NEWS
RT President, chairman of OAO Tatneft Board of Directors Rustam Minnikhanov chaired a session of OAO Tatneft Board of Directors held in the House of the RT Government.
The agenda of the session included the company’s budget performance in January and February, approval of the budget for April and the second quarter of 2010, as the discussion of the results of financial and economic activities of OAO Tatneft in 2009 as well as the implementation of the anti-crisis program.
In 2009, 25,850,400 tones of oil were recovered at the company’s oilfields. 280 operating oil wells were commissioned, oil production made up 422.6 thousand tones.
Over the reported period, as many as 23 new wells were drilled on territories of the Russian Federation outside of Tatarstan.
An oil deposit was found in Syria and 4 test wells were drilled. 2 test wells were drilled in Libya.
The total volume of investments by group of companies Tatneft taking into account construction of oil-refining and petrochemical plants Complex TANEKO made 104.3 bln rubles.
While the country’s economy is recovering after the crisis, OAO Tatneft continues working to increase efficiency of production and optimization of exploitation expenses.
The information on introduction of new technologies for the development and exploitation of deposits by OAO Tatneft was also presented at the session.
The goals of stabilization and raising oil production determine a key strategy of OAO Tatneft - adoption of advanced technologies in the whole oil production cycle. It implies the system of development, drilling, exploitation of oil deposits, major repairs of wells, methods of increasing oil extraction.
Besides, the Rosneft oil company entrusted the Tatarstan-based firm with conducting seismic exploration at fields in Udmurtia, and the Magma oil company in the Khanty-Mansi autonomous region. The UralOil company has, based on the results of the competition, selected the TNG Group as the contractor, to perform the field and laboratory work, using the non-longitudinal vertical seismic geophysical profiling technique in the Perm region. The TNG Group seismic explorers have obtained one more contract after wining a tender held by JSC R Vnedrenie.
Tatarstan President Rustam Minnikhanov has sent a telegram of condolences to Mayor of Moscow Yuri Luzhkov following the explosions in the Moscow Metro. "On behalf of the Tatarstanians and on my own behalf I extend heartfelt condolences to the families of victims of the tragedy," the telegram of the head of the republic reads.
According to Daniilidis, the competition is held within celebrating the 20th anniversary of the fall of the Berlin Wall. Entries are admitted until June 10, 2010. The winners will be granted unforgettable trips to European cities, Berlin, Brussels and others.