Tatneft hopes to resume activity in Libya
Edited by Rhod Mackenzie / 2015-08-27 02:19:25
Tatneft expects to resume its activity in Libya as soon as circumstances permit. This follows from the company’s financial statements under IAS.
According to Tatneft, the company is currently monitoring the situation in Libya to assess risks related to the security and political situation.
As of June the 30th, 2015, the company has assets, related to operations in Libya, to the amount of 5.739 billion rubles, 5.52 billion rubles of which were capitalized exploration costs, 210 million rubles - inventories and 9 million rubles - cash.
