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Sechin Convenes Oil Club

Rosneft president Igor Sechin is creating an "oil club" of heads of major oil companies, which held its first meeting at a private lunch Friday, Vedomosti reported.

An executive in a Russian oil company told the paper that the invitation was unexpected and the agenda of the meeting had not been announced.

This is a continuation of the tradition, a Rosneft employee told the newspaper. Meetings were held every Saturday when Sechin was the industry's "curator," and they are expected to continue weekly, but with a smaller number of participants. Energy and gas workers will no longer participate.

(MT)

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