30 ноября
Selected financial highlights below are based on the respective IFRS financial statements of the Company. These highlights do not replace the Financial Statements or the MD A and all interested persons are encouraged to read these documents for full understanding of the IFRS results for the three and nine months ended 30 September 2020. Russian ruble amounts below have been translated into U.S. dollars, for sales and other operating revenues, net profit and EBITDA at the average exchange rate during the respective reporting period and for items of Statements of Financial Position at the exchange rate on the last date of the respective reporting period.

In the third quarter of 2020 Tatneft Group produced 6,288 thousand tonnes 44.8 MMbbl of crude oil and 198.3 million cubic meters of gas compared to 5,979 thousand tonnes 42.6 MMbbl of crude oil and 193.4 million cubic meters of gas in the second quarter of 2020. TANECO refinery output in the third quarter of 2020 was 2.7 million tonnes of refined products compared to 2.9 million tonnes of refined products in the second quarter of 2020.

During the nine months of 2020 Tatneft Group produced 19,548 thousand tonnes 139.2 MMbbl of crude oil and 632.2 million cubic meters of gas compared to 22,352 thousand tonnes 159.2 MMbbl of crude oil and 764.9 million cubic meters of gas during the nine months of 2019. TANECO refinery output in the nine months of 2020 was 8.5 million tonnes of refined products compared to 7.2 million tonnes of refined products in the nine months of 2019.

The Company s consolidated sales and other operating revenues on non-banking activities net of export duties and excise taxes in the third quarter of 2020 were 187,370 million rubles US$ 2,547 million as compared to 136,269 million rubles US$ 1,883 million in the second quarter of 2020. The consolidated profit attributable to Group shareholders in the third quarter of 2020 was 35,745 million rubles US$ 486 million as compared to 17,600 million rubles US$ 243 million in the second quarter of 2020.

The Company s consolidated sales and other operating revenues on non-banking activities net of export duties and excise taxes in the nine months of 2020 were 521,923 million rubles US$ 7,374 million as compared to 691,409 million rubles US$ 10,624 million in the nine months of 2019. The consolidated profit attributable to Group shareholders in the nine months of 2020 was 78,597 million rubles US$ 1,110 million as compared to 172,719 million rubles US$ 2,654 million in the nine months of 2019.

The Company s EBITDA* in the third quarter of 2020 was 58,367 million rubles US$ 793 million as compared to 34,312 million rubles US$ 474 million in the second quarter of 2020. However, the Company s EBITDA adjusted for exceptional items* in the third quarter of 2020 was 58,748 million rubles US$ 799 million as compared 34,797 million rubles US$ 481 million in the second quarter of 2020.

The Company s EBITDA* in the nine months of 2020 was 130,366 million rubles US$ 1,842 million as compared to 248,070 million rubles US$ 3,812 million in the nine months of 2019. The Company s EBITDA adjusted for exceptional items* in the nine months of 2020 was 137,904 million rubles US$ 1,948 million as compared 249,447 million rubles US$ 3,833 million in the nine months of 2019.

Total consolidated assets of the Company increased from 1,238,639 million rubles US$ 20,007 million as of 31 December 2019 to 1,265,763 million rubles decreased in US dollar terms to US$ 15,886 million as of 30 September 2020.

Total consolidated liabilities of the Company decreased from 486,509 million rubles US$ 7,858 million as of 31 December 2019 to 457,052 million rubles US$ 5,736 million as of 30 September 2020.

Total consolidated shareholders equity increased from 752,130 million rubles US$ 12,149 million as of 31 December 2019 to 808,711 million rubles decreased in US dollar terms to US$ 10,149 million as of 30 September 2020.

The Company s representatives will discuss the IFRS results for the third quarter and nine months of 2020 on a videoconference on 3 December 2020 at 4pm Moscow time, 1pm London time, 8am US Eastern time. The videoconference will be open to analysts and investors only. To participate in the videoconference a request should be sent to ir@tatneft.net to obtain the details.

* Non-IFRS measures. Please see the MD A for definitions and calculations.


Forward-looking statements: This press-release contains certain statements about future events and expectations that are forward-looking in nature. Any statement in this press-release that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. PJSC Tatneft assumes no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.
19 декабря
Instead of a department store, there appeared exhibitions, a cafe, a museum of folk musical instruments, a language school and a scientific and Almetrika educational center.
21 декабря
The TANECO Complex of TATNEFT Company celebrates the 15th anniversary of the decision to start the construction and the 10th anniversary of obtaining the first product.