The Office of Financial Sanctions Implementation, part of the Ministry of Finance has lifted sanctions on Didier Casimiro, who was a former first vice president responsible for refining and petrochemicals at Rosneft. He joined the company in July 2020 as the first vice-president and left in May of 2022, according to The Wall Street Journal.
The CEO, Igor Sechin, praised his work for strengthening the company’s global presence and creating a successful trading division, noting that Casimiro’s oversight helped Rosneft enter key markets in Europe and Asia through large transactions.
According to Rosneft, Casimiro not only managed the company’s operations, but also owned shares in it. His ownership stake in Rosneft amounted to 0.0043% of the authorized capital.
Rosneft owns more than 40 percent of oil production in Russia and about 14 percent gas production. Rosneft operates in all of Russia’s major oil and gas provinces including Western and Eastern Siberia, the Volga region, the Urals, the Far East, Timano-Pechora, Krasnodar Krai, and Russian offshore. The company operates more than 3,000 gas stations across various regions of Russia.
