Russia, the founder of Lukoil Alekperov resigns to save the company from sanctions

MOSCOW-MILAN – He resigned Vagit Alekperov, founder, co-owner, general manager and board member of Lukoil, the second largest Russian oil producer after Rosneft and the largest non-state. The former Soviet Deputy Oil and Gas Minister had taken the reins of Lukoil since his privatization in 1993. His long career ended yesterday, a week after the billionaire was targeted by UK and Australian sanctions. with a brief statement released by the company.