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Belarus energy report

Belarus energy report
3 files (PDF report, 2 Excel files)
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This analysis includes a comprehensive Belarus energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 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. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.


  • Belarus aims to reach a share of 9% of renewables in the energy mix by 2035.
  • In its updated NDC, the country committed to reduce its GHG emissions by 35% below the 1990 level in 2030.
  • The energy sector is dominated by 3 monopolies: Belenergo for power, Belorusneft for oil, and Gazprom for natural gas.
  • Belarus imports most of its oil and gas from Russia at discounted prices.
  • Gas dominates the power mix (78%), followed by nuclear (14%).
  • Oil prices are amongst the lowest in the region. Prices have increased by around 8%/year since 2020.
  • Electricity prices fluctuate with the gas price.
  • Gas supplies 60% of the energy mix, followed by oil (26%). The residential sector absorbs 45% of the final energy consumption.
  • The country's second nuclear unit will be commissioned in 2023.
of renewables in the energy mix in 2035
of final energy used in the residential sector
reduction in GHG emissions by 2030
  • 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.

  • Energy Companies


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

  • Energy Supply


    Oil production is limited; it has remained roughly stable since 2012 at 1.8 Mt. Oil production is located in the Pripyat area in the southeast of the country. All crude oil supplies come from Russia.

    The country has two refineries, one in Mozyr (capacity of 240 kb/d) and one in Novopolotsk, operated by Naftan (222 kb/d). Belarus produced 17 Mt of oil products in 2021.

  • Energy Prices


    Electricity prices are set by the government. Since 2016, electricity prices for residential consumers in dollars increased on average by 7.5%/year to US$c8.4/kWh in 2021.


  • Energy Consumption

    Per capita energy consumption stands at 2.9 toe (2021), including approximately 3 700 kWh of electricity; such consumption levels are around half those for Russia.

    After a peak at 30 Mtoe in 2012, total energy consumption had a declining trend until 2020 but rebounded by 8% in 2021 to 27 Mtoe in 2021.


  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2021, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2021, %)
  • 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 (2021, %)
  • GRAPH 9: Final consumption market share by sector (2021, %)
  • Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
  • Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
  • Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

The Belarus energy market data since 1990 and up to is included in the Excel file accompanying the Belarus country report.
It showcases the historical evolution, allowing users to easily work with the data.

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).