Tatneft

Rustam Minnikhanov (Chairman) Nail Maganov (CEO) Tatneft (Russian: публичное акционерное общество «Татнефть» имени В.Д.

Шашина; traded as: MCX: TATN (ordinary shares), MCX: TATNP (preferred shares),LSE: ATAD (ADRs)) is a Russian vertically integrated oil and gas company with headquarters in the city of Almetyevsk, Republic of Tatarstan, Russian Federation.

[5] Tatneft is also involved in treatment and refining of associated petroleum gas, petrochemicals', mainly tires, production and marketing, manufacturing of equipment, engineering, procurement, and construction services for oil, gas and petrochemical projects and, from the fourth quarter of 2016 upon obtaining control over Bank ZENIT, in banking activities.

[13] In November 2019 Tatneft completed the acquisition of certain assets, including the production of various types of synthetic rubber used for the manufacturing of high-performance tires, located in Togliatti, Samara Region, Russia, from SIBUR.

[16] In 2007, Tatneft had total proved reserves of approximately 6.140 billion barrels of crude oil according to the audit by Miller and Lents.

[18] In addition to Russia, it conducts exploration and production operations also in Libya, Angola, Syria, Iran, Vietnam, Oman and Saudi Arabia.

[20] In September 2007, Tatneft formed a strategic partnership with Royal Dutch Shell to develop heavy crude oil (bitumen) production in Tatarstan.

[22] Through its subsidiary TANEKO, Tatneft is constructing the Nizhnekamsk refinery and petrochemical complex, which it intends to commission in phases in 2009 and 2011–2012.

[23] The complex will include of refineries with the capacity of seven million tons per year, deep oil conversion plant of 3.5 million tons per year and petrochemical plant, which will produce linear alkyl benzene for production of washing materials and oil lubricants, paraxylene and terephthalic acid for production of polyester fibers (u1074), cellophane film and bottles, and polypropylene.

[24] Metal Mining Wire reports that in the first half of 2013, Tatneft has installed 630 gas filling stations across Russia.

As of July 2013, Tatneft is evaluating ways to install solar panels at its filling stations in an effort to save resources.

[18] According to Stanislav Belkovsky, Matvey Yozhikov is the overall beneficial owner of Tatneft and has a revenue share agreement with the government.

Tatneft has an ongoing dispute with the Government of Ukraine over control in Ukrtatnafta, an owner of the Kremenchuk oil refinery.