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Rosneft denies media reports on Sechin’s transfer to government position

Earlier media reports said the Rosneft CEO could become the prime minister or the first deputy prime minister in the new Russian government

MOSCOW, May 1. /TASS/. A spokesman for Rosneft, Mikhail Leontyev, refuted media reports on Tuesday that the oil company’s CEO Igor Sechin may take a government position.

"We have no such information. The company is working as scheduled and forming a significant part of budget revenues and is responsible before its shareholders, including major international companies and funds," Leontyev said.

"The company’s leadership is working under a contract and the contract of Igor Ivanovich Sechin has been signed, and under it he has to work for two more years - this is exhaustive information," he noted.

Earlier media reports said the Rosneft CEO could become the prime minister or the first deputy prime minister in the new Russian government.