I. Sechin participated in the ceremony of Sakhalin-1 platform’s launch

And thus left the meeting of the company’s shareholders early

Rosneft’s shareholders, who came to Khabarovsk to the annual meeting, had to share the company’s President, I. Sechin, with the President of Russia, V. Putin. The top-manager didn’t wait till the end of the meeting and left for Sakhalin to represent the President Putin at a platform constructed by ExxonMobil. But the shareholders were lucky to hear some exact parameters of those unfamiliar with the market Rosneft’s strategy until 2020, in particular the plans on the the increase in extraction by up to 25% and to learn that the sanctions of the USA Government didn’t allow Mr. Sechin to ride a motorcycle with the head of ExxonMobil, R. Tillerson.

In Khabarovsk Rosneft helds the meeting of shareholders for the 2nd time already. In December 2012 appointing the meeting in Khabarovsk the company said the far Eastern Federal District is of strategic importance for it. However, there are not many assets of Rosneft there – the Komsomolsk oil refinery plant, 20% in “Sakhalin-1” and in the future 37.5% in the Far Eastern center of shipbuilding (the President I. Sechin participated in the meeting of shareholders of the center in Vladivostok on June 26th). This time Khabarovsk was chosen spontaneously, sources of Kommersant to Rosneft say. The meeting was planned to be held in Moscow at the Russian Academy of Science but at the last moment I. Sechin the changed his mind. The chairman of Rosneft, A. Nekipelov, mentioned the promise of the President Putin and the Prime Minister D. Medvedev to develop the Far Eastern Federal district.