The transaction on the acquisition of Neste’s retail business in Russia by Tatneft was closed today.
An agreement on the sale by Neste Corporation of its Russian fuel retail business consisting of 75 fuel stations in North-West Russia and a terminal in Saint Petersburg to Tatneft was signed in July of 2019. The transaction was approved by the Federal Antimonopoly Service on 4 October and closed on 31 October 2019.
Pursuant to a separate agreement between Tatneft and Neste, following the acquisition, the acquired retail network will continue to operate under the Neste brand for up to 5 years.
Tatneft’s retail network is one of the five Russia’s largest ones with more than 710 own filling stations. The focus of Tatneft’s retail sales strategy is on the sale of high-grade fuels produced at its own state-of-the-art TANECO Refinery. One of the key priorities upon the development and operation of Tatneft’s retail network is to minimise environmental impact.
Neste (NESTE, Nasdaq Helsinki) is the world’s largest producer of renewable diesel fuel refined from waste and residues.
Based on information by Tatneft press service
Tatneft opened a new flagship filling station in the Republic of Uzbekistan.
The ceremonial presentation of the Tatneft station took place in the city of Tashkent with participation of Minister of Energy of Uzbekistan Alisher Sultanov, Director General of Tatneft Nail Maganov, and Chairman of the Management Board at Uzbekneftegaz Bakhodirzhon Sidikov. The event was also attended by representatives of ministries and agencies of Uzbekistan.
The flagship filling station of Tatneft is equipped with the most advanced equipment and is ready to provide relevant services. All types of fuel will be presented at the filling stations, from Normal-80 of local production to Ai-100 brand produced by the TANECO Oil Refining Complex.
As part of its ceremonial opening, the first 5 customers of the filling station took on 25 litres of gasoline or diesel fuel free of charge.
Based on information by Tatneft press service
The TANECO Complex saw an on-site meeting of the Council for Head Experts of Oil Refining and Petrochemical Enterprises. The event was attended by instrument and environment engineers of major Russian oil, chemical, and gas companies.
The participants to the meeting were shown the key production facilities of the Complex; special attention was paid to environmental facilities.
The treatment facilities of TANECO attracted the most interest among the guests. As of now, these are one of the most advanced WTFs in Russia’s oil refining industry. In some indicators, the efficiency of wastewater treatment is 99.9%. The guests also commended the environmental monitoring system, in which stationary sources of pollutant emissions are equipped with automatic measuring and accounting devices.
At the sectional sessions of the meeting, information was provided on the development of oil and gas refining sector at Tatneft, as well as on the introduction of digital technologies at TANECO. During the meeting, head ecologists and metrologists exchanged work experience, discussed problems, as well as ways to solve them.
Based on information by Tatneft press service
On September 3, a visiting workshop meeting entitled “Features of Federal Supervision in the Construction of Chemical and Petrochemical Complex Projects” took place on the premises of the TANECO Complex.
The meeting was attended by Deputy Head of the Federal Service for Environmental, Technology, and Nuclear Supervision (Rostekhnadzor) Aleksandr Trembitsky, Minister of Industry and Trade of Tatarstan Albert Karimov, Head of the Volga Regional Division of Rostekhnadzor Boris Petrov, Deputy Director General for Capital Construction of Tatneft Nikolay Glazkov, managers and experts of Rostekhnadzor from a number of Russian regions, and others.
A tour was organised for the guests to key TANECO facilities, both operating and under construction, so that representatives of the supervisory authority were able to gain an insight into a complete oil refining chain and inspect industrial, fire and environmental safety systems in place at the TANECO complex.
The participants to the meeting discussed the problems encountered during the construction and operation of hazardous facilities, and exchanged their experience.
Acting Director General of TANECO Aydar Khismatullin shared company’s expertise in the commissioning of completed construction projects.
Based on information by Tatneft press service
On August 22, a delegation headed by Prime Minister of the Republic of Kazakhstan Askar Mamin visited TANECO within their working trip to Tatarstan.
During the visit, the guests examined key facilities designed for oil refining and production of popular petroleum products, including Euro-5 gasolines of AI-92, AI-95, AI-95, AI-98 and premium TANECO-100 brands; Euro-5 diesel fuel; jet kerosene of RT, TS-1 and Jet A-1 grades, high-index API Group II and III base oils and lubricants based on them for all areas of manufacturing industry.
Tatneft’s Director General Nail Maganov shared company’s experience in recovering extra-viscous oil; dozens of technologies have been tested by the company, with particular focus on environmental and industrial safety.
The delegation of Kazakhstan studied long-term plans related to the further development of oil refining, the tyre business, as well as the construction of petrochemical facilities for the production of engineering plastics and other petrochemical products not previously manufactured in Russia.
Prime Minister Askar Mamin emphasised that the objectives of the visit to Tatarstan include studying successful industrial projects, as well as expanding cooperation in the oil producing and oil refining industries.
Based on information by Tatneft press service