BELARUS NEWS AND ANALYSIS

DATE:

18/06/2010

Belarus To Spend $304 Million on Refinery Modernization

By the end of 2010, the Belarussian government plans to spend 920 billion Belarussian rubles (about 4304 million) on modernizing the country's refineries, Deputy Belarussian Prime Minister Sergey Sidorskiy said in Novopolotsk, BELTA reports.

Sidoarkiy said about 300 billion Belarussian rubles would come in the form of direct foreign investment. He noted that while the Naftan and Mozyr facilities currently produce products meeting European requirements, the difficult economic conditions prevailing in the world make it necessary to concentrate on increasing refining depth. From January to April 2010, over 300 billion Belarussian rubles was spent on improvements at the two sites. Sidorskiy said that the modernization program for this year would enable Mozyr to make 100 percent of its diesel output meet Euro-5 requirements.

Source:

http://www.oilandgaseurasia.com/news/p/0/news/7698

Search Belarus News and Analysis:

Latest News

Archive

Month, Year May, 2010April, 2010March, 2010February, 2010January, 2010December, 2009November, 2009October, 2009September, 2009August, 2009July, 2009June, 2009May, 2009April, 2009March, 2009February, 2009January, 2009December, 2008November, 2008October, 2008September, 2008August, 2008July, 2008June, 2008May, 2008April, 2008March, 2008February, 2008 January, 2008 December, 2007 November, 2007 October, 2007 September, 2007 August, 2007 July, 2007 June, 2007 May, 2007 April, 2007 March, 2007 February, 2007 January, 2007 December, 2006 November, 2006 October, 2006 September, 2006 August, 2006 July, 2006 June, 2006 May, 2006 April, 2006 March, 2006 February, 2006 January, 2006 December, 2005 November, 2005 October, 2005 September, 2005 August, 2005 July, 2005 June 2005 May 2005 April 2005 March 2005 February 2005

Subscribe Daily Newsletter:

Enter your Email


Powered by FeedBlitz

Belarus News and Analysis Donate: