Approval has been granted by the Security Council of the Republic of Tatarstan and the Board of Directors of OAO Tatneft for a new oil refining and petrochemical complex in Nizhnekamsk, Republic of Tatarstan. Pursuant to this decision, the implementation of the construction for the project has commenced at an accelerated pace. This refining and petrochemical complex is of great importance for the development of the Republic of Tatarstan. Work on preparing the construction site has commenced and agreements for the development of technical documentation have also been concluded.
09-Sep-05 
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