Regular meeting of the Tatneft Board of Directors held in Almetyevsk

26 January 2017, Thursday

On 26 January 2017, Almetyevsk hosted the meeting of the PAO Tatneft Board of Directors chaired by Tatarstan President Rustam Minnikhanov. The event was attended by Deputy Prime Minister and Minister of Industry and Trade of Tatarstan Albert Karimov.

 

During the meeting, the budget performance results were announced for 2016 and the budget was approved for February 2017. The participants discussed the key areas to improve the efficiency of geological exploration and noted a need for a more active use of innovations in order to ensure reserves in depleted deposits of conventional oil (supplementary exploration, enhanced oil recovery), seek new deposits, ultra-viscous oil fields, and Domanic oil deposits.

 

In addition, the participants heard the results of the internal audit department. Following the audits, it was mentioned that there is a need to improve the quality of the competitive procurements in jobs and services, as well as to enhance raw material procurement options for enterprises of the Tatneft tyre complex.

 

Press service of PAO Tatneft

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