OREANDA-NEWS.A regular meeting of the Board of Directors of JSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on January 28, 2015.

The Board of Directors summed up results of TATNEFT's budget execution for 2014 and approved the budget for February of the current year.

Information on the results of the Internal Audit Department operation was presented to the Board of Directors. The Department's experts performed 11 planned audits during the reporting period on various aspects of financial and economic activities of the Company. The Department was also actively involved in the implementation of ad hoc projects, including improvement of the procurement process of services, materials and technical resources.

The Board of Directors also considered a number of other issues of JSC TATNEFT's activity.