The Organizing Committee of BRICS YEA expresses its gratitude to Tatneft for its assistance in the preparation for BRICS Youth Energy Agency Summit in Moscow that is to be held on October 4-6, 2018 as part of the international forum “Russian energy week”.

TATNEFT is one of the largest Russian oil companies and an internationally-recognised vertically-integrated holding. The company’s production complex includes steadily developing oil and gas production, petroleum refining, and petrochemicals production enterprises, a tire manufacturing complex, and a network of filling stations and services. TATNEFT also has stakes in financial (banking and insurance) sector companies.

In order to ensure its status and competitive growth continue to strengthen, the company prepared a TATNEFT Group Development Strategy Until 2025 aimed at doubling the company’s value and providing for the implementation of a set of large-scale activities in all production areas, including crude oil production, refining, and petroleum products sales. The Strategy envisages establishment of a more balanced portfolio of production assets, a decrease of specific operating costs by at least 10%, and provisions for ensuring investment efficiency growth.

The company’s achievements in production, environmental and social activities, as well as their high level corporate management, openness, and transparency have been highly praised by the company’s shareholders, business partners, and the investment community as a whole