Investors are looking for investors in Belarus for a quartz sand deposit and oil prospect

The Ministry of Natural Resources and Environmental Protection of the Republic of Belarus on March 21, 2020 announced tenders for the selection of investors for concluding concession agreements with them on two facilities. This was reported in the press service of the Ministry of Natural Resources.

Competitions are held for the oil-prospective section of Poznyakevichskaya square in the Yelsky district of the Gomel region and the quartz sand deposit Gorodnoye (Eastern part) in the Stolin district of the Brest region. Objects are granted in concession for 60 months from the date of conclusion of the contract. Legal entities, including foreign and international ones, meeting the requirements of the Law on Concessions, are allowed to participate in the competition.

Acceptance of applications and documents for participation ends May 22 at 15.00. Competitions are scheduled for June 25th.

Source: https://www.belta.by/