A regular board session of Tatneft Oil Company held in Kazan
25 November 2014, Tuesday
On November 25, at Tatarstan Government House, a regular board session of Tatfent Oil Company chaired by Tatarstan President Rustam Minnikhanov was held.
The meeting reviewed the company’s budget performance for ten months of 2014 and approved budgets for the upcoming December and 2015.
The Board was informed of the main results of the company’s financial and economic activity for the first nine months of the current year. The company produced 19 million 603 thousand tonnes of oil during this period, which is 84.5 thousand tonnes more as compared with the same period last year. The volume of associated petroleum gas produced amounted to 665 million cubic meters, which is 2.4 per cent more than in the same period last year.
It was also reported that Ashalchinsky oil field has produced 170.6 thousand tonnes of super-viscous oil with an average daily oil flow rate of 625 tonnes, with the total volume of super-viscous oil produced since the beginning of development operations amounting to 496 thousand tonnes. Net proceeds from sales of products shipped made 310.4 billion roubles.
According to the results of financial and economic activity, the company received 89.2 billion roubles of profit before tax while net income made 71.7 billion roubles.
The Board also discussed number of other issues related to the company’s activities.
On November 5, speaking at the Government House of the republic at a regional video-conference held by Tatarstan President Rustam Minnikhanov with participation of Prime Minister of the Republic of Tatarstan Aleksey Pesoshin, First Deputy Minister of Construction, Architecture and Housing of the Republic of Tatarstan Aleksey Frolov reported that to date, as many as 2 million 954 thousand square meters of housing have been commissioned in Tatarstan.
On November 27, at their meeting in the Government House of the republic, Tatarstan President Rustam Minnikhanov and Deputy Chairman of the Executive Board of Sberbank Olga Golodets discussed the issues of the introduction of Sber digital products in the healthcare sector of Tatarstan.
On November 25, at their meeting in the Government House of the republic, Tatarstan President Rustam Minnikhanov and Director General of the Fund for the Protection of Citizens' Rights - Shared Construction Participants Konstantin Timofeev discussed the completion of the construction of problematic shared construction facilities in Tatarstan.
On October 28, at the Government House of the republic, Tatarstan President Rustam Minnikhanov chaired a regular board meeting of Tatneft Oil Company, to sum up the results of the company's budget execution for the 9 month of the current year and to approve budget amounts for October of 2020.
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