Deputy Director Zhuo was enjoying the authentic Fujian souchong and looking through the relevant materials provided by Su Jianmin, while Li Jinghan was looking at the development of Dongfang Petroleum's financial sector business.
Since they were asked to participate in the later meeting, Yao Yuan had no intention of hiding it from them, so the materials provided were very direct and clear.
As a result, Deputy Director Zhuo discovered that the oil production that Yao Yuan could control was as high as 100 million tons, which is an annual crude oil production capacity of 100 million tons.
Among them, the annual output of Sedan Oilfield is 50 million tons, and the annual output of Baku Oilfield is 30 million tons. The annual output of Kazakhstan has now climbed to 20 million tons, plus some output contributed by Turkmenistan and Uzbekistan.
, Dongfang Petroleum’s annual output exceeds 100 million tons.
According to Oriental Petroleum's own calculations, if this annual output is calculated by enterprise, it has become the second largest oil company after Shell.
The world's second largest oil company, this title is so shocking.
Yao Yuan said, "We can increase annual production by 30% within half a year, at least 30%. It can be said that every move of Dongfang Petroleum will directly affect the rise and fall of international oil prices."
After a pause, he said, "Crown Prince Khalifa of the United Arab Emirates will arrive soon. I want him to inform Dongfang Petroleum of its next actions and obtain the understanding and cooperation from the UAE."
"The crown prince comes in person? Then we..." Deputy Director Zhuo hesitated.
Yao Yuan smiled and said, "It's a private identity. I have a good personal relationship with him. Deputy Director Zhuo doesn't have to worry too much."
"That's good." Deputy Director Zhuo felt relieved.
Not long after, Crown Prince Khalifa arrived, very secretly, bringing only his assistants and bodyguards. It seemed that Yao Yuan was right, and he and Yao Yuan had a very good personal relationship.
A good personal relationship is based on good common interests. The Sedan Oilfield has made Oriental Petroleum a success, and of course it has made a success of the United Arab Emirates. It has made Crown Prince Khalifa a success, and he initially fought against all odds to obtain the exploration and development concession of the Sedan Oilfield.
Giving it to Dongfang Petroleum has been proven by time to be a very wise decision, and his position has become increasingly stable.
The meeting between the two parties was very brief. There had been communication before. Yao Yuan came over to meet with Crown Prince Khalifa this time to finally confirm the cooperation between them. Deputy Director Zhuo did not have an interpreter, and Li Jinghan, who has a high level of English, acted as an interpreter.
After sending off Crown Prince Khalifa, Li Jinghan said, "Soros is bearish on oil futures. If the oil price rises by 1 cent, how much money will he probably lose?"
Yao Yuan said, "You will know when Lin Wei comes over. He is calculating Soros's losses in Hong Kong. Pan Jie will also arrive soon. Soros's losses in Russia will soon be revealed. The funds of the Quantum Fund are
If you know how much oil futures Soros bought, you will know how much he will lose."
Li Jinghan's heart was surging. After the battle in Hong Kong, the exciting duel did not end. Yao Yuan clung to Soros. He always felt that it was not as simple as simply teaching Soros a lesson. Is there any other reason for this?
It's inappropriate to ask further. Since Yao Yuan didn't say anything, it means he has his own considerations.
Not long after waiting, both Lin Wei and Pan Jie arrived. The latter came from Moscow and went straight here after getting off the plane.
Lin Wei integrated the numbers provided by Pan Jie, quickly calculated a total, wrote it down in a notebook, and handed it to Yao Yuan.
When Yao Yuan saw it, even if he was mentally prepared, he could not help but frown, "So many?"
"A conservative estimate, at least this number." Lin Wei said firmly.
Yao Yuan handed the notebook to Deputy Director Zhuo and Li Jinghan. After reading it, the latter two gasped. Deputy Director Zhuo said, "Does this mean that Dongfeng Team's profit is around 100 billion US dollars?"
"Director Zhuo, after the national team withdrew, the profit was at least 1.5 billion U.S. dollars. The Dongfeng team invested 80 billion U.S. dollars, but the profit rate is actually not as good as the national team." Yao Yuan said with a smile.
Deputy Director Zhuo shook his head in disbelief, "If we calculate it this way, the Dongfeng Team will have to make a profit of 250 billion U.S. dollars. This, this is incredible."
How many countries in the world have a GDP exceeding US$250 billion?
There are only twenty countries.
There are only six countries in the world with GDP exceeding one trillion. China's GDP is only over 900 billion US dollars, which is one step away from the scale of one trillion. The gap between the rich and the poor in the global village is huge.
People today cannot imagine that in China twenty years later, there will be many prefecture-level cities that have entered the GDP trillion club...
Of course, it is generally believed that the purchasing power of the U.S. dollar in the 1990s is much stronger than that of the U.S. dollar two decades later. From a macro perspective, it can only be said that 100 U.S. dollars now can buy more things.
Soros's losses in the two battlefields of Hong Kong and Russia are estimated to be more than 40 billion U.S. dollars, while the losses of the entire international speculator army exceed 100 billion U.S. dollars, and most of them went into the pockets of the Dongfeng team.
That's why Deputy Director Zhuo sighed like this.
Lin Wei said, "This is a profit on paper. It will take two or three months to lock in the profit and be safe."
"Yes, such a large amount of funds cannot be withdrawn immediately." Li Jinghan felt the same.
Yao Yuan said, "Transferring funds to oil futures to fight against Soros is actually one of the ways to withdraw funds from the stock market as soon as possible."
In fact, the funds and profits deployed by the Dongfeng Team in the Hong Kong Futures Exchange can be withdrawn at any time, but because they have to continue to purchase oil futures and compete with short sellers, this amount of more than 20 billion US dollars of funds continues to remain in it.
After looking at the time, Yao Yuan said to Su Jianmin, who came over after making the phone call, "Let's hold a press conference to officially announce it."
"Okay, everything has been communicated." Su Jianmin reported briefly.
It is not easy to make a decision to reduce production. In addition to the UAE, it also needs to obtain the consent of the governments of Azerbaijan, Turkmenistan, Kazakhstan, and Uzbekistan, and it must be in step. Secondly, it must be reported secretly to Saudi Arabia.
This work has been completed.
Especially on the Saudi side, Yao Yuan asked for help from the person in charge of the Chinese scientific research base there through Jiang Yong, and the person in charge there secretly reached an agreement with the relevant Saudi departments. Now it seems that Jiang Yong and others
Being sent to work at the Chinese scientific research base in Saudi Arabia brought unexpected results.
Major national news agencies and international media organizations based in Dubai have received notification that Oriental Petroleum is preparing to hold a press conference to release major news.
For some press conferences, if the organizer does not give reporters red envelopes, the reporters will be inactive and will not even go. But when Oriental Petroleum holds a press conference, reporters are rushing to cover it.
However, the news that reporters received was that the time of the meeting was pending further notification.
I waited for several hours, and it was not until 22:30 in the middle of the night that I received the notice that the press conference would start at 23:30.
This time happens to be when the New York stock market opens in the afternoon.
In the hours before the press conference, and before the New York Futures Exchange closed, the Dongfeng team completed the final steps of deployment.
When the time came to 23:30, a press conference was held in the press conference hall of Oriental Petroleum's Dubai headquarters. Hundreds of reporters were in place, aiming their guns and cannons at the podium, which was comparable to a press conference attended by the President of the United States.
Su Jianmin walked onto the stage vigorously, stood at the podium, nodded slightly, and said in Chinese, "First of all, thank you for coming. Now I will announce a major decision on behalf of Oriental Petroleum."
Oriental Petroleum's consistent style - don't talk too much nonsense, just get down to the practical stuff.
This style is so popular with the uncrowned kings.
Su Jianmin looked around for a week, faced countless cameras, and announced in a firm but slow tone, "In view of the changes in the current economic situation and Dongfang Petroleum's development plan for the next two years, from now on, Dongfang Petroleum's Sedan Oilfield and Baku Oilfield will reduce production.
Fifty percent."
The whole place was in an uproar!
The reporters were all stunned.
This is extremely blockbuster news that can affect the direction of trillions of dollars!
Su Jianmin continued before most people could react, "The construction of Sedan Oilfield and Baku Oilfield must be accelerated. The partial shutdown and production reduction are for better production. At present, we have no timetable for returning production to normal levels.
.”
"Thanks again everyone for attending."
At this time, the reporters came to their senses and swarmed up to ask questions, but the security guards were well prepared and blocked the reporters, allowing Su Jianmin to exit smoothly.
The press conference, which lasted only ten minutes, dropped a super bombshell.
The general manager of Dongfang Petroleum left, but there were other people. These people couldn't leave, and they didn't plan to leave. They just allowed reporters to surround them, and then slowly released some words that were not suitable for the general manager to say as required.
go out……
The bombshell news released by Oriental Petroleum has not yet fermented. The reporters who were still at the headquarters of Oriental Petroleum in Dubai heard the second bombshell news from their colleagues in Baku - the Azerbaijan State Oil Company announced that in order to cooperate with Oriental Petroleum's
Planning and construction, the country's oil production will be reduced by 30% simultaneously...
The Baku oil field belongs to the Azerbaijan State Oil Company. Oriental Petroleum only has a 30% stake and is also the operator of the Azerbaijan State Oil Company.
This decision of the Azerbaijan State Oil Company is equivalent to a 50% reduction in Baku Oilfield production!
For Azerbaijan, which is in urgent need of foreign exchange to support domestic economic development, making this decision is unbelievable.
Why support Dongfang Petroleum’s planning and construction, including Dongfang Petroleum’s claim that “production reduction is for better production”? Reporters simply don’t believe such lies.
The key lies in the words "in view of the current economic situation"!
Oriental Petroleum wants to raise oil prices!
This is the first judgment that reporters make!
Some financial reporters quickly thought of the time when the press conference was held, and then thought of the opening time of the New York Futures Exchange, and immediately came to the conclusion that Oriental Petroleum may make a big move in the futures market!
Damn it, oil giants have entered the scene, and they are oil giants with large oil reserves!
Others do short selling and short buying when doing futures trading. When the oil giants enter the futures trading, they really have something to deliver!
Soon, the New York futures market responded, and the price of oil futures rose in response, soaring from US$21.35 per barrel to US$22.50.
This is just the beginning.
After the press conference, Dongfang Petroleum released news one after another.
Oriental Petroleum announced that in view of the greater demand for oil in the Chinese market, in the coming period, in addition to long-term supply agreements, it will suspend the execution of short-term sales and purchase agreements, and all production capacity will be exclusively supplied to the Chinese market.
In other words, every drop of oil produced by the Sedan Oilfield will not flow into the international market, and the supply and demand relationship in the international oil market has undergone huge changes in an instant.
At this time, some senior energy analysis experts remembered the large-scale signing of long-term supply agreements by Dongfang Petroleum not long ago. These long-term supply agreements all have the same clauses - price negotiations are conducted every quarter, and the principle is based on
The price of Brent crude oil and WTI crude oil is based on the price of the two reasons.
Brent crude oil and WTI crude oil are important benchmarks in the oil futures market. To put it simply, the prices of these two crude oils are the international oil prices.
Especially the latter, which is almost the benchmark price of crude oil in the New York futures market.
At that time, the long-term supply agreement signed by Oriental Petroleum was less than a month away from the first price negotiation. At this time, it suddenly resorted to nuclear-weapon-level strategies to raise oil prices. It is difficult not to think that Oriental Petroleum is taking advantage of it.
Long-term buyers operate to retrieve eggs.
However, some people have also noticed that such a large-scale production reduction by Dongfang Petroleum will inevitably affect the company's profits. It remains to be seen how to balance the relationship between production, revenue and profits.
But in general, the rise in international oil prices is a definite fact.
An increase/decrease in production of 2 million barrels per day in Middle Eastern countries can affect international oil prices. This is the biggest support and confidence of Middle Eastern oil countries. 2 million barrels per day is less than 300,000 tons, while Oriental Petroleum has to reduce production by 50%, that is, every year
50 million tons, which means a daily production reduction of about 140,000 tons!
Oriental Petroleum is just an oil company!
Just when people around the world were still digesting this heavy news and the market was making corresponding changes, the time reached 23:24, that is, fifteen minutes before the opening of the New York futures market, the UAE government suddenly issued a message: considering
International oil prices have fluctuated frequently recently. In order to eliminate the impact of the Asian financial crisis as soon as possible, the United Arab Emirates has decided to reduce production by 1 million barrels per day from now on, and calls on oil exporting countries to take timely action...
Investors who shorted international oil prices woke up from their sleep and quickly fell into coma!
No one believes in words like "eliminating the Asian financial crisis as soon as possible". The UAE government is obviously cooperating with Oriental Petroleum's production reduction policy!
Now even a fool can see that this is definitely not the policy of Oriental Petroleum, but the oil exporting countries that have a major impact on international oil prices. The oil giants have premeditated actions to raise oil prices!
The New York futures market is going crazy. No one thought that the oil price, which was bound to continue to fall, would encounter such an unexpected situation. The Asian financial crisis is spreading, the economy is weak, companies have no money to do business, and the demand for oil has decreased. The drop in oil prices is
certain.
However, now several major sources supplying the international crude oil market have suddenly announced production cuts, and they are cutting production by half. This is almost a perfect reason for the international oil price to soar!