Belarusian oil refineries are working out long-term development strategies until 2025, taking into account the oil market trends and forecasts. At present, the plant in Mozyr and the Naftan enterprise are undergoing a large-scale modernization, the main work on investment projects will be completed next year. Naftan envisages the possibility to redistribute production balance towards aromatic hydrocarbons in the future. As for the Mozyr plant, the most acceptable strategy is to focus on the production of high-quality engine fuel.