Chairman of Russian oil producer Lukoil dies after 'falling from hospital window'

Chairman of Russian oil producer Lukoil dies after 'falling from hospital window'
The chairman of the board of Lukoil, Russia's second-largest oil producer, has died after falling out of a hospital window.
1 min read
01 September, 2022
Lukoil was one of the few companies to criticise the invasion of Ukraine [source: Getty]

Ravil Maganov, chairman of Russia's second-largest oil producer Lukoil, died on Thursday after falling from a hospital window in Moscow, a source familiar with the situation told Reuters.

Some Russian media also reported the death of Maganov, 67, who was also Lukoil's vice president, citing unnamed sources.

No immediate comment was available from Lukoil.

Maganov had worked in Lukoil since 1993, shortly after the company's inception, and had overseen its refining, production and exploration, becoming chairman in 2020. His brother Nail is the head of mid-sized Russian oil producer Tatneft.

Ravil Maganov was a close associate of one of Lukoil's founders, Vagit Alekperov.

Alekperov, a former Soviet deputy oil minister, resigned as president of Lukoil in April, a week after Britain imposed an asset freeze and travel ban on him as part of sanctions over Russia's military actions in Ukraine.

Lukoil also has exploration and production sites in southern Iraq.  As of November last year, one billion barrels of oil had been produced in West Qurna-2, Iraq, according to the Russian company.