Rustam Minnikhanov holds board session of OAO “Tatneft”
25 July 2014, Friday
On July 25, Tatarstan President Rustam Minnikhanov held a regular board session of OAO “Tatneft” Oil Company in Kazan. The Board of Directors reviewed the company's budget execution for the first half of 2014 and approved the budget for August of the current year.
The Board discussed the organization of work on application of technologies for recovery and recycling of raw materials and equipment. It was pointed out that it is a significant resource in the company's activities, which allows maintaining production costs at a proper level. The active application of the equipment rehabilitation technologies allowed the Company obtaining considerable economic benefit for the period from 2005 to 2013 and creating 1,117 new jobs at the same time.
The Board also considered a number of other issues of Tatneft activities.
The Board discussed the organization of work on application of technologies for recovery and recycling of raw materials and equipment. It was pointed out that it is a significant resource in the company's activities, which allows maintaining production costs at a proper level. The active application of the equipment rehabilitation technologies allowed the Company obtaining considerable economic benefit for the period from 2005 to 2013 and creating 1,117 new jobs at the same time.
The Board also considered a number of other issues of Tatneft activities.
Tatarstan President's Press Office, using materials of OAO "Tatneft"
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