In 2012, Tatneft decreased investments by 5.4% to 63.6 billion rubles

In 2012, the total amount of Tatneft Group’s investment made up 63.6 billion rubles, Tatneft’s General Director, Shafagat Takhautdinov stated.

In 2011, the total amount of Tatneft’s investments was 67.2 billion rubles.

“In 2012, significant amounts were invested into production of oil and gas – 30.7 billion rubles, as well as into construction of a complex of oil-processing and petrochemical plants in Nizhnekamsk (Taneko) – 27.7 billion rubles,” – Takhautdinov said at the annual meeting of shareholders on Friday.