German  Ex-Chancellor Joins Rosneft Board
German  Ex-Chancellor Joins Rosneft Board

German Ex-Chancellor Joins Rosneft Board

German Ex-Chancellor Joins Rosneft Board

Former German Chancellor Schroder has been elected to the board of Russian energy giant Rosneft. Despite controversy at home, his seat was all but certain as the Russian government had nominated him for the post. On Friday, executives at Russia's state-owned energy giant Rosneft elected former German chancellor, Gerhard Schroder, to their board. Rosneft CEO Igor Sechin, who endorsed Schroder, said his spot on the board would prove beneficial to the energy company, DW reported. "The appointment of Mr. Schroeder to the board of directors as an independent member will obviously facilitate the company's international development, expansion of its presence in Europe and establishment of efficient ties with western partners," he said at the shareholders' meeting, according to the TASS state news agency. Schroder's decision to accept the Rosneft nomination, which was put forward by the Russian government, has been vocally rebuked back in Berlin by all major parties, including his own Social Democrats.


Short URL : https://goo.gl/FTcxsX
  1. https://goo.gl/m9PeSp
  • https://goo.gl/9cYUyV
  • https://goo.gl/vTT3dA
  • https://goo.gl/mnannP
  • https://goo.gl/tWshhP

You can also read ...

Turkey Invites Bidders for Biggest Offshore Wind Farm
Turkey said on Thursday it would be accepting applications for...
Japan Could End Iran Oil Loading
Japan's oil refiners may have to end Iranian crude oil loading...
OPEC Agrees to Hike Production
OPEC agreed on Friday to raise oil production by around 1...
Power Grid Wastage  Cut to Reach 9%
Electricity wastage in the national grid is planned to decline...
Judicious Water Consumption  Vital for Sustainable Development
Energy Minister Reza Ardakanian stressed the need to focus on...
Gasoline Output Rises by 18 ml/d
Iran's gasoline production has risen by 18 million liters per...

Add new comment

Read our comment policy before posting your viewpoints