Tatneft Published IFRS Financial Statements for 9M
OREANDA-NEWS. December 02, 2013. Tatneft (the “Company”) has published on its web-site (http://www.tatneft.ru/for-shareholders/information-disclosure/consolidated-financial-statements/?lang=en) the unaudited consolidated interim condensed financial statements for the three and nine months ended 30 September 2013 prepared in accordance with International Financial Reporting Standards (“IFRS”) (the “Financial Statements”) and related Management Discussion and Analysis of Results of Operations (the “MD&A”).
TATNEFT is one of the largest, internationally recognized Russian oil companies, operating as a vertically integrated Group. The Company ranks No 6 in Russia by the volume of oil production after Rosneft, Lukoil, Surgutneftegaz, TNK-BP and Gazprom neft.
In the competitive refining market the Company develops its own facilities, at the same time expanding the export of oil, gas and petrochemical products.