OREANDA-NEWS. July 10, 2015. A traditional annual summit of the oil companies' management of the Republic   of Tatarstan with participation of Rustam Minnikhanov, Acting President of the Republic, was held.

The oil forum was also attended by Kirill Molodtzov, Deputy Minister of Energy of the Russian Federation; Farid Mukhametshinn, Chairman of the State Council of the Republic of Tatarstan; top management and specialists of TATNEFT Company, headed  by Nail Maganov, General Director of the Company; Shafagat Takhautdinov, Assistant to President on oil industry issues; heads of the republican petrochemical, oil refining, service and independent oil companies, related businesses, territorial offices of federal departments, heads of cities and districts of the oil region of the Republic of Tatarstan, officials of the Presidential Office and those of the Government of the Republic of Tatarstan.

Prior to the event, the participants  had visited the exhibition of advanced technologies presented by JSC TATNEFT, JSC "RITEK", "TNG-Group" together with the Kazan (Volga) Federal University and "TatProm-Holding". For the first time as part of the exhibition events were also presented the research projects and engineering developments of the students of the Almetyevsk State Petroleum Institute, Almetyevsk Polytechnic College, Kazan Federal University, Bugulma Machine Building technical school and Leninogorsk Petroleum technical school, which had been the winners of the national and international scientific and technical conferences.

The extensive exposition of JSC TATNEFT presented this year included   the technical and economic results of the  innovative activities; the Company's technologies, prospects of the extra-viscous oil deposits development, new equipment for drilling of wells, as well as oil flow stimulation technologies and others.

In the plenary part of the event a report on the outcome of TATNEFT operation in the first half of 2015 was presented to the audience by Nail Maganov, General Director of the Company.

The crude oil production volume of the TATNEFT Group of Companies amounted to 13 million 258 thousand tons   in the 1st half of this year, which exceeded the last year level by 122 thousand tons. The significant increase in the drilling operations volume was specifically due to the extension of works at Ashalchinskoye extra-viscous oil field.

Significant results have been achieved at the TANECO plants' Complex. A plant was commissioned for production of base oils, which are raw material for the production of engine and transmission oils. Putting in commercial operation the combined hydrocracking installation at the end of 2014 allowed starting production of new types of high-quality fuel for land and air transport. In H1 the volume of processing amounted to 4.3 million tons of crude oil. The conversion depth reached 74.3%.

According to Nail Maganov, as part of the crude oil deep conversion factory construction, a delayed coking unit is being built. The unit commissioning is scheduled for the end of 2015. The designed capacity of the unit is processing of 2 million tons of heavy oil residues per year.

The coke produced at this facility will be used for power generation at the Nizhnekamsk CHP. The first start-up facility of the project of econstruction of the thermal power station to generate electricity using low-grade steam turbines has been prepared for launching. The launch of two additional turbines will increase the installed capacity of the thermal power station by 350 MW. This will allow forming a single waste-free production cycle of generating own energy.

As the General Director of JSC TATNEFT pointed out, a key strategic goal of the Company is to maintain and increase the volume of crude oil production as the fundamental condition for ensuring economic and financial stability. Currently, the Company is actively exploring the strategy of increasing crude oil production.

Development of the refining sector and sales network, as well as yielding of quality products with high added value still remains an important strategic goal. The annual sales of oil and gas products currently accounts for more than 2 million tons. The measures are being worked out for increasing the amount of sales by 1.7 times in 2025.

The task in the area of crude oil refining is the TANECO Complex construction completion and the increase of the crude oil refining volume to 14 million tons in 2018.

The Company will continue solving tasks aimed at further optimization of operating costs and investments, including the labor productivity improvement, intensity of the equipment application, etc.

Concluding his speech, Nail Maganov expressed confidence that the efficient performance of the Company would be the basis for achieving the strategic objectives of the Company, strengthening of the Company's investment potential and competitiveness.

The report "On the results of the Tatarstan Republic small oil companies activities in the 1st half of 2015" was delivered by Fanis Valiev, General Director of JSC "Neftekonsortsium".

Rustam Rakhimov, Managing Director of JSC "Tatnefteotdacha", presented to the forum participants the information "On the crude oil production development strategy in the Republic of Tatarstan for the period 2015-2020".

Also, the information  about the priority innovative projects of oil companies in accordance with the "Strategy of developing the fuel and energy complex of the Republic of Tatarstan for the period up to 2030" adopted in the form  of the law of the Republic was offered to the participants of the event. This information was presented by Renat Muslimov, Consultant of Tatarstan President on the issues of development of oil and gas fields of Tatarstan.

During the meeting Nakip Gatiyatullin,  Head of the Tatarstan oil section of the Rosnedra CDC, presented the information "On the performance of the Tatarstan branch of the Central Commission for the development of hydrocarbon deposits and establishment of the Kazan branch of the Federal State Unitary Enterprise "State Commission on Mineral Reserves".

Kirill Molodtsov, Deputy Minister of Energy of the Russian Federation, highly appraised    the activities of the Tatarstan oilmen.
Closing remarks to the oil forum participants were addressed by Rustam Minnikhanov, Acting President of the Republic of Tatarstan.
The Tatarstan summit   once again became an effective platform for the exchange of experience in implementing high-performance technologies, discussing current issues and future prospects of crude oil production in the Republic. The participants discussed current topical issues of highly efficient technologies application for crude oil production by the oil companies of the Republic.