In 2016, Tatneft plans to reduce capital investments, but can change its decision

In 2016, Tatneft’s capital investments are planned to be 80-85 billion rubles. This was reported by assistant general director of Tatneft B. Brain during the conference call for investors on April 4, 2016.

In 2015, the Tatneft’s capital investment amounted to 92.9 billion rubles, which is by 48% more than in 2014.

Tatneft invested 37.4 billion rubles in the exploration and production of oil, and 48.9 billion rubles in the processing and sale of oil and petroleum products.

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