Russian oil producer Lukoil's president Vagit Alekperov resigns

摘要

Vagit Alekperov has resigned as president and member of the board of directors of Russia's second-largest crude oil producer Lukoil,the company said in a statement April 21.The move comes after Russia's invasion of Ukraine complicated operations for all Russian energy companies,which are subject to financial sanctions on energy trading,and have seen Western partners withdraw from cooperation projects.Although the company called for an end to the conflict in Ukraine in early March,Alekperov was still sanctioned by the UK.The company had been under US sanctions since Russia's annexation of Crimea in 2014.