Wednesday, January 09, 2008
Russia's Tatneft to Increase Oil Reserves
27.12.2007 [Neftegaz.RU] - Russia's oil company Tatneft announced it was going to increase its oil reserves in 2007. With proven oil reserves of 3.6 billion barrels, Tatneft accounts for over 80% of oil output in the Russian Republic of Tatarstan. Now the company plans to rise its annual oil output to 25.4 million metric tons in 2008-2010.