Chapter 294 VAM Agreement
In previous conferences, OPEC members have decided to increase or decrease the organization's overall oil production in order to maintain a stable oil price and provide consumers with a stable supply of oil in the short, medium and even long term. In recent years, OPEC has repeatedly caused oil prices to skyrocket to compete with the United States and other developed Western countries. It plays a significant role in balancing the world's forces.
The member countries of the organization control about two-thirds of the world's oil reserves, account for more than 78% of the world's oil reserves and provide more than 40% of oil consumption, and they account for 40% of global oil production and half of exports. Since oil sales are dominated by the US dollar, the exchange rate of the US dollar against other currencies has a direct impact on OPEC's pricing of oil. When the U.S. dollar falls against other currencies, OPEC members charge less for other currencies. Because they continue to sell oil in dollars, this will lead to a direct decline in purchasing power. When the euro was introduced, OPEC decided to use the euro instead of the dollar as the transportation currency for selling oil.
Because the interests of Huaxia and Long Dan were involved in this OPEC conference, the representatives of Huaxia and Long Dan were also specially invited. The focus of the discussion at the conference was nothing more than the reduction of Iran's oil production. Because Huaxia's Longdan investment in Iran is too large, the initial investment is more than 1 trillion Chinese dollars, that is, 200 billion US dollars, and if more than 200 billion US dollars are invested in the later stage, it will greatly stimulate Iran's crude oil industry, and at that time, Iran's crude oil production will be a barometer of the world's crude oil prices. In the end, there was no arguing and no agreement was reached, and just when the meeting was about to be put on hold, Long Dan said: "Things have to be discussed, and I think there is a way to solve this dispute."
The oil ministers of several countries couldn't wait to know what kind of construction Long Dan was proposing, because they all knew that if this meeting collapsed, Long Dan would spare no effort to exploit oil in Iran, and it would be Iran, Long Dan, and Huaxia who would get the benefits. Even if OPEC sanctions against China, China will not accept that set. The current Huaxia is no longer the Huaxia of the past, and it is okay to shout sanctions verbally, but it will be difficult to implement them. What's more, the Iranian side has finally found such a big buyer, and it will not give up lightly.
So someone asked Long Dan, and Long Dan explained: "I think there are two problems that can solve this problem, one is that we can give Iran a minimum protective price, such as 50 US dollars a barrel, or how many dollars, if the price of crude oil rises, it will be according to the new price, if the price of crude oil falls, it will be paid to Iran according to this minimum price, so that there is no suspicion of impacting international crude oil prices; The second is that OPEC's crude oil settlement should be settled in Huaxia currency, so that China's interests will be tied to the OPEC organization, and I think Huaxia will also agree."
After hearing about this plan, the oil ministers of the entire OPEC said that it was good, especially the second plan, which should be settled in Huaxia currency, which is indeed a good idea, and now the US dollar and the euro are obviously not as strong as Huaxia currency. Some time ago, the euro and the dollar were all rescued by Huaxia's Longdan, and if the international oil price is bound to the Huaxia currency in the future, the powerful Chinese government will also come forward to help. Because, as we all know, the Chinese nation has a friendship with the mold country than Europe, and the purchase of the national bonds of the mold country is a clear proof of this.
However, the first problem is a bit troublesome, this protection price is not easy to formulate. If it is set high, Huaxia will definitely not be willing, and if OPEC is hit by the low, it will have to be discussed. In the end, after Long Dan discussed with the high-level of Huaxia, it was most appropriate to use the current price as the protection price, equivalent to 300 yuan in Huaxia currency, and then settle all OPEC oil business according to Huaxia currency. When the Huaxia representative said the price, the OPEC member states were happy. It is said that Huaxia is a country that is reasonable, and this price is very moderate, which will not affect Iran's income and will not impact the price of OPEC, but OPEC still limits the final output of Long's enterprises in Iran, and the daily crude oil production cannot exceed 20 million barrels, if it exceeds this amount, unless the entire OPEC member countries agree. In this way, Huaxia signed a VAM agreement with the entire OPEC oil organization, but later time proved that Huaxia's VAM was still right, because the final crude oil price reached 500 yuan per barrel.
In particular, several oil-exporting countries other than Iran have extended olive branches to China, and they have all said that at an appropriate time, they will invite China's oil minister to visit their own country and intend to sell their country's crude oil to China. Within a few months, Huaxia's oil companies visited these countries and signed a series of oil import targets with these oil tycoons, which immediately alleviated China's oil shortage.
What is even happier is that OPEC members, with the huge market of China, their own crude oil is really not worried. Another important reason is that with the protective price of 300 yuan per barrel, OPEC members can make a lot of money. However, there are those who are happy and those who are worried, and the EU countries are not happy, but the major consortia of the mold countries are not happy. Although the country is a major oil producer, it is also a major consumer, and the import of crude oil is second only to China, and it is also a huge consumption market. If Huaxia limits 300 yuan per barrel of Huaxia currency, it is better to say that if the price of international oil is reduced, several major consortia of mold countries will lose hundreds of billions of yuan every year. As a result, several major consortia in the mold country came up with a bad idea to join forces to increase the production of international crude oil at any cost, so as to lower oil prices, artificially reduce international crude oil prices, and let Huaxia itself implement protective prices, losing hundreds of billions of dollars every year, that is, trillions of Chinese coins.
As a result, several major conglomerates of the country forced the government to use force against Iraq and carry out military strikes against Iraq, in an attempt to destroy the country in one fell swoop, to control the entire Iraqi oil industry, and to influence the price of crude oil in the whole world. Why did the mold country use force against Iraq? There are three reasons for this: first, Iraq is also a major oil producer, with reserves of 150 billion barrels, second only to Iran, ranking fourth in the world; Second, Iraq is a small country with a population of less than 40 million, especially the land area, which is less than one-fourth the size of Iran. Third, since China has already established an alliance with Iran, it will not take another action against Iraq.
The reason for the attack on Iraq was simple: to protect Kuwait. Kuwait is a smaller country, smaller than Iraq, a small country, Iraq has waged war against Kuwait, and the mold country has found this reason. In one night, the mold country suddenly declared war on Iraq and launched an all-round air strike on Iraq. Because Iraq's land area was too small, the moldy country blew Iraq up to the bottom overnight, and soon overthrew the Iraqi regime controlled by Saddam. During this period, the military of the moldy country also caused a military accident and hit the Chinese embassy in Iraq with a dud, causing great economic losses and political impact on China. The cunning mold people hurriedly apologized to Huaxia, saying that it was caused by a mistake in the missiles of the mold country's military, and also compensated Huaxia for the loss of 60 million Chinese coins.
After Long Dan knew about it, he personally punished the moldy country, or the high-level of Huaxia dissuaded him, thinking that this matter did not cause excessive losses, and now don't talk about the war lightly, since the moldy country has admitted its mistake, it will be a mistake. When Huaxia's military strength is really strong in the future, it is not too late to calculate this account, and this matter is concealed.
After the occupation of Iraq, several major consortia of the mold country took over all of Iraq's crude oil industry, completely ignoring the warnings of the OPEC oil organization, desperately exploiting Iraq's oil, so that Iraq's crude oil production reached an incredible level, and a few months later, the international oil price was pushed below 200 yuan per barrel, and the lowest time was 100 yuan per barrel. In this way, China imports tens of millions of barrels of crude oil every day, and it will spend more than 4 billion Chinese dollars a day, and more than 1 trillion Chinese dollars a year. For a time, Longdan's Iranian oil production company and Huaxia's crude oil import company were criticized by all walks of life in China, and the faces of Huaxia's top executives were not good-looking. Several major consortia of the mold country secretly laughed, and the president of the mold country proudly announced: The price of national oil is still determined by the mold country, OPEC regulations are not suitable for the mold country, and the mold country is still the leader of the world.
After Long Dan looked at this situation again, he took the initiative to find the top management of Huaxia and wanted to lower the price of crude oil without authorization, but the top management of China did not agree, considering the long-term cooperation with Iran and OPEC in the future, so he gritted his teeth and continued to accept Iranian crude oil at a high price. This has made Iran and OPEC member countries see the sincerity of the Chinese people, and at the same time, they can also see the insidiousness of the moldy people. At the same time, the OPEC organization will hold another OPEC meeting to discuss the issue of whether to reduce the price of China's crude oil.
At this moment, the overthrown Iraqi nationals did not see the benefits brought by the moldy people, but the frenzied plundering of Iraq's oil resources. As a result, a large part of the population has awakened, and even the traitors who once led the way for the moldy army to exterminate Saddam's army have turned around and joined the new government army that opposes the Iraqi government that interests the moldy people. The anger of the revolt soon spread throughout Iraq, and there were *** troops everywhere, and the puppet government of Iraq was crumbling, and most of the Iraqi oil fields were soon controlled by the *** armed forces, and the plan of the moldy country to frantically exploit Iraqi oil failed. International crude oil soon returned to its normal price, and the Americans' plan to disrupt international oil prices to crack down on China was miscalculated.