Chapter 575 - A New Decree to be Enacted
"Don, didn't you say last time that you wanted to find an oil and gas field on the eastern coast? Now I think it's time to turn your idea into reality, because just before I came here yesterday, I had already received definite information through certain connections, that is, Congress would pass a new law within five days on the restriction and protection of energy and minerals in Afghanistan and on the coastal continental shelf, and according to the information I have received, the probability of this law being passed is as high as more than 90%. ”
"What? Is that decree really going to pass? Tang Feng sat up abruptly and asked in surprise.
Sigman nodded affirmatively, "This decree was jointly introduced by some lawmakers, and it is aimed at President Christina's forcible acquisition of YPF's shares a few years ago. Because that incident led to the continuous weakening of foreign investment in Argentina's energy and minerals in recent years, in order to change this situation, out. It is imperative for Taiwan to have such laws and regulations with compulsory protection. However, the conditions for this to be protected by this new decree are quite stringent, and this decree is mainly issued for the protection of oil and gas fields, shale oil and gas, and nuclear fuel mines, so if you really want to find oil and gas fields from the eastern coastal continental shelf of Argentina, and want to be protected by this new decree, then you have to meet the conditions set out in this decree. ”
"Hehe, Mr. Sigman must already know the conditions required in this decree, right?"
Sigman nodded and said: "The main condition of this decree is to increase the investment requirements for ancillary facilities for deep processing of energy and minerals, to put it bluntly, once this decree is really promulgated and implemented, then it will be impossible to dig oil in Argentina in the future." As far as I know. The main condition of the new decree is that if you dig up oil in Argentina, you need to have at least 40% of the output processed in refineries in Argentina before it can be sold abroad. In other words, no matter how much crude oil you dig out, at least 40% of it must be sold to Afghanistan at cost price. Only when this most basic condition is met. Then your energy mine will be protected by this decree, and there will never be another incident like that of YPF. ”
Tang Feng nodded thoughtfully and asked: "I can understand this, after all, although the price of crude oil is sluggish now, at this stage, oil and gas resources are the fundamental energy minerals of a country, and it is understandable for the Argentine Parliament to introduce such protective measures." However, if this refinery was built by me, is it still within the scope of this law? ”
Sigman smiled and said, "Actually, what you said is similar to the core of the decree I just said. The reason why the Argentine parliament came out. Taiwan such a decree. The fundamental aim is to increase the amount of capital investment in Argentina that is larger. Argentina's economy is booming, and the demand for energy mines is increasing, so Argentina does not want to become a pure energy exporter, even if it wants to sell energy, the most delicious meat in it must be eaten by the Argentine government first. ”
Next, Sigman began to tell Tang Feng about the content of this decree, which is absolutely confidential to ordinary people in Argentina, but to a tycoon like Sigman. That's simply transparent. Or rather, the issuance of this decree. Platform. It was even Sigman who found a few well-connected parliamentarians to jointly propose it. Don't forget, Sigman is still a heavyweight member of the Senate.
As soon as Sigman said this, Tang Feng completely understood that this was about to come out. How did Taiwan's decree come about? In fact, this is a disguised upgraded version of the incident when President Christina ate YPF shares, President Christina was a little too anxious, so the appearance was ugly, but fundamentally. There's nothing wrong with what they're doing.
But after all, that incident affected Argentina's mining investment environment, so in order to reverse this unfavorable situation, the Argentine parliament is ready to come out. Taiwan's new measures have laid down in the form of law such things that should have been reasonable and reasonable.
If you want to dig for oil in our Argentine territory, we welcome it with both hands. But you can't just dig for oil, you have to make a corresponding amount of basic investment in Argentina, you have to provide a certain number of jobs for the local government, if you can't even do this, just think about digging up oil and sell it, sorry, we don't need such an investment.
We Argentina are not Nigeria, Ghana, those African countries, as long as you give money, you can dig for oil, we Argentina is particular about long-term development, our eyelids are not so shallow, so, if you want to get the protection of the law in our Argentina, then do what we say.
Either you will sell 40% of the oil you dug out to Argentina at cost price, or you will sell the same amount of crude oil to our refineries for deep processing and then sell it, anyway, it is absolutely impossible for you to dig oil and not invest. Of course, you can do that, but you are not protected by this decree, and if we make any move to take back the sovereignty of oil and gas, sorry, it is not that we made mistakes first, but that you did not meet our requirements!
Of course, you don't sell to our refineries in Argentina, you can invest in an oil refinery in Argentina, and we welcome it with our hands held high, so that even if you dig out the oil and go to your own refinery, our local government will not earn a penny from you, as long as you pay taxes according to the regulations, of course, more than two-thirds of the employees of the refinery must be Argentine citizens.
In addition, the size of your refinery must match the size of your oil and gas field, you find a large oil field with reserves of one billion barrels, and as a result, you invest in a small oil refinery on the shore, hehe, you really dare not attack you when we are vegetarians?
We are a sovereign country, we have our own laws, if you want to mine in our country, you have to obey our laws, if you dare to break our laws, we also have our own police and army, and we have a way to deal with you bad businessmen! (To be continued.) )