On January 28 Tatarstan President Rustam Minnikhanov held a board session of OAO “Tatneft” on results of budget performance in 2013 and approval of the budget for 2014.

A report on organisation of equipment production at Bugulma mechanical plant was presented at the session. A large amount of work was performed on technical re-equipment, optimization of costs, increase of efficiency of use of production facilities and lean production tools.

Issues on holding annual shareholders meeting by results of 2013 were also discussed at the session.