Vagit Alekperov

Alekperov, who stepped down from his position as CEO of Lukoil in April 2022 days after the U.K. and the EU sanctioned him, Former Caspian Sea oil rig worker later became a deputy minister in the Soviet oil industry. In 1991 took three large ministry controlled oil fields and set up Lukoil. Now Lukoil, which he still runs, is Russia's largest independent energy company. It is also developing the giant Western Qurna-2 oil field in Iraq, one of the largest deposits in the world. Alekperov remains its largest shareholder with a 20% stake; ExxonMobil was the second largest investor until it sold out in the past year. Alekperov has a good relationship with the curator of the oil industry in Russia, Igor Sechin.