Tatneft records a difficult 2015 due to downturn in economy

Summarizing the results of 2015, Director General of Tatnefteproduct Rustam Sabirov called it the worst one, perhaps, in the history of existence of the company. The activities of the enterprise are inevitably affected by what is happening in the economy. The business activity is reducing; organizations are investing less in their development. As a result, in many markets, demand is reducing and sales are falling. In addition, there are problems in the banking sector. Many banks are changing the credit conditions by increasing rates on loans, the main reasons for the fall in retail sales. “The success of today filling stations is determined by the advantages in location and large investments in the construction, reconstruction and its transformation to the fully-fledged filling complex,' believes Rustam Sabirov.

Apart from wholesale and retail trade of oil products, and their storage facilities, Tatneft is engaged in the development of the retail network and related products. Its sales infrastructure covers most regions in Tatarstan; there are petrol stations in Ulyanovsk oblast, Samara oblast, Kirov oblast, the Udmurt Republic, the Chuvash Republic and Mari El Republic. Tatnefteproduct owns oil terminals with a storage depot at 192 000 cubic metres. The number of filling stations of JSC Tatnefteproduct from the beginning of 2016 amounted to 134 units, gas stations – 20, out of these 25 filling stations are for lease. The main competitors of the supplier in the market of Tatarstan are the filling stations TAIF, Lukoil, Tatneft.