Russia says to invest 570 bln rbl till 2030 in LHG projects - Oil & Gas - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russia says to invest 570 bln rbl till 2030 in LHG projects

MOSCOW, Jul 8 (PRIME) -- Investment in liquefied hydrocarbon gas (LHG) projects in Russia can amount to 570 billion rubles in 2020Ц2030 and in ethane to 1.6 trillion rubles, the Energy Ministry said in a statement on Wednesday. †

"Taking into account the potential projects of Russian companies, investment in petrochemical projects can amount to a total of about 3.1 trillion rubles in 2020Ц2030, including 570 billion rubles in LHG projects, 1.6 trillion rubles in ethane projects," the ministry said.

The ministry also said that the investment coefficient in excise refund in oil refining will attract 800 millionЦ1 trillion rubles of investment in construction of about 30 utilities in the next 6Ц10 years.

On Tuesday, the government submitted a bill on oil refining and petro- and gas chemicals industry support to the State Duma, parliament's lower chamber.

(72.1719Ц U.S. $1)

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08.07.2020 15:56
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