MINSK, 22 July (BelTA) – The export of Belarus' oil industry concern Belneftekhim has shrunk by $800 million year-on-year because of the tainted Russian oil, Belarusian Economy Minister Dmitry Krutoi told the Belarus 1 TV channel, BelTA has learned.
“Due to the objective factor – the tainted oil – we had to process part of our own oil at our refineries. The supplies were limited. If we look at the export statistics of Belneftekhim, we will see that we have minus $800 million compared with a year before. Of course, it was very hard to make up for this loss using other sectors,” Dmitry Krutoi said.
BelTA reported earlier that on 19 April Belneftekhim registered a massive decrease in the quality of the Russian oil mixture Urals coming via the oil pipeline system Druzhba. The concentration of chlororganic compounds in oil exceeded standard thresholds dozens of times over. Both Belarusian oil refineries – OAO Naftan and Mozyr Oil Refinery – were forced to reduce their workload and suffered financial losses. Oil meeting all quality standards reached the Belarusian border on 2 May.More about Economy