Russian oil company Rosneft: former chancellor Schröder leaves the supervisory board

Status: 05/20/2022 1:38 p.m.

Former chancellor Schröder wants to give up his post as chairman of the supervisory board of the Russian oil company Rosneft. The company announced it. Schröder had declared that it was impossible for him to extend his mandate.

Former chancellor Gerhard Schröder (SPD) wants to leave the supervisory board of the Russian state oil company Rosneft. Schröder, who heads Rosneft’s supervisory board, said it was impossible for him to extend his term on the board. No details or motives were given.

Schröder, 78, a longtime friend of Russian President Vladimir Putin, has recently come under massive pressure over demands in Germany to stop working as an oil and gas lobbyist for Russia because of Russia’s war of aggression. in Ukraine. Among other things, Schröder caused a stir when, amid the escalation ahead of the Russian attack on the neighboring country, he called Ukraine’s demands for arms deliveries a “rattling of sabers”.

Privileges lost, threatened with sanctions

Several requests for expulsion from Schröder’s party are pending at the SPD. Just yesterday, the Bundestag’s budget committee cut funds for the former chancellor’s office and staff – on the grounds that he no longer performs duties related to his former office. Last year, more than 400,000 euros were taken from the state coffers for personnel costs in Schröder’s office. According to the decision, the former chancellor is still entitled to a pension and personal protection. Schröder has the withdrawal of his privileges as former chancellor legally reviewed.

Criticism of Schröder has also grown stronger at the European level since the Russian attack on Ukraine. Yesterday, the European Parliament adopted a resolution in favor of sanctions against Schröder if he kept his jobs in Russian companies despite the war.

Schröder also involved in Nord Stream 2

In addition to his seat on the supervisory board of Rosneft, the SPD politician also holds senior positions in the Nord Stream and Nord Stream 2 gas pipeline projects – two gas pipelines crossing the Baltic Sea connecting Russia and Germany. The imminent commissioning of Nord Stream 2 has now been suspended by the federal government.

According to Rosneft, German businessman Matthias Warnig, who served on the board with Schröder, has also stepped down from the board. Warnig is the head of the operating company Nord Stream 2.

Schröder leaves his job at Rosneft

Georg Schwarte, ARD Berlin, May 20, 2022 1:55 p.m.

Leave a Comment