Seeing that Xiao Qi remained silent, Cherosenko asked again: "Director Xiao, it is said that you have an accurate feel for the pulse of oil. I wonder if you have any opinions on the future oil price?"
"At least until March next year, oil will still fluctuate at a low level." Xiao Qidao: "But I estimate that after August, the price of oil should be able to stand above 60 US dollars. After all, the world is suffering from the subprime mortgage crisis.
Compared with countries that have not suffered from the subprime mortgage crisis, the total demand for oil has not changed much. After being suppressed for more than half a year, the price should still return to the normal range."
Xiao Qi spoke very honestly to Cherosenko this time. Although there were some ambushes, such as the price in August which should be around 80 US dollars, on the whole it was correct.
The reason is very simple. The Russians are not Xiao Qi’s opponent in the oil bet, but will be one of the largest sources of oil imported by our country for a long time to come.
For such partners, you dare not say that you will help them wholeheartedly, but at least you cannot deceive them.
It is true that most Russians are relatively stupid, but the talented and strategic overlord of Russia in the next twenty years will definitely be a tough and smart man.
Selling a little bit to Russia would be good for both the country and Xiao Qi himself.
Cherosenko was really taken aback.
He didn't expect Xiao Qi to explain it in such detail, thinking that Xiao Qi would fool him with a haha.
Seeing Xiao Qi being so serious, Cherosenko began to seriously think about what Xiao Qi said and guess whether it was true.
Each oil company in Russia has its own analysis department, plus the Russian government departments, everyone gathered together for a meeting.
Everyone knows the same thing as in Europe and the United States. Basically, this crisis will last at least a year, and oil prices will continue to bottom out in 2009. It will not pick up until 2010 at the earliest.
It is precisely because of the mainstream judgment in Europe and the United States that those financial institutions are unwilling to provide loans to Russian oil companies. At this time, if the Russian oil companies cannot sustain the loans and go bankrupt, they will be in vain.
But what Xiao Qi said was different from what they thought.
And from a logical point of view, what Xiao Qi said was very logical. It was as if it was true.
If anyone else said this, Cherosenko would definitely be dismissive. Are you better than hundreds of experts?
But the Xiao Qi in front of him was definitely a genius.
This is especially true in the oil field.
The two successful bets with Wall Street investment banks, as well as the estimate of oil prices at the beginning of this year, were successful without exception.
Encountering such a genius who could defeat hundreds of experts by one person and win three times in a row, Cherosenko felt that even if he didn't believe what he said, it was necessary to submit his inference to the superiors.
However, thinking of what Xiao Qi said, at least until March next year, it will continue to fluctuate at a low level, Cherosenko felt frustrated.
Even the interest they pay back to Xiao Qi now relies on bank loans.
But the Russian banks are not rich to begin with. The interest of hundreds of millions of dollars every month is enough for them, let alone the principal and interest of 20 billion U.S. dollars. It is absolutely impossible for the bank to give this money!
The problem is that there is still more than a month left. It has to be returned. If it is not returned, Xiao Qi will use the funds to cause trouble, which will be a huge disaster for the Russian oil industry.
When he came here this time, the most important thing was actually Xiao Qi's loan issue.
Rosneft and Lukoil are now discussing the remaining loan extension issues in other countries. When they encountered this loan from China, they sent Cherosenko here.
Yes.
These three oil companies have borrowed a lot of money.
Not only the funds they borrowed to expand production last time, but also the funds they borrowed over the years for development were suddenly forced into debt by almost all creditors because of this financial crisis.
"It's not easy for everyone. You are an oil company after all and you have plenty of money, so why don't you just pay us back?"
In this case, several of their chairman of the board hear a lot every day.
The problem is that none of the landowners have any surplus food, let alone their oil producers who have been devastated by oil prices.
For this reason, the Russian government has no choice.
Their government is already poor and needs oil, natural gas and other resources to deliver nutrients. Without these, the government itself will be in trouble, and where will the money come from to support them?
So the powerful president...oh, now it's the powerful president of the government who gave them a long and thoughtful speech, which boils down to just four words - self-reliance!
All right.
Therefore, this time Cherosenko came to China really for the huge debt of 20 billion U.S. dollars.
Of course he has no money, but he has oil, and most importantly, Xiao Qi has a contract in his hand. Xiao Qi has the right to purchase US$50 billion of oil at the oil price on any day before December 31, 2008.
If Xiao Qi can fulfill this contract, not only will he not have to pay back the US$20 billion, he will also be able to get US$30 billion back.
As for oil being sold cheaper?
Please!
Isn’t it the cheapest now?
Haven't you seen that large international oil futures transactions have been severely stagnant?
Wouldn't it be worse if we wait until it reaches 30 or 20 US dollars to sell it?
Selling it now, the price is about 40 US dollars, which is barely acceptable!
Financial institutions and entities must prepare enough money to cope with the financial crisis. If the capital chain is broken, no matter how powerful your company is, it will be broken immediately and become history.
Sell it now and get 30 billion US dollars, whether it is to pay off debts or to support the most difficult period, it is much better than thinking about raising money when the crisis comes.
But now there is a key point: the contract between Xiao Qi and the three major oil companies has a mandatory binding effect on the three major oil companies, but it does not have any constraints on Xiao Qi.
In other words, Xiao Qi can buy 50 billion US dollars of oil, but he does not need to buy it.
Cherosenko felt that he needed to persuade Xiao Qi to buy it.
The senior executives of the other two major oil companies did not think Xiao Qi was so stupid. Seeing that the price of oil dropped to the bottom, they still wanted to buy it, and it was as much as 50 billion US dollars.
So it was none other than Cherosenko.
Turning back from his thoughts, Cherosenko showed a smile on his face, "Dr. Xiao, didn't we make a contract before? Now the price of oil is almost less than one-third of the peak. I don't know.
Is there any need to buy oil now? We in Surgut are very capable and can fully meet all the needs of customers."
"I kind of don't want to buy it," Xiao Qi said with a smile. "Although the $50 billion contract is a pity, I think there is still room for the price to drop. Let's wait until January or February next year and see."
"Director Xiao, I wonder if you can lend us some more money?" Cherosenko turned to another topic, "We are in a very difficult situation now! As long as you are willing to lend us, what do you want?"
The conditions are easy to negotiate! Including annual interest of 30%. We can also agree!”
Xiao Qi laughed again when he heard this, "I'm not a loan shark, President Cherosenko. What's more, what you want is definitely not a small amount. What I'm thinking about now is to wait until January next year, and you will put 20 billion US dollars into
Return the money to me, and I can just buy the bottom."
Cherosenko immediately grimaced, "Dr. Xiao, there is no room for maneuver? We are very sincere!"
"President Cherosenko. If you think about it, the problem does not lie with this time." Xiao Qi said sternly: "This is not the first time that you have been deceived by the United States. It is not the first time that you have been deceived by financial speculators. The Soviet Union collapsed.
At that time, your national wealth was robbed by the European and American financial circles. Now the oil is just happening again!
Even if I help you this time, what about next time? I'm sure that if you offend the United States, just like Afghanistan and Iraq, then the United States will directly use economic means to make you surrender! The plunge in oil prices is one of them.
Damn it! At that time, you will still be so lucky to find me to borrow money? Will I still be willing to lend you money at that time? "
Cherosenko's face looked uncertain, but he sighed frequently.
"I understand! Mr. Xiao, it's a pleasure to meet you!" With that said, Cherosenko stood up and extended his hand again.
Xiao Qi was stunned. Isn't this Russian too stubborn to turn around? I really haven't read the Three Kingdoms. I wonder if after pointing out your dangerous situation, there will always be a life-saving idea waiting behind you?
While he was thinking, Xiao Qi smiled and motioned for him to sit down, "President Cherosenko, I haven't finished speaking yet... Are you willing to leave like this and not want to hear, is there any way I can help you?"
"
Cherosenko was shocked, opened his mouth wide, and said urgently: "Please teach me, Mr. Xiao!"
This is right!
Xiao Qi laughed, "Actually, it's very simple. Your vision is too low. You only think about buying oil and borrowing money from these companies. Why don't you think about doing business with the country?"
"Doing business with the country?" Cherosenko was not an idiot and reacted immediately, "You mean doing business with China?"
"Of course!" Xiao Qidao said: "China will be the world's largest oil consumer in the future. If you sell oil to China and form a long-term price mechanism, it will be enough to offset the losses caused by the rise and fall of oil. This will not
Is it good?"
Cherosenko smiled bitterly, "But Director Xiao, I have already contacted PetroChina, Sinopec and other Chinese oil companies before, and they have no tendency to buy oil at all!"
"Don't you understand yet?" Xiao Qi said: "I'm talking about the country!"
"But isn't your country's oil traded by these companies?" Cherosenko asked directly.
Xiao Qi also replied simply: "You can communicate with the country and give them a condition that makes them have to buy oil. Wouldn't it be enough if the country directly orders them to buy it?"
"What conditions?" Cherosenko thought about it and couldn't think of any conditions he could give.
"Have you heard of the 'An-Dalian'?" Xiao Qi smiled like a fox and said slowly. (To be continued, please search Piao Tian Literature, the novel is better and updated faster!
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