Date: 3 months ago   Category: Energy

The government approved the development plan for a petrochemical complex till 2025 — Rambler News Service


The Government of the Russian Federation approved the plan of measures, "road map", on development of a petrochemical complex in Russia until 2025, the press service of the government reports. It is noted that the approved "road map" is directed to achievement of the goals of the "International Cooperation and Export" national project within which it is planned increases in volume of export of products of chemical industry, including products oil and gas processing, to $37 billion by the end of 2024. "" The Road map" includes 17 positions and provides a complex of actions for improvement of mechanisms of state regulation in the petrochemical industry" — it is said in the statement. Within the approved "road map" state support of export deliveries of domestic production of advanced processing, decrease in influence of infrastructure restrictions, stimulation of investment activities of producers of petrochemical products and also increase in efficiency of state regulation in the field of ecology, industrial safety and capital construction are planned. Besides, in "road map" also stabilization of tax conditions and customs and tariff regulation for a period of 15 years for the organizations which implement large petrochemical investment projects is provided favorable tax and customs preferences for start of the large-scale investment program. In the message it is specified that implementation of the plan will allow to create conditions for building by 2025 of the output of large-capacity polymers (on 5.9 million tons more, than in 2017), to increase a share net of export of polymers to 4.4 million tons and to raise a share of consumption of liquefied petroleum gases and ethane in a petrochemical complex.

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