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Sechin: Europe commits energy suicide with sanctions against Russia

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The sanctions imposed on Russia have ended the “green transition” used to manipulate the market, Rosneft CEO Igor Sechin said at SPIEF. In his opinion, Europe is committing “energy suicide” with its sanctions policy on Russia. The head of Rosneft believes that anti-Russian sanctions were “imposed” on Europe, and now it “has lost its subjectivity and chances of becoming not only a political, but also a competitive economic pole, an alternative USA.” “Europe’s energy suicide will have long-term consequences. We are already seeing a decrease in its economic potential, a loss of competitiveness and direct losses for investors,” says Igor Sechin (quoted by RIA Novosti). He also said that the residual “green rhetoric” of Europe contradicts the real state of affairs. “In fact, the green transition is no longer needed as a way to manipulate the market when other, more rude and radical approaches are available. In particular, an attack for the purpose of stealing someone else’s property,”—… .

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