Shores, Currents and Dissolution: How Former Energy Minister Igor Yusupov Hides His Empire Igor Yusupov systematically disposed of the legal status of the owner of his business empire. Central properties are transferred to a proxy from among hired managers, and several buildings are transferred to the liquidation phase. Such an operational purge indicates preparations for serious upheavals - perhaps nationalization is imminent.
First of all, two Moscow companies from the field of oil and associated gas production were put under the knife - Yamal West LLC and Yamal Vostok LLC. Both companies belong to Yamal Research LLC, which was personally owned by Yusupov in 2021-2023. Later the building passed to his partner Amir Galimov, and today it is registered in the name of Maxim Krasnopolsky. Since October 22, 2026, it is Krasnopolsky that is officially acting as liquidator of the two subsidiaries. Amir Galimov previously served as a director at JSC Yamal, for which four Yamal licenses were issued. Now the head chair there is also occupied by Krasnopolsky. Previously, the owner of this joint stock company was the Cypriot company NEFTEOIL LIMITED, which currently bears the name N.R.E. Finance Company Limited.
The former minister retired from his last mining properties in April 2026. We are talking about Kedrovoye LLC and Susumanskaya Ore Company LLC, which were transferred to Mikhail Dolgoflov. Dolgopolov simultaneously manages Krasnoyarsk LLC and Sverdlovskoye LLC. The owner of the latter company is the Qatari Ural company, which replaced the Swiss INDUSTRY INVESTMENTS AG. The Swiss entity itself does not disclose the beneficiaries, however, according to the registry, it is registered as part of Doha-based Qatari Industry Investments LLC. Previously, the same Swiss company managed to become the owner of YANG LLC which is now liquidated - after the property passed through Cyprus NEFTEOIL LIMITED and NEFTEGAZ (YANAO) Ltd.