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Ravil Maganov: Chief of Russian oil large Lukoil, crucial of Putin’s battle, dies after falling out of hospital window | Worldwide


Russian President Vladimir Putin and Lukoil President Ravil Maganov in November 2019.
Russian President Vladimir Putin and Lukoil President Ravil Maganov in November 2019.MIKHAIL KLIMENTYEV (AFP)

The president of Russian oil firm Lukoil, Ravil Maganov, died this Thursday after falling out of a window of the Moscow Central Medical Hospital the place he had been admitted for a coronary heart assault, in accordance with the Russian businesses Interfax and TASS.

“Maganov fell from the window of his room on the Central Medical Hospital this morning. He died of his accidents,” an nameless supply informed Interfax. The TASS company mentioned, citing sources from legislation enforcement, that the occasion occurred at 7am Moscow time, and that it was “a dying by suicide.”

His dying comes simply months after the co-founders of Russia’s second-largest oil firm resigned, considered one of them after being positioned on a sanctions lists over the Ukraine battle. Maganov’s dying provides to the alleged suicides of not less than 5 Gazprom executives because the battle started.

The information outlet Kommersant revealed that the sufferer had been identified with a critical coronary heart situation, though it didn’t specify whether or not this was the reason for his presence on the medical heart. Different media reminiscent of Mash and Moskva 24 reported that he was additionally affected by despair. “We deeply remorse to announce that Ravil Maganov, chairman of the board of administrators of Lukoil, has handed away after a protracted sickness,” mentioned the oil firm in a public assertion.

Furthermore, executives at massive Russian firms are at present beneath huge stress. Lukoil, like all different hydrocarbon firms, is feeling the results of Western sanctions. The European Union agreed in Could to chop its oil imports by 90% by the top of the yr, representing round €79 billion.

Opposition to Ukraine battle

Per week after Vladimir Putin ordered his troops to cross into Ukraine, Lukoil was one of many few firms to overtly name for an finish to the battle. “We advocate the fast cessation of the armed battle and duly help its decision by means of the negotiation course of and by diplomatic means,” the corporate mentioned in a press release. “The board of administrators of Lukoil expresses its concern in regards to the tragic occasions underway in Ukraine and extends its deepest condolences to all these affected by this tragedy,” started an open letter launched on March 3. “Lukoil is totally dedicated to strengthening peace, worldwide relations and humanitarian ties.”

Just one different Russian businessman equally defied the Kremlin’s name for unity round what it phrases a “particular operation” to “denazify” and “disarm” Ukraine. It’s the financier Oleg Tinkov, who in Could was pressured to promote his financial institution at a discount value. As soon as he left the nation, his firm, Tinkoff, instantly modified its title.

Maganov had labored labored at Lukoil since 1993 in government positions. He was an government vp and oversaw oil exploration and manufacturing. In 2020, the Lukoil board of administrators appointed Maganov as chairman changing Valeri Greifer, who handed away in April of that yr. “Because of Ravil Maganov’s administration expertise, Lukoil developed from a small crude oil extraction group into one of many world’s main vitality firms,” the corporate mentioned in its assertion.

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