Becoming a Russian Oligarch After Rebirth
Chapter 516: Managing Director_1

Chapter 516: Chapter 516: Managing Director_1

When Wang Ye pushed open the door of the conference room, all of the directors inside stood up.

Under the leadership of Khodorkovsky, everyone looked at Wang Ye with smiles on their faces, clapping vigorously.

"Welcome back our great hero! Misha, you did an excellent job!"

With that, Khodorkovsky stepped forward and gave Wang Ye a warm hug.

The enthusiasm of everyone made Wang Ye a little embarrassed...

But he deserved it!

Having secured this cooperation agreement, as long as no major changes occur, the Yukos Group will unquestionably dominate the Russian oil industry for the next 20 years!

Even in the global energy industry, it is one of a handful of giant companies!

After the welcome, Khodorkovsky pulled Wang Ye over to sit down.

"Everyone knows that Misha, on his visit, has secured that huge contract! Once the pipeline is laid, the crude oil exported to the East will account for more than 30% of our production! Moreover, this is a supply contract for 25 years..."

Khodorkovsky said, his face beaming with pride.

Everybody present already knows what he just explained, but even when repeated, it still excites everyone.

Because it represents colossal and steady profits!

Ah, how much more money everyone can share each year...

"I propose to promote Mikhail to the position of Executive Director, in charge of overseeing the group’s work when I am absent!" Khodorkovsky finally said formally.

This was a bit surprising to Wang Ye, as there is a distinction between being a "director" and an "executive director"!

Especially the latter part of Khodorkovsky’s sentence, where he proposed that Wang Ye would oversee the group’s work when he’s away!

This is almost like him gradually transferring the management rights of the group to Wang Ye.

In fact, Wang Ye was not in a hurry, he even hoped this day would come slower!

Unfortunately, Khodorkovsky seemed more anxious than him...

Wang Ye couldn’t oppose, so he could only sit there with a bashful smile on his face, watching everyone unanimously vote in favour of this resolution.

......

As a reward for Wang Ye securing this huge contract, in addition to being promoted to "Executive Director", there was also an appropriate stock incentive!

Again, Khodorkovsky proposed it, and everyone voted in favour.

They granted Wang Ye 3% of the shares of the Yukos Group, to be exercised over a period of three years.

This means that if Wang Ye doesn’t make any major mistakes, or leave the Yukos Group in the next three years, these 3% shares will be securely handed over to him.

Don’t assume that 3% is a little bit, it depends on what company’s shares you’re talking about.

The Yukos Group is a super-giant!

Possibly these 3% of shares are worth more than the entire New Sun Group!

Wang Ye stood up and bowed in thanks. At this point, he didn’t care much about things like stock incentives.

If he were to carefully calculate, his current net worth should be several billion US dollars, he no longer cared about money.

Besides, the Yukos Group may be a "hot cake" in the eyes of others, but in Wang Ye’s eyes, it was a "hot potato"...

There are many industries where one can make big money, and it’s usually a safer way of earning money without any side effects.

Why should he meddle with this "big trouble" then!

You should know that the Kremlin has long been eyeing the energy industry, and they are "sharpening their knives".

In the future, whether it’s crude oil or natural gas, these are core industries that relate to national policy, they must be controlled by the Kremlin.

In order to achieve this goal, they are not afraid to use various means...

......

However, Wang Ye couldn’t talk about these things explicitly with Khodorkovsky, so he had to deal with it slowly, as the saying goes, tackle problems as they arise.

If the situation is not good, he would go straight to Gavriil to make his stance clear...

After the board meeting, others left and Khodorkovsky took Wang Ye to his office.

The assistant brought in two cups of coffee and then left, leaving only the two of them in the room.

Khodorkovsky and Wang Ye each lit up a cigarette, puffing out thick clouds of smoke.

"By the way, I have always wanted to ask you, how did you convince the Chinese to accept this contract? And so decisively! You should know that oil and gas negotiations have continued for many years, and one group after another has negotiated with the Chinese, but none of them have been successful." Khodorkovsky asked curiously.

This question had indeed been troubling him for a few days.

Khodorkovsky also had contact with the Chinese, but at that time, they didn’t seem very interested.

For one thing, the international energy market has been oversupplied for the past two years, causing prices to continue to fall.

Secondly, to transport oil from Russia to China, the transportation method is a bit troublesome and the cost is relatively high.

And with a lot of high-quality cheap oil available in the Middle East, the Chinese don’t have to buy Russian oil...

So, his negotiation also did not make any progress.

However, when Wang Ye "took action", he secured such a huge contract in a few days, and the Chinese agreed so promptly and resolutely, which was really abnormal!

Was it really because Wang Ye’s true identity played a role?

Khodorkovsky didn’t think so, because even if Wang Ye’s true identity is a Chinese, China has a natural good feeling and trust for him.

But this is a contract worth hundreds of billions of US dollars...

It doesn’t matter that Wang Ye is seen as just an ordinary university student in the eyes of China. Even if he were the son of someone important, it would not be reasonable for China to readily hand him such a large contract!

Khodorkovsky was not that naive.

......

Wang Ye smiled, exhaled a perfect smoke ring, and calmly said, "Actually it’s very simple. I just told Chinese authorities something: If a major industrial country only has one lifeline for energy and something happened that could be controlled by others, what would be the consequences!"

These words were a bit profound, and Khodorkovsky, with a frown and holding his cigarette, thought about them for quite a while.

After a good while, he hesitantly asked, "Do you mean..."

Apparently, he still did not grasp the key point.

Wang Ye hinted, "Sea lifeline, a certain Strait of Malacca!"

This time Khodorkovsky finally reacted, his eyes widened in disbelief: "That’s not possible..., we are in the era of international free trade, that situation won’t happen!"

Wang Ye shook his head with a smile and said, hinting at something deeper in his words:

"You always think too highly of some countries!

This world has never been peaceful, there will always be all kinds of conflicts and accidents.

Moreover, resources like oil and gas are not just commodities, they are strategic resources.

Strategic resources that relate to national security!"

Khodorkovsky fell silent, apparently realizing something from Wang Ye’s words.

The reason why he was unable to negotiate a cooperation that Wang Ye could secure,

Is because the two had different frameworks and starting points...