Former Chancellor Schröder is giving up his position as chairman of the supervisory board at Rosneft, but a new position could now beckon: the energy giant Gazprom has nominated the SPD politician for its supervisory board. However, it is uncertain whether Schröder will take action.

Former Chancellor Gerhard Schröder has officially been nominated for a seat on the supervisory board of the Russian energy giant Gazprom. This was announced by the state-owned company. There has been speculation about this move before. It is still unclear whether Schröder will accept the post. In his only interview with the New York Times since the beginning of the Ukraine war, Schröder left open whether he would accept the nomination for the supervisory board post.

The state-owned company Rosneft announced last Friday that Schröder would not extend his term as head of the supervisory board. Schröder is still the leading lobbyist for the Gazprom subsidiaries Nord Stream and Nord Stream 2. The Gazprom general meeting is scheduled for June 30th.