Tatneft

Proven reserves of Tatneft are 872.3 mln tons of oil

As of December 31, 2016, the total proven oil reserves of Tatneft (including gas condensate) amounted to 872.3 million tons under the SPE-PRMS classification, the company informs.

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Tatneft to allocate 50% of its net profit for dividends for 2016

Shareholders of Tatneft have decided to allocate 50% of the company's net profit under IAS for paying dividends on results of 2016, Tatneft reports after the annual shareholders' meeting.

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Tatneft doesn’t plan to resume production in Libya because of political situation

The oil company Tatneft doesn’t plan to resume production activities in Libya until the situation in the country is completely stabilized.

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Strategy-2025 of Tatneft to be successful even at $ 35 per barrel in 2020.

The base scenario will double the value of the company to $ 21.5 billion in 2025.

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Tatneft to double production of natural bitumen

In 2017, Tatneft plans to produce 1.6 million tons of extra-viscous oil (natural bitumen) against 842 thousand tons in 2016. Next year, the production is expected to be around 2 million tons.

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REP Holding and Tatneft develop cooperation

REP Holding and Tatneft have signed a contract aimed at further development of a large-scale project for the construction of a complex of TANECO refineries and petrochemical plants in the Republic

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6 Russian companies contend to Iranian hydrocarbons

The Iranian National Oil Company has expanded the list of tender participants for the development of oil and gas fields in the Islamic Republic.

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Russian Ministry of Energy offers to permit oil pumping on principle of “pump-or-pay”

The Energy Ministry of the Russian Federation has proposed to make Transneft the sole owner of the main oil pipelines and allow the transportation of oil on the principle of "pump or pay"

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At the Nizhnekamsk TANECO plant a vacuum column weighing 195 tons is installed.

Nizhnekamsk plant TANECO continues work on the visbreaking unit (high-temperature processing of oil and its fractions – Ed.).

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Delayed coking unit of Tatneft’s TANECO reaches mode of industrial operation

Tatneft has brought the delayed coking unit at TANECO into commercial operation mode. Before that, the unit, which was launched in June 2016, was operated in the integrated testing mode.

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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"
Telephone: +7 927 303 00 25

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