Rustam Minnikhanov holds session of OAO “Tatneft” Board

On October 28 Tatarstan President Rustam Minnikhanov held session of OAO “Tatneft” Board in Almetievsk on results of budget performance for 9 months of 2013 and approval of November budget.

The Board of Directors heard information about efficiency of new technologies and geological exploration of oil fields, discussed financial and economic activity of subsidiary and affiliated companies.

It was noted that Tatneft group currently works as a single business entity, provides increase of production output and obtaining of stable financial results.

Organisation of works on increasing production and labour activity of oil-and-gas production department “Almetievneft” was also discussed at the meeting.