OREANDA-NEWS. July 01, 2013. By the results of the monthly transparency rating of the Russian fuel and energy sector companies JSC TATNEFT was among the TOP-10 in May 2013 with the highest level of transparency and it is in among the five leaders ranking the 4th place.

A high appreciation of the transparency level received by the Joint Stock Company is the result of the extensive work of the whole Company's staff: environmentalists, scientists, production men, as well as experts in the field of the information and communication policy.

The Company organized a visit to its facilities for the members of the Committee for Environment, Natural Resources and Agricultural Affairs of the State Council of the Republic of Tatarstan. The deputies familiarized themselves with the environmental activities of TATNEFT, compliance with the legislation in this area and utilization of associated petroleum gas.

In order to determine the rating of transparency of the Russian fuel and energy sector companies the Agency for Political and Economic Communications performs a monthly survey with participation of 25 renowned experts: economists, political scientists, analysts and journalists. Evaluation is carried out for 75 largest companies engaged in nuclear power, gas, oil and coal mining industries, transportation of crude oil and petroleum products and electricity.

Each expert assesses the transparency level of the companies with subsequent determination of the arithmetic means of expert assessments (grade point average).