Tatneft asks for state guarantees for 6.8 bln rubles for new plants
Edited by Rhod Mackenzie / 2016-06-02 06:47:43
Oil and Gas Refining Russia Petrochemicals PolymerUpdate Processing Russia Oil and Gas Production and Refining Tatneft
Tatneft has applied to the interdepartmental commission under the Russian Ministry of Economic Development with a request to provide it state guarantees for the implementation of industrial projects in the amount of 6.8 billion rubles.
In particular, Tatneft plans to build a pilot hydroconversion plant with capacity of 50 thousand tons per year at the site of the TANECO refinery (Nizhnekamsk). The total cost of the project is 6.8 billion rubles, the amount of the alleged state guarantees is estimated at 3.4 billion rubles.