Businessman Roman Abramovich’s son is eyeing to Russian oil industry, says Simon Drake-Brockman, chairman of the board of directors of Zoltav Resources. A total of 40% in Zoltav Resources is owned by Arkady Abramovich’s offshore company and in the next six months the company may acquire hydrocarbon assets in Russia and other former Soviet Union countries.
Oil industry interests of Abramovich's son first came out in April 2011 when his firm ARA Capital spent 3 million pounds to gain 26% in Crosby Asset Management, which specializes in investments in the energy sector, and then increased its stake to 40%. Crosby may have tempting prospects in Russia with the son of such a tycoon on board.
According to The Russian Mafia web-site (rumafia.com), Arkady Abramovich will soon turn 18 years old and in autumn he is going to enter in a university in the United States.
According to those who know him, Arkady Abramovich does not make an impression of an educated man, but he is very adventurous. He sincerely believes that his father, Roman Abramovich, controls all the oil in Russia, and without his knowledge no major project can be implemented in this country.
According to another friend of Abramovich, Jr., Arcady has tried to engage in oil trading in Kazakhstan, and accompanied his father on a trip to the gold mines in Chukotka. After his parents divorced in March 2007, Arkady stayed with his mother, but a few years later he moved to his father.