Tatneft PJSC (TATN)

Overview

PJSC Tatneft is a significant player in the energy sector, primarily focusing on the exploration, development, and production of crude oil both in its home country, Russia, and internationally. Established in 1950, the company has built a comprehensive portfolio of oil and gas interests predominantly in Tatarstan, Russia. Apart from its core operations in oil exploration and production, Tatneft is diversely engaged in the refining and marketing of crude oil, alongside the trading of crude oil and refined products. Its headquarters are situated in Almetyevsk, Russia, serving as the central hub for its broad range of operations and activities in the energy sector.

Products and Services

• Crude Oil Exploration and Production: Tatneft possesses expertise and interests in the exploration, development, and production of crude oil, mainly located within the rich fields of Tatarstan in Russia. This forms the core of its business operations.
• Refining and Marketing: Beyond extraction, the company is deeply involved in refining crude oil and marketing the produced petroleum products. This includes a range of refined products sold both domestically and internationally.
• Crude Oil and Refined Products Trading: Tatneft actively participates in the purchase and sale of crude oil as well as refined products, facilitating a global trade that supports its business model and expands its market presence.
• Equipment Manufacturing: Adding to its vertical integration, the company manufactures and markets equipment necessary for oilfield operations, thereby servicing its needs as well as the demands of the wider oil and gas industry.
• Gas Station Network: Operates a network of gas stations, enhancing its retail presence and providing direct to consumer sales of its petroleum products.
• Fiberglass Manufacturing: Engages in the manufacturing of fiberglass, expanding its industrial operations beyond traditional petroleum products to cater to various market demands.
• Electric Power Business: Involved in the electric power industry, contributing to its diversification strategy and tapping into the growing demand for energy beyond oil and gas.
• Petrochemical Projects: Participates in the processing of oil, gas, and petrochemical projects, showcasing its capability to handle complex industrial processes and deliver on large-scale petrochemical production.
• Oilfield Equipment and Services: Offers a variety of services and materials related to auxiliary petrochemical services and the sale of oilfield equipment, catering to the extensive needs of the oil extraction and production market.
• Banking Activities: In addition to its core and auxiliary operations, Tatneft is also involved in banking activities, indicating a broad diversification that encompasses financial services within its portfolio.