RUEN
2019 Interactive Sustainability Report
© 2020 TATNEFT
About CompanyBusiness-Model

Business-Model

We keep developing our production and manufacturing capacities on an ongoing basis to make it possible to convert the hydrocarbon reserves into high value added products

The business model of the Company is built on the full vertical integration principle on the basis of high discipline in the capital management, ensuring the most efficient monetization of reserves and directing profit to create new promising points of growth in value that would increase the Company’s profitability under the 2030 Strategy and beyond the horizon of 2030 taking into account all sustainable development aspects.

1.38MLNTONNESHYDROCARBONRESERVES5.6PRODUCTOUTPUTBLNRUB29.8MLNTONNESOILPRODUCTION206.7THOUSBBLSPER DAYAVERAGE DAILY REFININGOF CRUDE OIL21MLNTONNESOF CRUDE OIL SOLD12MLNTONNESOF PETROLEUMPRODUCT SOLD4142THOUSTONNESRETAIL FUEL SALESMLNPCS10.3TIRE OUTPUTLUCRATIVE PRODUCTIONPROPELLING NEW GROWTHPOINTS1.5BLN KW•HPER YEARELECTRICITY GENERATION2.3BLNRUBNET PROFIT FROMBANKING OPERATIONS1.76CAPITALIZATIONTLNRUBMACHINE BUILDINGBANKINGVALUECREATIONUPSTREAMDOWNSTREAMTIRE BUSINESSOIL & GAS CHEMICALSHEAT & POWER GENERATIONRETAIL NETWORKCRUDE OIL AND PETROLEUMPRODUCT SALES: EXPORT ANDDOMESTIC MARKETUpstreamOil production growth and reserve replacement• Strengthening the resource base• Geographical expansion of producing assets• Hard-to-recover oil field development includingsuper-viscous oil fieldsDownstreamProduction highly demanded and competitiverefined oil products and petrochemicals throughqualitative strengthening of asset structure andimproved operating performance of businessstreams:• Sales of crude and petroleum products, including export and domestic market• Oil refining• Oil and gas production chemicals• Tire business• Heat and power generation• Machine building• EngineeringBuilding an efective banking structurewith a high reputation in the financialcommunity in key systems such as corporate, investment and private banking, including ZENIT Bank and itssubsidiaries (ZENIT Banking Group).The ZENIT Banking Group has beenconsolidated in the financial statementsof the TATNEFT Group since Q4 2016.

Capital (resources)

About CompanyStrategy the Company
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1End povertyEnd poverty in all its forms everywhere2Zero hungerEnd hunger, achieve food security and improved nutrition and promote sustainable agriculture development3Good health and well-beingEnsure healthy lives and promote well-being everybody at all age categories4Quality educationEnsure inclusive and equitable quality education and promote lifelong learning opportunities for all people5Gender equalityAchieve gender equality and empower all women and girls6Clean water and sanitationEnsure availability and sustainable management of water and sanitation for all7Affordable and clean energyEnsure access to affordable, reliable, sustainable and modern energy for all8Decent work and economic growthPromote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all9Industry, innovation and infrastructureBuild resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation10Reduced inequalitiesReduce inequality within and among countries11Sustainable cities and communitiesMake cities and human settlements inclusive, safe, resilient and sustainable12Responsible consumption and procutionEnsure sustainable consumption and production patterns13Climate actionTake urgent action to combat climate change and its impacts*14Life below waterConserve and sustainably use the oceans, seas and marine resources for sustainable development15Life on landProtect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss16Peace, Justice and strong institutionsPromote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels17Partnerships for the goalsStrengthen the means of implementation and revitalize the global partnership for sustainable development