Development of petrochemical industry in Belarus for 10 years discussed in Council of Ministers

The Council of Ministers discussed the development of the petrochemical industry in Belarus for 10 years. Among the priorities are meeting the needs of the republic in high-quality hydrocarbons and deep processing of the product. To this end, Naftan is being redesigned for the production of high-tech plastics with high added value. New equipment for these purposes is planned to be commissioned in 6 years.

Oil workers continue to search for new deposits. 3 most promising areas for seismic exploration have been identified - Valavsky, Yelsky and Radomlyansky. According to experts' forecasts, the recoverable reserves of these fields are more than 14 million tons of hydrocarbons. Belorusneft will keep oil production in the country at the level of one and seven million tons per year.