The information on the demand behavior and economic recovery measures to restore the wholesale and retail sales of crude oil and petroleum products income was presented to the Board of Directors. The launch of ELOU-AVT-6 at TANECO in 2019 allowed increasing the volume of oil refining to 11.5 million tonnes without fuel oil production.
At present, the oil conversion ratio is 95.6% with the yield of light products amounting to 83.2%. Refining of crude oil, gas and NGL is also carried out at the facilities of Tatneftegazpererabotka company.
Installations that increase the added value of the petroleum products basket are put into operation on a systematical basis and the range of refined products is expanding and improving.
TATNEFT is promoting electronic trading of crude oil and petroleum products. The company launched the TATNEFT fuel portal as a tool of increasing sales in 2019, which made it possible to remotely manage sales and shipments during the pandemic. The company is widely using the sites of the SPIMEX in the domestic market, Torg-i for export supplies and the TATNEFT trading and purchasing platform to ensure the availability of products.
TATNEFT filling station network remains the most efficient sales channel for the TANECO’s Euro-6 fuel. High-quality fuel, service and customer loyalty allow suggesting that the company will meet the pre-crisis planned network operation targets.