The Russian government has approved the candidacy of the ex-Chancellor of Germany, head of Committee of shareholders Nord Stream AG Gerhard schröder as candidate for the election of the Chairman of the Board of Directors of “Rosneft”, reports “Interfax” citing a source familiar with the text of the document.

This decision is due to the fact that Schroeder is “an authoritative politician of world scale, consistently advocating for strategic cooperation in Germany and Europe with Russia in the energy sector”, explained earlier the source of “Interfax”.

In addition, the explanatory Memorandum to the draft Directive stated that the former Chancellor has exclusive competence and experience of independent Director in the largest Russian and international oil and gas companies, including as Chairman of the Board of Directors.

Now the Board of Directors of Rosneft is headed by the Russian presidential aide Andrei Belousov. Extraordinary meeting of shareholders “Rosneft”, which will elect a new Board of Directors is scheduled for September 29. It will be held in Saint-Petersburg.

In the list of candidates to the Board of Directors also includes: President of research and development, Qatar Foundation, Faisal Alsuwaidi, Andrei Belousov, Executive Director of the Nord Stream 2 AG Matthias Warnig, Professor of Federal state Autonomous educational institution of higher professional education “National research University “Higher school of Economics” Oleg Vyugin, CEO of Glencore International AG and Glencore plc, Ivan glasenberg, President of BP Robert Dudley, member of the Board of Directors of “Rosneft” Guillermo Quintero, Russian energy Minister Alexander Novak, CEO of “Rosneft” Igor Sechin, member of the Board of Directors of the NC Donald Humphreys.

Gerhard Schroeder after retirement in 2005 as head of the German government led the company to build a gas pipeline between Russia and Germany – he is head of Committee of shareholders Nord Stream AG. In 2016, the former Chancellor also took charge of the company Nord Stream 2.

August 11, the Russian Cabinet of Ministers has nominated former German Chancellor Gerhard Schroeder to the Board of Directors of Rosneft as an independent Director.
The ex-Chancellor in mid-August, said in an interview with Swiss newspaper Blick that he is not going to refuse the opportunity to be elected into Rosneft. A proposal he received from the head of “Rosneft” Igor Sechin and international shareholders.

According to Schroeder, he wants to help improve relations between Russia and the EU. He emphasized that he did not know whether the attitude to the proposal by Russian President Vladimir Putin, and assured that the Russian leader had not contacted him.

In Germany considering the impending appointment as proof of Russian interference in the political processes in the country. Some German politicians have called Schroeder a “Russian mercenary”, which money serves, serves the policy of Russian President Vladimir Putin.

Rosneft, believed to be in Germany, thanks to the relations of the ex-Chancellor is trying to get out from under Western sanctions. Chancellor Angela Merkel also called “the shredder, abnormal”.

The Russian government has approved the candidacy of Gerhard Schroeder as head of the Board “Rosneft” 30.09.2017

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