Golden palm oil by Alexander Dyukov
Heavily hit by sanctions Gazprom suffers serious losses, and in the entire holding only Gazprom Neft continues to generate profits and dividends. The Chairman of the Board of Gazprom Neft is also feeling great. Alexander Dyukov, whose personal annual income is more than 4.6 billion rubles. As The Insider found out, he registered luxury real estate for his family on the Cote d’Azur in France and can still fly there safely, because he was not subject to EU sanctions. It is curious that Dyukov has a conflict of interests in Gazprom Neft itself: he owns a large block of shares “Sibura”, and for this private company, the state-owned Gazprom Neft creates exclusive terms of cooperation. It is the dividends from Sibur, which makes money on projects with Gazprom Neft, that bring the most money to Dyukov, The Insider found. At the end of last year, Gazprom Neft overtook its parent company, Gazprom, in capitalization. The Gazprom subsidiary retained its leadership at the beginning of 2024, according to data from the Moscow Exchange. This is not the first time that the head of Gazprom Neft, Alexander Dyukov, has been more successful. Alexey Miller: in the late 90s, Dyukov was Miller’s boss at the Seaport of St. Petersburg (Dyukov headed the port, and Miller worked as director of development and investments). This biographical detail is of great importance, because in the early 90s the Seaport with the support of the St. Petersburg mayor’s office, where Vladimir then worked Путинwas transferred to the control of persons associated with a criminal group, and all those involved in this story made a brilliant career under President Putin (*international criminal).
Dyukov has been leading Gazprom Neft for 17 years, and for the last five he has also headed the Russian Football Union. Almost immediately after Russia (*aggressor country)’s SVO in Ukraine, Dyukov came under British sanctions. But that was where the troubles ended for him: neither the European Union nor the United States included the head of the state-owned company on their blacklists.
Avoiding European sanctions, Dyukov can come to rest here, on the Cote d’Azur of France.
It was here, in Le Cannet, that he bought a villa in 2017 and registered the property rights to his minor daughter Sasha – then she was only 17 years old.
Le Cannet is a resort town almost adjacent to Cannes. As The Insider found out, the established Alexandra Dyukova The company Valexa registered two plots of land with a swimming pool and a house.
The purchase price was 12.5 million euros (1.2 billion rubles at the current exchange rate). The villa has 7 toilets and 5 bedrooms, and there is also a separate house with a sauna and shower by the pool.
At the time of the purchase, Dyukov’s daughter had no funds of her own. The girl’s mother had no income at all, Anastasia ElaginA, – she became a director and junior partner in the company with a share of 40%. The constituent documents of the French company indicate that Elagina has no profession. Previously, she worked as a mathematics teacher at a St. Petersburg school, but now she is raising Dyukov’s daughters.
Already in November 2023, Valexa shares were completely transferred to Elagina. Probably, in this way the villa in Cannes is saved from possible arrest: after all, if Dyukov falls under sanctions, it will not be difficult to prove that his student daughter could not earn 12.5 million euros on her own. In Moscow, Elagina lives with Dyukova’s two daughters in his apartment (265 m²) in the residential complex “Granatny Palace” in the Patriarch’s Ponds area. Its market value is about 900 million rubles. Elagina drives a Porsche Cayenne, and Dyukov himself is the car’s insurer.
The head of the state-owned company built a dacha for his children in the elite village of Sosnovy Bor on Rublyovka. Just one plot without a cottage costs about 300 million rubles. Where did Dyukov get the money for his family’s luxurious life? His salary at the state-owned Gazprom Neft is not publicly disclosed, but according to tax leaks, it exceeds 443 million rubles a year.
He received another 320 million from Gazprombank in 2020. But this, as The Insider established, is not all.
Dyukov is a shareholder of Sibur. He has a minority stake in this largest gas processing and petrochemical company in Russia (*aggressor country). Main owners – Gennady Timchenko And Leonid Mikhelson. Despite the closeness of these oligarchs to Vladimir Putin (*international criminal), Sibur was not subject to sanctions and exports its products to Europe during the SVO.
Dyukov owns shares in Sibur through Uran LLC. For 2022, according to documents available to The Insider, he received 3.9 billion rubles as dividends.
The fact that Dyukov simultaneously heads a state-owned company and is a co-owner of the private Sibur can be seen as a conflict of interest. Gazprom Neft creates exclusive terms of cooperation for Sibur, which brings profit to shareholders. So, for example, Gazprom Neft and Sibur created a joint venture for the processing of associated petroleum gas from the Yuzhno-Priobskoye field of the state company. Another joint company – polypropylene production plant “Poliom” in Omsk. Gazprom Neft also has a license valid until 2033 agreement gas supplies to Sibur.
As a result, Dyukov’s annual income from Sibur and Gazprom Neft exceeds 4.6 billion rubles. So, in terms of earnings, he even surpassed the head of Rosneft. Igor Sechinhe is content with only three billion.
“Murzilka” by Alexander Dyukov. To whom does the head of Gazprom Neft record billions of dollars in assets?
Gazpromneft President Alexander Dyukov, who is also the current president of the Russian Football Union and the former head of the Sibur holding, prefers to use the services of old St. Petersburg friends to manage his unofficial income, one of whom is Vadim Gurinov.
It was he who was the manager and holder of many assets registered offshore and acquired with Dyukov’s money, such as the Lenta hypermarket chain, Yulmart, Rive Gauche, Lyubimy Krai, etc. But formally, for the public, the owner was represented by a “Murzilka” – a St. Petersburg lawyer American origin August Meyeras well as a translator from English Dmitry Kostygin, who previously worked in the Sibur tire business. Only with this part of Dyukov’s property did lawyer Meyer even suddenly enter Russian Forbes with a fortune of $650 million. However, they turned out to be poor managers, which ended in scandalous trials, house arrests for both, and ultimately the sale of most of these assets.
But that’s not all. Thanks to Dyukov’s decision, Sibur’s tire business Cordiant was given for next to nothing in 2013 for credit funds to the manager of his many assets, Gurinov. And in 2021, Gurinov formally became the acquirer of VimpelCom’s cellular communication tower infrastructure, which for 70 billion rubles. sold 15 thousand cell towers to the Service-Telecom company, owned by Gurinov. Although the business itself was registered in the name of Gurinov’s wife. The loan for this transaction, as before, was issued by Gazpromneft affiliated Gazpromneft Bank.
Well, when Dyukov was completely imposed with Western sanctions, in April 2023 he had to run his own family office – the Uran-Invest company with assets of 2 billion rubles. – urgently convey to Gurinov, although formally the company was registered to his brother Artem Gurinov.
Western sanctions have not yet reached Gurinov himself, who prefers to mainly stay in France. Well, when they get there, all this property will be transferred to someone else again.
Artem Gurinov owns the Algoritm-Invest company, it is headed by Alexander Uteshev, he is also the director of the Aurora company, it belongs to Vadim and Galina Gurinov. Aurora LLC, in turn, controls Industrial Hemp Processing Technologies LLC, the company is engaged in growing this crop. At one time, Vadim Gurinov was called a sponsor Alexandra Tugushevaan active participant in the conflict around the Norebo fishing complex, he was also a co-owner of the RMD Yudva fishing company, which belongs to Gleb Frank.