Ex-Chancellor Schröder to join Gazprom’s board of directors

Status: 04.02.2022 3:49 p.m

Ex-Chancellor Schröder already has important posts at Nord Stream AG, Nord Stream 2 AG – and at the Russian energy company Rosneft. Now he should also be on the supervisory board of the state-owned company Gazprom.

Former German Chancellor Gerhard Schröder is to get another job in the Russian gas business. The SPD politician and friend of Russian President Vladimir Putin has been nominated for the supervisory board of the state-owned company Gazprom.

The annual general meeting of the energy giants is scheduled for June 30th. Schröder is to replace Timur Kulibayev, a son-in-law of former Kazakh President Nursultan Nazarbayev, who was ousted in the wake of the January riots.

Schröder sides with Russia

The 77-year-old Schröder is already Chairman of the Shareholders’ Committee of Nord Stream AG and Chairman of the Board of Directors at Nord Stream 2 AG. Both gas pipelines under the Baltic Sea connect Russia and Germany. The former chancellor is also the head of the supervisory board at the Russian state energy company Rosneft.

Schröder had recently criticized Ukraine’s demands for arms deliveries in view of the serious tensions with Russia, to Moscow’s great delight, as “saber rattling”. He also blamed NATO for the Russian troop deployment on the Ukrainian border. His partisanship with Russia had triggered widespread criticism in Germany – there were also discussions within his party.

Only on Friday did CSU honorary chairman Edmund Stoiber criticize that Schröder’s commitments and statements not only harmed his own party. “It damages Germany, the SPD and German politics as a whole,” said the former Bavarian prime minister in the “Passauer Neue Presse”. He is now friends with Schröder, “but I have no understanding of what he did and is doing with regard to Putin, Rosneft and Gazprom. I told him that myself,” said Stoiber.


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