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Rosneft Appoints Executives

Rosneft, the state-owned Russian crude producer, announced several senior management appointments after former TNK-BP executives decided to leave positions they had been offered.

The world's biggest listed crude producer, which paid $55 billion in cash and stock for TNK-BP, said its former head, Eduard Khudainatov, was taking over the production department from Sergei Brezitsky, who had worked at TNK-BP until 2011 prior to being offered the job at Rosneft.

Among the other changes, Marcus Cooper, a veteran of British oil firm BP, will head the Russian firm's trading unit, also taking over from a former TNK-BP employee.

(Reuters)


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