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30 August 2022, 19:03

Belorusneft to up oil extraction by 70,000t this year

GOMEL, 30 August (BelTA) – There are plans to extract 1.8 million tonnes of oil in 2022, 70,000 tonnes up from 2021, BelTA learned from Sergei Lasitsa, head of the oil and gas extracting enterprise Rechitsaneft of the Belarusian industrial group Belorusneft.

About 195-200 million m3 of associated gas can be extracted as well.

According to Sergei Lasitsa, oil extraction volumes have been gradually climbing for the last six years. Extraction continues without interruptions and produces virtually no waste.

There are 93 deposits of oil and gas well condensate in Belarus. All of them are located within the Pripyat Trough. As many as 60 oil deposits are now under development. Belarusian oil industry workers actively use modern technologies, which allow extracting so-called hard-to-recover reserves. By the way, most of the hydrocarbon deposits in Belarus are hard to recover.

The Belarusian industrial group Belorusneft was founded in 1966. The company specializes in exploration, prospecting, and development of oil fields, well drilling, extraction of oil and associated petroleum gas. Belorusneft also offers oil industry services in other countries.

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