The Board of Directors of the Russian oil major Rosneft made the decision to appoint Igor Sechin as the chief executive officer of the company for the next five-year term, the company said on Friday, APA reports citing TASS.
The Russian government earlier approved directives to extend the contract of Rosneft CEO Igor Sechin for five more years.
Sechin became the chief executive of Rosneft in May 2012. The company is the largest Russian oil producer. Its liquid hydrocarbons production totaled 4.67 mln barrels a day (230.2 mln tonnes) as of 2019 year-end.