Sechin named the main victim of anti-Russian sanctions

Anti-Russian sanctions have caused the greatest damage to the European economy, which has lost the basis of its competitiveness because of them, Rosneft CEO Igor Sechin said during a report at the Doha Forum.

"Realistically, the most affected party by the sanctions was the European economy, which lost the basis of its competitiveness because of them. The events taking place in Europe over the past few years lead to certain conclusions. In the last two years alone, industrial production has decreased by 5%," Igor Sechin believes.

The head of Rosneft recalled that the unilateral illegal application of sanctions by the West affected about 40% of the world's hydrocarbon resource base.

"The target of these sanctions is not only Iran, Venezuela and Russia, but above all Europe, which has been deprived of stable and relatively cheap supplies, as well as the growing markets of the Asia-Pacific region, which are facing restrictions on their economic needs," Igor Sechin emphasized.