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London-based 
Azerbaijani 
entrepreneur 
and philanthropist

Nasib
Piriyev
Born 02.06.1981 in Baku, Azerbaijan.

Nasib grew up in Soviet Azerbaijan’s capital city of Baku until 1992 when the family
moved to Moscow. Nasib’s father Nizami was one of the pioneers of post-Soviet
private business sector and started an oil and gas engineering and construction
company in the early 90s. Nasib went to prestigious gymnasium 1520 in Moscow and in
1998 went to study at St. Edward’s boarding school in Oxford, England. 

FAMILY: 
Married to Olena Piriyeva and have three sons: 

Nizami (2002), Tamerlan (2005) and Ali (2011) 

EDUCATION: 
2001 — AIU University in London – Bachelor of Business Administration 

2008 — Moscow State Institute for International Relations (MGIMO), 

Master of Economics in Oil and Gas Industry and Energy Security 

2011 — Moscow National Research University, 

Higher School of Economics, Candidate of Economic Sciences 
NASIB PIRIYEV CURRICULUM VITAE
Energy
Industries
After graduating from AIU University in London (now Regents University) 

Nasib joined family business and headed the development of various projects: 

•  Engineering, development and construction of 500 ton/day 

gas condensate refinery in Kungrad, Uzbekistan (2003)
•  Engineering and development of 1500 ton/day 

oil refinery in Hayratan, Afghanistan (2005)
•  Engineering and development of a 500 ton/day 

oil refinery in Jalal-Abad, Kyrgyzstan (2007)
•  Development of a 10,000 MT oil terminal in Kalmykia, Russia (2008)
•  Establishment and development of an oil products trading company with main offices
in Moscow and active presence throughout Russia, Kazakhstan, Turkmenistan,
Uzbekistan, Afghanistan, Ukraine, Baltics and Turkey (2003-2009)
By 2008 Piriyev family owned one of the largest and most successful private companies
in oil and gas sector of the former Soviet Union region. 
One of the key priorities of the family business had always been the corporate social
responsibility. Nasib Piriyev became very active patron of arts and in 2004 established
Buta Arts Centre — a non-for-profit organization for development of Azerbaijan’s arts
and culture. 
Nizami Piriyev, Tony Blair and Nasib Piriyev
at the signing ceremony of the Loan Agreement with the

European Bank of Reconstruction

and Development (EBRD)

December 2009
AzMeCo plant
NASIB PIRIYEV CURRICULUM VITAE
Azerbaijan
Methanol Company
In 2009 Piriyev family relocated back to Baku to start a new project – development of a
petrochemical complex with a state-of-the-art methanol plant in the heart of it. Azerbaijan
Methanol Company was created and started construction of 2000 ton/day methanol plant. As
Group CEO Nasib’s accomplishments included:

•  Recruitment of top-tier personnel and setting up the legal structure 

and corporate governance for AzMeCo under the guidance of IFC
•  Setting up the finance department and leading the team to create a project finance
package for obtaining a loan from EBRD. After two years of negotiations the EBRD
board approved a 120 million USD limited recourse project finance loan to AzMeCo
which was the largest ever funding package for private company in the Caucasus region 
•  Conducting successful negotiations with other European banks including 

Credit Suisse, BNP-Paribas, DEG, FMO, Black Sea Development Bank and others 
•  Closing finance deals with Russia’s major banks VTB and Sberbank 
•  Leading AzMeCo team to conclude environmental studies and works 

at the methanol plant construction site 
•  Conducting a two-year long negotiations and tender for sales of methanol with
companies like Vitol, Mitsui, Mitsubishi and BP resulting in successful signing of a take-
or-pay contract for methanol off-take with BP
•  Setting up the corporate HRM strategy and leading the efforts to establish AzMeCo as a
brand name in Azerbaijan strongly associated with integrity, efficiency and high-end
technology

The construction of the methanol plant was successfully completed in 2014 and first
product started to flow to international markets. 
Nizami Piriyev, Tony Blair and Nasib Piriyev
at the signing ceremony of the Loan Agreement 

of loan and quasi equity facility provided by 

European Bank of Reconstruction 

and Development (EBRD). 

December 2009.
AzMeCo plant.
NASIB PIRIYEV CURRICULUM VITAE
Investments,
Arts and
Charity
In 2010 Nasib establishes a second line of business for the family by investing in food,
consumer and lifestyle sectors and acquiring franchise and distribution rights for various
brands including DeBeers Diomond Jewelers, Alfred Dunhill, Nina Ricci, Lalique,
Steinway&Sons, WHSmith, Superdry and many others. Gourmet food markets in
Moscow and Baku as well as a chain of American fast food franchise restaurants was
developed in Azerbaijan and Ukraine. 

However Nasib’s main focus and interest outside the oil and gas industry has always
been the art and culture sector. His non-profit Buta Arts Centre grew and created
several branches like Buta Creative Lab (design and artwork), Buta Films (film and media
production) and Buta Festival of Arts in London. 

Nasib personally curated complicated art projects and his accomplishments in this area
include:

•  Producing concert of Placido Domingo in Baku 

and coaching Maestro to perform a song in Azeri language
•  Producing a concert of Andrea Bocelli in Baku 
•  Producing a concert of Ennio Morricone conducting 

Azerbaijan’s State Symphonic Orchestra 
•  Producing a short film “Sonuncu (The Last One)” shot on location in the highlands of
Azerbaijan that went on to win more than 30 awards at prestigious international film
festivals including a place in the final of official program of the Cannes Film Festival in
2014. This film became first ever Azeri-language film to be screened in Cannes
Festival as part of the main competition program. 
With conductor Dmitry Sitkovetsky
and the Royal Philharmonic Orchestra
at 1st Buta Festival Closing Gala concert

March 2010
Royal Festival Hall, Southbank Centre
NASIB PIRIYEV CURRICULUM VITAE
•  Producing and curating a 100 day long quinquennial Buta Festival of Azerbaijani Arts
in London in 2009-2010 that included over 30 performing and visual arts events
across prestigious venues. 
•  Producing and curating the second quinquennial Buta Festival in London in
2014-2015 which covered wider range of Azeri arts and culture at venues like Royal
Albert Hall, Barbican, Sotheby’s and Royal Academy of Arts. 
•  Sponsored and produced numerous books, CDs and films related to Azerbaijan’s art
and culture

In addition Nasib was active in various charitable projects in Baku and London. 

When UNESCO confirmed the world’s oldest known competitive team sport chovgan to
be Intangible Cultural Heritage of Azerbaijan Nasib established the first Azeri
professional polo club in London named Baku Guardians. In May 2014 he organized an
exhibition match and charity event introducing the team to public and having HRH
Prince William captaining the Baku Guardians team. 

The team played the whole season and won two trophies. All proceeds from all events
and matches were donated to charities. The season ended with a Chovgan Twilight Polo
event in September with many guests and celebrities to watch Baku Guardians play polo
at night. 

The Group also sponsored numerous charity events in Azerbaijan thought 2008-2015.
With HRHs Prince William and Prince Harry
at DeBeers exhibition match and charity event

May 2014
Guards Polo Club
NASIB PIRIYEV CURRICULUM VITAE
AzMeCo
AzMeCo Group
corporate presentation
102 pages, PDF

h t t p s : / / w w w . d r o p b o x . c o m / s /
fl5vy3ntux3ebse/AzMeCo%20Group
%20Profile%20May%202018.pdf?
dl=0

NASIB PIRIYEV CURRICULUM VITAE


Link to AzMeCo corporate site
azmeco.com
Appendix 1
Over the years AzMeCo Group grew into a constellation of companies with diverse
expertise and deep knowledge in engineering, procurement and construction of projects
in energy sector. Since inception the Group has invested large share of income in
research and development and owns over 120 patents in processing and manufacturing
oil refining equipment sphere. Finally, the Group has developed specific capacity of
trading of oil and gas products in high-risk territories. 

Below is our corporate profile, webiste and various press publication about AzMeCo. 
Web-puplications

energylivenews.com
usacc.org
ft.com
forbescustom.com
intellinews.com
icis.com
energyglobal.com
ebrd.com
unece.org
en.trend.az
chemweek.com
prnewswire.co.uk
russianinsight.com
bloomberg.com
dailymail.co.uk
Financial Services
NASIB PIRIYEV CURRICULUM VITAE
Appendix 2
In 2019 Nasib established Monsas International Ltd – an investment management and
financial solutions firm that provides a range of financial services to a client base that
include institutions, wealth managers, family offices and high net worth individuals. 

One of the key markets for Monsas is China where the firm has set up a subsidiary office
and acquired a domestic company with leasing license. 



 
 
 
 
 
 
www.monsas.co.uk


H O L D I N G S
Silk Road Holdings Ltd was also established to support Monsas and other
Group entities with strategic communications, PR and government
relations services in UK and China. 



 
 
 
 
 
www.silkroad.holdings

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Nasib n. piriyev short bio

  • 1. London-based Azerbaijani entrepreneur and philanthropist Nasib Piriyev Born 02.06.1981 in Baku, Azerbaijan. Nasib grew up in Soviet Azerbaijan’s capital city of Baku until 1992 when the family moved to Moscow. Nasib’s father Nizami was one of the pioneers of post-Soviet private business sector and started an oil and gas engineering and construction company in the early 90s. Nasib went to prestigious gymnasium 1520 in Moscow and in 1998 went to study at St. Edward’s boarding school in Oxford, England. FAMILY: Married to Olena Piriyeva and have three sons: 
 Nizami (2002), Tamerlan (2005) and Ali (2011) EDUCATION: 2001 — AIU University in London – Bachelor of Business Administration 2008 — Moscow State Institute for International Relations (MGIMO), 
 Master of Economics in Oil and Gas Industry and Energy Security 2011 — Moscow National Research University, 
 Higher School of Economics, Candidate of Economic Sciences NASIB PIRIYEV CURRICULUM VITAE
  • 2. Energy Industries After graduating from AIU University in London (now Regents University) 
 Nasib joined family business and headed the development of various projects: •  Engineering, development and construction of 500 ton/day 
 gas condensate refinery in Kungrad, Uzbekistan (2003) •  Engineering and development of 1500 ton/day 
 oil refinery in Hayratan, Afghanistan (2005) •  Engineering and development of a 500 ton/day 
 oil refinery in Jalal-Abad, Kyrgyzstan (2007) •  Development of a 10,000 MT oil terminal in Kalmykia, Russia (2008) •  Establishment and development of an oil products trading company with main offices in Moscow and active presence throughout Russia, Kazakhstan, Turkmenistan, Uzbekistan, Afghanistan, Ukraine, Baltics and Turkey (2003-2009) By 2008 Piriyev family owned one of the largest and most successful private companies in oil and gas sector of the former Soviet Union region. One of the key priorities of the family business had always been the corporate social responsibility. Nasib Piriyev became very active patron of arts and in 2004 established Buta Arts Centre — a non-for-profit organization for development of Azerbaijan’s arts and culture. Nizami Piriyev, Tony Blair and Nasib Piriyev at the signing ceremony of the Loan Agreement with the
 European Bank of Reconstruction
 and Development (EBRD) December 2009 AzMeCo plant NASIB PIRIYEV CURRICULUM VITAE
  • 3. Azerbaijan Methanol Company In 2009 Piriyev family relocated back to Baku to start a new project – development of a petrochemical complex with a state-of-the-art methanol plant in the heart of it. Azerbaijan Methanol Company was created and started construction of 2000 ton/day methanol plant. As Group CEO Nasib’s accomplishments included: •  Recruitment of top-tier personnel and setting up the legal structure 
 and corporate governance for AzMeCo under the guidance of IFC •  Setting up the finance department and leading the team to create a project finance package for obtaining a loan from EBRD. After two years of negotiations the EBRD board approved a 120 million USD limited recourse project finance loan to AzMeCo which was the largest ever funding package for private company in the Caucasus region •  Conducting successful negotiations with other European banks including 
 Credit Suisse, BNP-Paribas, DEG, FMO, Black Sea Development Bank and others •  Closing finance deals with Russia’s major banks VTB and Sberbank •  Leading AzMeCo team to conclude environmental studies and works 
 at the methanol plant construction site •  Conducting a two-year long negotiations and tender for sales of methanol with companies like Vitol, Mitsui, Mitsubishi and BP resulting in successful signing of a take- or-pay contract for methanol off-take with BP •  Setting up the corporate HRM strategy and leading the efforts to establish AzMeCo as a brand name in Azerbaijan strongly associated with integrity, efficiency and high-end technology The construction of the methanol plant was successfully completed in 2014 and first product started to flow to international markets. Nizami Piriyev, Tony Blair and Nasib Piriyev at the signing ceremony of the Loan Agreement 
 of loan and quasi equity facility provided by 
 European Bank of Reconstruction 
 and Development (EBRD). December 2009. AzMeCo plant. NASIB PIRIYEV CURRICULUM VITAE
  • 4. Investments, Arts and Charity In 2010 Nasib establishes a second line of business for the family by investing in food, consumer and lifestyle sectors and acquiring franchise and distribution rights for various brands including DeBeers Diomond Jewelers, Alfred Dunhill, Nina Ricci, Lalique, Steinway&Sons, WHSmith, Superdry and many others. Gourmet food markets in Moscow and Baku as well as a chain of American fast food franchise restaurants was developed in Azerbaijan and Ukraine. However Nasib’s main focus and interest outside the oil and gas industry has always been the art and culture sector. His non-profit Buta Arts Centre grew and created several branches like Buta Creative Lab (design and artwork), Buta Films (film and media production) and Buta Festival of Arts in London. Nasib personally curated complicated art projects and his accomplishments in this area include: •  Producing concert of Placido Domingo in Baku 
 and coaching Maestro to perform a song in Azeri language •  Producing a concert of Andrea Bocelli in Baku •  Producing a concert of Ennio Morricone conducting 
 Azerbaijan’s State Symphonic Orchestra •  Producing a short film “Sonuncu (The Last One)” shot on location in the highlands of Azerbaijan that went on to win more than 30 awards at prestigious international film festivals including a place in the final of official program of the Cannes Film Festival in 2014. This film became first ever Azeri-language film to be screened in Cannes Festival as part of the main competition program. With conductor Dmitry Sitkovetsky and the Royal Philharmonic Orchestra at 1st Buta Festival Closing Gala concert March 2010 Royal Festival Hall, Southbank Centre NASIB PIRIYEV CURRICULUM VITAE
  • 5. •  Producing and curating a 100 day long quinquennial Buta Festival of Azerbaijani Arts in London in 2009-2010 that included over 30 performing and visual arts events across prestigious venues. •  Producing and curating the second quinquennial Buta Festival in London in 2014-2015 which covered wider range of Azeri arts and culture at venues like Royal Albert Hall, Barbican, Sotheby’s and Royal Academy of Arts. •  Sponsored and produced numerous books, CDs and films related to Azerbaijan’s art and culture In addition Nasib was active in various charitable projects in Baku and London. When UNESCO confirmed the world’s oldest known competitive team sport chovgan to be Intangible Cultural Heritage of Azerbaijan Nasib established the first Azeri professional polo club in London named Baku Guardians. In May 2014 he organized an exhibition match and charity event introducing the team to public and having HRH Prince William captaining the Baku Guardians team. The team played the whole season and won two trophies. All proceeds from all events and matches were donated to charities. The season ended with a Chovgan Twilight Polo event in September with many guests and celebrities to watch Baku Guardians play polo at night. The Group also sponsored numerous charity events in Azerbaijan thought 2008-2015. With HRHs Prince William and Prince Harry at DeBeers exhibition match and charity event May 2014 Guards Polo Club NASIB PIRIYEV CURRICULUM VITAE
  • 6. AzMeCo AzMeCo Group corporate presentation 102 pages, PDF h t t p s : / / w w w . d r o p b o x . c o m / s / fl5vy3ntux3ebse/AzMeCo%20Group %20Profile%20May%202018.pdf? dl=0 NASIB PIRIYEV CURRICULUM VITAE Link to AzMeCo corporate site azmeco.com Appendix 1 Over the years AzMeCo Group grew into a constellation of companies with diverse expertise and deep knowledge in engineering, procurement and construction of projects in energy sector. Since inception the Group has invested large share of income in research and development and owns over 120 patents in processing and manufacturing oil refining equipment sphere. Finally, the Group has developed specific capacity of trading of oil and gas products in high-risk territories. Below is our corporate profile, webiste and various press publication about AzMeCo. Web-puplications energylivenews.com usacc.org ft.com forbescustom.com intellinews.com icis.com energyglobal.com ebrd.com unece.org en.trend.az chemweek.com prnewswire.co.uk russianinsight.com bloomberg.com dailymail.co.uk
  • 7. Financial Services NASIB PIRIYEV CURRICULUM VITAE Appendix 2 In 2019 Nasib established Monsas International Ltd – an investment management and financial solutions firm that provides a range of financial services to a client base that include institutions, wealth managers, family offices and high net worth individuals. One of the key markets for Monsas is China where the firm has set up a subsidiary office and acquired a domestic company with leasing license. www.monsas.co.uk H O L D I N G S Silk Road Holdings Ltd was also established to support Monsas and other Group entities with strategic communications, PR and government relations services in UK and China. www.silkroad.holdings