Vagit Alekperov


President of PJSC “LUKOIL”.

Graduated from the Azerbaijan Azizbekov Oil and Gas Institute. Doctor of Sciences in Economics. Member of the Russian Academy of Natural Sciences.

Started his career as a drilling rig operator at Caspmorneft; promoted to deputy oil extraction manager. For several years was employed by Surgutneftegas in the Tyumen Region, soon to become First Deputy Director General of Bashneft with responsibility over Western Siberia operations, and later Director General of Kogalymneftegas.

From 1990 to 1991, Deputy Minister of Oil and Gas Industry of the USSR.

At the end of 1991, founded and headed the Langepas, Urai and Kogalym Oil corporation, later to be rebranded as PJSC “LUKOIL”.

At various times, was the chairman of the supervisory board and the board of trustees of Imperial Bank; chairman of Bank Petrocommerce; member of the BODs of Volzhsko-Kamskaya NK PJSC and of some other companies.

Member of the Government Commission on the Fuel and Energy Industry and Mineral Resource Production.

Member of the management committee of the Russian Union of Industrialists and Entrepreneurs: head of the Committee for Energy Security, Energy Efficiency and Development of the Energy Industry.

Author of several books and scientific papers on oil extraction management.

Recipient of state awards.

Member Comments

Current poll

In your opinion, what are the US long-term goals for Russia?

Poll conducted

  1. Korean Peninsula Crisis Has no Military Solution. How Can It Be Solved?
    Demilitarization of the region based on Russia-China "Dual Freeze" proposal  
     36 (35%)
    Restoring multilateral negotiation process without any preliminary conditions  
     27 (26%)
    While the situation benefits Kim Jong-un's and Trump's domestic agenda, there will be no solution  
     22 (21%)
    Armed conflict still cannot be avoided  
     12 (12%)
    Stonger deterrence on behalf of the U.S. through modernization of military infrastructure in the region  
     4 (4%)
    Toughening economic sanctions against North Korea  
     2 (2%)
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