Becoming a Russian Oligarch After Rebirth
Chapter 494: Huge Order_1

Chapter 494: Chapter 494: Huge Order_1

Since he couldn’t avoid it, Wang Ye began to prepare diligently for his upcoming trip abroad.

There are three main companies involved in oil import trade in China, namely, United Petrochemical, CNPC International, and Sinopec Oil.

The company he dealt with last time when liaising with Khodorkovsky was CNPC International.

This company is affiliated with the CNPC Group.

But on this trip with the business delegation, Wang Ye might not only be dealing with CNPC International; he may have contact with all three companies.

Wang Ye plans to present a substantial oil trade contract that will likely astound the heads of these three companies...

By then, it would be up to which company has the guts to take it on.

Of course, it is also possible that all three companies will need to collaborate in order to secure this contract.

However, Wang Ye predicted that things wouldn’t go so smoothly and that cooperation wouldn’t be achieved in a short time.

After all, international crude oil prices have been ongoingly low in recent years. It’s typically a buyer’s market, and he predicted that these three companies would play hardball...

This is normal; transporting oil from Russia to China is not cheap.

It’s indeed less convenient and cost-effective than purchasing directly from the Middle East.

........

The afternoon before Wang Ye set off, he visited the Yukos Group headquarters.

This was because he had a proposal for exporting crude oil to China which needed to be discussed in a board meeting.

Wang Ye had pre-discussed the proposal with Khodorkovsky.

After reviewing it, Khodorkovsky was silent for a long time because he was shocked at Wang Ye’s audacity!

Without exaggeration, the amount involved in this contract is higher than the current market capitalization of the Yukos Group...

"Are you crazy! Such a large quantity, can China afford it? Moreover, do they even need this much oil? Even rich developed countries in Europe couldn’t possibly buy so much oil!" Khodorkovsky’s first reaction was disbelief, he couldn’t fathom it!

He even suspected that Wang Ye had made a mistake by adding one or two extra zeros!

However, Wang Ye calmly explained to him:

"Uncle, you’ve overlooked a key condition of the contract. This contract spans twenty years!

It’s not asking them to purchase this much oil all at once.

Of course, we don’t produce this much in a year either.

If you spread it out over twenty years, isn’t the sum not as startling?"

Khodorkovsky thought for a moment, but still shook his head,

"That’s still not possible!

Even if we want to sell, they need to afford it, or need so much oil to make it feasible.

Misha, let me put it this way, if you can really make this massive contract happen, we can give them a preferential price!

Even thirty-six US dollars per barrel would do!"

The current international crude oil price is forty US dollars per barrel, and it’s not easy to sell due to overproduction.

The "36 US dollars per barrel" mentioned by Khodorkovsky is equivalent to a 10% discount.

Do not assume that this discount is insincere; in these kinds of bulk commodities transactions, often involving hundreds of millions of barrels or more, a reduction of four US dollars per barrel is a significant concession.

Because this means yielding profits of hundreds of millions of US dollars!

Wang Ye smiled and asked: "So, Uncle, do you think this proposal can pass through the board meeting? As for the price... I’ll negotiate depending on the situation, but for sure it will not be lower than 36 US dollars per barrel."

Khodorkovsky answered without hesitation: "The question is whether or not you can close this contract? How could such a contract not be approved! If you can really close it, I’m more than willing to surrender my position as chairman to you."

He was dead serious.

Because if Wang Ye could pull off such a disruptive and substantial contract, it would mean that his abilities are more than enough to control the Yukos Group.

Furthermore, there would no longer be issues of insufficient prestige to convince the masses!

Then he can pursue his own "ideals" with peace of mind...

Upon hearing this, Wang Ye quickly shook his head: "No! Even if the contract is concluded, you should still remain as chairman of the Yukos Group. I still have a lot of issues to deal with on my end, and wouldn’t be able to take over Yukos in at least the next year or two. We can discuss this later..."

He genuinely did not want to take over the Yukos Group, especially in the next year or two!

Not because the Yukos Group is a hot potato, but because he fears that once Khodorkovsky steps down as chairman, he may venture into politics...

Wouldn’t that inevitably lead to a conflict with the Kremlin, leaving him stuck in the middle, in a dilemma.

It might even bring him fatal trouble!

Therefore, Wang Ye hopes to delay Khodorkovsky’s entry into the political arena as much as possible.

If he could persuade Khodorkovsky to stay out of politics, that would be best. But if persuasion fails, he would at least have to wait until he had the ability to protect himself!

........

As expected, Wang Ye’s proposal caused a huge stir in the board meeting.

"This... am I seeing this right? Two hundred billion US dollars!" one director said, looking dumbfounded, holding the proposal after just a glance.

"It’s only an estimate, the final amount might fluctuate a little bit." said Wang Ye modestly.

"But the problem is not that, does China have enough foreign exchange to buy our oil? Moreover, as far as I know, they import more oil from Saudi Arabia and other Middle Eastern countries and import very little from our country." Another director expressed incredulously.

"Isn’t that something that can be manipulated? Maybe we could get a share of the pie. I’m leaving tomorrow, I’ll talk to them first." Wang Ye replied.

"I still think it’s impossible, this is too exaggerated! If this really works out, we wouldn’t have to worry about sales for the next twenty years. This contract... If it really gets signed, it will be the keystone for our Yukos Group! Our company’s market value would definitely double or even more!" another director exclaimed.

Wang Ye smiled and casually responded: "I think so too, our Yukos Group’s market value is indeed severely underestimated. Given our annual oil production and our share in the world oil market, the market value of the Yukos Group should be more than what it is."

Actually, Yukos Group is not a publicly listed company, so there shouldn’t be any market value to discuss.

The reason for such a statement was only to express the significance of this contract to the group.

Moreover, Khodorkovsky personally held the highest shareholding among the numerous shareholders of the Group, up to 55%.

The second-largest shareholding was held by the Russian natural gas industry company, which accounts for 20%.

The third-largest shareholding belonged to foreign energy giants...

In short, it’s a complex background.

After expressing their astonishment, everyone had no further comments about the proposal that Wang Ye had presented.

Because the content in this proposal was already beyond their imagination...