Regarding the decree that the Argentine parliament is about to pass, Tang Feng takes it for granted.

Argentina's development speed is very fast, especially from the nineties to the present in the past 20 years, Argentina's development speed can not be said to catch up with China, but it is definitely quite fast, and in comparison, Argentina's legal construction speed is somewhat unable to keep up.

Although the "Mining Investment Law" promulgated by the Argentine government in 1993 seemed to be very good at the time and was very suitable for the Argentine economic environment at that time, after more than 20 years of development, the regulations promulgated 23 years ago have actually failed to keep up with the development of the times.

When the "Mining Investment Law" was promulgated, Argentina was in urgent need of foreign funds to develop various rich mineral resources in its territory, but in the 21st century, especially in recent years, Argentina's own oil and gas resources that could not be used up by themselves would appear in a strange and insufficient state.

However, the incident also shows the change in the attitude of the Argentine ruling authorities towards the country's mineral resources.

Tang Feng asked himself, if he was the ruler of Argentina, he was afraid that he would come out. Taiwan's regulations are even stricter than this one, and it may not be long before Argentina's new "Mining Investment Law" is released.

However, no matter how and when this decree is promulgated, it will not affect Tang, because Tang originally wanted to invest in a large-scale integrated oil refinery in Argentina. Of course, this refinery is not funded by Tang Feng, but jointly built by Tang Feng and its partners.

At present, the traditional oil led by Saudi Arabia and the shale oil of the United States are in dire straits, and the international oil price has been in shale moderation. It is said that this is not a good time to develop giant oil fields, but Tang Feng can't wait, the space program needs too much money, although those copper mines and precious metal mines are very valuable, but it is not so easy to monetize, only oil. is the fastest monetization.

It is precisely because of this that Tang intends to "develop" a super oil field on the continental shelf in Argentina.

For Tang, those limitations of traditional oil fields are almost non-existent. When it comes to developing a conventional oil field, the most expensive area is the cost of exploration, not the direct cost of oil production. As it stands, survey costs account for almost two-thirds of the total mining costs. This is definitely not an exaggeration, as the average barrel of crude oil in an onshore field cost as much as $26 based on last year's oil extraction costs. And how much does a barrel of crude oil cost for direct oil recovery? That's about $12!

Of course, this average price is a figure obtained by averaging the cost of extracting those oil fields in the Middle East, and in fact, the cost of onshore oil production in all countries except the Middle East is very high.

As for offshore oil and gas fields, the cost of production is even higher. This cost is mainly due to the high cost of surveying, because the survey cost of offshore oil fields is double or even triple that of onshore oil fields! At present, the average cost of offshore oil field exploration is as high as 65 US dollars per barrel of crude oil! As for the cost of oil recovery. Offshore and onshore oil fields are about the same. That is, the search for oil fields at sea. Unless you can find an oil field with reserves of more than 200 million barrels, you won't even get back the survey costs!

But all this is nothing to Tang Feng at all. Whether it is an onshore oil field or an offshore oil field, the largest exploration cost does not exist for Tang Feng at all, and as for the oil production cost, it is even more hehe, there is a star core split. Tang Feng can even make this oil field spray itself all the time, just like the Beaumont oil field.

Now the two wells in the Beaumont oilfield that are producing oil, after a year of eruption, are still self-blowing wells, and the daily output of more than 10,000 tons is the same as playing.

So for Tang Feng. Even the oil fields he found offshore were even cheaper to extract than those of the superland fields in the Middle East. Even with the production tax of about $4.1 per barrel (the $4.1 production tax is the average global oil production tax in 2015, which is slightly higher in the Middle East and the United States, and slightly lower elsewhere, an average figure is used here). The overall production cost of the oil fields that Tang found offshore would not be higher than $15 per barrel.

To do this, Tang Feng is still quite sure.

As long as you "find" a large enough offshore oil and gas field, then you don't have to worry about someone following your ass to invest in the construction of those ancillary facilities. Benjamin has complained many times that ExxonMobil, owned by the Rockefeller family, has never entered the Argentine market, which is a bit of a problem for the world's largest private oil company.

Now the opportunity has come, as long as Tang Feng reveals some news to Benjamin's kid, I'm afraid this guy will cry and make trouble to invest, this is a good time to surpass Total in the Argentine market in one fell swoop, presumably the Rockefeller family is absolutely unwilling to see the French company on top of their heads.

And the richest man in Argentina next to him, the reason why this old gentleman came all the way to greet him, and he also told himself this information like a treasure, what did people want? Do you still need to say this out loud? People must want to get a piece of the pie too!

Don't look at the current international oil prices, but no one can deny that in this era, oil is a mineral resource that is stronger than gold!

Well, since people are kind enough to provide this news to themselves, then they can't chill people's hearts, right?

Thinking of this, Tang Feng put down the cigar in his hand and said to Sigman with a smile: "Mr. Sigman, I know all these things, and then I need to obtain your oil and gas exploration and development license for offshore blocks on the continental shelf off the eastern coast of Argentina, Mr. Sigman, how about this task be handed over to you?" How about I go back to the United States to invest in a large-scale integrated oil refinery of at least $5 billion and at least 3,000 jobs? ”

Sigman clapped his hands with a smile and said, "This is a very good proposal, but I don't want to just go through the formalities for you, I also want to invest!" Well, I have about 400 square kilometres of land near Stro Ide in the south of Buenos Aires, and the railway line from Puerto Blanca to Viedma passes through my farm, and I can also get a licence for oil and gas exploration and development of offshore blocks on the continental shelf in the Gulf of Anegada and beyond!"

Tang Feng smiled slightly, stretched out a fist and said, "10%, I can only give you 10% at most, because that oil refinery worth five billion dollars only accounts for 20%!" ”

Sigman laughed and said, "Deal!" (To be continued.) )