Belarusian Oil Company (BelOil) intends to double the export of diesel fuel to in 2009, BelOil Deputy Director General Nikolai Vasilevich said as he presented the company at the National Exhibition of the Republic of Belarus in Warsaw on June 25. 

He noted that Euro-5 diesel fuel produced in is in great demand in . Belarusian Oil Company also exports gas fuel to the Polish market. In 2008, the amount of diesel fuel supplied to made up 111,000 tonnes. “In 2009 we plan to export over 200,000 tonnes,” Nikolai Vasilevich said. 

In his words, BelOil set up an office in Warsaw to facilitate the sales of the company’s products and establish direct contacts with Polish consumers. 

As the transportation cost of diesel fuel is rather high, a transshipment complex Bernady-Priluki is being constructed. From the Belarusian side the project is run by Belorusneft which has already completed preparation works. “I hope that this project will help pull down Euro-5 diesel fuel transportation cost to ,” Nikolai Vasilevich said. He added that the company consolidated the export of Belarusian oil products to increase it incrementally. In 2009, BelOil intends to export about 6.5 million tonnes of oil products. 

The Belarusian Oil Company was registered in the Republic of Belarus on May 17, 2007. The shareholders are Belorusneft, OAO Naftan, Mozyr Oil Refinery, and the Belarusian Oil Trading House. The Belarusian Oil Company was founded following the President’s instruction to optimise oil purchases and the export of petroleum products. The Belarusian Oil Company is supposed to specialise in bulk purchases of oil, oil processing at Belarusian oil refineries and exporting petroleum products. The Belarusian Oil Company held the first trading session in petroleum products using Belneftekhim’s e-trade system on June 29.

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