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

Business & Economy May 01, 2018, 10:24

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.

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