Updated at 18:27,12-11-2024

Belarus lifts ban on export of petroleum products

Euroradio

Belarus lifts ban on export of petroleum products
Belnaftachim CEO Andrei Rybakou / BELTA​
Belarus has lifted the suspension on the export of petroleum products, Chairman of state-owned petrochemical monopoly Belnaftachim Andrei Rybakou told reporters on 21 January.

"It was a short pause. The suspension has been lifted. For the time being, we have yet not yet reached the export volumes envisaged in the business plan. But the export itself is not under the ban," state news agency BELTA reports quoting Mr Rybakou as saying.

Belarus suspended the export of petroleum products on 3 January to meet the demand from the domestic market after Russia halted oil supplies from 1 January.



Minsk and Moscow had failed to agree on the new terms for oil supplies in 2020.

The suspension on the export of petroleum products was effective for less than three weeks.

Mr Rybakou also said that Belarus will soon receive oil from alternative sources, adding that the contracts were almost ready. He declined to name the countries from which oil was to be supplied.