29 March 2024, Friday, 18:58
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Mozyr Oil Refinery: We Have Been Working At Loss From Beginning Of Year

Mozyr Oil Refinery: We Have Been Working At Loss From Beginning Of Year

At that, the refinery does not know how the tax maneuver in Russia will affect the processing of oil.

Lost revenues are reported at the Mozyr Oil Refinery on the results of its work in January-September, BelTA learned from Acting Deputy Director General of the Mozyr refinery Aleh Pratasau/b<>.

"We expect losses following the results of the first nine months. The main reason is the rise in oil quotations, changing of the Belarusian ruble exchange rate and an insufficient level of prices at the petrol station when offtaking petroleum products," – Aleh Pratasau said.

Responding to questions about the consequences of tax maneuvers in Russia, the refinery representative noted that the enterprise will have to operate in the face of higher oil prices.

The refinery representative found it difficult to assess how significantly the tax maneuvers in Russia will affect the margins of oil refining at the enterprise.

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