Posted inPower List Oil & Gas Middle East Power 50 2016

Vagit Alekperov

,President,Lukoil

Vagit Alekperov

Vagit Alekperov has been leading Russia’s Lukoil as president since 1993. The oil and gas major controls 1% of the world’s oil reserves and produces 2% of the global oil per day. Lukoil Overseas, which is prominently present in Iraq, last year reported a record increase in output, totalling 112mn barrels of oil equivalent. The increase was due to the start-up of the West Qurna-2 field in Iraq, the company said, adding that an additional 6.8bcm of gas was also produced.

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