Rosneft Shares Fall After CEO Sechin Hit By US Sanctions
MOSCOW, April 28 (Reuters) - Shares in Russian oil company Rosneft fell on Monday after the United States announced sanctions against its chief executive, Igor Sechin, over the Ukraine crisis.
At 0415 GMT, Rosneft's shares were down 2.1 percent although prices rose on the Moscow stock exchanges after Washington said no listed Russian company was included in a list of enterprises to be hit by sanctions.
Sechin is an ally of President Vladimir Putin.
The rouble-traded MICEX was up 0.7 percent to 1,289.5 points. The dollar-denominated RTS index was trading 1.2 percent higher at 1,132.9 points.
(Reporting by Lidia Kelly, Editing by Timothy Heritage)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Ifax: ExxonMobil Sees Russian LNG Plant's Capacity At 6.2MM T/Year (Jun 07)
- Russia State Oil Firm Starts Drilling At New Well Offshore Vietnam (May 15)
- Rosneft Appeals to Market With $2 Billion Buyback, Debt Cut (May 01)