Thanks to modernization Belarusian oil refineries to stay competitive in conditions of world oil prices

Thanks to modernization Belarusian oil refineries intend to stay competitive in conditions of world oil prices, which Belarus will have to pay once the campaign to adjust the taxation of the Russian oil industry is over. The modernization of Mozyr Oil Refinery and Naftan is estimated at $2.5 billion. It will allow increasing the oil conversion ratio in addition to bolstering the country’s overall oil processing effectiveness.