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Lidings represents Belorusneft in Russia

The Republican Unitary Enterprise Production Association Belorusneft, a leading oil enterprise in the Republic of Belarus, has chosen Lidings to represent it in Russia. Lidings will advise the energy giant on corporate and tax matters and ensure protection of its assets during implementation of investment projects.

"Scientific studies of the energy markets and the inter-state cooperation in the energy sector between the former Soviet Union members indicate a growing interest in the implementation of joint projects. Commodities are essential for most members of the EuroAsian Economic Community, and this will undoubtedly have a positive effect on the development of their relations with Russia", commented Lidings’ partner Stepan Guzey. “Lidings offers comprehensive legal support on a wide range of aspects related to legislative regulation in the energy sector. We advise industry leaders: companies involved in transformation, distribution, and consumption of energy and natural resources of all kinds as well as major refineries and chemical producers. We are glad to be chosen to represent Belorusneft, and hope this becomes the first step in a long and fruitful relationship taking into account our client’s strategic plan to expand its presence in Russia”, he added.

Belorusneft’s major activity lines are oil and gas production, oil service, hydrocarbon raw materials refining, production science, mechanical engineering, sales of the oil and gas processing products in domestic market and elsewhere. The Production Association Belorusneft includes the Gas Processing Plant, Oil Research and Development Institute and a wide range of high-tech service subdivisions. It possesses the largest national tank battery and motor transport fleet, and owns over 60 % of the petrol station facilities of the Republic of Belarus. Headquartered in Gomel and represented in Minsk, Moscow, Venezuela, and Iran Belorusneft currently employs over 24 thousand of staff.

For more information on Lidings expertise in advising the energy sector please see the firm’s website.

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