Albert Avdolyan

About Albert Avdolyan

Albert Avdolyan owns Far East and Siberian coal mining and gas companies.

Avdolyan got the investment capital from selling stakes in the Russian telecommunications companies Megafon and Yota.

2 billion tons of coking are proven reserves of the largest in Russia basin Elga. Avdolyan is the major shareholder of the company that keeps the license on extracting coal there.

In 2022 he started construction of a private railroad from coal deposits in Yakutia to the future port on the Sea of Okhotsk, the Pacific railway. Its length is about 500 kilometers.