Rustam Minnikhanov supports continuity course for Tatneft

At Tatneft's Board meeting, Rustam Minnikhanov, President of Tatarstan and Tatneft's Board Chairman, stated that Takhautdinov has written his own chapter of the republic's oil extraction history.

The President has pointed out that it is vital to provide continuity and course stability for the company, as oil development is the basis of republic's economy.

Nail Maganov, acting CEO, assured that he will do everything to retain the company's course.

Also, according to Tatarstan President's press service, Takhautdinov will keep his place in Tataneft's Board as a Councilor to the Chairman. Minnikhanov pointed out that Tatneft has become one of the leading companies in Russia and the foremost company of Tatarstan under Takhautdinov.

The Board appointed Nail Maganov, First Deputy CEO and Head of Oil and Oil Derivatives Sales Directorate, as a new CEO.