CEO of Rosneft says BP still remains major stakeholder

[June 18, 2022]  (Reuters) - Igor Sechin, the head of Russian oil major Rosneft, said on Saturday that BP still remains its largest private shareholder despite having announced its departure in February after Moscow sent troops into Ukraine.  

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

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.

(Reporting by Reuters; Editing by Kevin Liffey)

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