Business news from Ukraine

Business news from Ukraine

BELARUS PLANS TO DOUBLE ELECTRICITY EXPORT, UKRAINE IS PREMIUM MARKET

28 November , 2019  

Belarus will export about 2 billion kWh of electricity in 2019, which is almost two times more than in 2018, Deputy Minister of Energy of Belarus Vadim Zakrevsky told reporters in Minsk on Wednesday. “According to the results of the year, the total volume of electricity export can reach 2 billion kWh. In the past, it was about 1 billion kWh. Export could theoretically grow up to 4 billion kWh,” Zakrevsky said.
According to him, this year electricity is exported to the Baltic countries and Ukraine. At the same time, the deputy minister said that Ukraine is a premium market for Belarus in comparison with the Baltic. “The advantage of the benefits in supplying electricity to Ukraine compared to the Baltic is enormous. It is 80 to 20. Now there is such a price for Belarusian energy that it is beneficial for Ukrainians. Belarus does not dump and sells with profit,” the deputy minister said.

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