Program of oil gas chemistry development for period 2010 -2014 presented at Tatneftekhiminvest – holding Board of directors session

22 December 2009, Tuesday
Today General director Rafinat Yarullin has presented a Program of oil gas chemistry Complex development for period 2010-2014 at the Board of Tatneftekhiminvest holding session.

The session was held by RT PM – JSC Tatneftekhiminvest-holding Board of directors chairman Rustam Minnikahnov.

He reminded that this is the third oil gas chemistry development accepting program in the republic. The two previous have been successfully realized .

Rafinat Yarullin , making the main report, informed that a purpose of the program to ensure competitiveness of the complex.

«The Program sets new ambitious tasks, - said R/Yarullin . – It was coordinated with the principal О strategic documents of Rusia and Tatarstan . Its implementation depends much on availability of credit resources ».

It is supposed to realize the Program in two stages : years 2010 - 2011 a stage of stabilization and recovery, 2012 – 2014 years – as development stage.

It is supposed that investments in oil extraction will exceed 100 bln. roubles and the main task of the sector - stabilization of oil recovery including at the expense of layers oil yield. Besides, natural bitumen extraction should gain a momentum. .

Among the priorities R. Yarulin determined raising oil processing and quality of petrochemicals.

TANEKO and JSC NAIF-NK new capacities commissioning will raise by year 2015 oil processing volumes in the republic to 23 mln. tonnes (that is 9,5% of Russia’s oil processing .
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