Igor Sechin



Igor Ivanovich Sechin (born 7 September 1960 in Leningrad, Soviet Union) is a Russian official, considered a close ally and "de facto deputy" of Vladimir Putin. Sechin is often described as one of Putin's most conservative counselors and the leader of the Kremlin's Siloviki faction, a lobby gathering former security services agents. Until 21 May 2012, he served as Deputy Prime Minister of Russia in Vladimir Putin's cabinet and he is currently the Executive Chairman of Rosneft, the Russian state oil company.

Igor Sechin graduated from Leningrad State University in 1984 as a linguist, fluent in Portuguese and French. In the 1980s, Sechin worked in Mozambique. He was officially a Soviet interpreter. From 1991 to 1996, he worked at St. Petersburg mayor's office, and became a chief of staff of the first deputy mayor, Vladimir Putin in 1994. From 1996 to 1997, Sechin served as a deputy of Vladimir Putin, who worked in the presidential property management department. From 1997 to 1998, Sechin was the chief of the general department of the main control directorate attached to the president, led by Putin. In August 1999, he was appointed head of the secretariat of the prime minister of Russia, Putin. From 24 November 1999 until 11 January 2000, Sechin was the first deputy chief of the Russian presidential administration.

In December 2014, a CNBC article noted that Sechin is "widely believed to be Russia's second-most powerful person" after President Putin.
 

Igor Sechin is lured into Venezuelan swamp

Business17.03.2017

PDVSA invited Rosneft to get a share in the joint venture with the US Chevron.

The Moor has done his job

Officials13.03.2017

FSB General Oleg Feoktistov freed himself from Rosneft.

Kostin confirmed the sale of Khudainatov's IOGC

Business01.03.2017

VTB Bank is interested in expanding the number of shareholders of the Independent Oil and Gas Company, which is now owned by Igor Sechin's ally Eduard Khudainatov. The company bought assets before the fall in oil prices, and now increases the debt, postpones projects and payments on loans.

Igor Sechin got flicked on his forehead

Society01.03.2017

The Court reversed the decision on compensation from RBC in the lawsuit of Rosneft.

Intesa has not yet issued a syndicated loan for the purchase of Rosneft shares

Business01.03.2017

The bank considers the Russian company a very reliable partner.

Rosneft eyes Mexico

Business28.02.2017

The Company may compete for blocks in the Mexican offshore.

Sechin's weird bails

Business27.02.2017

Rosneft is ready to accept the responsibility for $11 billion of loans to third parties.

Net profit of Rosneft has fallen by half

Business23.02.2017

The company estimated the loss from tax maneuver at 165 billion rubles.

Rosneft can sell four oil refineries

Business13.02.2017

Processing has become unprofitable after tax maneuver, some plants suffer losses. Rosneft denies the sale.

Foreign banks have questions to the privatization of Rosneft

Business09.02.2017

Intesa, which gave a loan for €5,2 billion to Glencore and Qatar QIA for the purchase of shares in Rosneft, wants to syndicate it, but may encounter difficulties. Foreign banks are not willing to participate until they know all the details of this transaction.

Shcherbovich asks for peace, but prepares for war

Business07.02.2017

Head of UCP Foundation Ilya Shcherbovich, who failed to win back the money for the non-voting shares of Transneft, offered a 'peace treaty'. But on his own terms.

After the stake in Rosneft, the Qatari fund may buy a stake in a joint venture with Novatek

Business26.01.2017

QIA is negotiating with Igor Yusufov to buy 49% of Yargeo. 

Rosneft makes more banks

Business25.01.2017

The company may buy bank subsidiaries of VEB.

Oil sticks to the hands

Business23.01.2017

Transneft wants to continue to enrich itself at the expense of others.

VTB helped to launch the privatization of Rosneft

Business17.01.2017

The bank issued a loan of 692 billion rubles for the purchase of 19.5% stake in the oil company.

Rosneft is looking for a way out of Algeria

Business09.01.2017

The company wants to get out from its only project in the country.

Qatar and Glencore created three British joint ventures for the deal with Rosneft

Business06.01.2017

Swiss trader Glencore and Qatar investment fund QIA set up three joint companies with registration in the UK as part of the transaction for the purchase of 19.5% of Rosneft shares, as it follows from the data of the British corporate registry.

Ulyukayev braces up for court in camera

Officials03.01.2017

The investigation is sure to proof the guilt of ex-Minister of Economic Development, in particular with the help of records of negotiations. The names of most of his interlocutors are classified.

Sechin's affairs: history of the privatization of the year

Business29.12.2016

Rosneft paid 300 billion rubles for Bashneft . What did it get for that money?

Sale of 19.5% of shares of Rosneft as a secret special operation

Business15.12.2016

The purchase of 19.5% of shares of Rosneft by Glencore and Qatar Investment Authority still raises many questions among economists. It is being prepared in strange secrecy, they say. And last week, like a bolt from the blue, it was announced that the stock of the oil company had been already sold to Glencore and the QIA.   

Igor Sechin gave Rosneft away to his friends and enemies of Russia

Business08.12.2016

The head of Rosneft sold nearly 20% of the state company to Glencore, which is closely associated with the Kremlin-connected billionaire Gennady Timchenko, and to the Qatar Investment Authority, which collaborates with Igor Sechin's advisor, Roman Trotsenko.

Sechin sold Rosneft to foreign investors

Business08.12.2016

Glencore and Qatar sovereign fund buy 19.5% stake in the company for 10.5 billion euros.

Who Framed Yevgeny Dod

Business02.12.2016

Top manager Andrey Rappoport deceived Anatoly Chubais, but stumbled on trying to do the same with Igor Sechin.

Igor Sechin carves up fat sum with Iskander Makhmudov

Business02.12.2016

The head of Rosneft has started a project to launder billions of dollars in unnecessary construction of metallurgical plant in the Primorsky Territory.

Sechin ordered Novaya Gazeta to delete an article on his yacht through court action

Society30.11.2016

The Moscow City Court upheld the decision of the court on the suit of Rosneft to the newspaper. 

25 most expensive CEOs: Forbes annual ranking

Business24.11.2016

Forbes has presented its fifth annual ranking of the most highly paid heads of Russian companies.

Forbes named the most highly paid top managers of Russia

Business24.11.2016

Over the five years of Forbes rankings, the total payment of the Russian top managers were reduced by 2.3 times. The value of the ruble has dropped by approximately the same value.   

Lukashenko wants Bashneft

Business23.11.2016

Belarusian dictator wanted to improve the energy balance.