Main shareholder of RussNeft Mikhail Gutseriev transferred 37.15% of the company to Cyprus Vemonar Holdings owned by the brother of the businessman Sait-Salam Gutseriev. RussNeft announced the change of its major owner after the EU and Great Britain imposed sanctions against Mikhail Gutseriev. According to the report of the oil company, the deal took place on June 10, while the EU announced the imposition of sanctions on June 21.