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Tatneft: Reportedly interested in acquiring familiar TAIF-NK refinery

Name: 14/05/2021. Gazprombank: Tatneft: Reportedly interested in acquiring familiar TAIF-NK refinery
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

14/05/2021 | Gazprombank

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Tatneft is ready to consider an offer to purchase the TAIF-NK oil refinery, according to media reports, which add that Tatneft’s refinery TANECO studied potential integration with TAIF-NK eight months ago. However, in mid-2020 the oil products market was hit too hard by the pandemic for the parties to proceed with the deal, and Tatneft is now open to considering a lucrative commercial offer.

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