CEO of Rosneft says BP still remains major stakeholder
2022.06.18 11:51
FILE PHOTO: Chief Executive of oil producer Rosneft Igor Sechin attends a meeting with Russian President Vladimir Putin at the Novo-Ogaryovo state residence outside Moscow, Russia February 15, 2021. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS
(Reuters) – Igor Sechin, the head of Russian oil major Rosneft, said on Saturday that BP (NYSE:BP) still remains its largest private shareholder despite having announced its departure in February after Moscow sent troops into Ukraine.
Speaking at the St Petersburg International Economic Forum, Sechin, a long-standing ally of President Vladimir Putin, said BP also still owns stakes in large-scale Rosneft projects including Taas Yuriakh, Kharampurneftegaz and Yermak Neftegaz.
He said dividends accruing to BP would be transferred to special accounts, but did not elaborate further.
