Tatneft is one of Russia’s leading oil and gas companies.
Most of the company’s production is carried out in the Republic of Tatarstan. Annual production is approximately 26 mln tonnes of crude oil. The company is conducting pilot production of highly viscous oil (bitumen) reserves.
In 2011, the company launched the TANECO refinery in Nizhnekamsk, Tatarstan, with annual crude oil processing capacity of 7 mln tonnes. The company is building a hydrocracker facility, which will increase the depth of refining and output of light products.
The company’s petrochemicals segment includes some of Russia’s leading tire producers.
The Republic of Tatarstan is the company’s largest shareholder. Tatneft’s shares and depositary receipts are traded on Russian exchanges and outside Russia.