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Chapter 650 Huge investment

However, others can remain silent, but Ji Kai, a member of the Politburo who is responsible for energy security, can no longer remain silent. "General Secretary, according to our energy security deployment, our oil reserves have reached the 90-day standard, which means we have a strategic reserve of 200 million tons. If we expect oil imports to be reduced by 200 million tons, our reserves can ensure that we will support one year without increasing existing consumption. However, if we cannot find a new energy supply path during this year, we will face an energy gap of 200 million tons per year."

200 million tons is one-quarter of the current consumption. If the supply source cannot be found, the domestic oil supply will enter an extremely tight situation after a year. Maybe in addition to the number limit, there will be a plan to limit oil purchases by number in the future, which will cause domestic people to complain.

Member Ji Kai said for a long time and seemed to be talking nonsense that had nothing to do with solving the current problem. However, none of the people who could sit in this conference room had enough brains, so the people around him were focused on listening to Ji Kai's key point. "From the current world oil production, most of the oil production is still concentrated in the Gulf region. Although Russia, Africa and America can grow, it is still far from making up for the huge output losses caused by the war. Moreover, since there is almost no local production in Europe, which has a greater impact in this wave of impact, is unexpected that they will turn to the acquisition of oil produced in these regions, which will not only lead to a sharp rise in oil prices, but will also allow us to obtain not too much of the share."

"So from the perspective of external supply, if the Gulf region cannot resume normal supply, we are unlikely to find enough alternative sources of imports." Ji Kai's words made everyone feel cold. How can we do this? Could it be that we have to go to the Bay to do another battle with the US military and expel the US military from the Bay region within one year?

This idea is just to think about it. With the current strength of the People's Liberation Army, it is already very good to be able to defeat the US military at home. It is a strange area that is far away from thousands of mountains and rivers, whether it is the ability to deploy troops or combat capabilities, it is no different to dream to defeat the US military that has been working there for decades.

Therefore, it seems that the overseas energy supply market is blocked.

"I believe everyone knows that if Americans don't let go, our energy imports will be stuck, unless we rely on ourselves and increase our oil production internally to make up for this huge gap." Although Ji Kai was not mentally prepared for the current emergencies, he could see that he still worked hard on domestic energy supply on weekdays, so he knew these data well and could open the story without any manuscripts.

"But after the potential tapping work in the past few years, our land output has exceeded the high point of 300 million tons, and we have basically tapped the potential of various major oil production areas in the mainland. The rest is to ask for oil from the offshore. After the efforts of CNOOC, our offshore oil field output has exceeded 100 million tons. Basically, we are mining in places where we can exploit within our undisputed territorial waters." Ji Kai continued.

"The only production areas that can increase such a huge output are the East China Sea and the South China Sea. But everyone knows that in these waters, the US military is eyeing each other. It seems that the US military has not been in a state of movement during this period, but has unknowingly controlled several major sources of my energy supply."

Ji Kai said this, and everyone suddenly realized that the Americans dominated the world for nearly a hundred years. The profound foundation and grand layout are indeed not comparable to ordinary countries. Being able to defeat them several times at home did not shake their foundation. Just like this time, just a light move in the Gulf of the Middle East can leave us almost helpless.

This is more powerful than any sanction. It not only will greatly increase the cost of our import of oil, but also a huge energy supply gap can also put the domestic economy in serious difficulties.

"No wonder in the past few years, the Americans have suddenly increased their pace of investment and exploitation of oil and gas resources in China and America. At that time, we applauded the Americans' move, believing that this could stabilize the rise in international oil prices. Now it seems that these are the first moves set by the Americans," the Prime Minister sighed and said, "Once the Americans think the time is necessary, they can use this move to jamm our necks at any time."

After hearing Ji Kai's words, Chief No. 1 frowned. Since the Americans were prepared, this move was obviously not something we could easily break. Chief No. 1 glanced at the military representative Vice Chairman Liu and Chief of General Yang Hongsheng, as if he felt the expectations of Chief No. 1. Vice Chairman Liu smiled bitterly and asked: "If the military can ensure the safety of the South China Sea and the East China Sea, can we ensure that the new energy supply can make up for the losses of overseas imports within one year?"

"It's not a big problem from a technical point of view," Ji Kai replied, "but to building such a huge production capacity, in addition to technical problems, the financial pressure is actually very high. In terms of our current construction cost, it takes 120 million yuan per 10,000 tons of production capacity, and 200 million tons will need to be built in the short term, which requires more than 2.4 trillion yuan."

2.4 trillion! Although everyone here is a big shot in the domestic politics and is used to big numbers, everyone still took a breath of breath with such a huge amount in front of them. Although the domestic economy has continued to grow over the years, the total GDP in 2018 reached more than 80 trillion yuan and the fiscal revenue exceeded 15 trillion yuan, but now there are money everywhere in the country. In recent years, the preferential policies of military expenditure have prevented the fiscal deficit from increasing revenue.

This huge financial expenditure is obviously unsupportable.

"The military can find ways to escort the offshore oil industry," said Vice Chairman Liu. "From next month, we will conduct a large-scale military exercise in the East China Sea and the South China Sea to show our determination to the world; at the same time, we will send our strategic nuclear submarine force to test-fire the latest missiles in the Pacific to strategically deter the US military. With a batch of new weapons and equipment about to join the active service, the military is determined to defeat 2-3 aircraft carrier formations of the US military at the cost of a fleet, achieve victory in conventional wars around the surrounding areas, and ensure that our energy industry has a peaceful production environment."

Hearing Vice Chairman Liu's statement, Chief No. 1 breathed a sigh of relief, but when he thought of the huge astronomical figure of 2.4 trillion, Chief No. 1 still felt helpless. This was not a small amount. It could be solved by making some donations and issuing some bonds.

What exactly can we do to solve this big problem? The No. 1 leader and the Politburo, who had just seen the light of the light, fell into new contemplation.
Chapter completed!
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