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Chapter 620 Crude Oil Market Earthquake

Crown Prince Khalifa met with Yao Yuan secretly, and the two talked for more than three hours, which is extremely rare.

The next day, the Ministry of Petroleum of the United Arab Emirates organized an official visiting group to visit the Oriental No. 5 Well. All the heavyweights from various companies who had already impatiently gathered at the Kempinski Hotel were crossing the sea to show off their magical powers. They were about to visit

Invitation letter to the group.

The visiting group suddenly swelled to more than a hundred people.

Su Jianmin, general manager of Dongfang Petroleum Corporation, took them to visit the Dongfang No. 5 and Dongfang No. 1 wells. It took a full day. If Su Jianmin hadn't said that the Dongfang No. 5 drilling platform would be improved, they would have stayed there.

of.

On that day, international oil prices fell 3%.

At home in the villa, Yao Yuan quietly hid behind the scenes.

Ruiz was very good at not leaking Yao Yuan's residence, and the security in the villa area was very strict, otherwise Yao Yuan's residence would have been surrounded by reporters.

Technicians set up communication equipment in a large room on the second floor of the villa, where Yao Yuan can directly command the actions of the world's four major securities markets.

The focus is on the New York Exchange, the secondary battlefield is the London Exchange, and the oil futures battlefield is the Singapore Exchange.

The next day, several Chinese people quietly came to Yao Yuan's villa. The leader was Xia Honghua, Wen Tiejun also came, and the other two were unfamiliar faces.

The representative of the national team with an unfamiliar face follows Yao Yuan this time, hoping to make some gains in the international securities market.

Yao Yuan took the initiative to contact me.

At 1:30 in the morning that day, Dongfang Petroleum suddenly held a global live broadcast press conference, and reporters who had been impatient for a long time swarmed into the Kempinski Hotel. Various oil companies, oil service companies, petroleum engineering companies, securities firms, and investors

Representatives from financial institutions and other institutions all got up from their beds and gathered in the press conference hall, which was overcrowded at the time.

The reason why I chose this time was because it was New York time.

Su Jianmin and Qin Zhenjun attended, and Kamil, Minister of External Affairs of Dongfang Petroleum, presided over the event.

In the impression of Western reporters, Chinese meetings are lengthy, with a long paragraph of foreshadowing, and the words spoken are ambiguous, and some vague information is revealed at the end.

They are ready for a protracted war.

French beauty Camille smiled confidently and said, "Ladies and gentlemen, the first press conference on the development of Oriental Petroleum's Sedan oil field has begun. Welcome everyone."

The audience applauded warmly.

Kamil continued, "The development of Sedan Oilfield has made breakthrough progress. I would like to invite Mr. Su Jianmin, General Manager of Dongfang Petroleum, to announce important news."

Big news!

Although the news that the Dongfang No. 5 well has a daily output of 50,000 tons has spread, everyone is looking forward to official confirmation.

Because they saw Qin Zhenjun, whose title was written on the nameplate in front of him as chief engineer.

Moreover, next to Qin Zhenjun, there is a European who is a third-party appraisal agency, which is evidence of the daily output.

This is a press conference broadcast live around the world.

At this time, in the villa, Yao Yuan, Xia Honghua and others were watching the live broadcast in front of the TV. All preparations for the stock market had been completed. Yao Yuan invested all his money in shorting crude oil. The national team invested 200 million US dollars, and followed

Take this big gamble.

Su Jianmin looked at the time, then slowly raised his head, facing countless cameras with a smile. This was the first time that a Chinese face appeared in the international oil industry in this way. Western reporters saw it in Su Jianmin's eyes.

Endless confidence.

He said slowly but firmly, "Twenty-four hours ago, the Dongfang No. 5 well of the Sedan Oilfield produced oil. After repeated measurements, we obtained the final daily output of the Dongfang No. 5 well."

50,000 tons!

Although everyone knew the answer, when the news was announced to the world, they were still full of passion, because they were all witnessing history and witnessing a great miracle in the history of human oil development!

Su Jianmin gathered enough emotion and said a number seriously, "102,000 tons, the daily output of Dongfang Petroleum Well No. 5 is 102,000 tons! Yes, the final daily output stabilized above this figure. Dongfang Petroleum Well No. 1

The final daily output is 28,000 tons. Gentlemen, the Sedan Oilfield can produce 130,000 tons of crude oil per day, or 910,000 barrels."

"On behalf of Dongfang Petroleum, I solemnly announce that the Sedan Oilfield has entered the full development stage, accelerating the exploration work of the three wells Dongfang 2, Dongfang 3, and Dongfang 4, and striving to increase the annual production of the Sedan Oilfield to 50 million tons before the end of this year...

…”

What he said later was basically in vain, because everyone in the venue was confused and still digesting the "100,000 tons" data. They even ignored the decimal point at the end and the daily output of Dongfang No. 1 Well, because the difference was not big.

Already.

Didn’t it say that the daily output is 50,000 tons?

How did it become 100,000 tons per day?

It’s fake!

In deathly silence, Qin Zhenjun picked up the speech and read it out in front of the whole world. It was all dry data, but to the ears of professionals, it was all solid information.

From large blowouts, submarine earthquakes to emergency control, and repeated well logging, I gave a detailed introduction on how the result of 100,000 tons came about, which took more than ten minutes.

Not only are there technical data, but there are also photos and videos.

At that time, the surveillance screen on the platform appeared on the big curtain on one side. At the moment of the blowout, everyone's hearts were lifted, and the entire platform was shaking. Immediately, they saw those red and yellow people who were washed away by the huge impulse wave.

Dongfang Petroleum workers in overalls rushed over to rescue regardless of their safety...

The jet of black liquid, which was more than 50 meters high, looked like a giant dragon. It was photographed by the rescue helicopter that was hovering in the sky at the time. The drilling platform looked small in comparison with the black dragon.

After the dust settled, a picture emerged of the sprayed crude oil being continuously poured into the oil storage ship. The instrument numbers on the oil storage ship and the platform control center were accelerating and climbing. In just a few hours, a 10,000-ton tanker was

The oil storage ship was full. Immediately, more oil storage ships appeared, and the amount of self-spray became larger and larger. When a 300,000-ton oil tanker was parked hundreds of meters away from the platform as a mobile oil storage tank, the platform passed through a temporary pipeline.

When crude oil was injected into it, no one doubted the daily output of 100,000 tons.

The last photo is the oil storage data on the 300,000-ton tanker, which is already one-fifth full.

Video data playback is completed.

A representative from a third-party appraisal agency spoke and confirmed that the daily output of the Dongfang No. 5 well in the Sedan Oilfield is 102,000 tons.

At this time, more and more people looked back and remembered Su Jianmin's words.

Annual output of 50 million tons?

A reporter from the New York Times couldn't wait to stand up and asked, "Mr. Su, did you just say that the annual output of Sedan Oilfield will reach 50 million tons?"

Just waiting for you to ask.

Su Jianmin nodded affirmatively and said very seriously, "Yes, Sedan Oilfield will achieve the annual production target of 50 million tons within this year, and at the same time make technical preparations to continue increasing production. Yes, the annual production is 50 million tons!"

If Saudi Arabia announces an increase in oil production of two to three million tons, international crude oil prices will fall. Otherwise, they will rise. For investors who hold a large number of crude oil futures and crude oil stock indexes, a few tenths of a percentage point can mean losses or profits of hundreds of millions of dollars.

Now, an oil field with an annual output of 50 million tons has emerged!

The international crude oil market has been shaken.

There was no question-and-answer session. After the important news was announced, Su Jianmin and others quickly left the venue under the protection of security personnel.

The reporters went crazy and sent out the press release as soon as possible. In fact, they didn't need to do anything more because it was a global live broadcast.

Representatives of each company were even more panicked and took out their satellite phones to report to the headquarters.

The New York Stock Exchange opened on time, and crude oil prices plummeted!

The cliff-like drop from US$18.75 attracted the attention of governments around the world, and the United Arab Emirates immediately came under tremendous pressure.

The secret talks between Yao Yuan and Crown Prince Khalifa took effect at this time. The United Arab Emirates, Saudi Arabia, Bahrain, and Qatar all issued statements saying that they had no intention of interfering with the changes in the crude oil market...

If the four major crude oil exporting countries do not reduce production, international crude oil prices will be ruined.

As a result, international crude oil prices have been falling all the way like taking laxatives, with no intention of stopping.

Three days later, the U.S. Secretary of State visited OPEC countries to exert pressure.

Too low crude oil prices have stimulated the economy, but at the same time, Western oil companies have suffered huge losses. Except for the Middle East and Russia, the cost of oil extraction in other regions is relatively high, and Western oil companies have a large number of offshore oil fields, and the cost

higher.

When the international crude oil price fell to 13.5 US dollars per barrel in just three days, Western oil companies lost US$2 for every barrel of oil extracted. They were bleeding.

The power of 50 million tons of oil thrown into the international crude oil market every year is so huge.

Under pressure from the United States, OPEC announced an increase in production, and crude oil prices stabilized and slowly recovered. This was already the seventh trading day after the Oriental Petroleum press conference.

On this day, Oriental Petroleum once again suddenly announced a press conference. This time there was no preparation for a global live broadcast. However, the United Arab Emirates arranged a global live broadcast venue and hoped that the Oriental Petroleum press conference would be broadcast live globally.

If there is a live broadcast room at this time, the number of fans will need to be calculated in hundreds of millions.

There was no third-party appraisal agency at this press conference, only Su Jianmin, Qin Zhenjun, and Kamil were the same three old faces.

This time, more reporters and representatives from relevant companies gathered at the Kempinski Hotel. The entire Kempinski Hotel was already fully booked.

The world is once again waiting patiently, listening to the voice from China, and the global crude oil market will be controlled and deeply affected by oil companies from China.

They are like believers, holding their heads high and looking forward to the orders of their superior leader.


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