJSC, Novopolotsk, Vitebsk Oblast) on a give-and-take basis. Belorusneft sells oil products through its own chain of refilling stations and trading companies, and is engaged in the oil product export. End