German Schroeder quits Rosneft board as backlash grows

BERLIN (AP) — Former German Chancellor Gerhard Schroeder is considering quitting the board of Russia’s state-owned energy company Rosneft in reaction to its ties to Russia and its energy sector.

Schroeder, 78, is chairman of the board of Rosneft. Roseneft said on Friday that Schroeder announced “the impossibility of extending his powers to the company’s board of directors.”

The announcement came a day after German lawmakers agreed to strip Schroeder of his taxpayer-funded office and staff.

Schroeder, 78, led Germany from 1998 to 2005. He has become increasingly isolated in recent months due to his work for state-controlled Russian energy companies.

In addition to Rosneft work, he has been involved in the Nord Stream and Nord Stream 2 gas pipeline projects.

Weeks before Russia invaded Ukraine, Russian state gas company Gazprom said Schroeder had been nominated to join its board. The appointment was due to be voted on at Gazprom’s annual general meeting next month.

Earlier this year, several office workers quit and Schroeder faced a fresh wave of outrage from former political allies after the New York Times quoted him as saying that a massacre in Bucha, outside the Ukrainian capital, “must be investigated,” but he did not think the orders to kill Ukrainian civilians would have come from Russian President Vladimir Putin, a longtime friend.


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