Chapter 448: Choose One of Two

The development and output of oil in the Caspian Sea can be called twists and turns.

As early as the beginning of the 20th century, before World War I, the Caspian region produced tens of millions of tons of crude oil per year, and after World War II, it reached its peak, which was equivalent to 70% of the total oil production of the Soviet Union.

Before the oil boom in the Middle East, the Caspian Sea region was the world's oil treasure.

However, with the massive exploitation of the former Soviet Union, the Caspian Sea oil once had a tendency to deplete. In particular, the onshore oil reserves of Chechnya and Azerbaijan fell very low, and the discovery of new oil fields in Siberia and the Urals diverted the attention of the Soviet Union and turned the Caspian region into a forgotten corner.

Until the end of the 80s, against the backdrop of the collapse of oil production in the former USSR, the Slavs made their last struggle, spending huge sums of money on large-scale exploration of the Caspian region.

As a result, the Soviet Union collapsed without even having time to study the information obtained with a lot of money.

Caspian oil continues to settle underground.

As one of the world's three major oil circles, the extraction of Caspian oil is more complex than that of the Persian Gulf region, but the production is not significant at all. Especially after the price of crude oil in the world has risen, the difference in extraction costs is not so big.

There are only two restrictions on Caspian oil. The early stage is an estimate of the reserves, and the later stage is the cost of transportation.

In this, reserves are a precondition.

Without extremely high reserves, it would be uneconomical to build oil pipelines, and the three countries around the Caspian Sea: Kazakhstan, Azerbaijan and Turkmenistan are all land-based countries that are indispensable to sell oil to the world.

The system of railways and oil pipelines left over from the Soviet era, all oriented towards Moscow and Eastern Europe, has lost its relevance for the Caspian countries against the backdrop of the collapse of Russia's economy and industry. It is also unable to meet the needs of foreign oil companies.

Therefore, in the early 90s, although the Caspian Sea attracted the attention of many oil companies because of its former glory, not many companies were really willing to invest in exploration.

Compared to the big oil companies, which spend tens of billions of dollars a year on exploration, Sioux City saves on the cost of casting a net everywhere. From his point of view, if the Ontario line is abandoned and the China-Kazakhstan pipeline is directly built, it can be completed in two or three years at most at China's construction speed. At that time, the oil field will just enter the high-production period, which is very suitable.

And the abundance of oil reserves here will also make those companies who are reluctant to spend hundreds of millions of dollars on exploration regret it.

Since the Persian Gulf and the Gulf of Mexico, the Caspian oil circle. It's about the last oil hotspot outside the Arctic.

Qi Meng's confidence was not so sufficient, and when he heard Su Cheng say that the oil in the Caspian Sea would not be exhausted for 50 years, he couldn't help asking: "Has Dahua Industry done exploration?"

This is a difficult problem to explain. Su Cheng said indistinctly: "It can only be said that there is similar information." ”

"Information on foreign companies?"

"There is a vague understanding. ”

Qi Meng smiled, thinking that Su Cheng was not easy to say, so he asked differently: "Where is there a big oil company in the Caspian Sea?"

Sioux City thought about it and said, "I have the impression of a British BP." ”

Qi Meng was even stranger. Repeated: "In the impression?"

"Uh...... I don't remember very well. "Su Cheng is still telling the truth, but his information comes from memory.

In another year, Azerbaijan will cooperate with the British company BP. Signed the A-Qi-Jiu Oilfield Contract, which was called the "Contract of the Century" by the press at the time. The proven reserves of 3.5 billion barrels, including the three fields of Asejiu, Zirag and Zuneshli, have caused countless companies to drool and directly attracted the attention of the US government. This also started a wave of development of the Caspian oil circle.

The proven reserves are 3.5 billion barrels, which is equivalent to three and a half of the Setan oil field. Moreover, such a preliminary exploration, careful exploration in the future, reserves will definitely increase.

It can be said that, with the exception of a few super oil fields that have long fallen into the hands of "imperialism", the Aziju oil field is the largest ownerless oil field in the world.

At least in 1993, it was an ownerless oil field.

However, the future of Azerbaijan in 1993 is uncertain. The main reason is that the political situation is scattered, which makes any contract lack the ability to perform.

There are many such CIS countries, and many of them will not have a turnaround until the end of the 90s.

Even if it is BP, at this time it is impossible to say the political situation in Azerbaijan, just squatting on the sidelines, waiting for the final result?

Sioux City thought to himself: Azerbaijan is holding its first presidential election in October this year, and probably only the winner will have the capital to negotiate contracts with foreign oil companies.

However, it seems that it is also a good choice to contact now and invest in advance.

Su Cheng touched his chin and really thought about it.

Dahua Shipbuilding has grown into a profit of more than 20 million yuan in the first half of the year, and the profit in the second half of the year will only be more. Based on the current situation, it will take up to three years for Dahua Shipbuilding to recoup its major investment. Dahua Industrial's cash flow will also reach a new peak.

At this time, investing in a new oil field seems to be a good choice.

It's just that the Azijiu oil field is a little too big, and the investment period is too long.

Remember, there is always a number of numbers advertised in the media

billion dollars, otherwise how can it be worthy of the title of "contract of the century".

Counting the oil pipelines, it is not enough to completely develop the Azijiu oilfield without six or seven billion yuan.

In China in 1993, if Dahua could get six or seven billion US dollars, all of which would be used to invest in real estate, the income would not be less.

Su Cheng shook his head and threw the thought away.

The fat sheep of the private company, which bought six or seven billion dollars of real estate, are simply waiting to be slaughtered.

Qi Meng saw his movements and asked, "What did Su Dong think of?"

Su Cheng didn't answer the rhetorical question, and said, "Hmm...... You asked me earlier about oil development, do you have a new policy?"

"Where do we qualify to issue policies. Qi Meng smiled, it was actually quite useful. As the core cadres of the central departments, these young middle-level cadres, like the Hanlin officials in the past, control the direction of the policy in detail, and it is okay to say that the policy is made by them.

Laughed. Qi Mengcai said: "You know, the current domestic policy is to encourage enterprises to go out. However, the Ministry of Energy has just been abolished, and how the Petroleum Corporation, the Petrochemical Corporation, and the Offshore Oil Corporation will go out can only rely on their own consciousness...... What's the matter, Dahua Industrial, are you interested?"

"Dahua is an oil company. We are still paying more attention to the energy information of various countries. "Sioux City has been a business for several years, and now he has begun to learn to speak vaguely.

"It would be nice if domestic enterprises could be like Dahua Industrial. Qi Meng sighed with emotion and said, "Three oil companies." There was no action, even the oil pipeline just mentioned, and it was not particularly positive. ”

Su Cheng smiled but did not speak. It's almost a given. How hard it is to develop foreign oil fields? How happy is it to directly import oil products from abroad, anyway, they are all the same money. If it is a domestic oil field, the three barrels of oil may be of some interest, and a foreign oil field and pipeline, that is a purely political decision. Qi Meng's expectation of positivity is almost impossible.

Qi Meng also complained, and said with a smile: "If Su Dong is interested in exploring foreign markets, I will definitely support it." ”

"Is there a loan to back it up?" Su Cheng's eyes lit up.

Qi Meng smiled bitterly: "Where is the loan now?" The whole country is catching overheating. I can't approve it. ”

Su Cheng sighed regretfully, this situation was actually predictable. In '92-93, China's economy grew at a rate of 13 per cent, and the issuance of currency increased by 34 per cent. That's all. Let the leaders in charge of the economy be overwhelmed and deal with inflation. The problem of a soft landing is enough to drain all their spirits.

Domestic affairs are not handled well, and the NDRC is really powerless to deal with foreign countries. Not to mention loans, the bank's monetary tightening is from the root, and foreign exchange loans will only become more and more difficult.

If it weren't for CSSC's help in making some loans, Dahua Industrial's credit flow would have been very low.

In contrast, Qi Meng's energy is much smaller, and his responsibility is much less.

He was able to focus on China's energy security, which in 1993 was already on the sidelines.

As soon as the tour formation in front of them changed, the reporters began to pounce on them to take pictures.

Su Zhenguo beckoned Su Cheng to come over as well.

Sioux City waved his hand and politely declined.

He didn't want to get too close to the Su family yet.

There were a few Su men who couldn't help but sigh in disappointment.

For Sioux City, joining the family means getting the family's resources and cooperation. But for many people in the Su family, Dahua joining the family means that the family has more resources and cooperation.

Qi Meng was a little anxious.

He quickly couldn't help it, and chased after Su Cheng and said, "Will Dahua develop the oil in the Caspian Sea?

Su Cheng smiled and said: "The countries around the Caspian Sea have relatively poor environments and conditions, but the reserves of oil should be good. The main problems are probably government relations and transportation. ”

He didn't say anything about the problem of funds, because Qi Meng couldn't solve the problem of funds.

Qi Mengduo, a smart person, said when he heard this: "Do you want us to help you solve government relations and transportation?"

"I didn't say I was going to do Caspian oil. Su Cheng waved his hand and said, "This is not something that can be decided immediately. ”

"But if it can be solved, will Dahua Industrial consider it?"

"Of course I would. ”

"Then I'll give it a try. "Qi Meng at this moment is like a magistrate who attracts investment.

In essence, the two identities are really the same.

It's just that Qi Meng, who is in the center, is trying to influence the specifications even more.

Qi Meng's positivity has somewhat infected Sioux City.

He thought for a moment and then said: "To develop the basis for Caspian oil, in addition to acquiring oil fields, it is necessary to build an oil pipeline. For China, the Ontario line and the Caspian oil pipeline are actually in some conflict. ”

Qi Meng naturally thought about it, and said directly: "If Su Dong thinks that the Caspian oil pipeline is more valuable, I will promote this oil pipeline." ”

"What about the Ontario line?"

"Let others worry about it. Qi Meng grinned at the corner of his mouth.

Su Cheng smiled and thought, "Boy, I've saved you for 10 years."

……