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Provider: Reuters Investment Profile
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Tatneft' OAO Plans To Boost Production Outside Tatarstan 9% in 2013-Interfax


Thursday, 31 Jan 2013 03:28am EST 

Interfax reported that Tatneft' OAO (OJSC Tatneft) plans to extract 330,000 tonnes of oil outside Tatarstan but in Russia this year, which would be a 9.3% increase on the 302,000 it produced outside the republic in Russia last year, the Company's materials say. Tatneft' OAO produced 26 million tonnes of oil within the republic last year, and intends to be extracting upwards of 26 million tonnes with a little growth annually before 2020. Tatneft does geological prospecting and development at deposits in Kalmykia, Orenburg and Samara Regions, and the Jewish Autonomous District. It has eleven oil subsidiaries and dependent companies created with the company's involvement outside of Tatarstan. 

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8 Jul 2014