Nail Maganov Tatneft Russia

Nail MAGANOV

General Director

Tatneft

Tatneft is successfully developing one of the most important areas and a promising asset: hard-to-recover reserves.
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Tatneft in figures

Company’s 2019 oil production:218.4 million barrels

TANECO’s yearly production:15.3 million tonnes

Tatneft

Tatarstan’s integrated oil major

An integrated oil and gas company headquartered in the Republic of Tatarstan, Tatneft is the fifth-largest oil producer in Russia. The company is engaged in oil and gas production, refining, petrochemicals and hydrocarbons trade. Tatneft controls around 8% of Russia’s total oil production and has an estimated 7.32 billion barrels of oil reserves.

  • Tatarstan star: Tatneft’s crude output accounts for 80% of oil produced in Tatarstan.
  • Drive to drill: The company commissions around 600 new wells per year. As of 2020, its success rate for exploration drilling was more than 85%.
  • Refining and retail: Tatneft’s key refining facility is the TANECO complex, which produces high-quality diesel among other products. The company has a retail network of 802 filling stations.
  • Technology: On its path to becoming a technology leader, Tatneft is focused on hydraulic fracturing and technologies to develop unconventional and hard-to-recover reserves such as super-viscous oil.

Tatneft’s strategy involves stabilising oil and gas production from fields under development; developing new oilfields, including high-viscosity and hard-to-recover oilfields in the territory of Tatarstan; expanding the company’s resource base outside of Russia; increasing petrochemicals production; modernising and expanding oil refining; and pursuing innovation in engineering.

Tatneft features

Nail Maganov Tatneft Russia
Interview
Russia - December 11, 2019

Nail Maganov, general director of Tatneft, talks to TOGY about how the company is boosting its oil production, its strength in…

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RN MINNIKHANOV Tatarstan
Interview
Russia - October 11, 2019

R.N. Minnikhanov, president of the Republic of Tatarstan, talks to TOGY about the significance of Tatarstan in the development of Russia’s oil and gas industry, the…

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Tatneft signs MoU with Iran’s NISOC
NEWS
Iran - March 07, 2017

Russian integrated oil company Tatneft has signed an MoU with the National Iranian South Oil Company (NISOC) under which it will conduct a study of the Shadegan…

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