Rustam Minnikhanov holds Board Session of OAO “Tatneft”
1 October 2014, Wednesday
On October 1, at Tatarstan Government House, Tatarstan President Rustam Minnikhanov chaired a regular board session of Tatneft Oil Company. The Board discussed the company’s budget performance for eight months of 2014 and approved the budget for October and the fourth quarter of the current year.
The Board was informed about the programme of developing extra-viscous oil fields. Currently, there are 31 pairs and 7 single cyclic-steam stimulation wells at Ashalchinskoye oil field in operation, with a total average daily production exceeding 700 tonnes.
The Board discussed the information about improvement of the reservoir pressure maintenance system. To this end, there is a programme being implemented at the company designed for a period from 2011 to 2015. This programme involves implementation of geological and technical activities, including insulation works to seal the production casing, grouping of wells by reservoir properties in order to create optimal conditions for fields' development, operational reliability improvement of discharge water supply conduit sections, installation of individual booster pumps at wellheads and introduction of the inter-well pumping technology.
The issues of the company's tire production development were discussed and the effectiveness of the financial and economic activities of the company's subsidiaries and affiliates was assessed at the meeting.
The Board also considered a number of other issues of the company's activities.
On 11 May, speaking at a meeting in the Government House of the republic held by the Rais (Head) of Tatarstan Rustam Minnikhanov with all municipalities taking part in it via videoconference, the Minister of Construction, Architecture and Housing Utilities Sector of the republic Marat Ayzatullin reported that as of 11 May the housing construction plan has been fulfilled by 60 per cent in the republic with 1m 888thousand square meters of housing already commissioned.
On 9 May Tatarstan Prime Minister Aleksey Pesoshin accompanied by the Head of his Office Shamil Gafarov paid homage to Soviet soldiers buried at the Arsk cemetery in Kazan and together with war veterans and other participants of the ceremony laid flowers and wreaths to the monument of the Soldier-the Last Man Standing.
On 7 May an official delegation from Tatarstan headed by the regional Deputy Prime Minister Roman Shaykhutdinov came to the UAE to take part in an annual Investments Forum AIM Congress 2024 held in Abu-Dhabi.
The forum brought together leaders and experts of the branch from all over the world and is dedicated to transformational changes happening on the global investments landscape.
On May 6, speaking at a briefing held in the Government House of Tatarstan and dedicated to the issues of holding the sowing campaign in the republic, Deputy Prime Minister of the republic-Tatarstan Minister of Industry and Trade Marat Zyabbarov said that in the current year the sowing area will be 2.7 million hectares, which is at the level of last year, including 1.8 million hectares allocated for spring sowing.