The Ministry of Energy of Russia signed investment agreements with ZapSibNeftekhim LLC, Nizhnekamskneftekhim PJSC and Kazanorgsintez PJSC
30.01.2022
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The Ministry of Energy of Russia signed investment agreements on the creation of new petrochemical facilities with three enterprises of PJSC "SIBUR Holding" - LLC "ZapSibNeftekhim", PJSC "Nizhnekamskneftekhim" and PJSC "Kazanorgsintez". As part of the agreements, petrochemical enterprises are planning to commission and reconstruct a number of process units related to the production of petrochemical goods.
To conclude investment agreements aimed at developing petrochemical production in Russia, in October 2020, amendments were made to the Tax Code of the Russian Federation in terms of introducing a reverse excise tax on ethane, liquefied hydrocarbon gases and an investment coefficient used when determining the amount of the reverse excise tax on petroleum feedstocks.
The commissioning of new capacities at the company's enterprises will have a significant positive impact on the development of the petrochemical complex of the Russian Federation, in particular, it will contribute to the import substitution of petrochemical products, products of small and medium-sized chemicals in the domestic market of the Russian Federation, as well as the growth of non-resource non-energy exports within the framework of the national project " "International cooperation and export". The minimum guaranteed investment in installations related to the production of goods, and the share of its processing by petrochemical enterprises will increase even higher - almost 1.6 times, from 29.8% to 46.5%. First of all, this allows you to increase the production of large-scale polymers - polyethylene, polypropylene, polyvinyl chloride (PVC), polystyrene and others.
XII Conference "Modernization of production facilities for oil and gas processing", Neftegazopererabotka-2022, September 29, 2022September 29, 2022, at the address: Moscow, Tverskaya 22, InterContinental Hotel, the XII conference "Modernization of production for oil and gas processing" will be held (OIL AND GAS PROCESSING - 2022). Issues of modernization of oil and gas processing and petrochemical facilities, problems of interaction with licensors, import substitution practices, modern investment project management models, safety standards and requirements. Annual conference "Oil and gas processing" helps to establish business contacts and mutual understanding between customers and contractors.
Main discussion points:
- Investment projects in oil and gas processing and petrochemical industry in Russia and the CIS
- Development strategy Russian gas and petrochemistry for the period up to 2030
- Strategy for the development of chemical production in Russia
- Program for the modernization of oil and gas processing industries
