Rustam Minnikhanov chairs a meeting of the Board of Tatneft
21 August 2010, Saturday
Budget performance over seven months of 2010 was a central issue at the meeting of the Board of OAO Tatneft.
Rustam Minnikhanov, the President of the Republic of Tatarstan – Chairman of the Board of OAO Tatneft, chaired the meeting.
The event took place in Almetyevsk, Tatarstan.
The participants of the meeting approved the September budget, discussed the outcome of the first six months of the year.
Over the period under report, the company produced more than 12 mln tonnes of oil with 220,000 tonnes on top of the plan. 44.9 percent was produced due to implementation of modern oil recovery methods. By-gas made 375.5 million cubic meters.
As many as 171 new wells were activated.
Profit before taxes made 20.6 billion rubles.
RT Cabinet press service
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