Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
MINSK, July 24 /Xinhua/ — Belarus has 46 million tons of recoverable hydrocarbon reserves, of which 56 percent are hard to recover, Deputy Director General for Geology of the Belarusian state company Belorusneft Pyotr Povzhik said on Thursday. The relevant information was published by the online publication sb.by.
"The volume of hydrocarbon production in our region will only grow every year. In this regard, our task is to increase competencies, knowledge and technological breakthroughs, to acquire and implement the best world practices so that we can continue to improve the quality of development and increase the volume of extraction of hard-to-recover reserves," noted P. Povzhik.
In Belarus, in the first half of this year, the increase in the volume of oil produced compared to the 2024 level amounted to more than 4.5 percent. The task for 2025 is to exceed the oil production level of 2 million tons, which Belorusneft reached more than 30 years ago. By 2030, annual oil production is projected to increase to 2.3 million tons.
The production association “Belorusneft” was established in 1966. The enterprise conducts exploration, prospecting and development of oil fields, drilling wells, producing oil and associated petroleum gas in Belarus, and operates in the oil sector of other countries. –0–
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