Business and delight – How Russian oil large Rosneft uses its corporate jets

by Lionel Casey

Jets used for the corporate tour by means of Russian state-owned oil foremost Rosneft flew as a minimum 13 times to Mallorca, Ibiza, Sardinia, and the Maldives while CEO Igor Sechin or humans from his social circle have been within the same vacation spots.

Using publicly available facts, Reuters tracked 290 Rosneft flights among January 2015 and May 2019. Of those spherical journeys, 96 happened throughout Russian public holidays or between Friday lunchtime in Moscow and Monday morning.

Since the start of 2015, Rosneft company jets traveled 8 times to Sardinia’s Olbia airport, 15 instances to the Maldives and seven instances to Spain’s Palma de Mallorca, according to the flight tracking data from planefinder.Net, flightaware.Com, opensky.Network.Org, and flight-information.Adsbexchange.Com.

Reuters found no public information launched by way of Rosneft or the Russian authorities about official occasions at those destinations, even though the employer does no longer continually reveal information about its conferences.

For a number of the flights to vacation spots, Sechin’s buddies, along with his wife earlier than their divorce and mutual pals, posted images on social media setting them on the equal vicinity as the Rosneft aircraft at the identical time.

Sechin, a close ally of President Vladimir Putin and head of the world’s biggest listed oil organization by way of manufacturing, has now not seemed in social media posts from the vacation inns.

But Reuters did photo a man intently matching his description boarding a Rosneft plane at Palma da Mallorca airport on Aug. 6 remaining yr.

Overall, Reuters determined public facts from Rosneft or the Russian authorities about authentic activities similar to forty-two of the 290 flights.

In a assertion issued on Friday, after the Reuters article was posted, Rosneft said: “the employment contract of Rosneft Chief Executive I. I. Sechin envisages the provision of shipping for him and accompanying participants of his circle of relatives on reputable visits and vacations.”

Rosneft declined to answer designated questions on the flights that Reuters submitted prior to the book, pronouncing the information corporation become conducting “statistics sabotage in the service of the intelligence services of fascinated states.”

The business enterprise did no longer at once reply to observe-up questions from Reuters on Friday inquiring for info of Sechin’s settlement relating to using corporate plane via him and his family.

Among the questions, the business enterprise declined to cope with had been whether or not Sechin’s employment agreement entitled him to use corporate jets for private functions or whether or not Sechin reimbursed the business enterprise for personal flights.

In a respond despatched in April to preceding Reuters questions about the usage of a corporate plane by the buddies or own family individuals of Rosneft employees, the organization said: “No private transport of circle of relatives individuals changed into performed at the expense of the enterprise.”

A supply close to the Rosneft board of directors stated no clause in Sechin’s agreement allowing personal flights were positioned earlier than the board for approval.

Sechin’s use of the corporate plane for the tour to vacation locations – regardless of whether his agreement allows it or now not – is a part of a pattern of wasteful spending by Rosneft, said Vladimir Milov, Russian deputy energy minister till 2002.

Milov is now a critic of the Kremlin, arguing that Putin’s circle is the usage of Russia’s herbal assets wealth for their personal benefit.

He additionally referred to a 2017 order placed by using an agency subsidiary to buy tableware which includes caviar dishes and silver spoons with a complete cost of $83,000.

After Kremlin critic Alexei Navalny disclosed the order on YouTube on May 22, 2017, it changed into canceled tomorrow, in keeping with Rosneft’s website.

The workplace of Kremlin spokesman Dmitry Peskov declined to comment on the Rosneft flights, saying it changed into an inner, company depend. The Russian government’s spokesman did no longer respond to a request for remark.


Between January 2015 and May 2019, Rosneft used a fleet of six enterprise jets registered in Austria and the Isle of Man. They were owned by using Rosneft subsidiaries, chartered via Rosneft, used for legitimate Rosneft corporate journeys, or in most cases all three.

The picture Reuters believes is of Sechin shows him boarding a Rosneft-operated Bombardier 6000 aircraft at Palma de Mallorca airport on Aug. 6, 2018. The image became taken from a public thoroughfare.

The same jet – with tail wide variety M-YOIL – flew into Palma de Mallorca six instances between mid-July and overdue-August, 2018, consistent with flight tracking records and photos taken through Reuters on the airport.

Over that duration, the plane becomes on Mallorca or close by for 27 days, no longer such as the day of arrival or departure.

On July 15, the day a Rosneft flight landed in Palma de Mallorca, the Russian pop singer and Sechin circle of relatives buddy Anita Tsoy published on Instagram that her family’s lengthy-awaited excursion had all started.

On July 19, she posted a photo on Instagram, tagged as having been taken on Mallorca, of her, her 26-12 months-vintage son and her husband, Sergei Tsoy, a senior Rosneft executive.

On Aug. 1, the day after the Rosneft jet landed returned in Moscow, she published a photograph tagged Moscow. “The excursion has come to a cease,” she wrote.

Neither Anita Tsoy nor Sergei Tsoy responded to requests for remark. Rosneft did no longer respond to questions about the flights to Palma.


Rosneft’s company code of behavior, a public report, states that “we do now not use the corporation’s property and assets no longer for the functions meant, or to personal ends or with the aim of extracting private advantage.”

The complete value of the flights isn’t available, but Reuters found documents showing the prices of running one of the personal jets in 2016.

The jet with tail wide variety M-YOIL is operated by using a Singapore-registered employer called AV Asia Developments Pte Ltd, in keeping with Eurocontrol, an inter-governmental aviation frame.

A 2016 monetary file for AV Asia Developments, a hundred percent controlled by way of Rosneft, said the corporation acquired $1.86 million for the charter of the sole jet it operated at the time and extra than $2 million for services related to the same aircraft.

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