Russia - 03

Russia: Putin Restrains Sechin’s Ambitions

For the first time in the last few years, President Vladimir Putin has ordered Rosneft CEO Igor Sechin to restrain his ambitions. Putin’s order specifically concerned the latest standoff between Sechin and Transneft President Nikolai Tokarev, but its implications are far wider. Sechin was ordered to dismantle the security team at Rosneft and stop flooding the government with requests for preferential treatment. His ability to challenge his opponents has thus been curtailed, at least temporarily.

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