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29 August 2022, 13:06

Uninterrupted operation of Belarusian state petrochemical concern Belneftekhim discussed

MINSK, 29 August (BelTA) – Uninterrupted operation of Belarusian petrochemical industry enterprises has been secured. The relevant matters were discussed as Belarus President Aleksandr Lukashenko met with Chairman of the Belarusian state petrochemical concern Belneftekhim Andrei Rybakov, BelTA has learned.

Aleksandr Lukashenko was primarily interested in the work of oil refineries. “What is the situation now in comparison to last year and the beginning of this year? How things are changing? Naturally, how are we going to secure performance targets?” the Belarusian leader wondered.

Continuing the line of thought, Aleksandr Lukashenko wondered about the state of affairs regarding the completion of modernization of two Belarusian oil refineries, whether there are problems and what their reasons might be.

On the whole, the head of state was interested in finding out how the country's petrochemical industry was adapting to Western sanctions. He said: “We keep talking about oil. Petrochemical industry, chemical products. How are the enterprises doing? There are not many of them but they are big and powerful. And most importantly: what is happening at these enterprises of ours? How are the sales and export?”

Aleksandr Lukashenko also drew attention to a considerable number of problems with import substitution. These problems concern Belneftekhim, too.

The advancement of integration cooperation was also mentioned. “The Union State program on forming a single territory on oil and natural gas. What is progress in this area?” Aleksandr Lukashenko wondered.

Andrei Rybakov told Aleksandr Lukashenko they had managed to ensure the uninterrupted operation of absolutely all the enterprises belonging to Belneftekhim. “We've secured the necessary volume of all the payments to the state budget. Payments for all the energy resources are made on time. Salaries are paid on time and in full. Real salaries across the concern in H1 2022 matched last year's level.”

After delivering his report to the head of state Andrei Rybakov shared additional details with the press. As for modernization, a delayed coking plant of the Belarusian oil refinery Naftan has been fully operational since January. Mozyr Oil Refinery is now going through startup and commissioning of its hydrocracking plant. A Belarusian nitrogen complex is busy modernizing existing manufacturing facilities. Everything proceeds according to plan and there are no essential problems.

The official noted that the domestic market is stable, well-supplied with all kinds of fuel, mineral fertilizers, and individual petrochemical products.

Work on integrating the markets of oil, oil products, and natural gas proceeds along two tracks: with Russia within the framework of the Union State of Belarus and Russia and in the G5 within the framework of the Eurasian Economic Union.

Andrei Rybakov went on saying: “If we talk about the Union State program, we have a specific timeframe and we are on schedule. The relevant agreement has been drafted. The Russian side and the Belarusian one are reviewing it now. We intend to address all the possible and impossible issues by the end of the year in order to put together a clean document by mid-2023. Similar work proceeds within the framework of the Eurasian Economic Union, too.”

“We have to put together an intergovernmental agreement by the middle of the next year. Equal conditions are not stipulated only by our program. They are stipulated by the tax program and can be found in other programs. This is why the adoption of all the programs [Belarus-Russia Union State programs] will allow accomplishing that,” the Belneftekhim head clarified.

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