How Did Boris Ivanov Get Started In Oil Gas Mining?

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Gazprom International prospered under Boris Ivanov’s leadership. His journey as director and principal started back in 2007. With his business acumen, the gas mining holding bought into lucrative deals, including the billion-dollar energy plant contract involving Namcor back in 2009. The transaction entailed developing a new, robust energy plant to supply South Africa and Namibia, where Namcor has its base. It was an advantageous alliance for both energy giants; since Gazprom had long sought an opportunity to tap into the booming Kudu gas reserve. What is more, Kudu remains the primary commercialized gas field in Namibia.

That same year, Gazprom entered into a four billion dollar natural resources contract with Venezuela. It was another high-profile transaction for the monopoly gas export powerhouse, handled by its top executive, Boris Ivanov. What was the end goal for both parties? The deal had numerous motives, but the primary objective was to explore mineral development for commercial gains.

A year later, it made a historical discovery, establishing its first-ever commercial gas field in Algeria. At the time, Boris Ivanov headed the global exploration/production division. With this industry-defining revelation, the energy powerhouse had access to untapped European regions; and the resource to realistically increase profit margins across Portugal and Spain.

Boris Ivanov got his initial start in the productive oil and gas sector while working at Unibest Bank. He served the financial services giant for seven long years (1993-2000). A decade earlier, the former foreign affairs minister was handling responsibilities that revolved around US-Russia relations. Following the end of his political career in 1993, he pursued mining and investment banking. It led to him joining the Unibest Bank family, where he assumed evolving executive roles.

While at Unibest, he served as VP, which involved overseeing various oil/gas projects. He eventually launched his own oil/gas mining company in 2011. Mr. Boris Ivanov assumes the role of managing director. He is a graduate of MGIMO (Moscow State Institute of International Relations) university in Russia, where he got his Masters. With his success in the mining sector, he continues to propel forward as an industry pioneer and entrepreneur.

See more: https://www.africaintelligence.com/aem/oil/2014/08/26/gazprom-shifts-into-top-gear,108035286-art