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Oil & Gas, Petrochemicals, Investment & Banking

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Tatneft

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  Russia

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Company Profile

  • Country

    Russia
  • Employees

    60,000 people
  • Incorporation Year

    1950
  • Annual Revenue (Year)

    9.96 billion USD
  • Web web

  • Total Assets Value

    17.1 billion USD
  • Global Presence

    N/A

Who we are

Tatneft is a Russian vertically integrated oil and gas company with headquarters in the city of Almetyevsk, Republic of Tatarstan, Russian Federation. It is the fifth-largest oil company in Russia and the eighth largest listed company in Russia by market capitalization. In the 2020 Forbes Global 2000, Tatneft was ranked as the 539th-largest public company in the world. The Company holds most of the exploration and production licenses and produces substantially all its crude oil in Tatarstan. Out of approximately 581.5 thousand barrels of oil produced daily 35.5% (206.7 thousand barrels per day) is refined at Tatneft's TANECO refinery.

What we do

TATNEFT is one of the largest Russian oil companies today and is an internationally recognized vertically integrated holding. The industrial complex of the Company includes steadily developing enterprises of crude oil and gas production, petroleum refining, petrochemicals production, the tire manufacturing complex, network of filling stations, and services. TATNEFT also has a stake in the financial sector companies (banking and insurance). Tatneft is additionally involved in treatment and refining of associated petroleum gas, petrochemicals’, mainly tires, production and marketing, manufacturing of equipment, engineering, procurement, and construction services for oil, gas, and petrochemical projects and, from the fourth quarter of 2016 upon obtaining control over Bank ZENIT, in banking activities.

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