Rosneft's Sechin Asks Officials For New Tax Reliefs Despite Recent Mishaps
Igor Sechin, the head of Russia's energy giant Rosneft, was the first to blame for Russia's downfall in the oil price war. Furthermore, he was a key driver of Moscow's exit from the OPEC pact. Oil prices dropped to record-time lows while Russia made a comeback to the cut deal –– yet on worse conditions. Nonetheless, the country's biggest oil suppliers were wrangling over how to distribute the country's promised cuts, with Rosneft being in favor of a proportional share. All in all, Sechin's energy group brought on the biggest burden yet hoping to win some state aid instead.