Tatneft has brought into the public its results for H1 2013 by ISA
Edited by Rhod Mackenzie / 2013-09-10 04:05:08
Tatneft has made public its results for H1 2013 by ISA. The results demonstrated by the company are moderately negative, no rapidly growth, as there was a year ago. The oil refining complex of the company has reached the planned capacity. The state of affairs at the internal oil products market remains difficult.
The company is going to make one more step ahead with the launch of the hydro cracking utility at Taneko in the end of 2013, that will enlarge the share of light oil products yield from 45% to 60%. It will positively influence revenue and profitability of the company but only in 2014.
