OREANDA-NEWS. August 03, 2011. A meeting of the Board of Directors of TANECO chaired by Nail Maganov, First Deputy General Director of TATNEFT, Head of Oil and Petroleum Products Sales Department was held, reported the press-centre of TATNEFT.

A report on the June implementation of the financial plan and compliance with the budget guidelines for the year 2011 was presented to the participants of the meeting by Vladimir Fedotov, Director of Economy and Finance of TANEСO. The Board of Directors was informed of the funding and spending of the investment funds from the beginning of this TATNEFT's strategic facility construction as well as of the financing plan of the Oil Refinery and Petrochemical Plants Complex construction for August.

Arkady Vaisman, Technical Director of TANECO, informed the meeting participants about the progress in obtaining permits for the operation of the Oil Refinery and Petrochemical Plants Complex.

Viktor Pavlenko, Head of Engineering Design Group of the Department for Construction Project Implementation of the Combined Hydrocracking Unit of O TATNEFT, presented in its report peculiarities of design, construction and commissioning of the hydrocracking unit at the Belorussian oil refinery "Naftan". The experience of this company will be taken into account during further construction of TANECO's Oil Refinery and Petrochemical Plants Complex.