Azat Khamaev took part in the regular meeting of the Board of Directors of PJSC TATNEFT

21 June 2019, Friday

Today in Almetyevsk President of the Republic of Tatarstan Rustam Minnikhanov held a meeting of the Board of Directors of PJSC TATNEFT.

Rustam Minnikhanov was elected Chairman of the Board of Directors of PJSC TATNEFT.

The meeting reviewed the performance of the Company's budget for the five months of 2019, approved the budget for July and the third quarter of the current year.

The participants of the event discussed the information on the execution of the construction plan of TANECO JSC and the further implementation of the project. In 2018, the Complex launched kerosene hydrotreatment and diesel hydrotreating units. Also, a naphtha hydrotreating unit, a light naphtha isomerization unit, and a catalytic reforming unit were commissioned. The launch of the above installations allowed to start their own production of Euro 5 gasoline and to increase from 42 to 64 percent the share of highly liquid hydrotreated products in the total production. TANECO JSC maintains its leading position in primary capacity utilization (115%) and refining depth (99.05%)

At the Board of Directors of PJSC TATNEFT, a flask with straight-run gasoline from the ELOU-AVT-6 installation was demonstrated, at which comprehensive testing began.

Among the main tasks of 2019 is to ensure the processing of raw materials in accordance with the approved plans. For June of this year, it is planned to launch an ELOU-AVT-6 unit with a vacuum pumping unit for the residue of visbreaking for complex testing, for July - a sulfolane unit as part of an aromatics complex. In December, it is planned to commission the installation of hydrotreating heavy gas oil coking. Planned for 2019 events will increase the design capacity of the Oil Refining and Petrochemical Plants Complex for oil to 14 million tons / year.

The development plan for the TANECO project is calculated until 2026 and provides for the commissioning of installations to increase the volume of oil refining and the range of products produced.

As part of the agenda of the meeting, the composition of the committees of the Board of Directors of PJSC TATNEFT was approved - on audit; on personnel and rewards; on corporate governance.

The Board of Directors also reviewed a number of other issues of the Company's activities.

 

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