Oil, Gas and Petrochemical Industry

The oil, gas and petrochemical industry of the Leningrad Region unites the main production enterprises operating in petrochemistry, as well as organizations related to auxiliary and supporting segments.

The oil, gas and petrochemical industry includes the sub-sectors of coke and petroleum products production, chemical production, as well as the production of rubber and plastic products.

In the structure of shipped products of manufacturing industries, oil, gas and petrochemical enterprises account for 32%.

Volume of shipped products by oil and gas complex enterprises (billion rubles):

production of coke and petroleum products

chemical production

production of rubber and plastic products

Volume of investments in fixed assets (million rubles):

Chemicals and chemical products

998,822

(170%)

Production of coke and petroleum products

20,306

(94.2%)

Production of rubber and plastic products

7,909

(190%)

2025 (% compared to 2024)

Production dynamics of main types of products of the oil, gas and petrochemical complex:

101.6 thousand tons 150%

paint and varnish materials

1.4 billion pcs. 100.2%

plastic carboys, bottles, flasks and similar articles

4.3 billion pcs. 106.6%

Development prospects

The development prospects of the oil, gas and petrochemical complex of the Leningrad Region directly depend on the development priorities of its leading participants. The main development prospects include:

deepening the processing of hydrocarbon and mineral raw materials based on the latest technologies;
increasing the volume of manufactured and sold products, including import-substituting ones;
increasing the volume of non-resource exports of industrial products;
reducing imports of certain types of chemical products and raw materials;
introducing industrial products to new promising sales markets;
increasing the investment activity of industry participants;
increasing the added value created by industry participants;
providing the industry with scientific, engineering, technical, managerial, and working personnel through cooperation and involvement of higher and secondary educational institutions in the industry's work.

Strategic documents

Strategy for the development of the chemical and petrochemical complex for the period up to 2030, approved by order of the Ministry of Industry and Trade of Russia and the Ministry of Energy of Russia dated 04/08/2014 No. 651/172

State support

State support at the regional level:

reduction of the corporate income tax rate (from 17% to 13.5%)
reduction of the corporate property tax rate (from 2.2% to 0%) (Law of the Leningrad Region dated December 29, 2012 No. 113-OZ — for enterprises implementing investment projects in the Leningrad Region)
reduction of the corporate income tax rate within the framework of SPIC (from 17% to 5%) and reduction of the corporate property tax rate (from 2.2% to 0%) (Law of the Leningrad Region dated December 29, 2017 No. 93-oz "On certain incentive measures in the industrial sector of the Leningrad Region and on amendments to certain legislative acts of the Leningrad Region")

State support at the federal level:

provision of loans at a rate of 1 to 5% per annum for up to 5 years in the amount of 50 to 500 million rubles (Industrial Development Fund)
compensation of part of the costs of research and development work in priority areas of civil industry within the framework of the implementation of complex investment projects by organizations (Decree of the Government of the Russian Federation dated December 30, 2013 No. 1312)
compensation of part of the costs for the implementation of complex projects for the creation of high-tech production, carried out with the participation of Russian educational organizations of higher education, state scientific institutions (Decree of the Government of the Russian Federation dated April 9, 2010 No. 218)
subsidy to compensate interest on loans for the implementation of investment projects in the chemical industry (Decree of the Government of the Russian Federation dated January 3, 2014 No. 5)

Economy and Investment Climate of the Leningrad Region