Small oil companies summed up for the first quarter of 2019
The meeting with the participation of the leaders of small oil companies was held by the President of the Republic of Tatarstan Rustam Minnikhanov.
The main theme is the performance of small oil companies in the first quarter of 2019.
The meeting was held at the Government House of the Republic of Tatarstan, attended by General Director of PJSC TATNEFT Nail Maganov, Assistant to the President of the Republic of Tatarstan on oil industry issues, member of the Board of Directors of PJSC TATNEFT Shafagat Takhautdinov, Minister of Land and Property of the Republic of Tatarstan Azat Khamaev, etc.
According to Rustam Minnikhanov, according to the Ministry of Energy of Russia, 139 million tons of oil was produced in the first quarter, which is 3.4% more than in the same period of 2018.
Oil producers of Tatarstan ensured a growth rate of 102.8% compared to last year, while the volume of oil production in the republic was 9 million 18 thousand tons, including the MNC - 1 million 766 thousand tons (accounting for 19.6% of the total production volume).
The world oil market in the first quarter was favorable for the oil industry, the positive dynamics of world oil demand remained, Rustam Minnikhanov noted, oil prices went up by 22.5% and averaged $ 61 per barrel.
Rustam Minnikhanov also outlined some of the region’s main economic indicators for the first quarter. Thus, the volume of gross regional product in the first quarter amounted to 538 billion rubles, an increase of 100.3%.
“The growth in the oil industry amounted to 102.5%, and I believe that the oil workers are doing decent work,” said the President of Tatarstan.
Thanks to a stable economy, efficient operation of the oil industry, we are implementing all our plans and social projects, said Rustam Minnikhanov.
Details about the results of the work of small oil companies in the first quarter of 2019 were reported by the general director of CJSC Nefteconsortium, Fanis Valiev. Thus, the small oil companies produced 1 million 766 thousand tons of oil, which is 112 thousand tons more than in the same period of 2018. 106 thousand meters of rocks were drilled, 60 new wells were put into operation. 3.4 billion rubles were spent on capital investments.
The Ministry of Land and Property of the Republic of Tatarstan assists in registration of land plots for the needs of oil producing companies, including the transfer of land from one category to another, suitable for the construction of relevant facilities.
As of today, in 2019, on the basis of the projects prepared by the Ministry of Land and Property Management of the Republic of Tatarstan, 82 agricultural land plots with a total area of about 78.7 hectares have been transferred to the category of industrial land and other special purposes for subsoil use.