Chapter 393: Splitting the Enron Pacific

……

"Boss!"

“BOSS！”

"Sit down!"

After beckoning the two of them to sit down, "Are you tired of sitting on the plane for more than ten hours?"

"Sort of. But I slept on the plane for six or seven hours and felt fine. Jonathan Wellau.

"This is the information I have prepared for you about the HK Electric Group, you can find out. In the future, half of our power plant projects in Huaxia will have to cooperate with them. ”

Jonathan nodded and took the information.

"Don't worry about it now, you can take it back and see it. ”

"Yes!"

"Our investment in the Huaxia power market is divided into two parts. First, it is the expansion of our original plan for the six power projects we already have in Huaxia. Second, it is the construction of new projects, and we cooperate with the Li family in this regard. I have a few requirements for all the cooperation: first, the coal-fired power plants in the mainland must have an installed capacity of more than 1,000 megawatts, and the emissions must meet China's environmental standards. Second, all power plants along the coast and along the rivers should build natural gas power plants, and strive to obtain the right to import natural gas for their own use from the Chinese government. Third, try to work with local governments, not the five major power generation groups, to ensure our management rights. ”

Although Guo Shouyun did not want to play the role of a competitor in the Chinese market, he really did not trust the management level and administrative efficiency of state-owned enterprises until the country's legal system was perfected. Therefore, although he expressed the idea of cooperating with Huadian and Guodian when he chatted with Li Zeju before, he didn't want to be controlled by others if he was autonomous.

In addition, he has lived in China for more than 30 years in his previous life, and he is also very clear. Domestic oil and gas prices are two worlds away from those abroad. If you don't want to be exploited by a few oil majors, the best thing to do is to get the right to import natural gas for your own use.

Only in this way can it guarantee its profit margins in front of the State Grid, a giant that controls the transmission, distribution and retail of electricity.

"Boss, if we want to get these rights, especially the independent import right of natural gas for our own use, I'm afraid we have to go to the capital first. Jonathan said.

"I know that. However, in China, we have shallow roots. With the Li family, we have a greater grasp. ”

"Yes!"

"Oh, yes. Today's local governments in China are particularly welcoming to foreign investment. So, you take our people to take a tour of most of the provinces in China and talk to the local governments. I believe they will be happy to give you a cooperation agreement for a power project. Wait until the contract is signed, get together, and form a scale before going to the capital, so that it is more tempting. ”

At present, the whole of China is in the era of rapid development, and the promotion of investment is directly linked to the performance of local government officials. It is conceivable that if Jonathan did his instructions for a lap in Huaxia. Not to mention billions of dollars, even tens of billions of dollars can be filled.

And Guo Shouyun is planning to use a tempting big cake that adds up to tens of billions of dollars in five years to tempt the Beijing side to agree to his right to import natural gas for his own use.

"This, boss. The size of the Huaxia power market is larger than that of the United States. If you follow what you say, I'm afraid the final result will be several times more than our actual investment. ”

"Don't worry about the funds. Now most of Enron Pacific's loss-making projects have been resolved. Excessive debt also fell by 21.3%. Positive earnings increased by 14.5%. In the future, our financial level will get better and better. Therefore, for Huaxia's investment projects, it can be solved by financing. As long as we invest 10% of the construction funds, the subsequent costs can be covered by financing and Enron Pacific Power's revenue. So you can rest assured and boldly take over the project, if you really encounter a funding problem, I will solve it for you. ”

"Yes!"

"How's the financing negotiation with **** and Wells Fargo?"

"The contract has been signed, and $5.5 billion has been in the company's account. Boss, though. Is it too dangerous to keep the debt of the Anping Petroleum Company at 53 percent? Once the oil price plummets, I am afraid that we will become insolvent. ”

Since the acquisition of Enron and the end of buying and selling in the power industry, Guo Shouyun's goal has been to the oil industry. The routine is also very simple, buy crude oil assets, and then mortgage and buy again. The company's liabilities have been maintained at the level of 50~60%.

As long as oil prices are rising and the company's revenues are able to repay the interest on loans, then the capital game can be played. Moreover, this has the added benefit of not having to pay high corporate income tax. However, this method is also dangerous, once the oil price plummets, Anping Petroleum will not be much better than Enron.

However, Anping is better than Enron in that it has a boss who can know the trend of oil prices in the next 15 years. Guo Shouyun knows very well that within ten years, he will not need to worry about oil prices. The great decline in oil prices in '08 lasted no more than half a year, and as the United States harvested the whole world to make up for its heavy losses in the subprime mortgage crisis, international oil prices quickly rose back and set new highs.

"Jonathan, oil prices are not going to fall. ”

I admit that the war in Iraq will have an impact on international crude oil prices. But how long will it last? Maybe it will subside in half a year. Add to that the time for the restoration of the oil industry, which is two or three years. Two or three years is not a long time for us. ”

Guo Shouyun smiled and said meaningfully: "Jonathan, fighting a war costs money. An unfinished war in Afghanistan has cost the United States $150 billion. If you add the Iraq war, which is already on the way, more than $400 billion is a high probability. How does this money come from? Does it depend only on American taxpayers? No, American politicians are not that stupid. If they let the price of oil rise, then the world will need more dollars if it wants to buy oil. As long as the Fed turns on the money printing press, the whole world is paying for the war in the United States, what a good plan. ”

"As for what you said about the war in Iraq, it will end in two or three years. To be honest, I'm not a prophet, and I don't know the outcome. But the war in Afghanistan is certainly not that easy. Taking history as a guide, in the nineteenth and twentieth centuries, the British spent nearly a hundred years and three invasions of Afghanistan without conquering this mountainous country. ”

"If the British war in Afghanistan is too far apart to represent the mode of operations of modern warfare. Then the war between the Soviet Union and Afghanistan from 1979 to 1989 is believed to have said a lot. It took ten years, hundreds of thousands of troops, and with overwhelming superiority in weapons and equipment, the Soviet Union did not take Afghanistan. Do you think that in 12 years, the Americans will be able to conquer this belligerent country with overwhelming superiority in weaponry?"

Jonathan Weil fell silent. He is also an elite person with an MBA from Harvard Business School. Although he has never entered politics, he also has a vision and judgment beyond ordinary people.

"Boss, Washington must also understand the consequences of the war in Afghanistan, why do they insist on doing it?" asked Jonathan Weir with a serious expression after a long time.

"Do you know what the geography of Afghanistan means?"

"A crossroads in Asia?"

To the east of it is the rising China. To the north are the five Central Asian countries, and of course the United States is not aimed at them, but further north Russia. To the south are India and Pakistan, the second most populous countries, and to the west are Iran, which is not in tune with the United States. If you occupy this place, you can put a solid iron nail in the back of Asia. It will not only strengthen the influence of the United States on the world's largest continent, but also effectively divert the attention of the most powerful enemy of the United States. ”

"Military considerations aside, after 9/11, popular anger always needs an outlet, and war is the most appropriate option. In addition, our Mr. President had an excellent father who personally demonstrated to his own son how the war allowed him to be re-elected. So, there is no reason why our President Bush ~ Shi should not follow suit. ”

"Do you think we can win the war in Afghanistan?"

It can be seen that Jonathan Weil is still quite patriotic compared to Rebecca. The latter are not interested in such topics at all.

Guo Shouyun shrugged, "This kind of problem only God knows!"

“… Well, politics and war are not our concerns. Politicians and military chiefs in Washington will not listen to our orders either. Let's do our thing. After a pause, "what we can be sure of is that if the war is not over, oil prices will not fall." So, Enron Pacific's future doesn't need to be worried. ”

Guo Shouyun's gaze glanced at Rebecca and Jonathan Weir, "However, in order to better develop the business of each subsidiary, I am ready to spin off Enron Pacific's business after acquiring Unocal Corporation." ”

The two of them trembled, and their eyes were fixed on the man in front of them. There has always been an invisible rivalry between Jonathan Weil and Rebecca Mark. They all want to be the CEO of Enron Pacific, who manages the huge company of Enron Pacific, and who is truly one person above ten thousand. However, due to Guo Shouyun's suppression and Enron Pacific's predicament, this competition has not yet become public and has not intensified. But they are not stupid, they can hear the gossip within the group, and they know it very well in their hearts. Of course, Guo Shouyun is also very clear in his heart. He kept Rebecca by his side, except that he did lack an assistant, in order to be able to oversee this competition and make it benign.

But Guo Shouyun also knew in his heart that his supervision could not completely solve this kind of problem. Rather than waiting for the contradictions to completely intensify, it is better to prepare early. It's just that he originally planned to wait another two years to make a move. But Jonathan Weil and Rebecca are both capable, with his financial backing. Enron Pacific took about two years to reverse the decline, and now it has turned losses into profits and entered a state of benign development.