Chapter 591 Investing in PetroChina and Sinopec

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Presently. Pen @ fun @ pavilion wWw. biqUgE怂 ļ½‰ļ½Žļ½†ļ½

With the support of sufficient funds provided by Xu Cun, Pu Whale and Hillary Clinton coincidentally chose to construct the project in sections, and mobilized millions of Soviets and Americans to build the 'West Siberia-Pacific' oil weather pipeline and the 'Canada-Pacific' oil and gas pipeline.

This time, one of the reasons why Xu Cun personally went north was to discuss with the Chinese side that China would build China's territory (including not only land, but also sea). ), and is preparing to connect with the two oil and gas highways, the 'West Siberia-Pacific' oil weather pipeline and the 'Canada-Pacific' oil and gas pipeline.

Actually,

Judging from China's current situation, China simply does not have the economic conditions to buy oil and natural gas, nor does it need to buy oil and natural gas from other countries -- at present, China can consume tens of millions of tons of oil every year, while in recent years China has produced more than 100 million tons of oil every year, and is completely self-sufficient. Moreover, since the beginning of reform and opening up, China has relied on selling oil in exchange for foreign exchange, and about one-fifth of the foreign exchange it has today is earned by exporting oil (more than one-third in the previous life). )。

In other words, there is no need for China to connect with the two oil and gas highways, the 'West Siberia-Pacific' oil and weather pipeline and the 'Canada-Pacific' oil and gas pipeline.

However, it doesn't matter -- China is unwilling to pay for the construction of oil and gas pipelines in China that connect with Xu Cun's two oil and gas highways, and Xu Cun can pay for them himself.

Without China's expense, China can earn a lot of foreign exchange from the construction of these oil and gas pipelines, and the most important thing is that once these pipelines are built, there will also be a guarantee of resources for China, an oil-poor country, and the current Chinese leaders will only disagree if they are collectively stupid.

Therefore, the Premier's Office Meeting of the State Council has decided that:

In view of the needs of China's domestic market economy development and the requirements of the transformation of government functions, the State Council abolished the Ministry of Petroleum Industry and established the China National Petroleum Corporation based on the main resources and assets under its jurisdiction.

As a large-scale joint venture, state-authorized investment institution and state-controlled company in China, China National Petroleum Corporation (CNPC) is mainly engaged in the production business of oil and natural gas upstream fields, and also has some government management and control functions.

Twelve oil and gas field enterprises directly under the former Ministry of Petroleum Industry, other enterprises and institutions directly under the Ministry of Petroleum Industry and other companies and units were transferred to China National Petroleum Corporation.

The 12 oil and gas field enterprises directly under the former Ministry of Petroleum of China National Petroleum Corporation are as follows:

Daqing Petroleum Administration, Liaohe Petroleum Exploration Bureau, Xinjiang Uygur Autonomous Region Petroleum Administration, Sichuan Petroleum Administration, North China Petroleum Administration, Dagang Oilfield Group Co., Ltd., Tarim Petroleum Exploration and Development Headquarters, Tuha Petroleum Exploration and Development Headquarters, Changqing Petroleum Exploration Bureau, Qinghai Petroleum Administration, Yumen Petroleum Administration, Jidong Petroleum Exploration and Development Company and other 12 oilfields and oil transportation enterprises.

The oil and gas pipeline in China (the part that connects to the 'West Siberia-Pacific' oil and weather pipeline) built by Xu Cun privately belongs to China National Petroleum Corporation. Xu Cun also provided $5 billion in development funds to China National Petroleum Corporation for further development.

The distribution of shares of China National Petroleum Corporation is as follows: 70 percent of the shares of the company designated by the State Council, and 30 percent of the shares of Xu Cun himself.

China Petroleum & Chemical Corporation, established on February 19, 1983, was restructured into a large-scale joint venture, state-authorized investment institution and state-holding company in China, mainly engaged in oil and gas exploration, exploitation, storage and transportation, sales, comprehensive utilization, petroleum refining, refined oil storage, transportation, wholesale and retail business.

The 12 oil and gas field enterprises directly under the former Ministry of Petroleum Industry and other enterprises and institutions directly under the Ministry of Petroleum Industry were transferred to China Petroleum & Chemical Corporation.

The 12 oil and gas field enterprises directly under the former Ministry of Petroleum of China Petroleum & Chemical Corporation are as follows:

There are 12 oilfields and oil transportation enterprises, including Shengli Petroleum Administration, Zhongyuan Petroleum Exploration Bureau, Hanjiang Petroleum Administration, Henan Petroleum Exploration Bureau, Jiangsu Petroleum Exploration Bureau, and East China Oil Transmission Administration.

The oil and gas pipeline in China (the part that connects to the 'Canada-Pacific' oil and gas pipeline) built by Xu Cun privately belongs to China Petroleum & Chemical Corporation. Xu Cun provided US$5 billion in development funds to China Petroleum & Chemical Corporation for further development.

The distribution of shares of China Petroleum & Chemical Corporation is as follows: 70 percent of the shares of the company designated by the State Council, and 30 percent of the shares of Xu Cun himself.

In other words, through the West Siberia-Pacific oil and gas pipeline and the Canada-Pacific oil and gas pipeline, Xu Cun has successfully reached into China's two future giants, PetroChina and Sinopec.

Of course, large enterprises such as PetroChina and Sinopec, which are related to the lifeblood of China's economy, Xu Cun will never get the actual management rights. At most, Xu Cun will be able to use his 30% stake in each of the two giant companies (before listing), as well as the two oil and gas highways, the 'West Siberia-Pacific' oil and gas pipeline and the 'Canada-Pacific' oil and gas pipeline, to influence some of the decisions of these two giant companies.

Under the general trend, Xu Cun and Premier Li had a very pleasant talk -- with the two major prerequisites of Xu Cun's investment in the China National Petroleum Corporation and the China Petroleum and Chemical Corporation, and the construction of oil and gas pipelines in China by China, it is naturally easy to talk about the details of the construction of oil and gas pipelines in China, and moreover, Xu Cun and Premier Li will also talk about the general framework of this matter, and the details will be discussed by the people below, which is undoubtedly easier to discuss. As for letting China set up a department dedicated to helping Xu Cun solve investment troubles, it is also a good thing for both sides, and Premier Li will naturally not refuse.

I stayed in the premier's office of the State Council until more than four o'clock in the afternoon, when Xu Cun, Meng Guangmei, Weng Hong, Li Meifeng, and Lin Fannan left.

After leaving the Prime Minister's Office, Lin Fannan said goodbye to Xu Cun and others and went back to his own home to formulate an implementation plan related to today's conversation.

Subsequently, Xu Cun took Meng Guangmei, Weng Hong, and Li Meifeng back to the current No. 1 beauty in the mainland who was waiting for his Baicunju......

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