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EU to blacklist Schroeder ousted from Russian oil company

2022-05-20 21:49:58Kosova&Bota SHKRUAR NGA REUTERS
EU to blacklist Schroeder ousted from Russian oil company
Former German Chancellor Schroeder and Putin

Russia's state-owned oil company Rosneft announced on Friday that former German Chancellor Gerhard Schroeder and German businessman Matthias Warnig were leaving the company's board of directors.

The European Parliament on Thursday called on Schroeder, now 78, to be blacklisted if he did not resign from the board of Rosneft, a move aimed at discouraging him from taking over. Russian Gazprom, a newly announced appointment.

Germany closed Mr Schroeder's office on Wednesday, at the expense of taxpayers, following public outrage over his continued involvement in Russia's energy industry, despite Russia's attack on Ukraine and his refusal to publicly denounce President Vladimir Putin, whom he considers a personal friend.

Rosneft said in a statement that it "supports the decisions (of Mr Schroeder and Mr Warnig) and thanks them for their continued support".

Schroeder, Germany's chancellor from 1998-2005, has been a strong supporter of the Nord Stream pipeline, which supplies Germany with gas from Russia, and has been on Rosneft's board since 2017.

Six different sources told the Reuters news agency on Thursday that five more Rosneft foreign vice presidents had left, shortly before the latest EU sanctions on Russia took effect on May 15.

Schroeder did not immediately respond to requests for comment. Reuters news agency failed to contact Mr Warnig.

Mr. Schroeder chairs the Nord Stream shareholder committee, which manages the Nord Stream 1 pipeline, which runs from Russia to Germany via the Baltic Sea, and chairs the board of directors of Nord Stream 2, a second pipeline whose operation was suspended by Germany after Russia launched the attack on Ukraine.

Mr. Warnig was a member of the Stasi secret police during the communist era in East Germany, during almost the same period as Mr. Putin working for the KGB. Mr. Warnig ran Nord Stream until 2016.

He became the CEO of Nord Stream 2 in 2015. The UN imposed sanctions on him on 23 February.

The Nord Stream company confirmed that Mr. Schroeder continues to be its director. Nord Stream 2 has not commented.


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