Tatneft

Tatneft to launch production of petrol with capacity of 1.1 million tons in Q3

Tatneft" expects to launch the production of petrol at TANECO with a capacity of 1.1 million tons per year in the third quarter, Interfax reported.

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In Q1, Tatneft’s net profit grew by 18% to 42 bln rubles

In the first quarter of 2018, the net profit of Tatneft under IAS increased by 18% year-on-year and made up from 42.01 billion.

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Neftegazholding and Novatek were leaders of oil production reduction within OPEC+ deal in May

Neftegazholding (previously - Independent Oil and Gas Company, NNK) of Eduard Khudainatov and Novatek most reduced the volume of oil production in May 2018 compared to the level of October 2016 in

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In January-May Tatneft reduces oil production by 0.85% to 11.768 million tons.

In January-May 2018 Tatneft reduced oil production by 0.85% compared to the same period last year, to 11.768 million tons, the press service of the company reports.

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In the first 5 months, Tatneft built 242 wells, including 92 ones for bitumen

In May, enterprises of the Tatneft Group produced 2 446 thousand tons of oil, and in the first five months - 11910 thousand tons, which is by 110 thousand tons less than in 2017.

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In January-May, Rosneft increased oil production by 1% to 78.6 mln tons

In January-May 2018, Rosneft increased oil production by 1% compared with the figure in the same period last year to 78.614 million tons.

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"Tatneft" is building a new transfer point for 2 million tons of oil per year.

The company's largest TAP will unload the Almetievsk TAP.

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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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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"
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