Becoming a Russian Oligarch After Rebirth
Chapter 808 - 805: Joint Venture Plan (Long - for Monthly Tickets)

Chapter 808: Chapter 805: Joint Venture Plan (Long Chapter for Monthly Tickets)

Several hours later, after a prolonged flight, the plane touched down at the Capital International Airport.

After a smooth landing, Wang Ye and Nalan Yaqi also emerged refreshing from the lounge.

The accompanying personnel had already contacted the Chinese side before departure, and someone would come to pick them up after landing.

Sure enough, several minibuses were parked on the apron.

Personnel from the Ministry of Commerce and CNPC were in charge of receiving Wang Ye and his group.

This time, the reception was naturally not as grandiose as the last visit, after all, Wang Ye was visiting on a business trip under the name of "Yukos Group," and it was not suitable for the domestic side to use official names for high-standard receptions.

Therefore, it was much more low-key.

Deputy Minister Li from the Ministry of Commerce and Mr. Chen from CNPC, both of whom had met Wang Ye during his last visit, were not strangers.

After a brief greeting, they led the group onto the minibus and took the diplomatic green channel through customs.

On the bus, Deputy Minister Li expressed his enthusiasm, welcoming the friends from Yukos Group to invest and set up factories in China, stating that the Ministry of Commerce would fully support it as long as it complied with domestic laws and regulations.

Clearly, his statement conveyed friendliness.

First, it emphasized that Yukos Group was a "friend" of China.

Thanks to Wang Ye’s efforts in establishing a long-term cooperation between China and Russia regarding oil and natural gas, Yukos Group had become China’s largest oil supplier!

Secondly, it subtly informed Wang Ye that as long as the demands were not too excessive, and China could satisfy them, they would try to fulfill his needs.

Of course, the precondition was legality and regulation!

Wang Ye was no greenhorn, always dealing with elites from both political and business circles, he was well accustomed to this mode of speaking.

In fact, he was quite adept at this style of communication...

With a slight smile, Wang Ye responded, "Yukos has already established a solid foundation for cooperation with your side, and with the persistently rising prices of oil and natural gas in the international market, you will increasingly appreciate the value of that superb contract!

Of course, we have energy, and you have the market, our cooperation is a win-win scenario.

This time, I come with sincerity, let’s not forget, the Chinese people are also my old friends, how could I possibly seek profit at the expense of my friends’ interests."

As the international economy gradually warmed up by the second half of 2003, the international crude oil prices indeed started to climb.

And when China and Russia signed that superb contract, it was when the international energy prices were at their lowest!

Back then, there was quite a bit of dissent within China, believing the contract price was a bit too high, to China’s disadvantage.

But looking back now, one can see who truly got the better deal in that contract!

As for Wang Ye’s mention of "old friends," it had a dual meaning, it was just uncertain whether Deputy Minister Li would understand the second layer...

Because only those aware of Wang Ye’s "true identity" would grasp his meaning.

......

Deputy Minister Li had a smile on his face, but did not immediately respond to Wang Ye.

However, Mr. Chen from CNPC laughed heartily and said:

"Whether from our company’s perspective or from the market perspective, I welcome Yukos to invest in China.

Large oil refinery bases require enormous investment, and with the domestic market developing too quickly, relying solely on our own strength is indeed a bit slow in keeping up with the times.

Therefore, introducing foreign investment is a necessity.

Since we’re going to introduce foreign investment, why not prioritize Yukos, with whom we have a good foundation of cooperation?

I’ve heard that some companies are in negotiations with BP Company, trying to bring BP into the domestic market!"

From his remarks, Wang Ye learnt about a new situation.

That is, there’s already "competition" that has gotten ahead of Yukos, wanting to enter the domestic market!

BP is also a European energy giant, a company from the British Peninsula; BP’s full name is "British Petroleum Company,"...

and its strength is indeed on par with the Yukos Group!

Wang Ye was familiar with BP because he had worked and lived in Peng City in his previous life, where there were quite a few BP gas stations.

Moreover, drivers often said that the gasoline quality at BP gas stations was better.

He also knew that the joint venture oil refinery established by BP and a domestic petrochemical company was located in a certain city in Western Guangdong.

Therefore, BP gas stations were mainly built within the boundaries of Guangdong Province.

Inferring from Mr. Chen’s nuanced comments, it seemed that their company’s "old rival" was in contact with BP Company, so they approached Yukos as a form of friendly competition.

Given this, from CNPC’s standpoint, Mr. Chen probably hoped to facilitate this cooperation.

With that in mind, Wang Ye felt reassured.

Compared with BP Company, Yukos had immense advantages!

Not to mention anything else, just on the issue of crude oil alone, Yukos held a significant edge.

Once the oil refinery base is built, it needs crude oil supplies, right? Where would BP get their crude oil from?

Whereas Yukos could transport it directly through the pipeline under construction, with an extremely low cost!

However, this meant that the refinery base could only be built in the Northeast since that’s where the pipeline connection was.

Extending it to the south would add a substantial transport cost, thus becoming not so economical.

As far as Wang Ye knew, the transport radius for refined gasoline was about a thousand kilometers; any further would be inappropriate considering safety and cost.