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Tatneft [RTS: TATN], Russia's sixth largest oil company, said on Wednesday
Tatneft [RTS: TATN], Russia's sixth largest oil company, said on Wednesday its crude output had grown 1.3%, year-on-year, in 2007 to 25.7 million metric tons (188 million barrels).

Tatneft and its subsidiaries handle upstream and downstream operations and account for over 80% of oil output in the Russian Republic of Tatarstan in the Volga area.

Tatneft produced 25.3 million metric tons (186 million bbl) of oil last year and a similar amount in 2005.

Tatneft posted US GAAP net profits of 29.5 billion rubles ($1.2 billion) in the first nine months of 2007.


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