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Belorusneft

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile4 entries

  1. 2022

    Ukraine blacklist designation

    Ukraine blacklisted Belorusneft in October 2022, extending the company's sanctions exposure to another major neighboring market.

  2. 2021

    European Union sanctions

    The European Union added Belorusneft to its sanctions list on 2 December 2021. Switzerland joined the corresponding sanctions on 20 December.

  3. 2021

    Belorusneft refutes contract-breach allegations in Ecuador

    Company response

    In April 2021, Belorusneft stated that it honors its contractual commitments in Ecuador and disputed media reports about its operations there. The company's statement was a response to allegations of contract breach in the country. Belorusneft said it fully performs its contractual obligations in Ecuador and denied that the media reports about its local operations were accurate. The company did not provide further details in the statement as summarized.

    Belorusneft said it honors its contractual commitments in Ecuador and disputed media reports about its operations there.

    Company response

    • Denial — Belorusneft

      Belorusneft honors its contractual commitments in Ecuador in full

    Source excerpt

    • The Belarusian industrial group Belorusneft honors its contractual commitments in Ecuador in full, Belorusneft's representatives told BelTA.
    • According to the source, recent mass media reports about the company's operation in Ecuador do not reflect the reality.
  4. 2011

    United States sanctions over Iran-related business

    The United States Department of State sanctioned Belorusneft because of business dealings with Iran. The measure became a significant part of the company's international regulatory history.