Energy Reports

Belarus energy report

Belarus energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Belarus energy market data.

Belarus energy report
Update: July, 2020
Format: 2 files (PDF report, Excel file)
Pages: 25 (Report only)
Delivery: Immediate by e-mail


Belarus energy market report offers an incisive and reliable overview of the energy sector in Belarus. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2018 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The Ministry of Energy (Minenergo) is in charge of the country's energy policy, including the security of supply.

    The Ministry of Natural Resources and Environmental Protection is in charge of regulating the power generation from renewable energy sources.

    The Ministry of Economy is responsible for approving energy tariffs for companies, while the Council of Ministers approves ...

  • Energy Companies


    Belenergo is the national vertically integrated electricity company, created in 1994. It is controlled by the Ministry of Energy.

  • Energy Supply


    Belarus is very poor in conventional energy resources. Gas and oil resources are very limited, with proven reserves estimated at around 33 Mt for oil and 0.5 bcm for gas (end-2018). Hydroelectric resources are around 1 TWh. However, Belarus contains large reserves of oil shales, estimated at 8.8 Gt, and its forests, which cover almost 40% of the territory, are to play a key role in the ...

  • Energy Prices


    Electricity prices are regulated. Electricity prices for residential consumers decreased significantly between 2007 and 2012, from US6.8c/kWh to US3.5c/kWh (-15%/year). In 2013 the Government decided to reduce subsidies for households and to introduce a three-stage payment system depending on consumer consumption. The price for households was multiplied by a factor of 2.4 between 2012 and ...

  • Energy Consumption

    Per capita energy consumption stands at 2.8 toe (2018), including approximately 3 400 kWh of electricity.

    Total energy consumption remained roughly stable between 2015 and 2017 (around 25 Mtoe) and rebounded in 2018 by 4% to reach 26.6 Mtoe.

    Gas represents the largest share of total energy consumption with 64% in 2018, followed by oil (27%). Around 70% of gas is used for power ...

  • Issues & Prospects

Download the Table of Contents

In the Belarus market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2018, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2018, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for households (US$c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2018, %)
  • GRAPH 9: Final consumption market share by sector (2018, %)

In the Belarus market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Belarus market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2018 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Belarus Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Belarus energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

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