<p>After reports claimed a Russian billionaire's luxury yacht was seized by German authorities, reports said French officials have immobilized a yacht owned by a company linked to Russia's Rosneft Chief Executive Officer Igor Sechin amid sanctions imposed by the European Union against Russians.</p>

<p>The yacht was reportedly seized by French customs officials near Marseille.</p>

<p><a href="https://www.wionews.com/photos/how-russias-sarmat-intercontinental-ballistic-missile-can-change-battlefield-dynamic-458549">Also Read in Pics:&nbsp;How Russia's Sarmat ICBM&nbsp;can change battlefield dynamic</a></p>

<p>French finance minister Bruno Le Marie was quick&nbsp;to thank French customs officials after it was prevented from leaving the Mediterranean port. Earlier reports said German authorities had seized a super luxury yacht owned by Russian billionaire Alisher Usmanov.</p>

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<p dir="ltr" lang="en">French customs seize yacht of Igor Sechin, Rosneft boss, former KGB agent and Russian deputy prime minister, the closest fo close Putin cronies <a href="https://t.co/XQgx6sG05W">pic.twitter.com/XQgx6sG05W</a></p>
— Pierre Briançon (@pierrebri) <a href="https://twitter.com/pierrebri/status/1499338053206294529?ref_src=twsrc%5Etfw">March 3, 2022</a></blockquote>
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<p><em>Disclaimer: WION cannot independently verify the authenticity of photos and videos shared on social media.</em></p>

<p>The yacht was reportedly taken to Hamburg after it had undergone refitting at a different location. The European Union imposed sanctions on Russian tycoons and prominent people after&nbsp;Russia's invasion against Ukraine.</p>

<p><strong>Watch:&nbsp;‘Go home’: Ukrainians yell at armed Russian soldiers invasion</strong></p>

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/go-home-president-zelensky-to-russia-ukrainians-yell-at-armed-russian-soldiers-invasion-458550/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

<p>The French government had said earlier that it was drawing up a list of assets of ultra-rich Russians&nbsp;with some billionaires believed to be close to Putin's regime.</p>

<p>Rosneft chief Igor Sechin is also reportedly also close to Putin. In another related development, well known Russian billionaire Roman Abramovich who owned the Chelsea football team in England announced that he would be selling the Premier League club. Abramovich declared that the money from the deal would be sent to victims of the Ukraine war.</p>

<p><a href="https://www.wionews.com/photos/ukraine-unleashes-turkeys-bayraktar-tb2-drones-on-russia-is-it-a-gamechanger-458271">Also Read in Pics:&nbsp;Ukraine unleashes Turkey's Bayraktar TB2 drones on Russia</a></p>

<p>The United States and EU announced a slew of sanctions against Russia after President Putin declared on February 24 that his forces had begun conducting military operations in neighbouring Ukraine.</p>

<p>The US and EU sanctions have targeted Russia's financial and airline sector even as US President said targeting Russian oil was "not off the table".</p>

<p>(With inputs from Agencies)</p>


After reports claimed a Russian billionaire's luxury yacht was seized by German authorities, reports said French officials have immobilized a yacht owned by a company linked to Russia's Rosneft Chief Executive Officer Igor Sechin amid sanctions imposed by the European Union against Russians.

After reports claimed a Russian billionaire's luxury yacht was seized by German authorities, reports said French officials have immobilized a yacht owned by a company linked to Russia's Rosneft Chief Executive Officer Igor Sechin amid sanctions imposed by the European Union against Russians. The yacht was reportedly seized by French customs officials near Marseille. Also Read in Pics: How Russia's Sarmat ICBM can change battlefield dynamic French finance minister Bruno Le Marie was quick to thank French customs officials after it was prevented from leaving the Mediterranean port. Earlier reports said German authorities had seized a super luxury yacht owned by Russian billionaire Alisher Usmanov. French customs seize yacht of Igor Sechin, Rosneft boss, former KGB agent and Russian deputy prime minister, the closest fo close Putin cronies pic.twitter.com/XQgx6sG05W — Pierre Briançon (@pierrebri) March 3, 2022 × Disclaimer: WION cannot independently verify the authenticity of photos and videos shared on social media. The yacht was reportedly taken to Hamburg after it had undergone refitting at a different location. The European Union imposed sanctions on Russian tycoons and prominent people after Russia's invasion against Ukraine. Watch: ‘Go home’: Ukrainians yell at armed Russian soldiers invasion The French government had said earlier that it was drawing up a list of assets of ultra-rich Russians with some billionaires believed to be close to Putin's regime. Rosneft chief Igor Sechin is also reportedly also close to Putin. In another related development, well known Russian billionaire Roman Abramovich who owned the Chelsea football team in England announced that he would be selling the Premier League club. Abramovich declared that the money from the deal would be sent to victims of the Ukraine war. Also Read in Pics: Ukraine unleashes Turkey's Bayraktar TB2 drones on Russia The United States and EU announced a slew of sanctions against Russia after President Putin declared on February 24 that his forces had begun conducting military operations in neighbouring Ukraine. The US and EU sanctions have targeted Russia's financial and airline sector even as US President said targeting Russian oil was "not off the table". (With inputs from Agencies)

Now, France targets superyacht linked to Russia's Rosneft chief

<p>Russian oil giant Rosneft on Wednesday announced a deal to supply up to two million tonnes of oil to India this year, adding that Delhi planned to invest in its Arctic projects.</p>

<p>Rosneft has signed a contract with Indian Oil Corporation to supply the oil via Russia's southern port Novorossiysk, it said in a statement.</p>

<p>The Russian state-owned oil company's chief Igor Sechin was in India Wednesday for talks with Oil Minister Dharmendra Pradhan to discuss increasing Russian oil supplies to India, it said.</p>

<p><strong>Also read:&nbsp;<a href="https://www.wionews.com/business-economy/oil-rises-more-than-1-ahead-of-opec-meeting-to-discuss-supply-cuts-284412">Oil rises more than 1% ahead of OPEC meeting to discuss supply cuts</a></strong></p>

<p>They also discussed Russia's offshore and liquified natural gas (LNG) projects, including Vostok Oil in Arctic Siberia, in which the Indian firm had already agreed to participate, Rosneft said.</p>

<p>India and Russia will negotiate terms of India's involvement in Vostok Oil "in the shortest time possible," it added.</p>

<p>Rosneft's Vostok Oil operation in the north of the Krasnoyarsk region is a projected "oil cluster of global importance," according to the company. It received a license to develop the West Irkinsky oil and gas site last year.</p>

<p><strong>Watch:&nbsp;</strong></p>

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<p>Rosneft sees Vostok Oil as a way to increase cargo traffic on the Northern Sea route to 80 million tonnes by 2024 as ordered by President Vladimir Putin.</p>

<p>Since 2017, Rosneft owns 49 per cent of the Indian group Nayara, which operates the country's second-largest refinery in Vadinar.</p>


Russian oil giant Rosneft on Wednesday announced a deal to supply up to two million tonnes of oil to India this year, adding that Delhi planned to invest in its Arctic projects.

Russian oil giant Rosneft on Wednesday announced a deal to supply up to two million tonnes of oil to India this year, adding that Delhi planned to invest in its Arctic projects. Rosneft has signed a contract with Indian Oil Corporation to supply the oil via Russia's southern port Novorossiysk, it said in a statement. The Russian state-owned oil company's chief Igor Sechin was in India Wednesday for talks with Oil Minister Dharmendra Pradhan to discuss increasing Russian oil supplies to India, it said. Also read: Oil rises more than 1% ahead of OPEC meeting to discuss supply cuts They also discussed Russia's offshore and liquified natural gas (LNG) projects, including Vostok Oil in Arctic Siberia, in which the Indian firm had already agreed to participate, Rosneft said. India and Russia will negotiate terms of India's involvement in Vostok Oil "in the shortest time possible," it added. Rosneft's Vostok Oil operation in the north of the Krasnoyarsk region is a projected "oil cluster of global importance," according to the company. It received a license to develop the West Irkinsky oil and gas site last year. Watch: × Rosneft sees Vostok Oil as a way to increase cargo traffic on the Northern Sea route to 80 million tonnes by 2024 as ordered by President Vladimir Putin. Since 2017, Rosneft owns 49 per cent of the Indian group Nayara, which operates the country's second-largest refinery in Vadinar.

Russia boosts oil supply to India

<p>Former Russian economy minister Alexei Ulyukayev was found guilty on Friday of soliciting a $2 million bribe from Rosneft chief executive Igor Sechin in a court case that has shone a rare light on infighting among the Russian elite.</p>

<p>A Moscow court found Ulyukayev guilty of demanding and accepting the bribe on November 14 last year.</p>

<p>State prosecutors had said that Ulyukayev had asked for the bribe in exchange for approving the sale of the state-controlled oil company Bashneft to Rosneft.</p>

<p>Further details of the ruling were expected later on Friday.</p>

<p>Ulyukayev denied the charges. He said he had thought the bag holding the bribe was a gift of expensive alcohol.</p>

<p>In a final hearing before the verdict, Ulyukayev said he was the victim of &quot;a monstrous and cruel provocation&quot;.</p>

<p>Prosecutors have sought a sentence of 10 years in jail.</p>


Prosecutors have sought a sentence of 10 years in jail

Former Russian economy minister Alexei Ulyukayev was found guilty on Friday of soliciting a $2 million bribe from Rosneft chief executive Igor Sechin in a court case that has shone a rare light on infighting among the Russian elite. A Moscow court found Ulyukayev guilty of demanding and accepting the bribe on November 14 last year. State prosecutors had said that Ulyukayev had asked for the bribe in exchange for approving the sale of the state-controlled oil company Bashneft to Rosneft. Further details of the ruling were expected later on Friday. Ulyukayev denied the charges. He said he had thought the bag holding the bribe was a gift of expensive alcohol. In a final hearing before the verdict, Ulyukayev said he was the victim of "a monstrous and cruel provocation". Prosecutors have sought a sentence of 10 years in jail.

Russian ex-minister Ulyukayev found guilty of bribe-taking

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Now, France targets superyacht linked to Russia's Rosneft chief

Russia boosts oil supply to India

Russian ex-minister Ulyukayev found guilty of bribe-taking