PJSC «Tatneft» in the next 10 years can bring oil production to 35-37 million tons per year
Today at the annual meeting Shareholders of PJSC «Tatneft» have voted for all offers made by the Board of directors of the company.
The meeting of shareholders of PJSC «Tatneft» has taken place today in Almetyevsk in «Neftche» recreation Center.
The Minister of Land and Property Azat Hamayev has participated in a meeting of shareholders.
«Tatneft» within the transaction with OPEC contained the oil production growth reached for previous years. But the company keeps high potential at the expense of reserves of slate oil. Making the report The CEO of PJSC «Tatneft» Nail Maganov has reported about it at the meeting of shareholders.
"We can safely tell that production level over 35-37 million tons within the next decade is very conservative forecast. All these plans are based on development of the assets which are already available for the company, first of all in Tatarstan, the Nenets Autonomous district and the Samara region. We study the prospects of oil production outside Russia", - he has said.
Volumes of production will be substantially reached due to new own technologies and approaches to development of fields, Nail Maganov has added.
At the meeting the First Deputy CEO on exploration and production of oil and gas Rustam Halimov has also made the report on the main directions of development of oil production and use of modern approaches to management of assets.
The deputy CEO on strategic development Nurislam Syubayev has reported on the course of realization of "Strategy-2025" and the main drivers of growth "Strategy-2030".
The deputy CEO - the chief geologist Rais Hisamov has told about resource base of the company, results of assessment made by Miller & Lenz - the international consultant for oil and gas.
Shareholders of PJSC «Tatneft» have voted for all offers made by the Board of directors of the company at the annual meeting today.
We will remind that the meeting of shareholders of PJSC «Tatneft» has taken place in Almetyevsk in «Neftche» recreation Center today.
The President of the Republic of Tatarstan Rustam Minnikhanov has participated in a meeting of shareholders.
«Tatneft» within the transaction with OPEC contained the oil production growth reached for previous years. But the company keeps high potential at the expense of reserves of slate oil. Making the report The CEO of PJSC «Tatneft» Nail Maganov has reported about it at the meeting of shareholders.
"We can safely tell that production level over 35-37 million tons within the next decade is very conservative forecast. All these plans are based on development of the assets which are already available for the company, first of all in Tatarstan, the Nenets Autonomous district and the Samara region. We study the prospects of oil production outside Russia", - he has said.
Volumes of production will be substantially reached due to new own technologies and approaches to development of fields, Nail Maganov has added.
At the meeting the First Deputy CEO on exploration and production of oil and gas Rustam Halimov has also made the report on the main directions of development of oil production and use of modern approaches to management of assets.
The deputy CEO on strategic development Nurislam Syubayev has reported on the course of realization of "Strategy-2025" and the main drivers of growth "Strategy-2030".
The deputy CEO - the chief geologist Rais Hisamov has told about resource base of the company, results of assessment made by Miller & Lenz - the international consultant for oil and gas.
The assistant of the CEO on corporate finance Vasily Mozgovoy has submitted the analysis of dynamics of cost of the company, forecasts of analysts, a benchmark, dividend policy.
The president of the Republic of Tatarstan Rustam Minnikhanov in concluding remarks has reported that for the first time oil industry workers carried out a task not on building, but on restriction of oil production within implementation of the agreement of OPEC plus.
In previous years the growth rate of oil production on the «Tatneft» company (105,3% in 2016) was one of the highest among the domestic oil-extracting companies.
At the same time, in «Tatneft» thanks to own breakthrough technologies in the field of production superviscous oil and bitumens in 2017, annual extraction of superviscous oil has been almost doubled and brought to 1,6 million tons (+92,2% by 2016). The current coefficient of completion of reserves of oil has exceeded 176%, Rustam Minnikhanov has added.
Right after the meeting of shareholders the President of the Republic of Tatarstan Rustam Minnikhanov has been elected the chairman of the board of directors of PJSC «Tatneft» again.