Please or Register to create posts and topics.

Putin awards order of the Fatherland to ex-head of Lukoil, former Soviet Union minister of oil and gas

May 4, 2022
Lenta.ru

Russian President Vladimir Putin awarded the former head of the Russian oil and gas company Lukoil Vagit Alekperov with the Order of Merit for the Fatherland, I degree. The corresponding decree is published on the official portal of legal information.

As noted in the document, Alekperov was awarded for services to the state, a great contribution to the development of the fuel and energy complex and many years of conscientious work.

On April 21, the head of Lukoil, Vagit Alekperov, who had been in charge of the enterprise since its foundation in 1993, announced his departure from the company amid personal sanctions imposed on him by the UK. His assets in the country are frozen, and he is also denied entry.

  • In 1990, Alekperov was appointed deputy minister of the Oil and Gas Industry of the Soviet Union and became the youngest deputy energy minister in Soviet history
  • As deputy minister of the oil and gas industry of the Soviet Union, Alekperov was engaged in the formation of the first vertically integrated state-owned energy company, Langepas-Uray-Kogalymneft (which later became Lukoil), which was established in late 1991 as a subsidiary of the Ministry of Fuel and Energy
  • Like many other Russian oligarchs, Alekperov has also moved into banking and media. In May 2006 Alekperov was one of the two main owners of IFD Kapital Group.[
  • Alekperov was born on September 1, 1950 in Baku, Azerbaijan SSR, one of the earliest centers of the international petroleum industry