Gazprom Export, the export arm of Russian gas giant Gazprom, plans to raise its share on the European gas market by 2-5% to 33% in 2016, Bloomberg reported citing the company’s representative Valery Nemov. In 2015, Gazprom supplied 158.6 billion cubic meters of gas to Europe having increased its market share to 31%. Gazprom CEO…Details
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Corn harvesting in Russia is gaining pace. This grain harvest has been gathered from about 20% of the intended area, but it is already clear now that Russian corn production will be record high. The starting yields pleased producers. Moreover, as harvesting proceeds, corn productivity increases. Given the expansion of corn acreage in the country…Details
On September 23, BelAZ heavy-duty truck manufacturer launched its newly-built trimming and acceptance shop supplied by Italy’s IMEL S.p.a., a BelAZ representative reported. The total value of the project stands at $17.8 million. The 3,800-square-metre facility is intended for painting parts and aggregates of dump trucks with 30-450 ton cargo capacity. The Belarusian Automobile Plant…Details
The state-owned OAO Belaruskali produced 3.799 million tons of potash fertilizers (in terms of 100% potassium chloride) in January-August, down by 17.3% YoY, Belarus’ National Statistical Committee (Belstat) said in an official report. In August alone Belaruskali’s potash fertilizer output increased by 3.7% YoY, to 622,800 tons. Belaruskali’s potash fertilizer inventories stood at 87,800 tons…Details
Belarus’ proceeds from potash exports fell by 38.9% YoY in January-July to $1.057 billion, Belarus’ National Statistics Committee (Belstat) said in an official report. Potash export proceeds reduced as a result of a 21.4% decrease in the physical volume of Belarusian potash supplies to 2.784 million tons (in terms of 100% potassium chloride). As previously…Details
Belarus’ proceeds from oil product exports reduced by 36.1% YoY in January-July to $2.766 billion, a government source reported. In physical terms, Belarus’ oil product exports reduced by 4.6% YoY to 9.667 million tons. The decline in proceeds from oil product exports results in the first place from the plunge in global prices of oil…Details
Belarus’ farm output grew by 2.2% YoY in January-August to 8.4 billion Belarusian rubles ($4.347 billion at the official exchange rate), a source in the National Statistics Committee (Belstat) reported. Sales of fattened cattle and poultry grew by 3.1% YoY in to 1.055 million tons; milk output grew by 0.9% to 4.14 million tons, and…Details