Rustam Minnikhanov holds session of JSC “Tatneft” Directors board

Regular session of JSC “Tatneft” Directors board chaired by RT President Rustam Minnikhanov has been held today in RT Cabinet.

Results of budget performance by JSC “Tatneft” for 10 months of 2010 were considered; budget for December was fixed, and budget for 2011 was discussed.

Directors board heard the information about main results of financial-economic activity of the company. Thus, 19 mln.347 thousand tons of oil have been produced for 9 months; 251 new producing wells were put into operation.

By results of financial-economic activity, 36,6 bln. gains have been received before taxation. For reporting period total sum of charged taxes and payments for all levels of budget has made 170 bln. roubles.

Also Directors board heard information about results of using new technologies while development of fields of super-tar oil.

Issues of realization of investment program for oil production in current year and formation of investment program for 2011 were likewise discussed at the session.