Repairs at Naftan will worsen economic statistics in short term
The situation has not changed
Naftan oil refinery will undergo a planned overhaul from mid-August to mid-September 2014, i.e. two-thirds of the refinery will stop working.
The refinery last had a major overhaul in September-October 2011. A break in Naftan’s operations will imply reduced oil imports and oil products export, wholesale trade figures will be corrected downwards, the industrial production index in the Vitebsk region may drop below the August 2013 standard, leading to slower growth and GRP dynamics. However, the overhaul will have only short-term effects, and the Vitebsk region will improve its performance by as soon as October 2014.
You have been successfully subscribed
Subscribe to our newsletter
Once a week, in coordination with a group of prominent Belarusian analysts, we provide analytical commentaries on the most topical and relevant issues, including the behind-the-scenes processes occurring in Belarus. These commentaries are available in Belarusian, Russian, and English.
EN
BE/RU
Situation in Belarus
April 15 – April 21
Constitutional referendum: main consequences
April 12, 2022
Speakers: Anatoliy Lebedko, Andrei Kazakevich
Video
How to count the political prisoners: are the new criteria needed?
March 28, 2022
Speakers: Aleh Hulak, Aleh Aheyeu, Viachaslau Kasinierau
Video
Paternalism In Decline, Belarusian Euroscepticism, And The Influence Of Russia
October 11, 2021
Video
The USA has directed sanctions at the Belarusian military-industrial complex
April 15 – April 21
Belarus: “High-Risk Country”
April 8 – April 14
Human Rights in Belarus Remain a Focus of Western Attention
April 1 – April 7
The noose tightens: Poland and the Baltic States take initiative in combating sanctions evasion
March 25 – March 31
Security Forces Establish a System of Intense Surveillance Over Belarusians
April 15 – April 21
Co-aggressor or Peacemaker?
April 8 – April 14
Belarus Suspends CFE Treaty: Preparing for War?
April 1 – April 7
Playing with fire. The Kremlin and Minsk consider the possibility of using nuclear weapons
March 25 – March 31
Diplomatic Successes of Sviatlana Tsikhanouskaya: Asset for Democratic Forces and Investment in the Future?
April 15 – April 21
The Coordination Council Returns to the Agenda of the Democratic Movement
April 8 – April 14
The Coordination Council: A Toxic Asset or a Key Element of the Democratic Forces’ Architecture?
April 1 – April 7
“Hawks” of Democratic Forces: Blitzkrieg Narratives for Political Migrants
March 25 – March 31