OREANDA-NEWS. February 03, 2010. Regular TANECO BOD Meeting took place under the chairmanship of Farit Davletshin.

Stage 1A1 Target commissioning schedule progress was reported by Refinery Director Ch. Khalilov. He provided the details of some facilities construction status, including CDU/VDU , Visbreaker, Naphtha Stabilizer, Sulphur Recovery Unit, WWT, Flare facilities and others. Ch. Khalilov brought out the current critical issues and the construction objectives..

The issue of prior period budget fulfillment and ahead budget forming was reported by Taneco Director for Economic and Finance V. Fedotov. He noted that Budget 2009 was fulfilled . Forecast financing plan for February 2010 totals to RR 4 793,5 mln..

TANECO Technical Director A.Vaisman informed on Stage 1A1 Engineering schedule execution Given period 89 % of 1 Start up facilities detailed design have been performed . For 85 job titles engineering has been completed .

TANECO BOD meeting reviewed a number of important issues, which include the approval of contracts for supply of material and equipment, selection of Contractors for specialized activities, approval and prolongation of lease contracts and some others.. BOD Work plan for 1Q2010 was approved.