Belarus Petroleum Company (BelOil) has redirected part of its export routes from Ukrainian ports to Lithuania’s Klaipeda, a source in the profile ministry said.
The redirection is connected with more favorable logistic conditions.
Belarus Petroleum Company (BelOil) was founded in May 2007. The main shareholder is Belorusneft (52% of shares), with Naftan and Mozyr refineries each holding a stake of 24%.
The company has a subsidiary in Poland called BelOil Polska (founded in 2011). (Prime-TASS/Business World Magazine)