Adnan Ahmadzada

Adnan Ahmadzada
Born (1978-01-24) 24 January 1978
Baku, Azerbaijan SSR, USSR
EducationThe Academy of Public Administration under the President of the Republic of Azerbaijan
Western University
Awards

Adnan Azer oglu Ahmadzada (Azerbaijani: Ədnan Azər oğlu Əhmədzadə; born 1978) is a Azerbaijani businessman. He is a former deputy vice president of the State Oil Company of the Republic of Azerbaijan (SOCAR) on investments and marketing.

Early life and education

Ahmadzada was born in 1978 in Baku, Azerbaijan.[1] In 1998, he graduated from the Academy of Public Administration.[1] He received a master's degree two years later[1] from the Western University of Azerbaijan.

Career

In 1998–2005, Ahmadzada worked in the Department of Foreign Economic Relations (since 2003, the Department of Marketing and Economic Operations) of SOCAR as an expert in the Department of Export Operations. From 2005 to 2006 he worked as the General Director of Azertrans LLC. From 2006–2019, he held the following positions in the Marketing and Economic Operations Department of SOCAR: deputy head of the Transport and Expedition Department (2006–2007), head of the Department of Commercial risks in trading operations (2007–2008), deputy chief of the Department of Economic Operations (2008–2010), general manager of SOCAR Marketing and Economic Operations Department (2010–2019).[2] In 2018, he was appointed as executive director of SOCAR Trading.[3][4][5]

In 2019, he was appointed as deputy vice-president of SOCAR on investments and marketing.[6][7] He left SOCAR in 2023, then established ABDA Invest Holding.[8] As of 2024, he was the owner of Oilmar, a marine fuel trading company based in Dubai.[9]

On September 11, 2025, Ahmedzada was arrested and placed in pre-trial detention for four months on charges of sabotage against economic security, abuse of official authority, and large-scale embezzlement.[10] Media reports linked his arrest to the contamination of Azerbaijani Azeri Light crude oil with chlorides, as well as to alleged ties with Russia.[1][11][12] After the arrest, Oilmar conducted a management buy-out to transfer ownership from Ahmadzada to its management team.[13]

On January 13, 2026, Ahmadzada's detention was extended.[14]

Honours

Ahmadzada has been the honorary President of Azerbaijan Koshiki Karate-do Federation since 2023.[15] In September 2015, by order of the President of the Republic of Azerbaijan, he was awarded the Tereggi medal for his services in the development of the oil industry of Azerbaijan.[16][17][18]

References

  1. ^ a b c d Aga, Cavid (2025-09-29). "How Azerbaijan's oil prince went from dining with Messi to facing decades in prison". bne IntelliNews. Retrieved 2025-11-03.
  2. ^ "Adnan Əhmədzadə ARDNŞ-in vitse-prezidentinin müavini təyin edildi" [Adnan Ahmadzadeh appointed Deputy Vice President of SOCAR]. Qlobal.az (in Azerbaijani). 4 November 2019. Retrieved 2023-12-20.
  3. ^ "Аднан Ахмедзаде возглавил SOCAR Trading" [Adnan Ahmedzade has taken charge of SOCAR Trading]. 1news.az (in Russian). 2018-05-31. Retrieved 2023-12-20.
  4. ^ "Adnan Ahmedzade, SOCAR Trading SA: Profile and Biography". Bloomberg.com. Retrieved 2023-12-20.
  5. ^ "SOCAR Trading management changes". Azernews.Az. 2018-05-31. Retrieved 2023-12-20.
  6. ^ "SOCAR-da yeni vəzifə təyinatları olub" [New appointments made at SOCAR]. Report İnformasiya Agentliyi (in Azerbaijani). 2020-06-21. Retrieved 2023-12-20.
  7. ^ "В компании SOCAR произошли кадровые изменения" [Personnel changes have taken place at SOCAR]. Trend.Az (in Russian). 2019-11-04. Retrieved 2023-12-20.
  8. ^ "Former SOCAR Executive Detained in Azerbaijan on Embezzlement Charges". Orda. 2025-09-25. Retrieved 2026-03-19.
  9. ^ Jordan, Jack (September 24, 2025). "Oilmar Owner Arrested in Azerbaijan". Ship and Bunker. Retrieved 19 March 2026.
  10. ^ "Azerbaijan arrests former top oil executive, court says". Reuters. September 24, 2025. Retrieved 20 October 2025.
  11. ^ "Аднан Ахмедзаде задержан за примешивание хлорида к азербайджанской нефти" [Adnan Ahmedzade detained for adulterating Azerbaijani oil with chloride]. Портал РЕПОСТ (in Russian). September 21, 2025. Retrieved 2026-01-14.
  12. ^ Farhadova, Aytan (26 September 2025). "Azerbaijani petrol tycoon arrested for 'contaminating' crude from different sources". OC Media. Retrieved 20 October 2025.
  13. ^ "Oilmar Confirms Completion of Management Buy-Out". Ship and Bunker. October 17, 2025. Retrieved 19 March 2026.
  14. ^ "Продлен срок ареста бизнесмена Аднана Ахмедзаде" [Businessman Adnan Akhmedzade's arrest has been extended]. Oxu.az (in Russian). 2026-01-13. Retrieved 2026-01-14.
  15. ^ "World karate champions from Azerbaijan awarded". Report News Agency. 2023-05-17. Retrieved 2023-12-20.
  16. ^ "Neft sənayesi işçilərinə fəxri adlar verilib". modern.az (in Azerbaijani). 2015-09-18. Retrieved 2023-12-20.
  17. ^ "Neftçilərə fəxri adlar verildi SİYAHI". musavat.com. 2015-09-18. Retrieved 2023-12-20.
  18. ^ "Azərbaycan Respublikasının neft sənayesi işçilərinin təltif edilməsi haqqında". Xalq Qəzeti. Retrieved 2023-12-20.
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