MINSK, 25 May (BelTA) – Belneftekhim Concern is looking forward to practical implementation of the EAEU oil agreements, head of Belneftekhim Concern Igor Lyashenko said in an interview with BelTA.
“We are looking forward to practical implementation of the agreements and elaboration of clear-cut regulations governing the provision of our country with gas and oil and a clear price formula. This is important for us. This is the basis of economics: to understand quantity and cost of raw materials,” Igor Lyashenko said.
With regard to sales strategy and export prospects, Belneftekhim's chemical companies hold no more than 1% of the world market. Therefore the prevailing strategy is to raise profitability. One of the ways to do it is to maximize our presence in high-yield markets. We are not leaving the markets which shrank temporarily but will be back on track in the future. We will apply the concept of presence on the market. In other words, we are not leaving completely but are present on them nominally,” he noted.
Thus, Belneftekhim is pursuing a strategy of maximizing profits through maximum presence on high-yield markets. These are different markets for different products. For example, in terms of oil products, Belneftekhim has a traditional interest in the Ukrainian market; in terms of chemical fibers, the market of Russia is interesting in many respects.
