Rosneft CEO: Russian Business Can Turn Elsewhere if Sanctions are Passed

Rosneft CEO: Russian Business Can Turn Elsewhere if Sanctions are Passed

Rosneft CEO: Russian Business Can Turn Elsewhere if Sanctions are Passed

ISTANBUL--March 20, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--The chief executive of Russia's state-controlled energy company OAO Rosneft (OP:OJSCY) (Moscow) warned Western nations that Russian businesses could turn elsewhere if Western sanctions related to the Ukrainian crisis are passed. According to a Prime News agency report, Igor Sechin said that current market conditions make it a good time to purchase additional shares.

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