Fanil Agliullin took part in the work of the regular meeting of the Board of Directors of TATNEFT PJSC
Today in Almetyevsk the meeting of the Board of Directors of TATNEFT named after V.D. Shashin PJSC under the chairmanship of the President of the Republic of Tatarstan Rustam Minnikhanov. At the meeting, the results of the execution of the budget of TATNEFT PJSC for eleven months of 2021 were considered and the budget for January and the first quarter of 2022 was approved.
The Board of Directors heard information on the status of oil and gas projects in the field of oilfield services, geological exploration and oil and gas production outside the Russian Federation. TATNEFT resumed geological exploration in Libya, where the Company has 4 contract blocks under an exploration and production sharing agreement. In Turkmenistan, TATNEFT is implementing a service contract with the State Concern Turkmennebit, as a result of which the accumulated additional oil production amounted to more than 400 thousand tons, more than 200 geological and technical measures were carried out, and production for the repair of electric centrifugal pumps and tubing was organized.
The work on the search and assessment of the prospects for oil and gas production projects will be continued and aimed at a sustainable increase in the value of the Company, its resource base, diversification of the exploration and oil production portfolio of projects in terms of their investment attractiveness.
The meeting participants reviewed the forecast indicators of the Exploration and Production business area for 2022. The Board of Directors decided to ensure the solution of the tasks of the business block, taking into account external factors and decisions of OPEC +.
The Board of Directors decided to transform the Corporate Governance Committee under the Board of Directors into the Sustainable Development and Corporate Governance Committee under the Board of Directors.
Also at the meeting a number of other issues on the current activities of TATNEFT were considered.