Farkhad Akhmedov

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Farkhad Akhmedov Russian (Фархад Ахмедов) (b. September 15, 1955) is a Russian businessman, and senator with interests in the oil, food and gas industries. A schoolboy when his father, the director of a plant in Baku, Azerbaijan was sentenced to death for state-property embezzlement. Fled to Moscow, studied to be a mechanic; spent several years in the navy; graduated from the Moscow Veterinary Academy's Commodity Research & Animal Commodities department as specialist in fur. Eventually began selling machinery to oil and gas companies and later moved into production himself. Starting in 1993 built up shares in Nortgas, which has a field in the Arctic Circle, from 5% to nearly 100% by 2001, largely by diluting partner Gazprom's stake. In 2005, threatened with the loss of his license, agreed to give Gazprom its shares back. Today owns half the company.

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