The Gaidar Institute regrets to inform that Vladimir Mikhailovich Lopukhin, Russia’s first Fuel and Energy Minister, member of the first composition of the government under President Boris Yeltsin died at the age of 68 on May 26, 2020.  Earlier, he was diagnosed with the coronavirus COVID-19.
Vladimir Lopukhin was born on May 23, 1952 in Moscow, graduated from the Department of Economics, M.V. Lomonosov Moscow State University and worked at scientific-research institutes.

Vladimir Lopukhin held the office of the Deputy Minister of Economic Affairs of the RSFSR in August-November 1991 and the office of the Fuel and Energy Minister in November 1991 – May 1992. During that period, Vladimir Lopukhin managed to develop the concept of reforming the fuel and energy complex, but President Boris Yeltsin did not approve it. As the Energy Minister, Vladimir Lopukhin was replaced by Viktor Chernomyrdin.

After his resignation, Vladimir Lopukhin held high-ranking positions in major investment companies and banks and was a member of the boards of directors of a number of banks and corporations.

The Gaidar Institute expresses sincere condolences to the relatives and loved ones of Vladimir Lopukhin.