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…
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…
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…
Azerbaijani state oil company SOCAR has commissioned a modern center for drilling waste management in Garadagh district of Baku. SOCAR President Rovnag Abdullayev, BP Regional President for Azerbaijan, Georgia and Turkey Gordon Birrell and representatives of SOCAR management took part in the opening ceremony. The total area of the center is 40 hectares with the…
Kazakhstan may start Kashagan oil export through Azerbaijan in 2017. “Next year if market conditions change, we may start Kashagan oil transshipment through Azerbaijan”, Kazakh Energy Minister Kanat Bozumbayev said. Kashagan oil may be transported by Azerbaijan’s railways or pumped through Azerbaijan’s pipelines, Kazakh minister said. Kashagan is a large oil and gas field in…
Belarus’ chemical company OAO Grodno Azot says its nitrogen fertilizer exports reduced by 22.8% YoY in January-July to 151,300 tons (in terms of 100% nitrogen), a source in the profile ministry reported. In money terms exports shrank by 42.3% YoY to $69.507 million. The experts attribute shrinking proceeds to the decline in fertilizer prices. Grodno…
Belarus’ proceeds from exports of domestic crude oil reduced by 32.3% YoY in January-July to $253.704 million, Belarus’ National Statistical Committee (Belstat) said in an official report. In January-July Belarus exported 945,900 tons of crude oil, up by 0.7% YoY. Belarus’ sole authority on oil exports is a state-controlled monopoly officially designated as Belorusneft. Germany…