A regular meeting of Tatneft Board of Directors held in Almetyevsk
27 February 2015, Friday
On February 27, in Almetyevsk, Tatarstan President Rustam Minnikhanov chaired a regular meeting of the Board of Directors of TATNEFT Oil Company.
The Board summed up the results of the TATNEFT's budget execution in January and approved the budget for March 2015.
The meeting discussed the implementation of measures to ensure the sustainability of the Company in the unstable economic situation caused by the decline in world oil prices. Within the framework of the activities considered, the plans provide for continuation of the work towards reduction and optimization of costs, rapid response to the impact of external economic factors, while maintaining the level of oil production and refining, fulfilling social commitments and implementing the strategic objectives of the Company.
The Board considered the issues related to holding the Annual General Meeting of Shareholders of TATNEFT on the Company's performance in 2014 and a number of other issues of the Company's activities.
On 10 January, speaking at a meeting held by Tatarstan Prime Minister Aleksey Pesoshin in the Government House of the republic with all municipality regions taking part in it via videoconference, the regional Minister of Construction, Architecture and Housing Utilities Sector Marat Ayzatutllin informed that in the current year the Ministry will take part in implementation of five national projects and three state programmes with planned construction and capital overhaul of 172 facilities for the total sum of 17bn rubles.
On 10 January, speaking at a meeting held by Tatarstan Prime Minister Aleksey Pesoshin in the Government House of the republic with all municipality regions taking part in it via videoconference, the regional Minister of Agriculture and Food Marat Zyabbarov informed that it is expected to achieve a comparable growth of produce of 1.5%, including that in food production - at least 2.6% in the agricultural sector.
On 4 January Tatarstan Prime Minister Aleksey Pesoshin, who is the First Deputy Chairman of the Commission of prevention and elimination of emergency situation and ensuring fire safety of the republic, has taken a decision to put into operation the “Buran” (Snow storm) plan in Tatarstan starting from 2 pm on 4 January until the consequences of adverse meteorological events are eliminated by ministries, departments and organizations which ensure the smooth movement of road and rail transport in winter.
On 3 January on the errand from the Rais (Head) of Tatarstan Rustam Minnikhanov, the regional Prime Minister Aleksey Pesoshin, who is the First Deputy Chairman of the Commission of prevention and elimination of emergency situations and ensuring fire safety of the republic , held an urgent meeting of the Commission which discussed readiness of forces and means to ensure security during the New Year and Christmas holidays.