Member states of the Eurasian Economic Union (EEU – Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan) plan to launch a single market of medical goods and medications in 2016, Anton Azarov of the Eurasian Economic Commission’s Department for Integration and Development said in a statement. According to him the EEU is due to launch a single market…
ZAO Belarusian Oil Company (BelOil) – a designated exporter of Belarusian petroleum products – is determined to promote direct shipments of petroleum products to the end customer as opposed to shipments via seaports, a source in the profile ministry said. BelOil’s strategy is to sell a maximum of its products on high-premium markets of the…
Belarusian oil refineries produced 2.403 million tons of petrol in January-July, down by 3.6% YoY, Belstat reported. In July alone petrol output dropped by 29.3% YoY to 238,300 tons. In January-July Belarusian refineries produced 4.622 million tons of diesel fuel (including biodiesel), down by 5%. In July alone they produced 511,700 tons of diesel fuel,…
Two Soligorsk-based companies: Belaruskali and Shakhspetsstroi – have started mining potash ore at the Garlyk mining and processing factory in Turkmenistan, a Belaruskali official said. The general contractor for the Garlyk ore-mining project is OAO Belgorkhimprom (based in Minsk), which is supposed to launch the ore dressing factory in March 2017. (Prime-TASS/Business World Magazine)
The Belarusian artificial yarn manufacturer SvetlogorskKhimvolokno and the Hungarian retail chain Maxi Foods have signed a cooperation agreement. The document was signed during the presentation of the Belarusian economy at the international agriculture and food expo AGRA in the city of Gornja Radgona, Slovenia, the representatives of the Belarusian expo organization company BelInterExpo informed. Negotiations…
China’s imports of Russian oil contracted by 14% YoY to 3.23 million tons in July, Bloomberg reported quoting the Chinese customs as saying. Angola, Saudi Arabia and Russia remained the three top exporters to China in July. Angola’s exports rose by 23% YoY to 4.72 million tons, while Saudi Arabian oil exports fell by 4.2%…
Belarusian Potash Company (BPC) shipped 729,454 tons of potash fertilizers to Brazil in January-June, up by 32% YoY. Potash export proceeds from Brazil-bound shipments dropped by 15% YoY to $268.8 million. Founded in September 2013, Belarus Potash Company has regional dealerships in Delhi, Beijing, Singapore and Sao Paulo. BPC facilitates potash exports to Europe, India,…