Vagit Alekperov
President of Lukoil from 1993 to 2022, Russian oligarch of Azerbaijani origin.
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As of April 2022, Forbes ranked him as the fourth richest person in Russia.[1] Alekperov, a Russian businessman whose origins are Azerbaijani, served as the head of Lukoil from 1993 until his resignation in 2022.[2][3] Forbes reported that Alekperov had a 36.8% ownership interest in the Spartak Moscow football club.[4]
Life and work
His father worked in the oilfields and died when Vagit was a boy.[5] By 1985 he became first deputy general director of Bashneft, and in 1987 he became general director of Kogalymneftegaz.[6] With President Boris Yeltsin’s help, Alekperov reformed a Soviet state oil corporation into privately run Lukoil in 1993.[1] Vagit Alekperov's birth date is 1 September 1950, and his birthplace was Baku, which was then part of the Azerbaijan SSR.[5]
A Master of Science in Engineering was awarded to Alekperov in 1974 after he completed his studies at the Azerbaijan Oil and Chemistry Institute.[6] From 1979 until 1985, Alekperov was employed at Surgutneftegaz in Western Siberia, a period during which he built a reputation as an expert in the industry.[6] The position of deputy minister for the Oil and Gas Industry of the Soviet Union was given to Alekperov in 1990.[7]
What the cited sources add
Analysts told The Moscow Times that Alekperov resigned out of fears of attracting additional Western sanctions.[1] One analyst stated that Alekperov created Lukoil as a private company and helped create a liberal market model in the oil industry.[1] Another analyst said Alekperov’s departure was entirely caused by being personally sanctioned by Britain.[1] A third analyst suggested Alekperov would likely continue playing a role as an unofficial adviser.[1]
On 9 May 2022, Canada added Alekperov to its sanctions list, which targeted over 1,000 individuals and entities due to the situation in Ukraine.[8]
References
- "Russia's Lukoil Says Longtime CEO Alekperov Resigns", The Moscow Times, 21 April 2022. facts only, no text reused. themoscowtimes.com
- Wikipedia, "Vagit Alekperov" (CC BY-SA 4.0), which cites: "Vagit Yu. Alekperov, President of OAO LUKOIL"; "Russia's Lukoil Says Longtime CEO Alekperov Resigns", The Moscow Times, 21 April 2022 (we also read that source) en.wikipedia.org
- Wikipedia, "Vagit Alekperov" (CC BY-SA 4.0), which cites: "Australia goes further than others with personal sanctions, adds Nabiullina, Lisin and Alekperov to list", interfax.com; "U.K. Hits More Russian Billionaires in Latest Sanctions Salvo", Bloomberg.com, 13 April 2022; "Russia's Lukoil Says Longtime CEO Alekperov Resigns", The Moscow Times, 21 April 2022 (we also read that source) en.wikipedia.org
- Wikipedia, "Vagit Alekperov" (CC BY-SA 4.0), which cites: "Vagit Alekperov", Forbes; "Vagit Alekperov", Forbes Russia; Burgen, "Could sanctions leave oligarchs' super yachts high and dry in Spain?", The Observer, 26 February 2022 (original not read by us) en.wikipedia.org
- Wikipedia, "Vagit Alekperov" (CC BY-SA 4.0), which cites: Maass, "The Triumph of the Quiet Tycoon", The New York Times Magazine, 2 August 2004 (original not read by us) en.wikipedia.org
- Wikipedia, "Vagit Alekperov" (CC BY-SA 4.0), which cites: Vassiliou, "The A to Z of the Petroleum Industry", Scarecrow Press, 24 September 2009 (we also read that source) en.wikipedia.org
- Wikipedia, "Vagit Alekperov" (CC BY-SA 4.0), which cites: Vassiliou, "The A to Z of the Petroleum Industry", Scarecrow Press, 24 September 2009; "Vagit Y. Alekperov 1950— Biography" (we also read that source) en.wikipedia.org
- "Canada blacklists 40 Russian individuals - PM's press service", TASS, 9 May 2022. facts only, no text reused. tass.com
Each numbered sentence above was checked against the source it cites before publication. Sentences citing Wikipedia adapt text from the English Wikipedia article Vagit Alekperov (contributors), used under CC BY-SA 4.0; this entry is available under the same licence. Other sources were used for facts only; no text or images are copied from them.
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Sources
Compiled from Wikipedia and the sources listed below. Text from Wikipedia is available under CC BY-SA 4.0; this entry is adapted from it.
- Wikipedia: Vagit Alekperov (CC BY-SA 4.0).
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