Tatneft, Russia Oil and Gas
On April 15th Tatneft started the capital repair at the Taneco oil refinery.
Tatneft, which owns one of Russia's largest oil refineries TANECO, hasn’t filed an application for the purchase of Lukoil's filling stations, the company reports.
Taneco reduced the volume of processing of petroleum raw materials and production by 1.8% in Q1 against Q1 2016. The output of saleable goods fell by 2%.
In Q1 2017 the enterprises of the group of companies "Tatneft" produced 7.2 million tons of oil. This is 4.1% more than within the same period last year.
In January-March 2017, Rosneft increased its gas production by 3.4% compared to the same period last year to 11.902 billion cubic meters, the Central Dispatch Department of the Fuel and Energy Sect
The net profit of Tatneft under IAS grew by 8.6% to 107.389 bln roubles in 2016, the company reports.
The revenue grew by 5% to 580.127 bln roubles.
In January-March 2017, Rosneft reduced its oil production by 0.5% compared to the same period last year to 46.599 million tons.
The tyre complex of Tatneft increased the revenue in 2016 by 18%. Sales revenue in the domestic market grew by 19%.
According to the results of 2016 the net profit of Tatneft under Russian Accounting Standards (RAS) increased by 23.3% and amounted to 104.8 billion roubles, as follows from the company's annua
"Tatneft" is potentially interested in acquiring part of the petrol stations of Lukoil, RNS reports with reference to the company's data.