Putin Energy Czar Igor Sechin Acquires First Shares in Rosneft

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OAO Rosneft Chief Executive Igor Sechin bought his first shares in the state-run company, now the world’s largest traded crude producer by output, that he has led for almost 10 years.

Sechin, who heads an energy commission formed by President Vladimir Putin last year, bought shares worth 0.0075 percent of the company’s charter capital, according to a regulatory filing by the Moscow-based company today, which also listed six other managers that bought stock. The stake is worth about $5.6 million, based on Rosneft shares, which rose 0.82 percent to