Tatneft’s Board of Directors have approved the budget for 2015

The budget parameters are not brought into the public. The Board of Directors got acquainted with the major results of the financial and economic activity of the company.

Tatneft shares over 80% in the total oil yield of Tatarstan. In January – October, Tatneft increased oil production by 0.4% to 21.436 million tons. In 2013, Tatneft increased oil production by 0.4% to 26.107 million tons.

The majority shareholder of Tatneft is Svyazneftechem JSC state holding. It owns 30.44% in authorized capital of the company. Tatarstan holds the golden stock in Tatneft.

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