Tatneft is completing well testing on a project in Libya, but it is not yet sure that it will be able to start production this year. Technological plans have been verified and continue to be implemented, but the scope and direction of work is changing, explained Alexander Fedorov, head of the company's oil and gas projects outside Tatarstan. Company suspende...

Tatneft plans to increase oil production to 40.5 million tons by 2030 and to double the company's value. Previous version of strategy, approved in 2018, planned to increase oil production by 2030 by 33% against the 2017 level, to 38.4 million tons. At that time, the company planned to increase its capitalization to $36 billion in the baseline scenario, which...

Tatneft's shareholders approved a dividend of ₽32.71 per common and preferred share for the six months of 2022. The last day for purchasing securities to receive dividends is October 7, 2022. The dividend yield on the common stock could be 8.1% and 8.5% on the preferred stock.

Tatneft is planning to develop in Permsky Krai a network of gas stations with car washing and catering facilities. Besides, filling stations will have stations for charging electric cars. First two out of 40 filling stations will appear in the regional capital by 2024. Volume of investments in construction of the two filling stations will amount to ₽380 mill...