Chapter 159: Out of Oil (Ask for Collection)

"Is there oil in Tripoli and Cyrenaica?" Italian Prime Minister Giovanni? Joliti summoned oil experts and scholars to ask them this question. Pen % fun % Pavilion www.biquge.info

"Your Excellency Prime Minister, how can there be oil there? We have been exploring there for a long time, there is no oil there at all! Italian experts and scholars, this is how to answer Giovanni? Jolietti.

Although there are still some doubts in mind, Giovanni? Jollietti doesn't dwell on that anymore. Even if Tripoli and Cyrenaica did have oil, it would be worth it if they could use it to repair relations with the German Empire. Giovanni, though? Giolitti also thinks that how can there be oil in a desert North Africa?

Giovanni? Giolitti instructed the Italian envoy to accede to Qin Tian's request. However, just in case the Germans really found oil in North Africa, Giovanni? Giolitti demanded that the Italian government receive a 40 percent share of North Africa's oil revenues in the future.

After all, Italy is also a country that is desperately short of oil. If there is oil in North Africa, it can be shipped back home directly by sea, which is far more cost-effective than buying it from other countries.

For the request of the Italians, Qin Tian did not refuse.

Now Germany is stockpiling oil on a large scale. With most of the Navy's warships using oil-fired boilers, the Army's large-scale procurement of trucks, and the increasing number of civilian cars, Germany's consumption of oil is also increasing. In order to obtain the most oil at the lowest cost, Qin Tian decided to extract oil from North Africa after careful consideration. Although, in the event of a war, the oil fields there would inevitably fall into the hands of the Entente. But Qin Tian believes that after a year or two of exploitation, Germany can store enough oil. In this way, it will basically be able to deal with future wars. When the war is won, the oil fields will naturally be able to be recaptured. Moreover, it can also be used as a reason to further extort more wealth from the defeated countries.

With the support of Germany, the Kingdom of Italy was more confident in this war.

On 28 September 1911, under the pretext of the injustice being inflicted on Italians in Tripolitania and Cyrenaica, the Kingdom of Italy preemptively issued an ultimatum to Turkey in North Africa, threatening to invade those regions. Turkey called on all countries to stop Italy's invasion attempts, but the major powers persuaded Turkey to accept Italy's demands. In this case, the Italo-Turkish War broke out.

Although the combat effectiveness of the Italian army was very good, the Ottoman Turkish Empire, which was the sick man of West Asia, was not much stronger. Although, the Ottoman Turkish Empire and the resistance of the locals cost the Kingdom of Italy a lot. However, when Italy sent 100,000 troops to the battlefield, the Ottoman Empire could not survive.

The war, which lasted almost a year, ended in a crushing defeat for the Ottoman Turkish Empire. The Kingdom of Italy and the Ottoman Turkish Empire signed a treaty on 18 October 1912 at Ouchy, near Lausanne.

The treaty stipulated that the Ottoman Turkish Empire must withdraw all military personnel from the province of Benghazi, but in return, Italy would return Rhodes and 12 islands close to the Ottoman Turkish Empire. Benghazi province will have a special status, with a regent and judges representing the caliphate. Before appointing these regents and judges, the Ottoman Turks would ask the Italian government. The Ottoman Turkish government would be responsible for the costs associated with the regency and judges.

As a result, the Ottoman Empire still nominally owned these territories. But in reality, these territories had become Italian colonies and were under the control of the Italians.

The Kingdom of Italy won this war, which was also extremely advantageous for Qin Tian. Before the signing of the treaty, Deutsche Energie immediately sent a large number of exploration experts and engineers into Cyrenaica and headed straight for the Siirt Basin. You must know that the oil in the Siirt Basin accounted for 80 percent of all the oil reserves of Libya in later generations. Libya's oil reserves are the ninth largest in the world and the largest in Africa.

Although, many people are skeptical that there is no oil in a desert of North Africa. However, Moritz, the managing director of Deutsche Energie AG, is convinced. He personally led a team to the Siirt Basin in search of oil.

Perhaps God forbid, just a month later, they drilled the first high-production oil well in the Siirt Basin.

Almost all of them were stunned. No one expected that there was so much oil buried under the yellow sand here.

On the one hand, Moritz organized further exploration, and on the other hand, immediately reported back to the country.

After Qin Tian received this news, he finally breathed a sigh of relief in his heart.

"Karl, from now on, Deutsche Industrie fully supports the energy company in the oil exploitation of Cyrenaica and finds a way to build the oil pipeline and bring the oil back there in the shortest possible time. In addition, the construction of domestic oil storage facilities also needs to be accelerated. We need to reserve more oil for future wars! Qin Tian commanded.

Although the price of oil is still relatively low, it is naturally cheaper to store the oil you extract than to buy it from outside, and you don't have to worry about getting stuck.

"Yes, Your Highness." Cal? Feng? Jonalet nodded excitedly. He also knew how important the discovery of oil fields in Cyrenaica was to Germany.

Deutsche Energie found oil in Cyrenaica, which filled other countries with envy and jealousy. In particular, the Ottoman Turkish Empire, which had just lost Cyrenaica, and the Italian government, which had handed over the right to oil extraction to Deutsche Energie Company, were even more tearless. If there was a regret pill, they would never do such a thing. The Italian government, in particular, can now only watch Deutsche Energie extract its oil. Although, they can get forty percent. But if you can swallow it all, who wants to ask for that forty percent?

Of course, in the face of the powerful German Empire, the Italian government did not have the courage to go back, so it could only pinch its nose and admit it.

Britain, France and other countries are worried. Germany has access to a large amount of oil, which will free Germany from its energy shortage, which is a huge threat to them.