Rustam Minnikhanov holds meeting with small oil companies

On May 27, Tatarstan President Rustam Minnikhanov held a meeting on results of activity of small oil companies in the first quarter of 2014 and prospects and development at OAO “Tatneft” in Almetievsk. Head of regional ministries and agencies, territorial branches of federal bodies, municipalities of Tatarstan oil region, and Tatneft company took part in the meeting.

Opening the meeting, Rustam Minnikhanov said: “In connection with international situation around Ukraine, economic situation is rather difficult. It will have an impact on relations with European and American colleagues. Country’s leadership is trying to establish partnership relations with the East. Many agreements have already been signed in China.”

“Western businessmen are willing to work with us, however, political leverage may lead to unpredictable consequences. Therefore, we should estimate possible diversification of business and our partners,” Rustam Minnikhanov said.

Tatarstan President continued that economic situation in the republic is not favourable, growth rates of industrial production and gross product are lower than it was expected.

Director General of ZAO “Neftekonsortsium” Fanis Valiev reported on results of production and economic activity of Tatarstan small oil companies for the first quarter of 2014.

Chief geologist of OAO “Tatneft” Rais Khisamov told about development of oil field development research on using carbonate deposits of oil reserves.

Deputy Head of Volga Department of Federal Service for Ecological, Technological and Atomic Supervision Almaz Nasybullin told about industrial safety at objects of small oil companies.