Russia Monitor Monthly no. 5 2020

Page 10

12 May 2020

ROSNEFT’S SECHIN ASKS OFFICIALS RELIEFS DESPITE RECENT MISHAPS Igor Sechin, the head of Russia’s energy giant Rosneft, was the first to blame for Russia’s downfall in the oil price war. Furthermore, he was a key driver of Moscow’s exit from the OPEC pact. Oil prices dropped to record-time lows while Russia made a comeback to the cut deal – yet on worse conditions. Nonetheless, the country’s biggest oil suppliers were wrangling over how to distribute the

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