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Former German Chancellor Gerhard Schroeder and businessman Matthias Varnig have decided to step down from the board of state-owned Russian energy company Rosneft amid escalating controversy over their ties to Russia.
The European Parliament on Thursday called on Schroeder, now 78, to be blacklisted if he did not resign from the board of Rosneft, a move aimed at discouraging him from taking over. Russian company Gazprom, a newly announced appointment.
The day before, Germany had closed Schroeder’s office, whose expenses were borne by taxpayers, following public outrage created by his continued involvement in the Russian energy industry, despite Russia’s attack on Ukraine and his refusal to denounce it. publicly President Vladimir Putin, whom he considers a personal friend.
Rosneft said Schroeder noted “the impossibility of extending the term of the company’s board of directors”, without giving further details, while thanking him and Warnig for their continued support. In recent months, the chancellor was increasingly isolated due to decades of working for state-controlled Russian energy companies. In addition to his role at Rosneft, Schroeder was involved in the North Stream 1 and North Stream 2 pipeline projects, and just weeks before the invasion of Ukraine, Gazprom announced that he had been appointed to its board of directors, which would to be voted on at next year’s annual assembly.
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