Oil Sector News

Shebelinsky gas processing plant is ready to part of Belarusian oil products supplies of which are stopped

Domestic Shebelinsky GPP is ready to offer the market 15-20 thousand tons of light oil products.

The United States will return sanctions against oil-importing countries from Iran. Because of this, oil becomes more expensive

Oil futures are rising in price against the backdrop of an official statement by the State Department that the United States will not extend the exemption regime for Iranian oil buyers.

By the end of the year Belarus plans to start alternative to Russia oil imports

Belarusian Oil Company expects to create alternative to Russia oil imports through the ports of the Baltic States and Ukraine.

"Belorussians say neither yes nor no." Expert on the situation with the cessation of oil supplies from the Mozyr Oil Refinery

If Belarus provides specific information about the quality of oil entering the country in time, it will allow Ukrainian importers to change the sources of oil supply without any particular problems.

Belarus has restricted exports of petroleum products due to oil problems

Belarusian concern Belneftekhim limited the export of gasoline and diesel.

Russia imposes restrictions on oil exports to Ukraine

РФ также расширяет запрет на некоторые украинские товары.

Oil Sector Analytics

Oil transportation in the 1st quarter of 2019

In the 1st quarter of 2019 3.908 thousand tons of oil were transported by Ukrainian oil pipelines.

Cost of oil production in the world

Saudi Arabia, according to the total cost of one barrel of oil, is a global leader.

Ukraine LPG market structure in 2018

The import of liquefied natural gas in 2018 amounted to 1.42 million tons.

USA crude oil and fuel imports

US imported on average 7.248 million barrels of crude oil per day.