Liquefied gas exports by Belarus’ state oil and gas production monopoly Belorusneft edged down by 30.5% YoY in January-June to $73.7 million, a source in the profile ministry reported.
Belorusneft runs a special facility, which produces liquefied gas.
Belarus decreased liquefied gas export by 11.4% in January-June to 2,988,300 tons. Export proceeds decreased exclusively due to the drop in export prices of liquefied gas, the official said.
The average export price of liquefied gas supplied by Belarus stood at $388 per ton in H1 2016, down by 21.5% YoY.
As previously reported, Belarus’ liquefied gas exports fell by 50.1% YoY in 2015 to $196.538 million. Belarus increased liquefied gas export by 3.5% in 2015 to 578,000 tons.
Belarus’ liquefied gas products are exported to 14 states. In 2015 the major destinations were Poland (20%) and Ukraine (20%).
Belorusneft was founded in 1964. The company specializes in exploration work, oil extraction, gas processing and offers a wide range of seismic exploration operations.
Belorusneft runs a gas-processing factory, a research institute and service facilities. Belorusneft also owns over 60% of gas filling stations in Belarus. (Prime-TASS/Business World Magazine)