For bidding for oil plots, it is different from land auctions. It does not mean that you buy it with money and the land is yours. It is the bidding oil extraction rights.

The number of oil reserves underground and the profits that can be made requires oil merchants to judge for themselves. It can be said that there are both risks and huge business opportunities.

"150 million US dollars!"

"365 million US dollars!"

"$589 million!"

...

As the auctioneer announced the start of the auction, the small and medium-sized oil merchants in the audience couldn't wait to raise their bids. Soon the price soared to more than 1.2 billion US dollars.

“$1.27 billion!”

“$1.28 billion!”

“$1.290 million!”

...

"This 17-plate gentleman bids $1.290 million! Is there any higher bid than $1.290 million?"

"$1.29 billion, the first time!"

"1.290 million US dollars, the second time!" the female auctioneer shouted in front of the stage in a high mood.

For medium-sized oil fields such as US$52 billion, the cost of oil per barrel is calculated based on the cost of Russian crude oil extraction, which is US$10. The international crude oil price in 2001 was around US$30 per barrel.

That is to say, of the 52 billion US dollars of oil, 17.2 billion US dollars is consumed in the mining process. The real profitable part is US$34.8 billion. In this profitable part, according to the various tax regulations of Russian oil, about 75% income tax is required (after all, the oil field belongs to the state, and this tax is very expensive).

After deleting these costs, if the 52 billion USD medium-sized oil fields are really exactly the same as the exploration results, then when all the mining is completed, it will bring about 8.5 billion USD net profit to the company. This part of the profit will take about 10 years to mine.

The average net profit is 850 million yuan per year (the income from crude oil extraction alone does not include the sales of finished products such as gasoline).

Therefore, in general, such oil fields, considering that they have certain risks, the highest auction price that oil companies can offer will not exceed US$1.4 billion. Because further up, the risk and the return are not proportional to the rate...

However, just as the auctioneer was about to confirm the third time, Ma Wei, who was sitting in the front row, suddenly raised his hand casually and said to the female auctioneer, "$1.4 billion."

As soon as he finished speaking, he saw the three Russian President of Petroleum, Luke Petroleum, and Surgut Gasoline, sitting around him, who were looking at him in surprise!

I never expected that with Mawei's current value, he was willing to spend his spare money on such a medium-sized oil field. Is this young man in front of me trying to grab all the oil fields, no matter how big or small, to realize his ambition to enter the oil industry?

Just as the three bosses were thinking this way, the female auctioneer standing in front of the stage held the gavel in high spirits and said to the audience, "1.4 billion US dollars! This No. 2 gentleman bids $1.4 billion US dollars! Is there any higher bid than $1.4 billion?"

"$1.4 billion, the first time!"

"$1.4 billion, the second time!"

"$1.4 billion, the third time!"

"Tu tu tu tu! The deal was made! Congratulations to this gentleman for successfully taking the A-16 plot in the Caucasus!"

No matter what others think, Ma Wei is interested in this Ac16 plot. And in the next second round of auction, he fell in love with the Ac19 oil field, which is estimated to be 78 billion US dollars!

Sitting beside him was so scared that he was Maxim, President of Russian Petroleum, Oleg, President of Luke Petroleum, and Andrev, President of Surgut Gasoline. He really thought that Mavie had a big appetite and wanted to take all the auctioned oil fields...

"2.18 billion US dollars." Ma Wei raised his No. 2 hand card and bid with a group of oil company bosses. Anyway, the bidding for the plot he liked was never vague. He directly used a sharp price to defeat the opponent's psychological defense...

"2.18 billion US dollars! The first time!"

"2.18 billion US dollars! The second time!"

"2.18 billion US dollars! The third time!"

"Tu tu tu tu! The deal was completed! Congratulations to this gentleman for successfully auctioning the plot of Ac19 in the Caucasus!" said the female auctioneer in front of the stage with great excitement.

Two oil fields in a row have a total estimated price of nearly US$130 billion and a total auction price of up to US$3.58 billion. Just like this, Ma Wei was underestimated and all of them were captured. It is really amazing, and the younger generation is terrifying and coming in full force!

Seeing that the small and medium-sized oil traders sitting behind them all wanted to leave on the spot without tears! This is still a way out, big guy...

"My God, based on his value, shouldn't it be the most competitive oil field with a valuation of 332.5 billion US dollars? Why don't even let go of 400 billion oil fields... How can we live?" A president of a medium-sized oil company thought depressedly at the venue.

Not only was he so depressed that he vomited blood, but the oil merchants who were sitting next to him and sitting in front of him were all crying by Ma Wei's "debt" and inhumane...

"Big Boss! Can you give me a way out? You will also shoot the first round and the second round! Could it be that you will only take over the entire auction of oil fields, right?" Ruirui guessed in his heart uneasy.

However, it was obvious that they were wrong. Because Mawei inferred based on his past life memories and related news that this oil field bidding was the most valuable piece of land he just took! If he remembered correctly, at least nearly US$180 billion of oil reserves were buried under the ground...

The ac28 landmark that was hyped up in the ground, which was buried under the ground with 332.5 billion US dollars of oil, is completely unprovoked. In the next ten years, it would be considered a burning fragrance to be able to generate 50 billion US dollars of oil.

"Tu tuk tuk! The one to bid for below is the ac28 landmark, which is the land with the richest oil reserves in our bidding! After exploration data, 332.5 billion US dollars of oil are buried under the ground..." The female auctioneer said diligently in front of the stage.

But to Ma Wei, he was extremely ironic. He even watched the fire from the other side of the river, hoping to see which sucker was, and spent a lot of money to buy the plot.

Because at this moment, Ma Wei could clearly feel that the left and right sides were deliberately or unintentionally "guarding", "guarding", and even "hostile" eyes towards him. That kind of gaze made him feel uncomfortable. He felt as if he was being treated as a wolf.

So Mawei simply put the number plate in his hand directly on the coffee table next to him. It means you can do whatever you want, and I will not take pictures any more anyway.
Chapter completed!