Chapter 703: Picking Up the Leak
The oil sold by Shuichi Minamino was about $2 billion, and he did not come in vain for this trip to the oil summit. A total of fifteen companies have worked with him. That's a whole $2 billion in oil transactions. This transaction volume suddenly made many consortia look sideways at the Nanye Consortium. They didn't expect that Shuichi Minamino would have so much oil.
Anyway, Mitsui and the Sumitomo Consortium are very eye-catching, because the combined oil fields of the two are not as many as Shuichi Minamino.
After all this is done, the real highlight of this summit is here.
That's when the oil giants began to carve up the oil resources on this side of the Persian Gulf.
This time, there are a total of 10 billion tons of crude oil, which is a super large amount. Anyway, these consortia are very hot-eyed.
This time, the main carve-up hegemons are the Rockefeller consortium, the Mellon consortium and the Citibank consortium.
The three giants are the most powerful in the oil sector among the many conglomerates. Anyway, the other consortia are watching the excitement.
Watch these three consortia fight here!
The fight between these three consortia is nothing more than a struggle for the right to exploit the numerous oil fields in the Persian Gulf!
It's a paradise for oil, but it's full of oil.
At present, the Persian Gulf side intends to throw out dozens of oil fields of 10 billion tons for these consortiums to exploit.
Therefore, these consortia are all starting to compete with each other, and it depends on who can move out with a stronger backing.
This is not just a business war, but it has risen to another level.
The Persian Gulf region has a shallow climate with a warm climate, rich in aquatic flora and fauna, and has a wide range of good storage structures, which has the best conditions for the formation and storage of oil. The Persian Gulf region is not only rich in oil resources, but also has excellent extraction conditions. The distribution of oil is concentrated, with an average reserve of more than 350 million tons per oilfield, which is a super large oilfield; And it is mostly distributed at sea and on land near the coast, so the transportation distance of the oil pipeline is short, and the crude oil is convenient to be transported. The underground pressure of the oilfield is high, and the oil wells are mostly self-blowing wells, accounting for more than 80% of the total number of oil wells, so its production cost is the lowest in the world. The Persian Gulf accounts for more than 60% of the world's oil exports.
It is the world's largest oil exporter. Oil flows endlessly to island nations, Western Europe, and American imperialism; The rolling petrodollars have also made the once poor countries of the Gulf become the richest countries of the world in the blink of an eye.
At present, in the early 60s, the Persian Gulf did not have a lot of money to exploit oil, so it could only rely on attracting foreign capital to exploit it. In this way, they don't have to do anything and can sit back and enjoy a certain share.
After a week of bargaining, the Rockefeller consortium finally got 3 billion tons, the Mellon consortium 2 billion tons, the Citibank consortium 1.5 billion tons, and the Rothschild consortium 500 million tons......
Anyway, there are a total of six consortia that have been divided into cakes of different sizes.
As for the Minamino Foundation, the Sumitomo Foundation, the Mitsui Foundation, the Juncker Foundation, etc., they are all pitiful watching these bigwigs divide the cake. None of this has anything to do with them!
But after a week of rituals, why did Shuichi Minamino choose not to leave, that is, to see if there were some leftovers to eat. That's picking up leaks!
Sure enough, in the end, some chicken ribs were thrown out.
These places either have proven oil fields, but they are small and difficult to extract. Either that, or there is no proven oil in the place. But according to experts' calculations, maybe there is oil here.
Anyway, this type of chicken ribs was thrown out by those four or five consortia for others to buy, of course, it is a good thing that it can be sold, if it can't be sold, let's talk about it.
There are a total of 13 small oil fields sold this time, and a total of 5 unproven lands, two of which are offshore land, that is, offshore land.
As soon as these small oil fields were thrown, Mitsui and the Sumitomo Foundation were instantly excited, and they were very eager to get the oil fields. Without further ado, let's take it at a high price first.
Although it is a small oil field, it is not only difficult to exploit and has a small storage capacity, but for the Mitsui Foundation and the Sumitomo Foundation, no matter how small the mosquito is, it is meat, and they will certainly not choose to give up.
"I'm willing to pay $100 million to win this No. 2 oil field!" Mitsui reported the number loudly, for fear that others would rob him the same.
"I am also willing to pay $80 million to win the No. 5 oil field!" Sumitomo was also the quickest to strike.
Shuichi Minamino was really not interested when he saw these oil fields. He would rather not have such an oil field, but would rather look for it somewhere else.
Even these chicken rib oil fields were quickly sold out.
In the end, only two offshore waters have not been sold. One of these two offshore areas is 30 square kilometers and the other is 50 square kilometers. According to some so-called experts, there is a good chance that the stratigraphy here has oil fields. But it has not yet been proven.
The first 30 square kilometers sold for $30 million, and the second for $50 million.
But so far no one wants to buy it. After all, it's just that experts say that there are oil fields here, and there is no proof of it, who will buy it?
Besides, the investment in offshore oil field technology and cost is very high!
"I'll buy these No. 7 and No. 8 offshore lots!" After seeing that no one was buying, Shuichi Minamino chose to buy it. He plans to take a venture capital investment to see if he can successfully pick up the slack.
He felt that the average depth of the sea was 25 meters, and that it was cumbersome and expensive to mine in the 60s. But if you encounter a large oil field, you will definitely earn an explosion.
Moreover, the No. 7 and No. 8 plots are similar to the areas where the big oil fields in later generations are located, and he feels that he has to try his luck.
"Huh...... Shuichi Minamino is not a brain show funny. Dare to buy such a place? Mitsui laughed when he saw that Shuichi Minamino had actually bought such a land.
"He's gambling?"
"Venture capital, although it is tens of millions of dollars, but it is a lot of money." The boss of an oil company shook his head.
"The $80 million invested in these two places is still offshore, although the sea is not very deep. But I don't think there will be any oil fields......"
"Are you sure you want to buy it?"
"Sure!" Shuichi Minamino nodded firmly. Anyway, those tens of millions of dollars are fine.
Soon the formalities were completed, and these two places belonged to Shuichi Minamino, who owned the mineral mining rights in the two areas!
"Minamino, are you too reckless and casual like this?" When Carol saw Shuichi Minamino like this, he also persuaded.
"It's okay, rich, capricious!" Nanno said with a smile. Tomorrow he was going to take a look, using his clairvoyant eye to see if there was any oil.