Belarus’ oil reserves expected to rise by 0.5m tonnes every year

18.05.2016

Belarus’ oil reserves are expected to rise by 0.5 million tonnes ever year. The information was released by Belarusian Natural Resources and Environmental Protection Minister Andrei Kovkhuto after the joint session of the boards of the Belarusian Natural Resources and Environmental Protection Ministry and the Russian Natural Resources and Environment Ministry in Moscow on 17 May, BelTA has learned.

Andrei Kovkhuto said that at present Belarus’ perspective proven oil reserves stand at 39 million tonnes.

The Natural Resources and Environmental Protection Minister said that the reserves of basalt, potash salt, construction materials, and building stones, which are actively used not only in Belarus, but are exported to Russia as well, are expected to grow, too.

Cooperation between the Belarusian Natural Resources and Environmental Protection Ministry and the Russian Natural Resources and Environment Ministry in geology and subsurface resources management was also on the agenda of the session.

Tags: oil

NEWSWIRE

17.07.2024

Belarus, Russia’s Rosatom plan to develop eco-friendly pesticide extraction technology

02.07.2024

Minister: Lukashenko’s decisions helped ensure effective performance of energy sector

27.06.2024

Chebotar: Economies of Belarus and Russia complement each other instead of competing with each other

21.06.2024

Good prospects for cooperation between Belarus, Russia’s Republic of Chuvashia in electric transport

19.06.2024

Protocol to agreement on parallel operation of Belarusian, Russian power grids ratified