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12 May 2008 14:50 GMT | more prices >>

Tatneft says reserves climb


Wire services

Russian medium-sized outfit Tatneft said today that its proved reserves of crude increased by 228 million barrels to 6.140 billion barrels last year.

The outfit said in a statement its probable reserves of crude and condensate amounted to 2.141 billion barrels as of 1 January this year, up by 146.9 million barrels from a year before.

Tatneft produced 25.74 million tonnes (517,000 barrels per day) of crude last year, reported Reuters.


07 May 2008 07:35 GMT  | last updated: 07 May 2008 08:20 GMT

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