TANEKO was involved as the third party in a dispute between “Tatneft” and TAIF over NGL price

OJSC “TANEKO” has been invited as the third party in the dispute over the price of natural gas liquids, which OJSC “Tatneft” supplies to PJSC “Nizhnekamskneftekhim” (part of TAIF). Such a decision has been taken at the trial of the Arbitration court of Tatarstan. A reporter of “Business Online” states.

In November 2014 Tatneft filed a suit to the Arbitration court of Tatarstan on the collection of 353.7 million roubles of debt from TAIF resulting from a lack of part of payment within the period from March to September 2014. In reply, Nizhnekamskneftekhim filed three suits against Tatneft. It disputed the price within the period from March to May 2014. So, there started concurrent proceedings at the Arbitration court.

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