OREANDA-NEWS. March 2, 2011. After a detour of the construction site, Mr. Minnikhanov held a meeting of the Republican Head Quarters on the construction of the Oil Refining and Petrochemical Complex. In the focus of attention of the President there were questions on commissioning of TANECO first stage for commercial operation and products shipment.

Mr. H.A.Bagmanov, the General Director of Open Joint Stock Company “TANECO”, reported on the performed works at TANECO Republican HQ meeting, there were reports of Mr. Gennady Efremov, Chief Engineer of JSC "NefteGasEngineering", Mr.Mars Gazizullin, First Deputy of the General Director of JSC PSO Kazan.

Upon the whole the present situation at the Oil Refining and Petrochemical Complex appears to be as follows. From the start of the construction period, JSC Tatneft, the Investor of the Project, has financed about 189 billion roubles. This amount includes expenses for design and research work which is 26 billion roubles, for construction – 70,1 billion roubles, for equipment procurement – 63,3 billion roubles.

During the period of Project implementation 23 000 piles were embedded into the ground, nearly 597 000 cubic meter monolithic reinforced concrete and 117 000 cubic meter pre-cast concrete was laid, 190 000 tons of metal structures were installed, 138 kilometers of underground and 965 kilometers of overhead pipelines were assembled.