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Thursday, October 13, 2005

Tatneft increases oil output 1.1% in 9 months

MOSCOW, October 12 (RIA Novosti) - Russian oil major Tatneft increased its oil output 1.1% in the first nine months of 2005 year on year to 19.059 million metric tons, the company's press office said Wednesday. Tatneft, located in Russia's Republic of Tatarstan in the Volga region, produces most of oil in the republic. In September, Tatarstan produced 2.542 million metric tons of oil, of which 2.006 million metric tons were produced by Tatneft. In January-September 2005, the company introduced 292 new wells, providing for 229,018 metric tons of oil output.

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