Russia: gas export revenue down in H1 2016

Russia’s revenue from natural gas exports decreased by 31.6% YoY, $14.97 billion in January-June, the Federal Customs Service said. Russia exported 95.4 billion cubic meters of gas in January-June, up by 6.95% YoY. Exports to non-CIS countries rose by 14.6%, to 78.3 billion cubic meters, and exports to CIS countries went down by 18.27%, to…

Belarus: BelOil redirecting export flows

Belarus Petroleum Company (BelOil) has redirected part of its export routes from Ukrainian ports to Lithuania’s Klaipeda, a source in the profile ministry said. The redirection is connected with more favorable logistic conditions. Belarus Petroleum Company (BelOil) was founded in May 2007. The main shareholder is Belorusneft (52% of shares), with Naftan and Mozyr refineries…

Belarus: electrical power output down H1 2016

Electrical power output of Belarus’ power generating companies reduced by 2.8% YoY in January-June, to 16.6 billion kilowatt-hours (kWh), an official with the National Statistics Committee of Belarus (Belstat) reported. Thermal energy output in H1 2016 went up by 0.9% YoY, to 32.8 million gigacalories. (Prime-TASS/Business World Magazine)