KyivPost

Belarus increases imports of petroleum products 230%

Print version
Aug. 20, 2012, 4:13 p.m. | Russia and former Soviet Union — by Interfax-Ukraine

Belarus imported 6.5275 million tonnes of petroleum products in January-June 2012, up 230% year-on-year, the Belarusian National Statistics Committee (Belstat) said in its materials.
© AP

MINSK - Belarus imported 6.5275 million tonnes of petroleum products in January-June 2012, up 230% year-on-year, the Belarusian National Statistics Committee (Belstat) said in its materials.

Belstat said that almost all petroleum imports to Belarus came from CIS countries (6.513 million tonnes, including Russia - 6.509 million tonnes (up 240%).

The average contract price for petroleum products went down by 7.5% to $591 per tonne in January-June 2012.

According to Belstat's materials, Belarus exported 9.81 million tonnes of petroleum products in January-June 2012, up 40.2% year-on-year. For instance, exports to CIS countries totaled 2.331 million tonnes of petroleum products (up 80%). Exports to non-CIS countries grew by 30.5% to 7.4787 million tonnes.

In the first half, Belarus imported 11.2298 million tonnes of crude oil (up 19.1%). At the same time, practically all crude imports came from Russia, which imported 10.8995 million tonnes (up 27.6%). Oil supply from Venezuela decreased by 62.6% to 330,300 tonnes.

Average contract prices for oil imports in the first half came to $404 per tonne, down 16.8% year-on-year.

The country exported 821,000 tonnes of domestic crude production in the first half (down 1.4%). At the same time, the average contract price for exports rose by 0.4% to $790 per tonne. All Belarusian crude exports went to non-CIS countries.

Belarus also imported 10.4 billion cubic meters of gas (down 1.2%) in January-June. The average contract price for import came to $168 per 1,000 cubic meters (down 28.8%). All gas imports came from Russia.

The country also imported 3.775 billion KW hours of electricity (up 56.9%). All imports came from CIS countries, Ukraine and Russia. The average contract price for export rose by 2.5% to $63 per 1,000 KW hours.

Belstat also said that exports of energy products in value terms came to $9.2216 billion in the first half, up 44.6%. At the same time, imports of energy products went up by 22.3% to $10.459 billion. Belarus' foreign trade with energy products posted a deficit of $1.238 billion for the first half of this year compared to the deficit of $2.2 billion for the same period of 2011.

The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.
comments powered by Disqus

KyivPost

© 1995–2014 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.