CEO of Rosneft says BP still remains major stakeholder By Reuters

by Msnbctv news staff

© Reuters. FILE PHOTO: Chief Government of oil producer Rosneft Igor Sechin attends a gathering with Russian President Vladimir Putin on the Novo-Ogaryovo state residence outdoors Moscow, Russia February 15, 2021. Sputnik/Mikhail Klimentyev/Kremlin through REUTERS

(Reuters) – Igor Sechin, the pinnacle of Russian oil main Rosneft, mentioned on Saturday that BP (NYSE:) nonetheless stays its largest non-public shareholder regardless of having introduced its departure in February after Moscow despatched troops into Ukraine.

Talking on the St Petersburg Worldwide Financial Discussion board, Sechin, a long-standing ally of President Vladimir Putin, mentioned BP additionally nonetheless owns stakes in large-scale Rosneft initiatives together with Taas Yuriakh, Kharampurneftegaz and Yermak Neftegaz.

He mentioned dividends accruing to BP can be transferred to particular accounts, however didn’t elaborate additional.

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