The Prince of the City
40 The Three Major Oil Groups

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"While expanding the oil production, we will continue to explore in the waters of Longhua Island according to the scope I have outlined!”

Zhao Tian said to the manager of Donghai Oil. He had to borrow some external power. Otherwise, Donghai Oil alone would not have enough manpower.

After more than ten days of hard work, all the oil in the area bordering the waters of the country of Song and the country of Vietnam had been condensed. A total of 12 billion tons of oil had been placed in the shallow sea near Longhua Island. The extracted oil could be directly transported to Longhua Port through oil pipeline.

In this way, with the world's largest oil field, the Song Kingdom was fully capable of becoming the world's largest oil producer. As long as there was demand, it could continue to expand.

At this moment, a huge fleet of cars was heading towards the harbor. Zhao Tian looked at the general managers of the three major corporations, Hua Shihua, Hua Petrifaction, and Hua Zhonghai, who had come from afar. He knew that it must be because of the oil quota.

"Your Highness, we'll take care of 300 million tons of mining reserves. We can also pay for the initial funds you need. You only need to repay it with future oil!”

The manager of Hua Oil looked at Zhao Tian and said. As an important strategic resource of the country, it was previously blocked by various countries. As long as they could get 300 million tons of oil from Song Country every year, the pressure of imported oil would be greatly reduced.

"Alright!"

Zhao Tian said with a smile. These people probably thought that the Song Country only had this much production, so they thought of contracting all the oil. Even if the Song Country negotiated, they would probably get a larger share.

Looking at the three people's shocked expressions, one had to know that this was 300 million tons of oil. Even if the oil price had plummeted, it was still as high as 30 US dollars per barrel. 300 million tons was nearly 60 billion US dollars. Moreover, the price of oil would not remain so low forever.

Money was not a problem. The key was that there were other oil contracts. If they wanted to completely eat up the oil, they would have to establish a strategic reserve warehouse through the country.

When those small contracts expired, it would not be a problem at all.

Zhao Tian planned to use a year or so to eliminate all the small oil companies in the world, especially those oil wells with high mining costs. As for the cost of mining the US oil, most of them were at 40 to 50 US dollars per barrel. Even the best areas cost more than 20 US dollars.

As for Chinese companies, the price was even higher. Even if the high labor cost was taken into account, the price of a barrel of oil in Song Country was so low that it was outrageous. It was much lower than about one dollar per barrel in Yi Lang, and even lower than the price of pumping water from the ground.

The cost of extracting and storing a barrel of oil would not be higher than one yuan. After all, the oil condensed by the system was too advantageous. All of them were high-yield natural wells, which saved a lot of money.

"Your Highness, you can't be serious, right?”

The manager of Hua Oil looked surprised. Song was also a big oil refinery country. The annual demand of crude oil was about 100 million tons. If such high-quality oil was to be sold, would his refinery have to import oil?

Or did the East China Sea oil field plan to continue expanding its oil production, or did the Song Kingdom discover a new oil field?

"Of course it's true. The Song Kingdom is expected to expand its oil production to more than 500 to 600 million tons in half a year!”

"500 to 600 million tons!"

The heads of the three large oil companies couldn't help but be shocked. China's current annual oil consumption was only 600 million tons, of which only 60% needed to be imported.

If the Song Kingdom could produce such a large amount of energy, then the Song Kingdom could supply all of China's imported energy. Of course, the energy security of a country could not be entrusted to a single country, but it would undoubtedly lay the foundation for China's energy security.

Otherwise, with China's strength, how could they allow some small countries to occupy some islands in the South China Sea, causing the development of oil and gas fields in the South China Sea to be delayed?

On one hand, it was the threat of the United States. On the other hand, it was the threat of the Strait of Malacca. This was the main traffic route for China to import and export to Europe and Africa, causing China to be restricted in Southeast Asia.

"The Song Kingdom has discovered an oil reserve that is not smaller than the East China Sea oil field near Longhua Island. That will become the second oil production area of the Song Kingdom!”

Zhao Tian smiled as he looked at the three people in front of him. He knew how much China relied on oil. Every year, they imported nearly 400 million tons of oil. Not only did they have to spend a huge amount of money, but their energy channels were completely controlled by others.

Otherwise, why would China build an oil pipeline in Myanmar? It was to obtain another safe passage to obtain more resources. However, the annual transportation capacity of that oil pipeline was only tens of millions of tons, which was better than nothing.

"The three of us are also willing to invest in the construction of the new oil field in the Song Kingdom. Similarly, we only need to repay it with oil in the future. However, the specific purchase volume must be contacted with the country.”

"Of course, this is a win-win situation!”

Zhao Tian smiled. Such a huge amount of oil purchases was probably not something that the three major corporations could decide.

This book comes from:m.funovel.com。

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