Ðóñ | Áåë | Eng   Main | Feedback | Contacts | Site Map
 
 
THE ESSENTIAL
Energy industry investors promised taxation preferences in Belarus

In Belarus energy industry investors will be offered taxation preferences, First Vice Premier of Belarus Vladimir Semashko said at the IV international investment forum in Mogilev on October 9. In his words, the government has prepared two new energy industry bills meant to encourage investments into the industry. They grant taxation preferences for up to 7 years. Investors are expected to recoup their money within five years and use the remaining two years to develop their companies, said Vladimir Semashko.

 

PM WISHES TO SEE DOMESTIC COMPANIES TO APPLY ENERGY-SAVING PRACTICES IN 2-3 YEARS

In the next two or three years the companies of Belarus should be encouraged to shift to energy-saving practices, Prime Minister of Belarus Sergei Sidorsky said at a session of the Presidium of the Council of Ministers. The session focused on the measures to be taken in 2008 to implement the national comprehensive programme aimed at upgrading key assets of the Belarusian grid, energy saving and increasing the use of local fuels until 2011. “We have a unique opportunity to develop a new energy system of our companies. In the future the price for gas will increase up to $300. Energy resources will be getting more expensive – everybody understands it,” the Prime Minister said.

Today Belarus buys gas at lower prices than other neighboring countries. We need to take advantage of this opportunity to encourage domestic companies to use energy-saving practices. The task is to reduce energy inputs into production as much as possible, Sergei Sidorsky said.

Belarus plans to reduce GDP energy intensity by 8% in 2008, Valery Koreshkov, the Chairman of the State Standard Committee of Belarus stated at a session of the Council of Ministers’ Presidium on February 19.

Valery Koreshkov noted that the 2008 energy-saving and utilization of local fuels will help cut the GDP energy intensity by 8%. By 2010 the index is expected to be down by 31%. Branch-wise and regional programmes will help save 1 million 628 thousand tonnes of fuel equivalent countrywide.

At the same time, in January the projection on fuel usage was exceeded by 250 tonnes of fuel equivalent due to the weather conditions and lower import of electric energy, the country’s fuel excess consumption made up 250 tonnes of fuel equivalent in January 2008, Valery Koreshkov noted. According to him, the country will do its utmost to reach the planned indices.

Sergei Sidorsky criticized the work of the State Standard Committee for not reaching the energy-saving targets. He underlined that within the next two or three years Belarus needs to encourage the companies to apply energy-saving practices and the State Standard Committee is expected to play an important role in that. The companies need to reduce energy inputs into production of one unit of product. The companies will pay market prices for the excessive energy consumption, the Prime Minister underlined.

In 2008, Belarus is set to funnel $1,56 billion into modernisation of the energy system and energy saving, Energy Minister Alexander Ozerets said at a session of the Presidium of the Council of Ministers. The session focused on the measures to be taken in 2008 to implement the national comprehensive programme aimed at upgrading key assets of the Belarusian grid, energy saving and increasing the use of local fuels until 2011. The session was chaired by Prime Minister Sergei Sidorsky.

According to Alexander Oserets, the total financing of the programme will amount to $1,561-1,751 billion in 2008. $601 million will be put into modernisation of the energy system. Some $960 million-$1150 million will be funneled into energy-saving measures, including $260 million – into increasing the use of local fuels.

The Energy Minister said that in 2008 the 299WHt capacities will be sent in service at the Energy Ministry companies. The 98Mwt capacities will be put in operation at the companies of the Belneftekhim concern, Industry Ministry and other sectors

The country’s energy saving is expected to make up at least 1.4 million tonnes of fuel equipment in 2008. The use of local fuels will go up to reach 4.259 million tonnes of fuel equivalent.

Alexander Ozerets noted that in 2008 the companies of the Energy Ministry would complete five investment projects on construction of new generating capacities. Thus, by April the Lukoml state district power plant will finish the modernization of energy unit #2. The project will help save up to 15 thousand tonnes of fuel equivalent per year, or $1.8 million. In May Gomel CHP plant #2 will install a 4MW turbine expander. In August the Lida CHP plant will be fitted with a 25MW gas turbine. In October Minsk CHP plant #3 will complete the construction of a 230MW steam and gas power generating unit to save up to 150 thousand tonnes of fuel equivalent, or nearly $18 million. At the end of 2008 the boiler-house “Zhlobin” will be fitted with a 25MW gas piston equipment.

In 2008 the country will replace 174.8 kilometers of the heating network, construct and reconstruct 2.2 thousand kilometers of the transmission network. In 2008 the country will construct three new and reconstruct seven substations to provide new houses in Minsk with electricity.

PUBLICATIONS OF THE COUNCIL OF MINISTERS
  Respublika Newspaper

Belorusskaya Niva/Belarusian Cornfield Newspaper

Economy of Belarus/Economika Belarusi Magazine

Zvyazda Newspaper
 
INTERNET RESOURCES
  President of the Republic of Belarus

BELARUS.BY

The national legal Internet portal of the Republic of Belarus
 
© 2005-2008 Staff of the Council of Ministers of the Republic of Belarus
No part of this information may be reproduced in any form without reference
Information support from the Republican Unitary Enterprise Belarusian News Agency
 
 
NEWS
Regions reveal Belarus-Russia cooperation potential

On October 7, Deputy Prime Minister of Belarus Andrei Kobyakov and First Deputy Chairman of Government of the Russian Federation Igor Shuvalov met in the Brest oblast to discuss the issues of further development of the trade and economic relations between Belarus and Russia.

 
Belarus, Ukraine to set up joint ventures in engineering industry

In the near future Belarus and Ukraine intend to set up joint ventures in the engineering industry, First Deputy Prime Minister of Belarus Vladimir Semashko told reporters after the 15th session of the Belarus-Ukraine Intergovernmental Commission for Trade and Economic Cooperation in Kiev on October 7.

Meeting of the Council of Ministers of the Union State

Belarus and Russia should coordinate their efforts in the economic area in the conditions of the global financial crisis, Prime Minister of Belarus Sergei Sidorsky said as he met with Russian Premier Vladimir Putin in the run-up to the session of the Union State Council of Ministers.

 
Trade between Belarus and Ukraine to exceed $5bln in 2008

In 2008, the trade between Belarus and Ukraine will exceed $5 billion, First Deputy Prime Minister of Belarus Vladimir Semashko said. The First Vice Premier is the head of the Belarusian delegation at the 15th session of the Intergovernmental Belarusian-Ukrainian Commission for Trade and Economic Cooperation which is being held in Kiev on October 6-7.

 
Belarus is ready to carry out big projects with participation of European Bank for Reconstruction and Development

Belarus is ready to carry out big projects with the participation of the European Bank for Reconstruction and Development (EBRD), Belarusian Prime Minister Sergei Sidorsky noted during his meeting with Varel Freeman, the EBRD First Vice President.

Austrian capital participates in many key projects in Belarus

Many major projects in Belarus are implemented with the participation of Austrian capital and technologies, Deputy Prime Minister of Belarus Andrei Kobyakov said as he met with Johann Zaks, Director General for Foreign Trade Issues of the Federal Ministry of Economics and Labour of Austria, co-chairman of the Belarusian-Austrian committee on trade and economic cooperation in Minsk on October 2.

Biofuel to be produced in all regions of Belarus

Enterprises producing biofuel will be set up in all the regions of Belarus, Belarusian Prime Minister Sergei Sidorsky told reporters.

Belarus downs export oil duty October 1

On October 1, 2008, Belarus will down the crude oil export duty from $495.9 to $372.2 per tonne. The Council of Ministers issued relevant resolution No 1426 of September 27.

 
Belarusian business and expo centre to open in Kazakhstan

A multifunctional trade and logistics centre as well as administration and business and expo centres of the Republic of Belarus will open in Kazakhstan. Their opening was discussed at the fifth session of the Belarusian-Kazakh trade and economic cooperation commission in Astana. The Belarusian delegation was led by Deputy Prime Minister Ivan Bambiza, the Kazakh delegation — Emergencies Minister Vladimir Bozhko, the press service of the Foreign Ministry told BelTA.

NEWS ARCHIVE
SEARCH