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Economy

Belarus can export up to 6bn kWh of electricity to Ukraine per year
19 December, 13:55
The export of Belarusian electricity in 2019, according to Director General of the Belarusian national electric company Belenergo Pavel Drozd, will amount to about 2.35 billion kWh.
Pavel Drozd. Photo courtesy of Belenergo
Belarusian power grid to reduce natural gas consumption to 4bn m3 thanks to nuclear energy
19 December, 13:42
The executive said: “The country consumes about 20 billion m3 of natural gas on the whole while the power grid consumes 10 billion. Once the two units of the Belarusian nuclear power plant are commissioned, the amount of gas consumed by the power grid will drop to 4 billion.”
Mikhail Mikhadyuk. An archive photo
Belarus expects decision on Russian gas price by year-end
19 December, 13:12
Belarus' Energy Ministry hopes to have clarity on the price of Russian gas for Belarus before the end of 2019, Belarus' Deputy Energy Minister Mikhail Mikhadyuk told the media on 19 December.
Cooling towers of the Belarusian nuclear power plant. An archive photo
Energy Ministry eager to commission second unit of Belarusian nuclear power plant in 2021
19 December, 12:47
According to the source, there are plans to deliver nuclear fuel to the construction site in 2020 in addition to the physical launch and the power startup of the first unit of the nuclear power plant. The unit will then be connected to the power grid.
The Belarusian nuclear power plant. An archive photo
Belarusian nuclear power plant to get fuel in Q1 2020
19 December, 12:36
The official said: “You know, the delivery of nuclear fuel is not a panacea. We are virtually ready to receive it. We will bring it 1-1.5 months ahead of the physical launch to avoid the slowdown of work on the first unit. We will have nuclear fuel delivered in the first quarter of the year.”
Rumas, Medvedev discuss Belarus-Russia integration
19 December, 09:01
A telephone conversation took place between Belarus Prime Minister Sergei Rumas and Russian Premier Dmitry Medvedev on 18 December. The parties discussed the results of the talks between the heads of the working groups set up to develop proposals for further Belarus-Russia integration.
Plans to convert derelict railway bridge in Grodno into automobile one
18 December, 20:00
The railway bridge was built about 40 years ago upon the initiative of the Belarusian army as a backup structure. The railway line leading to the bridge was disassembled over ten years ago. The bridge was abandoned for some time until the decision to convert it into an automobile bridge was made.
Small business share in Minsk Oblast tax revenues at 40%
18 December, 19:11
The deputy head of the oblast administration said: “Last year small business contributed over 33% of the gross regional product. This year we expect the figure to reach 34.2%. On the whole, small business accounts for 40% of the tax revenues.”
VMG Industry in FEZ Mogilev to build boiler to burn wood chips, allay environmental fears
18 December, 18:48
The VMG Industry enterprise is a vertically integrated woodworking complex where wood goes all the way from a log to a finished product. The enterprise needs a boiler house in order to get rid of the byproducts the future expansion of the enterprise will generate.
EDB expects inflation to slow down in Belarus
18 December, 18:01
The Eurasian Development Bank (EDB) expects the inflation to slow down in Belarus, reads the EDB macroeconomic review for November 2019.
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