27 августа
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 six months ended 30 June 2021. For convenience 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 second quarter of 2021 Tatneft Group produced 6 966 thousand tonnes 49.6 MMbbl of crude oil and 221.3 million cubic meters of gas compared to 6 463 thousand tonnes 46 MMbbl of crude oil and 196.8 million cubic meters of gas in the first quarter of 2021. TANECO refinery output in the second quarter of 2021 was 3 million tonnes of refined products compared to 2.8 million tonnes of refined products in the first quarter of 2021.

In the six months of 2021 Tatneft Group produced 13 429 thousand tonnes 95.7 MMbbl of crude oil and 418.1 million cubic meters of gas compared to 13 260 thousand tonnes 94.5 MMbbl of crude oil and 433.9 million cubic meters of gas in the six months of 2020. TANECO refinery output in the six months of 2021 was 5.8 million tonnes of refined which is equivalent to the volume of refined products produced in the six months of 2020.

The Company s consolidated sales and other operating revenues on non-banking activities net of export duties and excise taxes in the second quarter of 2021 were 311 051 million rubles US$ 4 191 million as compared to 257 832 million rubles US$ 3 468 million in the first quarter of 2021. The consolidated profit attributable to Group shareholders in the second quarter of 2021 was 48 642 million rubles US$ 655 million as compared to 43 589 million rubles US$ 586 million in the first quarter of 2021.

The Company s consolidated sales and other operating revenues on non-banking activities net of export duties and excise taxes in the six months of 2021 were 568 883 million rubles US$ 7 659 million as compared to 334 553 million rubles US$ 4 823 million in the six months of 2020. The consolidated profit attributable to Group shareholders in the six months of 2021 was 92 231 million rubles US$ 1 242 million as compared to 42 852 million rubles US$ 618 million in the six months of 2020.

The Company s EBITDA* in the second quarter of 2021 was 75 579 million rubles US$ 1 018 million as compared to 65 845 million rubles US$ 886 million in the first quarter of 2021. However, the Company s EBITDA adjusted for exceptional items* in the second quarter of 2021 was 76 082 million rubles US$ 1 025 million as compared 66 641 million rubles US$ 896 million in the first quarter of 2021.

The Company s EBITDA* in the six months of 2021 was 141 424 million rubles US$ 1 904 million as compared to 71 999 million rubles US$ 1 038 million in the six months of 2020. The Company s EBITDA adjusted for exceptional items* in the six months of 2021 was 142 723 million rubles US$ 1 921 million as compared 79 156 million rubles US$ 1 141 million in the six months of 2020.

Total consolidated assets of the Company increased from 1,263,441 million rubles US$ 17,101 million as of 31 December 2020 to 1,383,878 million rubles US$ 19,122 million as of 30 June 2021.

Total consolidated liabilities of the Company increased from 431,851 million rubles US$ 5,845 million as of 31 December 2020 to 487,194 million rubles US$ 6,732 million as of 30 June 2021.

Total consolidated shareholders equity increased from 831,590 million rubles US$ 11,256 million as of 31 December 2020 to 896,684 million rubles US$ 12,390 million as of 30 June 2021.

The Company s representatives will discuss the results for the second quarter and six months of 2021 on a videoconference on 1 September 2021 at 4pm Moscow time, 2pm London time, 9am 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 access details. The videoconference will be recorded.

* 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.
23 августа
The Company organized a regular public council session on education and health care of the region in Aznakayevo.
26 августа
TATNEFT, together with the Institute for Street Art Research (St. Petersburg), began working on the formation of a new public space in Almetyevsk.