Azat Hamayev took part at the regular meeting of the Board of directors of PJSC «Tatneft»

The regular meeting of the Board of directors of PJSC «Tatneft» took place in Almetyevsk yesterday. The chairman of the board of directors of the company, the President of the Republic of Tatarstan Rustam Minnikhanov held a meeting.

During the meeting the results of budget implementation of PJSC «Tatneft» for 2016 and the approved budget for February of the current year are summed up. The key directions on increase in efficiency of exploration works are discussed. Need of more active use of innovations for providing with inventories on the high-developed fields of traditional oil (additional exploration,), search of new deposits, fields of superviscous oil (SVO) and oil in the domanik deposits is noted.

The existing and developed technological innovations in geological exploration shall provide accomplishment of the approved strategic objectives of the company on increase in amount of oil extraction.

Information on results of work of management of internal audit is heard. Following the results of audits it is noted that it is necessary to increase quality of competitive purchases on works and services, and also to improve parameters of purchases of raw materials for the entities of a tire complex. Management also coordinates work of "the hot line" to which for the accounting period 790 messages went, 28% made the target messages concerning directly shortcomings and offenses on which the relevant activities are held.

In 2016 the «Deloitte» company carried out appraising of an internal audit function. The positive decision confirming it compliance to the international professional standards is obtained.

Some other questions of activities of PJSC «Tatneft» is also discussed at a meeting.