Under much anticipation, Kamil announced the start of the press conference.
With a smile that can make men's hearts stop, this French beauty faced countless cameras and flashlights and said, "Ladies and gentlemen, this is the second press conference for the development of the Sedan Oilfield of Dongfang Petroleum. The president of our company
Manager Mr. Su Jianmin will announce big news."
Another big news!
Because of Kamil’s words, world crude oil prices fell by 0.7%!
The uncontrolled Sedan Oilfield has become the most unstable factor in the world's crude oil market.
After a simple opening remarks, Kamil handed over the next steps to Su Jianmin, who was sitting in the middle seat. After he opened the speech and read it for a while, he slowly said to the live camera, "Ladies and gentlemen, please accept the technical advice."
Due to restrictions, subsequent exploration work in the Sedan Oilfield will be suspended. In the future, the Sedan Oilfield will mainly rely on Well No. 1 and Well No. 5 for production, with daily production stable at 150,000 tons, that is, annual production stable at 50 million tons."
This news is actually of little significance. Regardless of whether subsequent exploration is carried out or not, the Sedan Oilfield can achieve an annual production of 50 million tons with the current two wells, which is not much different from the previous news.
Outsiders judged that at this press conference, Dongfang Petroleum would announce the exploration results of new oil wells instead of suspending development.
In other words, the annual output of Sedan Oilfield will not exceed 50 million tons.
The crude oil market immediately reacted to Su Jianmin's announcement. The securities market was the most sensitive, and the international crude oil price immediately rose a bit.
Previously, the outside world was worried that the Sedan Oilfield would increase production in a short period of time. After all, this is a new oil field, and there are currently only two oil-producing wells. At the first press conference, Su Jianmin made it clear that he would continue to work on the remaining three wells.
Exploration until oil is produced.
This means that the annual output of Sedan Oilfield will definitely exceed 50 million tons. If a few more oil wells with a daily output of 10,000 tons are drilled, it will only be a matter of time before the annual output exceeds 100 million tons.
Such a judgment is the consensus of the industry and is also one of the reasons for the cliff-like decline in oil prices.
Now that Oriental Petroleum has suddenly announced that it will suspend development due to technical problems, the output will be stable at 50 million tons per year, which is a stable signal to the market.
Just when everyone thought this was big news, Su Jianmin suddenly said, "After research, it has been decided that the oil produced by the Sedan Oilfield in the next year will not be put into the market. All the oil will be used to supply the petrochemical base of Dongfang Petroleum, which will consume 50 million internally."
tons of oil.”
One stone stirs up a thousand waves!
The market was stunned for a few seconds, and oil prices suddenly rebounded strongly!
The press conference suddenly became chaotic. There were phone calls and tense discussions. Representatives of the major oil companies were once again caught off guard.
Su Jianmin introduced in detail the situation of the East Coast Industrial Island petrochemical base project, with millions of tons of ethylene, tens of millions of tons of oil refining, and an investment scale of tens of billions of Chinese dollars. Such a super project directly stunned everyone. He wanted to compete with Dongfang Petroleum
Frank, the representative of Shell, which is cooperating to develop the Chinese market, was dumbfounded because he did not know the existence of this project at all.
Obviously, this is false news, because even if the East Coast Industrial Island petrochemical base is completed and put into operation in two years, it will not be able to absorb the 50 million tons of annual production capacity of the Sedan Oilfield.
However, the crude oil market did not care about this. After brewing for a while, international crude oil prices began to rise sharply.
Considering that the four major oil exporting countries of the United Arab Emirates, Bahrain, Qatar, and Saudi Arabia have just announced production restrictions, combined with these factors, crude oil prices have every reason to rise.
Like the first press conference, this press conference also lasted only more than half an hour, but the news announced once again affected the direction of crude oil prices.
In the next five trading days, international crude oil prices rose to US$21.3 per barrel, exceeding US$20 per barrel for the first time this year.
On the seventh trading day, hot money led by Yao Yuan quietly retreated. In the past half a month, a large amount of wealth was harvested on the world's four major exchanges.
Yes, they are all routines. Both press conferences are designed to coordinate with the actions in the financial market, short and long, one in and one out, the simplest way and the most generous profits.
In fact, the crude oil produced by the Sedan Oilfield has not yet started to be sold, and Yao Yuan has already reaped a wave of profits in the financial market.
This is a financial war directed by Yao Yuan himself, with the purpose of cutting off the wealth of Western investors.
This is also the first time that the Chinese have dominated the international crude oil price war.
With the support of Crown Prince Khalifa, the UAE withstood the pressure exerted by the United States in the early stage. Of course, Crown Prince Khalifa also invested a lot of money, and the UAE sovereign fund was also the main force. Saudi Arabia, Bahrain, and Qatar also participated.
Yao Yuan has invested all his available funds, but it is inconspicuous. His wealth is not worth mentioning compared with the sovereign funds of several major oil exporting countries.
Xia Honghua and the head of the Foreign Exchange Administration left with satisfaction. The tens of millions of dollars they invested had turned into hundreds of millions of dollars, with profits exceeding ten times.
The profits from Crown Prince Khalifa and others were also clearly divided. When Lin Wei handed the note with the final profits to Yao Yuan, he let out a heavy breath and said, "There will be no more funding problems in the future.
According to your instructions, part of it will be placed overseas, part will be placed in Hong Kong, and the other part will be placed in China."
He lit up a cigarette and took two puffs, and said with emotion, "It's easy to make money in the stock market. In half a month, you can make profits of billions of dollars in and out."
Yao Yuan looked at the string of numbers and said with a smile, "This kind of opportunity comes only once in a century, and it is easy to arouse others' concern. Don't forget that we intercepted the profits of Wall Street funds in the Tokyo stock market. They were about to physically eliminate me."
"Yeah, you should do less of this kind of thing in the future." Lin Wei was worried again and again.
Yao Yuan shook his head, "We still have to do it when we have to do it. We have such a large amount of capital in our hands. It would be a pity not to use it. Besides, why can Westerners harvest global profits? Why can we Chinese people
If it doesn’t work, I still don’t believe it.”
"That's right, I just think the risk is too high. I invested all my money this time. If we lose, all our previous efforts will be in vain." Lin Wei said.
Yao Yuan nodded in approval, "Yes, you should do less hard work in the future. Okay, everyone is very tired during this period. You go and give everyone a few days off. I also want to go to Egypt with Teacher Lin to see the pyramids."
Come on, stop talking, I won't let you follow me this time."
"Okay..." Lin Wei was helpless.
In the next week, Yao Yuan and Lin Shuting started traveling and took special planes to fly around. They first went to Egypt to see the pyramids, and then suddenly on a whim, they flew directly to Europe to visit various famous attractions and have a solid tour.
The young couple was having fun, but the representatives of the oil company, led by Halliburton, were so anxious that they contacted Su Jianmin every day. Su Jianmin's phone number was almost exploded, and in the end Su Jianmin also hid.
Shirley He even went back to Hong Kong.
After playing for half a month, Yao Yuan and Lin Shuting returned to Abu Dhabi. Liu Jiahui escorted Lin Shuting back to China on a special plane, while Yao Yuan stayed in Abu Dhabi to deal with the following matters.
At this time, Shirley He came from Hong Kong, and Su Jianmin also made a public appearance.
Halliburton's headquarters is in Dubai, and the Middle East is their main business area. That's why Jackson said at that time that personnel and equipment from Qatar would be transferred to the Sedan Oilfield first, which shows the importance it attaches to the Sedan Oilfield.
Su Jianmin signed an agreement with the United Arab Emirates on behalf of Dongfang Petroleum and obtained approval for reclamation. The entire three-kilometer area between Dongfang No. 5 well and the coast was filled in to form an artificial peninsula. Yao Yuan handed over the reclamation project to the domestic
Construction company.
Represented by this, Dongfang Petroleum began large-scale global bidding and inspection of partners.
Jackson, who had been left out for months, finally met Yao Yuan at the Kempinski Hotel.
With a wry smile on his face, he said, "Mr. Yao, we are friends, aren't we? Based on the good cooperative relationship in the past, you should give priority to cooperating with us."
Yao Yuan stood in front of the floor-to-ceiling glass window overlooking the urban area of Abu Dhabi and said, "I have bought the Kempinski Hotel and transformed it into the office building of Oriental Petroleum Abu Dhabi Branch."
"This is the best way. You now have more money than you can spend." Jackson is a sensible person and knows that Yao Yuan's previous operations were to make profits in the financial market.
The international crude oil price is under the control of this young Chinese man.
Yao Yuan asked Jackson to sit down and said, "Has your company headquarters agreed to transfer the fourth generation offshore drilling technology? Including dynamic positioning technology."
"Yes, it was approved half a month ago, but I haven't been able to contact you." Jackson said quickly.
Three oil service companies including Whitford are in contact with Oriental Petroleum. Halliburton is already anxious. The oilfield services of Sedan Oilfield can bring hundreds of millions of dollars in profits to any oil service company every year, which is crazy.
Yao Yuan said, "The previous commitments are valid, and Halliburton can be the only foreign-owned oil service company we cooperate with."
Jackson finally breathed a sigh of relief and said, "Mr. Yao, you are Halliburton's good friend, and you are even more my good friend."
"Go and talk to Mr. Su. After signing the contract, your people and equipment can enter the site. Of course, I have a small condition." Yao Yuan said.
Jackson said quickly, "You said it."
"The United Arab Emirates hopes to build a refinery at the Sedan Oilfield Base, mainly to ensure refined oil products from several surrounding countries. I hope Halliburton can build this refinery for us free of charge, with an annual output of 5 million tons," Yao Yuan said.
Jackson was stunned, hesitated, and said, "No problem, Halliburton is willing to send a 5-million-ton oil refinery to Dongfang Petroleum. It can be regarded as a gift for Dongfang Petroleum when we explore the world's first 100,000-ton-per-day oil well."
.”
Compared with the profits of more than one billion US dollars or more in the future, a 5 million-ton oil refinery is nothing. If it is given to Oriental Petroleum as a gift, the money will be earned back sooner or later.
It only produces refined oil, so the cost will not exceed US$100 million. If ethylene and other things are added, the cost will be very high, and Halliburton cannot accept it.
Jackson asked tentatively, "Mr. Yao, is it true that the oil produced by Dongfang Petroleum will not enter the international market in the next year?"
"What do you think?" Yao Yuan asked with a smile.
Jackson smiled and said, "The 800,000-ton ethylene unit you purchased from us has been shipped. It will take two years to fully complete the east coast petrochemical base. After two years, the Sedan Oilfield will not be able to consume 50 million tons per year.
of output.”
Halliburton should be the most aware of the construction situation of the East Coast Petrochemical Base among all foreign-funded companies. The East Coast Petrochemical Base will build two sets of ethylene units, the largest of which is the 800,000-ton ethylene production unit imported from Halliburton.
The other set is a 500,000-ton class developed by ourselves after absorbing technology.
Coupled with the multi-million-ton refinery, the East Coast petrochemical base cannot consume the output of the Sedan Oilfield.
Yao Yuan did not hide anything, saying, "The crude oil from Sedan Oilfield will enter the international crude oil market in order to obtain abundant cash flow."
"Great." Jackson was very satisfied.
Yao Yuan said, "The production capacity changes of Sedan Oilfield will maintain a certain degree of autonomy within the OPEC system. Therefore, future crude oil prices will still be volatile."
Being able to talk to him for this reason was already a special treat for Jackson, and Jackson nodded gratefully.
What is certain is that in the future crude oil price control club, this young Chinese will have a strong voice. Considering his friendly relationship with the UAE royal family and the support of the four major oil exporting countries, in other words, if
Putting aside political factors, the future direction of crude oil prices depends on Yao Yuan's face.
However, the oil and energy industry has never been separated from political factors.
Perhaps this young Chinese man is trying to control the production capacity of the Sedan Oilfield to achieve his goal of exerting political influence.
Will that be the case?
Jackson did not start thinking. In his opinion, confirming the cooperative relationship with Oriental Petroleum Sedan Oilfield is the first priority. As long as the profits are large enough, the oil giants will even let a person they approve of become the president of the United States.
After discussing some more principled matters, Jackson left and went to Su Jianmin to discuss details, hoping to finalize the contract as soon as possible.
Yao Yuan continued to receive the next guest, and there were more than a dozen guests waiting in the reception room, almost all of whom were heads of major companies. Regional presidents of large oil companies like Hans and Frank only
Able to queue up and wait for your number to be called.
The second guest is an old face, Kim Jae-hyun of Hyundai Petroleum of Korea.
Because of his outstanding performance in the Tyumen Oilfield, Kim Jae-hyun has been promoted to vice president of Hyundai Petroleum, fully responsible for overseas business.
Like Japan, South Korea relies entirely on imported petroleum energy. Kim Jae-hyun came here to sign an oil purchase agreement, hoping to get a long-term contract. After the Plaza Accord, Japan's economy began to decline, and South Korea took over the baton and became Asia's largest economy.
The first of the Four Tigers, the economy is developing rapidly and oil consumption has increased sharply.
As South Korea's main oil company, Hyundai Petroleum is looking for oil all over the world.