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: November, 2016
Format: 2 files (PDF report, Excel file)
Pages: 27 (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 2014 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...

  • Energy Companies


    The state oil company, Belorusneft, has a monopoly on the production of oil. In 2013 Belorusneft, through its subsidiary Belorusneft-Siberia, purchased the Russian oil company Jangpur (US$82m), which operates 6 oil and gas fields in Siberia (Russia), in order to supply its oil...

  • Energy Supply


    Oil production is limited; it decreased by 6%/year between 2012 and 2015, to 1.6 Mt/year. Around 90% of oil supplies come from Russia.

    The country has two refineries, one in Mozyr (capacity of 240 000 bbl/d) and one in Novopolotsk, operated by Naftan (capacity of 222 000 bbl/d).


  • Energy Prices


    Oil prices are regulated. Gasoline and diesel prices increased in 2011 and 2012 from US$1.08/l in 2010 to US$1.22/l in 2012 and from US$0.86/l to US$1.08/l, respectively. They fell by around 28% in 2015 from US$1.06/l to US$0.76/l.

    Oil prices are the lowest in the region.


  • Energy Consumption

    Per capita energy consumption stands at 2.6 toe, including approximately 3 350 kWh of electricity.

    Gas represents the largest share of total energy consumption with 64%, followed by oil (27%). The gas is primarily used to supply the power plants.


  • Issues & Prospects


    The main goal of the state energy policy until 2020 is to introduce energy-efficient technologies and reduce the country's dependence on Russia.

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 (2015, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2015, %)
  • GRAPH 5: Map of natural gas infrastructure
  • GRAPH 6: Gasoline & diesel prices (US$/l)
  • GRAPH 7: Electricity prices for households (US$c/kWh)
  • GRAPH 8: Consumption trends by energy source (Mtoe)
  • GRAPH 9: Total consumption market share by energy (2015, %)
  • GRAPH 10: Final consumption market share by sector (2015, %)

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.

2014 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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