Tatneft

Tatneft is ready to receive electricity from landfill gas

Tatneft is working on a technology that will allow the generation of electricity from landfill gas. The project is supported by the Ministry of Ecology and Natural Resources of Tatarstan.

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Whether TANECO’s Euro-5 presses market leaders?

In summer of 2018, it is planned to start production of Euro-5 petrol at the TANECO complex.

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In Q3, TANECO to launch facility for production of automotive petrol with capacity of 1.1 mln tons per year with subsequent increase to 1.5 mln

In August-September 2018, it is planned to start production of motor petrol Regular-92 and Premium-95 at the oil refining complex TANECO (Nizhnekamsk).

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Tatneft's results for four months of 2018

Oil production

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Tatneft builds two new production and exploration wells in the Samara Region.

The TATNEFT Group produced 2 367 thousand tons of oil in April, 9 464 thousand tons within four months, which is 114 thousand tons less than in 2017.

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Fitch: In 2017, profitability of Russian oil companies returned to level of 2014

By the end of 2017, profitability of Russian oil companies almost returned to the level of 2014.

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Tatneft may increase dividends by 75%

On Tuesday, Tatneft’s Board of Directors recommended the annual meeting of shareholders to set dividends for 2017 at the level of 12.16 rubles per ordinary and preferred shares.

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In 2017, Tatneft’s proven oil reserves fell by 0.7% to 6.17 bln barrels

As of December 31, 2017, total proven reserves of oil and gas condensate of Tatneft amounted to 6.172 billion barrels.

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New oil and gas fields developed in Russia in 2018

According to an energy cooperation framework agreement signed at the end of January, Russia will have the exclusive right to extract gas and oil in Syria.

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In Q1, Tatneft’s revenue under RAS was 581.5 bln rubles, net profit – 100 bln rubles

On April 24, 2018, a regular meeting of the Tatneft’s Board of Directors was held in Kazan under chairmanship of Tatarstan President R. N. Minnikhanov.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

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