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  • cantpickastock cantpickastock Dec 10, 2004 12:54 PM Flag

    PE below 3

    I say that Tatneft is based out of Tartastan.

    Tartastan is an independent country (based on the Tartastan web site).

    Russia does not control Tartastan (there is a treaty between the two).

    Tatneft is 30%+ owned by the Tartastan government (not the russian government)

    tatneft pays taxes to Tartastan and not Russia.