Russian oil baron who opposed Moscow’s invasion of Ukraine ‘dies suddenly’

Russian oil baron Vladimir Nekrasov has died suddenly, just over a year since a fellow Lukoil company boss died after falling from a hospital window.

Nekrasov, 66, death was announced in a statement by Russia’s Lukoil LKOH.MM.

The “preliminary” findings from doctors are that Nekrasov died of “acute heart failure.”

Nekrasov was the chairman of Lukoil, a company that took an unusual public stand against Vladimir Putin’s war in Ukraine.

The company stated that Nekrasov had worked in the oil and gas sector for almost 50 years but did not comment further on the circumstances around his death.

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The previous chairman of Lukoil, Ravil Maganov, died in September 2022.

Maganov’s death had been met with suspicion though officially he was battling a long-term heart condition when he fell from a sixth-floor window.

Nekrasov was vice-president of Lukoil had the time at took over the chairmanship following the death of Maganov.

He was later awarded the Order of Merit for the Fatherland by former Russian President Dmitry Medvedev.

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Lukoil’s board were seen as not fully backing the Kremlin line when the war in Ukraine was launched.

In a statement signed by Lukoil board members including Nekrasov and Maganov the company expressed “its concern over the ongoing tragic events in Ukraine and its deepest sympathy to all those affected by this tragedy.

“We are in favour of an early cessation of the armed conflict and fully support its resolution through the negotiation process and diplomatic means.”

 

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