Who owns Yukos oil?
Who owns Yukos oil?
Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky’s Bank Menatep during the controversial “loans for shares” auctions of the mid 1990s. Between 1996 and 2003, Yukos became one of the biggest and most successful Russian companies, producing 20% of Russia’s oil output.
Who is considered a Russian oligarch?
Russian oligarchs (Russian: олигархи, romanized: oligarkhi) are business oligarchs of the former Soviet republics who rapidly accumulated wealth in the 1990s via the Russian privatisation that followed the dissolution of the Soviet Union.
Who is the biggest buyer of oil from Russia?
Russia is the most sanctioned country in world However, despite a fall in the quantity of Russian crude oil purchased, the European Union (EU) still continues to be its biggest buyer.
Who are the 7 Russian oligarchs?
Boris Berezovsky – United Bank, Sibneft, ORT,. Mikhail Khodorkovsky – Bank Menatep, Yukos,. Mikhail Fridman – Alfa Group,. Petr Aven – Alfa Group,. Vladimir Gusinsky – Most Group, NTV,. Vladimir Potanin – UNEXIM Bank. Alexander Smolensky – Bank Stolichny.
What is an example of an oligarch?
Examples of a historical oligarchies are Sparta and the Polish-Lithuanian Commonwealth. A modern example of oligarchy could be seen in South Africa during the 20th century. Here, the basic characteristics of oligarchy are particularly easy to observe, since the South African form of oligarchy was based on race.
What does it mean to be an oligarch?
What does oligarch mean? An oligarch is one of the select few people who rule or influence leaders in an oligarchy—a government in which power is held by a select few individuals or a small class of powerful people.
