President of Tatarstan criticizes “tax manoeuvre”

“Tax manoeuvre” is disastrous for petrochemicals, although it doesn’t have too lot of margin, the President of Tatarstan Rustam Minnikhanov said.

"Everything that is done there is a big minus. We will feel it," - he said.

According to the President, the activity of all enterprises that are engaged only in processing of crude oil, but don’t produce it, is under threat.