Reborn Russia As An Oligarch

Chapter 632 Stuck in the Neck

After taking the group photo, the little girls left happily, every one of them elated.

After all, the opportunity to take a photo with a big shot like Mikhail may only come once in a lifetime.

Besides, Mikhail has already become the deputy speaker of the Duma at such a young age, becoming one of the top people.

Maybe in a few years, we can even take a step up, and that would be incredible.

From now on, I will take this photo and brag about it to my boyfriend, even my children and grandchildren...

Before Wang Ye and Rosiana walked out of the hall, Alexei quickly caught up with them from behind.

"Misha, let me take your car back together later. I have something to talk to you about."

Wang Ye nodded, of course there is no problem.

…………

At the bottom of the steps, the motorcade was already parked there and the cars had started.

There were a dozen or so large black Land Rovers in a row, which looked very grand. Others would know at a glance that this was a trip for a big shot.

In comparison, Alexei's car is much shabby.

It's just an ordinary BMW 7 Series. It's a bit old, not the latest model, and it doesn't have flash lights on it.

Alexey said a few words to the driver and asked him to drive behind Wang Ye's motorcade, and then he got into the same car as Wang Ye.

After waving goodbye to the ambassador, the motorcade slowly drove out of the embassy and turned onto the street.

In the car, Alexei and Wang Ye sat in the back row, making it easier for them to chat, while Rosiana sat in the passenger seat.

We casually chatted about tonight's dinner without rushing to get to the point.

Alexei's face looked a little haggard, as if he was several years older than before. It seemed that his job as the Minister of Energy was not easy to do, and it was hard work.

After a while, Wang Ye saw that Alexei hadn't gotten down to business yet, so he smiled and said, "Tell me, whatever it is, I'm an old friend, so don't be embarrassed to speak."

Alexei paused, hesitated, and looked a little solemn.

Then he said: "Recently, there have been some calls in our ministry to take back the energy export rights of some private companies."

When Wang Ye heard this, he also frowned.

What does it mean to take back energy export rights from private companies?

Could it be that he is targeting... Yukos!

Seemingly seeing Wang Ye's suspicion, Alexei nodded and said:

“You guessed it right, the export rights of the domestic natural gas industry are basically in the hands of Gazprom. This company is a state-owned company, so the natural gas industry is equivalent to a state-owned monopoly.

Within the energy industry, the largest share is occupied by private companies, namely the petroleum industry.

Among them, Yukos Group alone accounts for about 80%, and state-owned companies have almost no say.

Although Yukos has huge advantages in terms of oil fields and production volume, no one can compete with it, and no one can touch it without legal reasons.

However, this oil export right is granted by the Ministry of Energy and has a limited number of years.

Yukos Group’s oil export authority will expire at the end of this year..."

After listening to Alexey's introduction, Wang Ye finally understood what went wrong.

In the oil industry, Yukos is currently the dominant player, accounting for 80% of Russia's production and sales, while other oil companies combined account for only 20%.

Ordinarily, even if someone wants to touch it, they should think twice.

After all, there is an international impact to consider, and private property is inviolable!

But as Alexei just said, if others do not touch the assets of Yukos Group, but try to interfere with you by restricting your export rights, then things will be very serious!

Petroleum export rights are authorized by the Department of Energy.

In other words, with the permission of the state, your oil company can sell oil all over the world and make a lot of money.

But if the country just finds an excuse to cancel the export rights of your oil company, what will be the consequences?

By then, no matter how many oil fields Yukos owns and no matter how much oil it mines, it will only be able to sell it within Russia, and not a single barrel can be sold abroad!

Want to export?

It's not impossible to negotiate. Wouldn't it be enough to sell the oil to certain designated companies and then have those companies export it abroad?

As for the price, maybe the national crude oil is US$50 per barrel, and the purchase price of those companies from Yukos Group is US$20 per barrel.

What, you said you would lose money on twenty dollars and would rather close the oil field than sell it?

Okay, I'll give you thirty dollars a bucket, so you can make some money...

With such a chokehold, Yukos Group's life will be difficult!

Wang Ye rubbed his face with both hands, feeling a little headache.

Why can't we stop for a few days? Yukos Group has been quite honest recently and has not done anything extraordinary.

After China and Russia reached an agreement on oil and gas cooperation, the Yukos Group focused all its energy on oil exploration and pipeline construction. It was only focused on making money and did not engage in other things.

Even Kovchenko has stopped saying weird things during this period. In several exclusive interviews with television stations, he only talked about energy and business and never talked about politics.

But the tree wants to be still but the wind doesn’t stop!

Yukos Group wants to keep a low profile, but some people don't allow it...

…………

In fact, Wang Ye also understands, and he doesn't think this is someone deliberately causing trouble and insisting on catching Yukos Group.

When he is in his position, he is exposed to many more things than the average person, so his perspective on considering issues is naturally different.

In fact, if Wang Ye really sat in that position, even he might have to consider doing this.

After all, the government’s finances are really in dire straits!

Their Economic Committee has the authority to approve the government's annual budget, so it knows very well about financial matters.

At the budget approval meeting two years ago, Wang Ye was filled with emotion when he looked at the budget table submitted by the government department.

Poor!

The country really has no money.

If nothing else, let’s talk about free medical care for all.

This thing sounds nice, and it’s free to see a doctor and take medicine.

But the problem is that there are only so many doctors and nurses in public hospitals, and there is not enough manpower, so you have to make an appointment in advance for any medical treatment.

It's okay to have a headache and fever, but if you need surgery or something, you'll have to wait.

Maybe, you have all "leaved" and you haven't been scheduled for surgery yet...

After all, the fiscal budget is still not enough.

Without money, the hospital cannot recruit more doctors. Without money, it is impossible to provide better and more convenient medical services!

This is just a microcosm. Other budgets, such as the police system and even the national defense budget, can be cut and reduced as much as possible.

When their economic committee approved the government's annual budget, Gryzlov made a request at that time.

That is, each committee member must find at least one part of the budget that can be cut, and the entire budget must be cut by at least 20%...

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