PJSC TATNEFT and Slovnaft Company Have Signed a Cooperation Agreement. Possible areas for the development of joint projects aimed at the production of biocomponents for motor fuels, modified road bitumen, and lubricants have been identified within the framework of the signed document. The areas of partnership in the Downstream sector have been determined during the meeting of the TATNEFT management with representatives of the MOL Group (which includes Slovnaft) at the site of the TANECO Refinery and Petrochemical Plants Complex in January 2019.

Slovnaft is a crude oil refining enterprise located in Bratislava, Slovakia. The maximum annual refining capacity is 6 million tonnes of crude oil, which is primarily supplied via the "Druzhba" pipeline. The dominating place in the production portfolio belongs to motor fuel (about 4.5 million tonnes/year), chemicals (200 thousand tonnes/year) and primary plastic materials (400 thousand tonnes/year).

Slovnaft is one of the most technologically equipped oil refineries in Europe. One third part of the motor fuel produced is sold in Slovakia, and two thirds are exported mainly to the Czech Republic, Austria, Poland and Germany. Plastic materials are sold throughout Europe.

The Slovnaft share of the wholesale motor fuels market in Slovakia accounts for more than 60%, while it is about 20% in the Czech Republic and Austria.