General Director


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

Company’s 2019 oil production:218.4 million barrels

TANECO’s yearly production:15.3 million tonnes

Tatneft features

Russia Tatneft
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…

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…

Tatneft signs MoU with Iran’s NISOC
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…