* Sechin: Strait of Hormuz closure has benefitted U.S. oil
producers
* Sechin warns of other route disruptions
* Sechin: UAE departure has undermined some of the OPEC+
potential
By Vladimir Soldatkin and Olesya Astakhova
ST. PETERSBURG, Russia, June 6 (Reuters) - Rosneft
Chief Executive Igor Sechin said on Saturday that U.S. energy
companies were the main beneficiaries of the closure of the
Strait of Hormuz and that Washington was trying to change
the fundamental contours of the global energy markets to suit
U.S. interests.
Iran blockaded the Strait, the main route for about a fifth
of world oil supplies and other vital goods including
fertilisers, after the United States and Israel attacked Iran
and killed Supreme Leader Ayatollah Ali Khamenei in February.
The U.S. has blockaded Iranian ports.
The closues of the Strait has rattled global markets,
sending oil prices to multi-year highs, stoking global inflation
and undermining economic growth world-wide.
Speaking at the St. Petersburg International Economic Forum,
Sechin, a long-standing ally of President Vladimir Putin, also
said that the OPEC+ group of leading oil producers has lost some
of its potential with the withdrawal of the United Arab Emirates
from the alliance.
"The closure of the Strait of Hormuz is an attempt to
reshape global energy market regulations to benefit the United
States. The measures taken to block the strait were aimed at
Iran, but backfired on the entire world. The strategic risks
were underestimated," Sechin said.
"The main beneficiaries, of course, were American companies,
who gained non-competitive advantages and the ability to secure
high-cost supplies," he added.
He warned that following Strait of Hormuz closure, other
major global routes, such as Malacca, Bad El Mandeb and
Gibraltar straits could also be under the risk of disruption.
SECHIN SAYS OPEC+ IS LOSING ITS MOJO
Sechin, who is known for his skepticism about Russia's
cooperation with the Organization of the Petroleum Exporting
Countries, said the OPEC+ group has lost some its potential
following the UAE departure from the alliance as well as
earlier exits of Qatar and other countries.
"As a result, the alliance's production has fallen from 58
to 37 million barrels per day over the past ten years," he said.
Sechin also said that most major OPEC+ members have
increased production since the agreement was signed in 2016. In
Russia, oil production fell by 1.5 million barrels per day.
"This is a 15% decline that will need to be offset by
necessary investments of at least ten trillion rubles. We expect
that investment cooperation between the alliance's member
countries and our country will also expand," Sechin said.
(Reporting by Vladimir Soldatkin and Olesya Astakhova; editing
by Guy Faulconbridge )