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Economy

Belorusneft to set up consortium with Russian Zarubezhneft

24.05.2012
GOMEL, 24 May (BelTA) – Belorusneft corporation plans to set up a consortium with the Russian company Zarubezhneft, Belorusneft Director General Alexander Lyakhov said at an international research to practice conference in Rechitsa on 24 May. The conference was dedicated to ways to improve the exploitation of gas and oil deposits, BelTA has learned. The Director General said the consortium’s main goal will be the creation and assimilation of modern technologies to improve oil recovery. Belarusian and Russian scientists are now busy testing a thermal gas impact technology at the Vishanskoye deposit in Gomel Oblast. It is a new technology for Belarus. Specialists of the Russian company have worked out the feasibility study for the test and the feasibility study for raising oil recovery at Belarusian oil deposits using gas technologies: the pumping of nitrogen, carbon dioxide, and hydrocarbon gas. Using a Russian mobile steam generator for exploiting hard-to-recover high-viscosity oil can be a promising avenue of cooperation. The sides agreed that in 2012 the new equipment will be tested at Belarusian deposits after field test operations in Russia. The science to practice conference gathered over 80 delegations from Belarus, Russia, Ukraine, Kazakhstan, Italy, Poland, Hungary, and Norway. They represent well-known companies and research organizations, including LUKOIL, Rosneft, Zarubezhneft, RussNeft, Ukrneft, Drillmech, the Oil and Gas Research Institute of the Russian Academy of Sciences, and the Polish Oil Institute. The conference is supposed to analyze and summarize information about modern technologies designed to improve the recovery of oil from different-type deposits of hydrocarbon resources. Search for new oil deposits and ways to improve oil recovery are top priorities for Belorusneft. In conditions of the Single Economic Space the Belarusian company suggests uniting efforts of companies in Belarus, Russia, and Kazakhstan to improve oil recovery technologies. Moreover, the company is ready to take care of organizing an engineering organization involving enterprises of all the CIS states. Founded in 1966, Belorusneft corporation is part of the Belarusian state petrochemical concern Belneftekhim. The company searches for, prospects and develops oil deposits, drills wells, extracts oil and associated gas.
| 09.04.2014
GOMEL, 9 April (BelTA) – Gomselmash has plans to set up a trading house in Ukraine, BelTA learnt from head of the company’s marketing center Dmitry Mulyar. The decision was made at a session of the board of directors of Gomselmash. The new company will be called Trading House Gomselmash-Ukraine and will be located in Kyiv. The session approved the articles of incorporation and the amount of th...
| 09.04.2014
MINSK, 8 April (BelTA) – The Belarusian company OAO Mozyr Oil Refinery intends to increase the yield of light oil products up to 72%. The information was released by the company’s Deputy Director General for Raw Materials and Sales Vitaly Pavlov on 8 April at the international conference scheduled to take place in Minsk on 7-8 April to discuss oil processing and the export of oil products, BelTA h...
| 07.04.2014
MINSK, 4 April (BelTA) – As much as $1.7 billion will be invested in the modernization of Mozyr Oil Refinery, BelTA learned from Vladimir Sizov, Acting Deputy Chairman of the Board of the Belarusian petrochemical concern Belneftekhim, on 7 April. The information was released at the conference scheduled to take place in Minsk on 7-8 April to discuss oil processing and the export of Belarusian oil p...
| 25.03.2014
GOMEL, 24 March (BelTA) – OAO Belarusian Steel Works (BMZ trademark), the managing company of Belarusian Metallurgical Company and the German bank AKA-Ausfuhrkreditgesellschaft mbH (Frankfurt am Main, Germany) have signed a long-term agreement. In line with the agreement the German bank will lend €9 million to BMZ for implementing an environmental project, the company’s press service told BelTA. ...
| 21.03.2014
MINSK, 20 March (BelTA) – The Japanese company Kobe Steel has sent four reactors to OAO Mozyr Oil Refinery for building a plant for hydrocracking black oil fuel, BelTA learned from Anatoly Kupriyanov, Director General of the Belarusian company. According to the source, the reactors are expected to be delivered to Ukraine by sea in May. After that they will be transported along the Dnepr Ri...
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