Belarus’ proceeds from exports of petroleum products to Poland grew 3.36 times YoY in January-July to $129 million, a source in the profile ministry reported.
Belarus exported 367,216 tons of petroleum products to Poland in January-July, up 5.43 times YoY.
Belarus exported 151,080 tons of petroleum products to Poland in 2015 (up 2.57 times YoY) worth $76.4 million (down by 28%).
Belarusian petroleum products are shipped to Poland via BelOil Polska, which also sells Belarusian diesel fuel and liquefied natural gas on the Polish market.
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, which is called BelOil Polska (founded in 2011). (Prime-TASS/Business World Magazine)