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BREAKING NEWS

BREAKING NEWS

Rosneft CEO accuses U.S. of using energy as a political weapon

Rosneft CEO accuses U.S. of using energy as a political weapon
FILE PHOTO: Chief Executive of Rosneft Igor Sechin attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia June 6, 2019. REUTERS/Maxim Shemetov -
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MAXIM SHEMETOV(Reuters)
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ST PETERSBURG (Reuters) – Igor Sechin CEO of Russian oil group Rosneft said on Thursday the United States was using energy as a political weapon and that the U.S. golden age of energy had become an “era of energy colonialism” for other countries.

Speaking at an economic forum in St Petersburg, Sechin said a third of global oil reserves were currently restricted by U.S. sanctions on Iran and Venezuela and Washington was losing moral ground as a leader of market openness.

(Reporting by Dmitry Zhdannikov; writing by Tom Balmforth; editing by Jane Merriman)

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