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Economy

| 02.09.2014
GOMEL, 1 September (BelTA) ? The industrial group Belorusneft has signed an agreement on the geologic exploration and development of an oil block in Ecuador, the company?s press service told BelTA. The agreement stipulates technical and economic conditions for the exploration and development of block No. 28. The agreement was signed in late August by representatives of the alliance that comprises Belorusneft, Petroamazonas (Ecuador), and ENAP (Chile) on one side and the Secretariat for Hydrocarbons of the Nonrenewable Natural Resources Ministry on the other side.
| 16.07.2014
GOMEL 15 July (BelTA) – A thermal gas impact technology will be assimilated as part of the Belarusian-Russian innovative project Visha-Termogaz to increase the effectiveness of the extraction of residual difficult oil by 37 percentage points, BelTA learned from Vladimir Goshkis, Chief Engineer of the Belarusian industrial group Belorusneft, on 15 July. Vladimir Goshkis took part in the ceremony to commission an air compressor station in the area of the Vishanskoye oil deposit in Oktyabrsky District, Gomel Oblast.
| 15.07.2014
MINSK, 15 July (BelTA) – OAO Gomselmash will be transformed into a holding company incorporating five other enterprises, BelTA learnt from the press service of the Belarusian government. The decision was formalized by Resolution No.670 signed by the Council of Ministers on 11 July 2014. The new holding company will consist of OAO Gomselmash and five other enterprises, including Gomel Foundry and Standards Works, Gomel Factory of Special Instruments and Technological Equipment, Combined Harvesters Research Center, Svetlogorsk Mechanical Engineering Plant and SP-Stroi.
| 01.07.2014
GOMEL, 30 June (BelTA) – The industrial group Belorusneft should put more efforts into prospecting the areas of OAO Oil Company Yangpur (Belorusneft's division in Western Siberia) for oil deposits. The conclusion was made by Belorusneft technical and economic specialists at the June conference, the company's press service told BelTA. It has been decided that the most promising structures of the Izvestinsky license area will have to be prospected.
| 20.06.2014
GOMEL, 19 June (BelTA) - The Gomel and Vinnitsa regions have good potential for development of cooperation in mechanical engineering and agriculture. This announcement was made at a meeting between Gomel Oblast senior officials and a delegation of the Ukrainian region in Gomel, BelTA learnt from the press service of the Gomel Oblast Executive Committee. First, the issues were discussed in a one-on-one between Gomel Oblast Governor Vladimir Dvornik and head of the Ukrainian delegation, First Deputy Head of the Vinnitsa Oblast Council Igor Krevsky.
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