OREANDA-NEWS. December 26, 2011. A press conference of Shafagat Takhautdinov, General Director, for representatives of federal and Tatarstan’s Media was held at OAO TATNEFT on December 23, 2011. The Company’s General Director gave an estimate of the large-scale current projects and reported on some of the Company's plans for 2012.

According to the preliminary data the volume of crude oil production in OAO TATNEFT will amount to 25.9 million tons in 2011.

Performance of pilot operations at Ashalchinskoye field will result in producing 39.6 thousand tons of extra-viscous oil during the reporting period. The total volume of oil production since the beginning of the field development is expected to amount to 104.9 thousand tons.

OAO TATNEFT plans to maintain the current level of production in 2012. The plans of "Construction of TANECO refineries and petrochemical plants Complex for 2012” project envisage a scheduled mode of sustainable commercial operation of the first starting complex facilities. In accordance with the construction schedule of the combined hydrocracking unit the plans provide for completion of all construction works with proceeding to the final stage of installation works in 2012. The next stage plans include construction of hydro-treatment facilities for the purpose of improving the quality of manufactured products coming from the existing installations of OAO TANECO.

The main areas of the tire manufacturing complex include further modernization of the mass tire production plant "Nizhnekamskshina", which will provide for replacement of outdated products with tires of the next generation.

Director General also answered numerous questions of the reporters. In particular, he spoke about the ongoing pilot development of extra-viscous oil deposits and informed about the progress of OAO TATNEFT’s operations in Syria. He also touched upon the social policy of the Company and the Company’s participation in republican and nationwide projects.

At the end of the press conference Shafagat Takhautdinov thanked the journalists for their interest in the activities of TATNEFT and for an objective and timely coverage of events of the Company’s production and social activities.