Tatar oil leaks into Petersburg

Tatarstan will deliver 1.2 million tons of oil to Petersburg per year. The company Petrotatnafta, a branch of which will open in St. Petersburg in the next few days, will delivery the oil. Petrotatnafta, which is registered in Kazan, extracts, transport

<BR>Tatarstan will deliver 1.2 million tons of oil to Petersburg per year. The company Petrotatnafta, a branch of which will open in St. Petersburg in the next few days, will delivery the oil. Petrotatnafta, which is registered in Kazan, extracts, transports, refines and sells Tatar oil. The entire volume of Tatar oil will be refined by the Kirishy oil refining factory Kinef. In 1996 Kinef refined 15.5 million tons of oil and in the first 5 months of 1997- 6.1 million tons. According to governor Vladimir Yakovlev, the economic relations with Tatarstan concerning this contract are the most developmental of all the agreements that were signed among the 12 governments of the former Soviet Union since he was elected. The new enterprise, in which 60% of the stocks belong to Tatarstan and 40% to St. Petersburg city administration, will be one more enterprise operating on the Petersburg market of oil products together will Surgutneftgazom, the Petersburg fuel company and Baltic financing-industrial group.