U.S. blacklisted Casimiro resigns from board of Indian refiner Nayara Energy

  • Reuters
  • Commodities News
U.S. blacklisted Casimiro resigns from board of Indian refiner Nayara Energy
Credit: © Reuters.

NEW DELHI, Feb 21 (Reuters) - Didier Casimiro, placed on a sanctions list by the United States earlier this week, on Friday resigned from the board of Indian refiner Nayara Energy, part-owned by Russian oil major Rosneft ROSN.MM , company filings with the Indian government show.

The United States on Tuesday blacklisted Rosneft Trading S.A. (RTSA) and its president and board chairman Casimiro. believes RTSA, which has emerged as an intermediary for the sale of Venezuelan oil, provided a financial lifeline to President Nicolas Maduro's government.

"I hereby tender resignation for the board of directors of Nayara Energy Ltd with immediate effect on account of personal reasons," Casimiro said in his resignation letter.

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