Tatneft : The Companies of Tatarstan Plan Developing Cooperation with Turkey

TATNEFT and Kamaz signed a number of agreements in Ankara with the largest global corporations and government agencies of Turkey.

The signing ceremony took place as part of the working trip of Rustam Minnikhanov, President of the Republic of Tatarstan, to the Republic of Turkey in the presence of Fuat Oktay, Vice-President of the Republic of Turkey.

TATNEFT and the Ministry of Industry and Technology of the Republic of Turkey signed a memorandum of cooperation in the petrochemical industry. The document was signed by Cetin Ali Dönmez, Deputy Minister of Industry and Technology of Turkey, and Nail Maganov, General Director of TATNEFT Company.

The signed Memorandum allows the development of cooperation in the petrochemical industry in Turkey and, among other important provisions, provides for measures of state support for the projects from the Turkish government in the event of their joint implementation.

On its basis, TATNEFT, together with Turkish partners, will identify promising projects for implementation in Turkey.

A memorandum of understanding was also signed between PJSC KAMAZ and Karba Automotive. The companies plan to consider the possibilities of cooperation in the promotion of fire and waste collection equipment with Karba settings based on the KAMAZ chassis in Russia.

Forward-looking statements: This press release contains certain statements regarding future events and expectations, which are forward-looking in nature. Any statement in this press release that is not a historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ materially. PJSC TATNEFT shall assume no obligation to update such forecasts to reflect actual results, changes in assumptions or changes in factors affecting these statements.