Completion of the construction of Lukoil's gas chemical complex in Stavropol is scheduled for the end of 2028 - beginning of 2029, said Ivan Kovalev, Minister of Energy, Industry and Communications of the Krai. Investment contract on the project is planned to be concluded this summer. This will reduce the profit tax to 3% and give preferences in terms of real estate tax. Company expects to start construction and installation works by the end of this year. planned for the end of 2025.