The Government of the Russian Federation approved the creation of the Ust-Luga SEZ

Russian Prime Minister Mikhail Mishustin has signed a decree on the creation of a special economic zone (SEZ) of the Ust-Luga in the Leningrad Region, according to a statement on the Cabinet's website. It is planned to build one of the world's largest gas processing plants on its territory. Liquefied natural gas plant will produce different types of polymers. The total investment in these projects will amount to 2.2 trillion rubles. The new production facilities will provide jobs for 5,600 people, and will also significantly increase the volume of gas processing and polyethylene production in Russia.