| Business Summary | | OAO
Tatneft
is
a
producer
of
crude
oil
in
Russia.
Substantially
all
of
the
Company's
production
and
other
operations
are
in
Tatarstan,
a
republic
of
Russia
situated
between
the
Volga
River
and
the
Ural
Mountains,
located
approximately
750
kilometers
southeast
of
Moscow.
As
of
January
1,
2000,
Tatneft's
total
proven
reserves
of
crude
oil
were
approximately
861.7
million
tons
(6,135
million
barrels). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | OAO
Tatneft
is
engaged
in
oil
and
gas
field
development
and
oil
and
gas
production
principally
in
the
Republic
of
Tatarstan.
For
the
fiscal
year
ended
12/31/00,
revenues
totaled
RUR147.17
billion,
up
from
RUR61.31
billion.
Net
income
applicable
to
Common
totaled
RUR22.18
billion,
up
from
RUR9.62
billion.
Revenues
reflect
increases
in
crude
oil
prices
and
in
the
volume
of
crude
oil
product
sales.
Earnings
also
reflect
lower
foreign
exchange
losses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Rustam Nurgalyevich Minnikhanov, Ph.D., 43 | Chairman | Semyon Afroimovich Feldman, 64 | Director,
Deputy Gen. Director for Capital Construction | Rais Salikhovich Khisamov, 50 | Director
and Chief Geologist | VladimirVladimirovich Semernin, 47 | Director
and Gen. Director of Solid | Rishat Fazlutdinovich Abubakirov, 41 | Deputy
Gen. Director and the Chief of Staff |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|