Board of Directors of Tatneft recommended to pay dividends of ₽25.17 per ordinary and preferred share for 2023. Last day to buy securities for dividends is July 8, 2024. Dividend yield on common stock could be 3.47% and on preferred stock - 3.46%.

Tatneft's IFRS net profit for 2023 amounted to ₽286.26 billion, up 0.5% from ₽284.9 billion in the previous year. Revenue rose 11.4% to ₽1.589 trillion against ₽1.427 trillion a year earlier.

Tatneft signed an agreement on cooperation in the field of petrochemicals with SOCAR, the state oil company of Azerbaijan. As part of their visit to Tatarstan, representatives of the Azerbaijani state company also toured some of TATNEFT's facilities, including the TANECO complex of oil refineries and petrochemical plants.

Tatneft has developed a project for the construction of a cellulose production facility. Project materials were published by the administration of the Zainsky District of Tatarstan, where the facility is planned to be located, in preparation for public hearings. Project envisages creation of flax fiber pulp production with the capacity of 15 thousand tons of...