Tatneft
RussianTANECO
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JSC TATNEFT is one of the largest companies in the oil and gas sector of Russia. Tatneft Company performs its major activities within the territory of the Russian Federation. The Company is a holding structure, which incorporates oil and gas production boards, crude oil and gas refining companies, as well as enterprises and servicing works selling the crude oil and also the products of crude oil and gas refining and petrochemical products. In addition to this the Company is also participating in the banking and insurance activities. The Company has been granted licenses for development of 77 crude oil fields in the territory of the Republic of Tatarstan where the major crude oil reserves of the Republic are concentrated. At the same time Tatneft participates in the capital and management of the leading petrochemical enterprises of the Republic of Tatarstan. Implementing the program of stabilization and replacement of reserves the Company is developing business projects outside of the republican limits within the territory of the Russian Federation as well as in the near and far-abroad countries, strengthening the raw material resources and oil refining basу and expanding the sales markets. The annual production of the Company amounts to over 25 million tons of crude oil and over 700 million cubic meters of gas. One of the major Company’s priorities is environment protection and providing for production and industrial safety. The most important component of Tatneft Company activity is upgrading and development of new crude oil production methods. Development of progressive science-intensive technologies as well as increasing the scope and diversity of high technical industrial services rendered strengthen the innovational potential of the Company and provide for one of the essential competitive advantages of JSC TATNEFT in the industry branch.

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