'No panic': Tatneft to halt new unconventional heavy oil projects as tax concessions scrapped

Company will continue to operate existing heavy oil developments until they are exhausted while formulating new investment and production targets

Heavy loss: Tatneft's Ashalchinskoye heavy oil field in Russia
Heavy loss: Tatneft's Ashalchinskoye heavy oil field in RussiaPhoto: ENERGYBASE.RU
Published 23 October 2020, 09:55Updated 23 October 2020, 09:55