Tatneft boosts production 5.4% in Q1
KAZAN. April 11 (Interfax) - PJSC Tatneft in January-March 2016 produced 6.847 million tonnes of oil in Tatarstan, which is 5.4% more year-on-year, the company's press service said.
In March 2.333 million tonnes of oil were produced, up 4% year-on-year.
Subsidiaries produced 85,600 tonnes of oil at licensed sections within Tatarstan in Q1, up 16.9%. In March, they produced 28,500 tonnes, up 14.8%.
All companies of Tatneft group produced 6.932 million tonnes in Q1, up 5.5% and in March they produced 2.361 million tonnes, up 4.1%.
The company also said that Taneco oil refinery processed 2.369 million tonnes of crude in January-March (814,400 tonnes in March), including 2.175 million tonnes of oil (740,000 tonnes). The production of petroleum products amounted to 2.276 million tonnes (781,800 tonnes).