MOSCOW, March 12. /TASS/. Russia has plans to invest about three trillion rubles ($32.9 bln) into development of petrochemical production facilities, making it possible to increase the country’s share in the global market to 6-7%, First Deputy Energy Minister Pavel Sorokin said at the meeting of Russian President Vladimir Putin with the Leaders of Russia competition winners.

"[We will invest] more than three trillion [rubles] into the petrochemical industry. That is, we can take 6-7% of the global market from slightly more than 2% at present," Sorokin said.

Russia also has good prospects in the oil refining industry, he added.