Rustam Minnikhanov holds Tatneft board’s regular meeting

President of Tatarstan Rustam Minnikhanov has held a regular meeting of the JSC Tatneft board of directors that he chairs. The meeting took place at the House of Government.

The meeting summed up the JSC Tatneft’s budget performance in 2010 and approved a budget plan for February 2011.

The board heard a report on the department of internal audit management’s performance, including enhancing the electronic trading floor, controlling the use of funds within the project in Libya, et cetera.

The meeting went on to set tasks related to increasing the efficiency of control over procurement of works and services, continuing the work to standardise the oil recovery administrations’s management structures, and implement single approaches in the staffing policy at the company’s business units.

The JSC Tatneft board members discussed some issues related to preparing for the annual general meeting on the results of 2010; a working commission, in particular, was set up.

The board reviewed some other issues related to the JSC Tatneft’s performance.