Tatneft' : TATNEFT Company Became a Member of ATIEL

TATNEFT Company became a member of the technical association of European motor oil producers ATIEL (Association Technique del'Industrie Européenne des Lubrcants).

The TATNEFT's application for membership in this authoritative community was filed in May 2017.

After the work performed on the implementation of the ATIEL practice code and the EELQMS (European motor oil quality management system) quality system in August 2017, JSC TANECO was introduced by ATIEL in the list of companies guided by the principles of the ATIEL and EELQMS practice code, as a manufacturer of base oils and OOO Tatneft-AZS Center as a seller of motor oils, which allowed to begin working on obtaining automotive manufacturers' approvals and the API licensing of motor oils produced by PJSC TATNEFT.

To make a positive decision, ATIEL experts thoroughly studied the Company's financial and operating performance. PJSC TATNEFT was approved by vote as the 23rd member of the ATIEL association on December 12, 2017 at the ATIEL General Assembly (Brussels, Belgium). Thus, the Company became the third (after PJSC LUKOIL and PJSC Gazprom Neft) domestic company, which was included as a member of this European organization, which includes such world oil majors and lubricants producers as Total, BP-Castrol, Chevron, Shell, Eni, Exxon Mobil, Fuchs, Valvoline, Neste oil, SK Lubricants, Galp, and Idemitsu.

The membership in ATIEL provides a number of advantages for the Company. In particular, it allows:

- being aware of the latest trends in the global the motor oil business and the continuously updated requirements of automakers in connection with the development of the automotive equipment;

- participating in the work of the association, taking an active part in quarterly meetings.

So, the presence in the commission on interchangeability of base oils will allow participating in the development of cost-effective, technically reliable rules for transferring results on the interchangeability of base oils.

The interest to the ATIEL membership on the part of TATNEFT is largely determined by the fact that the Company is a producer of base oils. At present, The Company is selling to consumers iso-paraffinic base oils TATNEFT HVI-2 and TATNEFT VHVI-4, produced at the TANECO Complex in Nizhnekamsk.

Reference Information

ATIEL is one of the world's largest communities of lubricants' manufacturers and sellers. It was founded in 1985. ATIEL is registered in Brussels, as a European Economic Interest Group (EEIG) and is a non-commercial, non-profit, non-political organization. The main tasks of ATIEL are the improvement and creation of new quality standards for the of lubricants, promotion of these new standards in the world market, solution of issues related to environmental requirements, as well as the exchange of experience, knowledge and looking for the ways to more intensive cooperation with European automotive organizations. This association developed a set of recommendations and rules widely used in the industry for the production of the highest quality lubricants that would meet the requirements of automobile associations and car manufacturers. The world's largest oil producers, including BP-Castrol, Chevron, Exxon Mobile, Shell, Total, with continuous assistance from the European Automobile Manufacturer's Association (ACEA) and suppliers of additive technologies (ATC) solve issues related to the development of the motor oil producing industry.