Sha Zhengyang has also discussed with Mark and Qian Xuan many times on this issue, and believes that the Kazakh government has several main purposes for selling Aktobe Petroleum Company.

First, the management of the Aktobe Petroleum Company is chaotic, and the output has gradually decreased after the peak production period, and in order to stabilize the production capacity, on the one hand, it is necessary to work operation and management, and on the other hand, it is necessary to increase capital investment, which is precisely what the Kazakh government can hardly accept.

Second, the crude oil of Aktobe Petroleum Company is mainly exported to the Orsk refinery in the Orenburg region of Russia, but now the Russian economy is in a serious recession, and the price of crude oil has fallen, and even so, the Orsk refinery is often in arrears of oil payments, and although it can be sold at a high price when it is exported to Aktau and then shipped to Europe, the capacity and cost of railway transportation have limited the export of crude oil, so this has also become a problem for the Kazakh government.

Third, Kazakhstan is extremely rich in crude oil and natural gas resources, in contrast, Aktobe has passed the peak production period and has little potential, and they prefer to obtain funds for exploration and development of the Caspian Sea coast in order to obtain greater gains.

Although the Kazakh government is anxious to sell Aktobe Oil Company, it does not mean that they have no other ideas.

The introduction of non-Western oil companies is an important measure to balance the European and American oil capital, which is already dominant in Kazakhstan, and it is also a major advantage for Chinese oil companies, but this does not mean that Chinese oil companies can rest easy.

Texaco, Amoco, these European and American oil giants in terms of strength experience are far stronger than Chinese oil companies, and they have already laid out in Kazakhstan, the Kazakh government is unlikely to be too inclined to Chinese-funded oil companies in the case of too much difference in strength and conditions between the two sides, Changhe Petroleum wants to make up for this gap, but also to find another way.

After Sha Zhengyang introduced this situation to You Wangang and Zhong Guangbiao, You Wangang and Zhong Guangbiao also realized that this problem was difficult to solve.

The strength of Amoco and Texaco is definitely much stronger than that of Changhe Oil, and the experience and relationship are not comparable to Changhe Oil, even if JP Morgan is added, it can only be said that the gap between the two sides has been narrowed, but it is still impossible to win.

In addition, PetroChina has not completely given up, and if it also intervenes at a critical time, it may also bring a lot of trouble to Changhe Petroleum, of course, this trouble comes from within.

"Zhengyang, since you have raised all these questions, there must still be a countermeasure, right?" Zhong Guangbiao knows Sha Zhengyang's temperament, and he must have some countermeasures, but he also thinks that this problem is too difficult to solve, and he doesn't know how Sha Zhengyang will break the game.

"There are some ideas, but I feel that it is not a perfect strategy, and the scope of involvement is too wide, and it may even involve the acquisition of other projects, which I am afraid is not something that we can do alone, not only need the financing support of JP Morgan, but also need the support of the central government. Sha Zhengyang groaned.

Sha Zhengyang didn't say anything specific, You Wangang and Zhong Guangbiao both realized that the content that might be involved was more sensitive, so they both nodded knowingly.

"In addition to the problem of acquisition, if we succeed in the acquisition, how to solve the problem of normal operation, that is, how to deal with the digestion of the extracted crude oil? I remember you mentioned that the Orsk refinery and Aktobe are now in trouble because of the economic situation, and the transportation cost of crude oil is also a problem?"

You Wangang is also a veteran of the oil industry, and of course he understands how much the transportation problem restricts the oil industry, and if this problem is not solved, the operating efficiency of an oil company will be greatly affected, and if the crude oil of the Aktobe Oil Company can only be sold to the Orsk refinery, then with the current economic situation in Russia, its benefits will certainly be greatly reduced.

If a successful acquisition becomes a burden, it is not what Changhe Energy Group is willing to see, and if it is solved by rail transportation, can it achieve results?

"In addition to the Orsk refinery, Aktobe's crude oil can also be transported to Aktau and sold to Europe by sea, and the price is also considerable, but the freight from Kinkyak to Aktau is too expensive, and the railway capacity is limited, and this problem needs to be solved, which involves pipeline construction. Sha Zhengyang still revealed a little wind.

You Wan just waved his hand decisively to stop the topic.

This topic is a bit more complicated, and it even involves the national energy security strategy and some policy trends of the central government this year.

Contacts with Kazakhstan are still in the secret stage, and have not been officially disclosed to the public, and many things are still in the initial stage of contact, otherwise Europe and the United States will definitely react.

Even Russia, which is now powerless, does not necessarily want to see China make great strides into Central Asia, the hinterland of its sphere of influence.

This is the end of the short debriefing session.

All that's left is a higher-level consultation.

Only You, Zhong, and Sha remained.

"Zhengyang, let's talk about it now, I see that you seem to think very far, and you are a little hesitant in your words, is it also very involved?" You Wangang said with a smile: "Before I and Guangbiao reported to the two main leaders, their attitude is very clear, as long as it is conducive to the development and growth of the enterprise, it is beneficial to the country, even if it is difficult and needs to be coordinated, both of them can come forward, so you can rest assured." ”

"Well, it's a bit of a big deal. Sha Zhengyang nodded solemnly, "My worries are twofold, on the one hand, it is external, mainly the attitude of the Kazakh government and the competition between Texaco and Amoco and us, in this part, it is fundamentally in the ideas and attitudes of the Kazakh government, Aktobe Oil Company will sell 60% of the shares, according to JP Morgan's calculations, the bidding price is about 280 million to 330 million US dollars, of course, there may be some other conditions. ”

You Wangang and Zhong Guangbiao both changed color slightly, although they were a little mentally prepared, but when they calculated it, this was a transaction of more than 2 billion yuan, which was still very scary.

"But I thought about it with JP Morgan, and it was not stable, and I thought that if we could get more shares, we would be able to get more shares of crude oil, which is what we need most, but the Kazakh government is not willing to give more shares, so this is a bit troublesome. ”

Sha Zhengyang rubbed his cheek lightly with his palm, and said: "JP Morgan revealed to us a piece of information, that is, the shareholders of the Orsk refinery on the Russian side also intend to transfer the Orsk refinery, the main reason is that the cooperation with Aktobe is not going well, and the Russian economic situation is deteriorating, and the ruble is depreciating very much, and they want to get hard currency." ”

"You mean we can take the Orsk oil refinery?" Yu Wangang frowned, "What is the significance of taking it? Form an upstream and downstream industrial chain? The refined oil products continue to be sold in Russia? Don't you say that Russia's economic situation is very bad? I'm afraid that the price of refined oil products is also difficult to satisfy, right?"

"No, my idea is that we buy the Orsk refinery and at the same time exchange some of the refinery shares for more Aktobe oil company shares and another Uzin oil field. Sha Zhengyang finally confided his thoughts.

"Wujin Oilfield? Is that the project between JP Morgan and PetroChina a failure?" Zhong Guangbiao was also puzzled, "I remember you said that the Kazakh government was unwilling to hand over the project to PetroChina after a year of talks with PetroChina, and this is also the main reason why PetroChina has little confidence in the project of Aktobe Petroleum Company." ”

"That's true, the conditions of the Wujin oilfield are better, but it is also past the peak production period, coupled with the early exploitation chaos, resulting in a significant reduction in the production of the Wujin oilfield, but we have obtained some information from PetroChina to understand that if the Wujin oilfield is repaired, it is expected that the annual production capacity can be increased to the peak of 8 million tons of crude oil per year, which is considerable, but now Kazakhstan is unwilling to hand over this project to Chinese oil and gas companies, and oil and gas companies in Europe and the United States either do not think that the cost is high, or it is suspicious of the Kazakh government, and it is difficult to intervene, so this is actually a very considerable meal。 ”

8 million tons of crude oil? You Wangang and Zhong Guangbiao were shocked.

You must know that Changhe Petroleum's production capacity in 1994 was only 2.6 million tons of crude oil, and 95 and 96 can only maintain between 2.4 million tons and 2.5 million tons, so when it was learned that Aktobe Petroleum Company could maintain a stable output of 3 million tons, the provincial party committee and provincial government had actually made up their minds to win the project.

Especially when it comes to the Qindu refinery and the Wuyang refinery, the refining capacity is now vacant, and obtaining a more stable oil source has become a top priority.

If the Wujin oilfield can be obtained by Changhe Oil, even if half of the share of oil can be shipped back to China every year, it is a great event, and it is a powerful guarantee and supplement to the national energy security strategy, and it can be said that it will obtain a double harvest of economic and political security interests, and the latter is only afraid that the weight will be heavier in the minds of the central high-level.

You Wangang said in a deep voice: "Zhengyang, the production data of Wujin Oilfield came from PetroChina?

Sha Zhengyang smiled and said lightly: "Governor You Province, the Beijing Office still has some channels and channels, and it has always had dealings with PetroChina, although we have a lawsuit between the two sides in Hanchuan, but everyone can still get along in harmony with Yanjing, after all, that is the matter below." ”

You Wangang frowned, as soon as he heard it, he knew that Sha Zhengyang was playing sloppy, and it was estimated that it should not be the news obtained through normal channels, but it didn't matter, as long as the news was accurate.