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Carlos Bulgheroni

Carlos Bulgheroni
Carlos Bulgheroni.jpg
Born Carlos Alberto Bulgheroni
(1945-03-09)March 9, 1945
Rufino, Santa Fe, Argentina
Died September 3, 2016(2016-09-03) (aged 71)
Washington DC, US
Residence Buenos Aires, Argentina
Rome, Italy
Nationality Argentine
Alma mater University of Buenos Aires
Occupation CEO, Bridas
Net worth US$ 4.8 billion (September 2016)
Relatives Alejandro Bulgheroni (brother)

Carlos Alberto Bulgheroni (March 9, 1945 – September 3, 2016) was an Argentine businessman prominent in the nation's energy sector, and the country's richest man at the time of his death.

Carlos Bulgheroni was born in Rufino, Santa Fe Province, to a Spanish mother and an Italian father. He enrolled at the University of Buenos Aires, and earned a juris doctor in 1970. Bulgheroni developed lymphoma at age 24, but recovered.

He joined his father Alejandro in Bridas Corporation, founded by the Bulgheroni family in 1948 and by the 1970s one of the largest private firms in the Argentine energy sector. The senior Bulgheroni died in 1985 and left a controlling stake in the firm to Carlos and his elder brother, Alejandro. Carlos Bulgheroni became the firm's chief political point man, establishing good working relationships with the various administrations in power since 1983. He was named president and chairman in 1993; president of the BP-controlled PanAmerican Energy in 1997; of Allis-Chalmers's energy unit in 2006; and of EDIC, a company specializing in the exploration and production of oil and natural gas in the North African, Russian, Central Asian, and Middle and Far Eastern markets.

Bulgheroni obtained, in 1992, some of the first gas exploration concessions granted in Turkmenistan to a foreign energy company. He was further involved during 1997 in negotiations between Bridas and the ruling Taliban faction in Afghanistan to build the Trans-Afghanistan Gas Pipeline from Turkmenistan to Pakistan. These negotiations were in competition with those undertaken by Unocal, and although an agreement with Unocal-led corporation CentGas was reached, the deal was forfeited in January 1998 in favor of one with Bridas. Instability in Afghanistan delayed construction of the pipeline, however, and following the United States Invasion of Afghanistan in October 2001, the Bridas contract was rescinded in favor of the former one with Unocal. In 2006, Bulgheroni indicated interest in Bridas' involvement with the Trans-Afghanistan Pipeline project, which continued to be hampered by the ongoing chaos in the Central Asian nation.


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