Business News
Putin confidant stays on as Gazprom chief
Mar 22, 2011, 12:13 GMT
Gazprom CEO Alexei Miller (R) and Jurgen Hambrecht (L), Chairman of the Board of Executive Directors of BASF chemical company exchange signed documents during a signing ceremony in Novo-Ogariovo, outside Moscow, Russia, 21 March 2011. Gazprom and BASF signed a memorandum on the joining of Wintershall to South Stream natural gas pipeline project. EPA/SERGEI CHIRIKOV
Moscow - Russian gas giant Gazprom on Tuesday said its chief executive Alexei Miller would have his 10-year tenure extended by another five years.
The St Petersberg-born economist and confidant of Prime Minister Vladimir Putin was appointed as chief executive of the state-owned company in 2001.
His contract is to be extended to the end of May 2016, Moscow- based Gazprom announced on its website.
With Miller at the helm, the company rose to become a leading international business, which has also long been active on the crude oil and electricity markets.
Read more about Energy
Read more about Russia Business
COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
