2 Jul 2019 13:35

Tatneft boosted oil production 3.8% in H1

KAZAN. July 2 (Interfax) - The Tatneft Group produced 14.829 million tonnes of oil in 6M, a 3.8% increase year-on-year, the parent company said in a statement.

In June, 2.519 million tonnes was produced.

PJSC Tatneft produced 14.667 million tonnes (+3.9%) in 6M and 2.494 million in June.

Outside Tatarstan, 162,600 tonnes (-3.6%) was produced in 6M and 26,300 in June.

In 6M, 1.232 of superviscous oil was produced (+31.9%) and 230,000 in June.

In 6M, 282 new wells were drilled for Tatneft (-3.8%), including 200 production wells, 78 for bitumen, and four for exploration.

Taneco processed 4.367 million tonnes of oil in 6M and 774,500 in June. It produced 4.495 million tonnes of oil production (789,700 in June), including 1.849 million tonnes of diesel (291,000) and 525,300 of automobile gasoline (91,600).

Due to the OPEC+ deal, the group is planning to keep its production this year at last year's level (29.5 million tonnes and 29.2 million for the parent company). Subsidiaries outside Tatarstan will produce 300,000 tonnes of oil (also last year's level).