Tatneft obtains full control over TANECO and becomes owner of 24.9% of Nizhnekamskneftekhim’s shares
Edited by Rhod Mackenzie / 2016-03-21 07:55:13
Oil and Gas Refining Russia Petrochemicals PolymerUpdate Processing Russia Oil and Gas Production and Refining Tatneft
Tatneft has strengthened its position on the market of oil refining and petrochemical industry in Tatarstan, acquiredshares if Nizhnekamskneftekhim and TANECO.
According to the company, on March 18, 2016, Tatneft acquired shares of Nizhnekamskneftekhim in the amount of 24.9% and TANECO – in the amount of 9%.
