Taking Tatarstan’s petrochemical resources into the future
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Taking Tatarstan’s petrochemical resources into the future

At the centre of the economic policy of the government of Tatarstan is the intention to get the maximum possible value from the Republic’s remaining oil reserves, which means developing and building the most advanced petrochemical refining facilities within Tatarstan itself. The Republic is now supporting several such projects worth over $7 billion in investment.

Tatarstan: A unique republic, A unique investment opportunity

What investors say about investing in Tatarstan

Q&A: Rustam Minnikhanov

Tatarstan: supporting innovative start-ups

Tatarstan in the capital markets

Tatar banks expand with help of western capital

Tatarstan’s consumer boom

Taking Tatarstan’s petrochemical resources into the future

Tatarstan’s new Special Economic Zone Alabuga

Tatarstan’s thousands of years of culture

Kazan: home to some of the best sports facilities in Russia


Rafinat Yarullin is general director of the state holding company Tatneftekhiminvest, and a recognized expert on petrochemicals. He says: "Let’s say you get one dollar for a certain amount of crude oil. If you take that oil and compress it, refine it, separate and sell all the different petrochemical products like benzine, bitumen, diesel, propane and other substances, then you can make 10 or 20 times that amount. That’s the government’s strategy."

Tatarstan is well placed to develop such a strategy. It has a long history of academic excellence in chemistry, going back to 1806, when the chemistry faculty of Kazan State University was constructed, launching the beginning of organic chemistry in Russia. The faculty educated and attracted such world famous chemists as Alexander Butlerov, who developed the theory of the chemical structure of organic compounds.


Gift this article