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Chapter 151 Oil Concessions

"If the oil field mining rights are waived, the bidding money will not be returned." Diabu wore a traditional Arabic robe and carried a bag of clothes in his hand, like a waiter in a palace suite, but when he spoke, his tone was like a king.

Su Cheng nodded and said, "I understand."

The UAE's oil field mining rights will start at US$30 million. If the oil field mining rights are abandoned, it is equivalent to giving up US$30 million. Coupled with the various twists and turns of this process, it is more than enough as a deposit.

Diab looked at Sucheng carefully, but said: "Japan is the country with the most LNP (liquefied natural gas) imported in Asia. It is about 30 million tons, or 18 billion cubic meters per year, and it is imported from many different countries. Are you sure you will be underwriting 10 billion cubic meters?"

"That's right." Sucheng was calm on the surface, but his heart was full of a fierce fighting spirit. The liquefied natural gas produced in Abu Dhabi is about 52 million British Heat per ton, and the landed price per million British Heat is about 3 to 3.5 US dollars, which means that 18 million tons of liquefied petroleum natural gas is worth US$2.8 billion.

His plan is to sign a contract at a parity and then sell at a reduced price. However, as long as there is a little problem in the middle, it will cause sales to be blocked or sales at a loss, even if it is only 5%, it will be a pants. Even if Sucheng predicts that oil prices will rise and natural gas prices will rise, he will take great risks.

Before 2000, natural gas was very difficult to sell, and many developers either stopped mining oil and gas, or transported it back to the ground and used it as water and carbon dioxide. The import volume of natural gas in other countries around the world is not large, except for Japan and Europe.

The reason why Japan uses oil and natural gas is also related to crude oil. In 1977, when they learned that Britain would withdraw from the shallow sea oil fields in Abu Dhabi, they signed a 2 million tons of natural gas import agreement with the UAE, and finally successfully obtained a contract in 1979. They entered the Middle East oil circle. However, based on oil prices, they lost tens of millions of dollars because of the agreement.

For officials from Japan's Ministry of Public Health, it was a standard loss-making contract. So when Sucheng raised the price, Sakaguchi was so angry.

In the past, Japan made a complete set of combined punches in order to obtain Middle East Petroleum. Today, Japan is probably the same.

Sucheng estimates that Ito Trading Company may propose a contract for importing liquefied natural gas of 5 million to 10 million tonnes, which will last for 10 to 15 years. Countries such as West Germany and Sweden that have not yet obtained oil concessions may also propose similar agreements to obtain concessions for oil bidding.

In order to defeat the United States, Britain, Japan, France, West Germany, Sweden and other combination punches, Sucheng, who has a small profit, can do the only thing he can do is to directly hit the King of Mongolia and the Crown Prince with a heavy blow.

10 billion cubic meters of oil and natural gas is equivalent to 18 million tons of liquefied petroleum and natural gas. This is a contract that other countries cannot come up with no matter what.

They cannot underwrite 100 million tons of oil and natural gas for the sake of possible reserves of 100 million tons of crude oil.

But for the UAE, US$2.8 billion is equivalent to a quarter of their import income, and we cannot be ignored in any case.

Compared with economic cooperation models such as telephone lines and subway lines, although Sucheng's method has less technical content, it is much more affordable.

Diab was slightly moved and said, "Okay, I will pass on my opinion to the Crown Prince. From Dahua Industrial, China..."

"Sucheng." Sucheng spelled it in English.

Diab nodded and walked out of the tailor shop.

There are many lies in the business world, and only real money is the most reliable. Diab believes that Siucheng will not use $30 million to joke with him.

Su Cheng gently sat back on the chair, looked at the mirror and smiled for a while, then suddenly said, "Hey, pour me a cup of black tea."

The clerk obediently poured him a cup of tea.

Goro stayed with him and never spoke. In his eyes, the family's ancestral hall is also more important than natural gas.

After drinking the black tea quietly, Su Cheng said, "Wuron, call a taxi to the embassy. In addition, please book a flight ticket to Taipei for me."

Goro was a little surprised and asked: "Taipei in Taiwan?"

"Um."

"This... won't make a mistake." Even Goro, who just came out of the countryside, knew that Taiwan is a sensitive place.

"In April, the country had regulations to encourage Taiwanese compatriots to invest. We do business overseas with Taiwan, and there is only encouragement, no violations." Su Cheng stepped on the system with one foot and was very concerned about superior documents.

1988 was a year of great changes in Taiwan's policy. If a Chinese company and a Taiwanese company jointly explored foreign markets... Sucheng believes that the Taiwan Affairs Office of the State Council and the United Front Work Department will definitely be happy to see it.

Of course, he was not 100% sure. Therefore, after arriving at the embassy, ​​Su Cheng asked the leader of the Ministry of Foreign Affairs whether he could cooperate with Taiwanese companies and sign overseas contracts.

This topic obviously scared him. He looked at Su Cheng with resentment and said helplessly: "I will report it to the above."

"I bought the ticket to transfer to Taipei the day after tomorrow. If there is no result, I will have to worry about forwarding it."

The team leader said resentfully: "Can you wait until the result is achieved before going to Taipei?"

Su Cheng said cunningly: "If they say they don't agree, I will terminate the negotiations and come back."

This period is the stage of "feeling stones across the river" and it is also a stage where you can try anything. If you do something wrong, you will withdraw it. As long as Su Cheng goes to Taipei, the above probably won't force him back.

The team leader also knew the mystery and nodded helplessly, but asked: "How is the bidding work of Dahua Industrial going?"

"I haven't seen any real power person, I'm going to raise some money first." Su Cheng said it was not entirely true, but the other party could not believe it or not.

The next day, Sucheng still went to the tailor's shop in Wahaibi Alley. In the afternoon, he met Diabu.

This time, he changed into a full suit, looking like a successful businessman.

The two sat in a small windowless room in the tailor's shop. After the black tea came up, Diabu said to Su Cheng: "His Crown Prince is very interested in Jen's proposal. Now there are only two questions. First, prove Jen's strength; second, explain what Jen needs."

Su Cheng pondered for a moment and said, "In terms of technology, we are the world's leading. China's Chengdao Oilfield has begun to produce oil. And it has maintained a state of 'dripping oil without going into the sea' for a long time. It is the world's top oil and environmental protection technology. I will send some of the information to my friends. In terms of funds, I will go to Taiwan tomorrow to conduct the second round of financing."

He said, slowing down and said, "You have noticed that there are two Chinese groups bidding for the UAE oilfield this time. As long as the bid is successful, I can guarantee that no matter whether my funds are sufficient, I will eventually carry out comprehensive development, and the commitment to underwriting natural gas will not change."

From the perspective of the UAE, they are concerned about the tens of millions of dollars in bidding fees, secondly, international cooperation, and thirdly, they are concerned about oilfield development.

If Sucheng paid for money, underwriting natural gas, and finally did not develop the oil field, the UAEs would probably not be angry. Anyway, the oil field was placed there and bid again. There are only benefits but no harm.

Diab nodded slightly.

Sucheng then said: "About the second point, I hope Dahua Industrial can obtain the UAE oil concession."

This franchise is the power to allow bidding. All previous arrangements were made to obtain the franchise. In the end, bidding will be conducted among all companies with the franchise, and the higher the price will be obtained. The king, the crown prince and the royal family members, the prime minister and government officials, and everyone will be entangled in this interest.

Diab said without surprise: "Do you want to raise funds through oil concessions?"

“The second round of financing, yes.”

"Well, you can give oil concessions for 3 years." This is how you can participate in oil field bidding in the UAE within 3 years.

"Three years is too short, and it will take at least 15 years to make me raise funds smoothly. Mr. Diab, if I really cannot complete the natural gas underwriting agreement, even within 15 years, I will not bid for oil fields in the UAE again." Sucheng's tone was solemn.

ExxonMobil in the United States, Shell in the Netherlands, Total in France, and BP in the United Kingdom are all companies that have obtained UAE oil concessions. Partex in Sweden, Ito Trading Company in Japan, and oil companies in West Germany, Italy, South Korea, China and other countries are companies that have not yet obtained franchises. Their franchise time is also different.

If Dahua Industrial can squeeze into the franchise team, it will be an irresistible temptation for any company that is greedy for oil profits.

"Five years, plus five years of conditional extension." Diab stood up, and it seemed that he was not ready to bargain. He stretched out his hand and held Su Cheng, saying, "There will be documents coming later, and I look forward to the performance of my life."

Su Cheng held his hand tightly and whispered: "The last question is, what is the current bid price?"

Diab hesitated for a moment and said, "37."

He left after he said that.

37 is naturally 37 million US dollars, which is 37 million. This number is not a guess, but an almost accurate number given by the crown prince based on the situation of other companies. Within the UAE, officials and the royal family are not the same. It can be said that Sioux City is now tied to the UAE Crown Prince's chariot.

At the last moment before boarding, Sucheng received the documents for the oil concession.

It was delivered by a young boy, packed in a special bag of mail, but he didn't say a word during this period.

After registering, Su Cheng sat in the business class, tearing open the mail bag with the cover and stamping, and you could see the thick leather contract clip inside. After turning it open, there was only one piece of paper, written in Arabic monogram, with the crown prince's signature painted below: Khalifa...

Su Cheng looked carefully twice, and then asked Li Wei to confirm it before he put it in the file and held it all the time, not willing to let go for a long time.

Li Wei was shocked for a long time and took off for a long time before he asked in a low voice: "In this case, wouldn't Dahua Industrial go hand in hand with companies like Mobil?"

Su Cheng thought to himself: Mobil dared not agree to a long-term LPG underwriting contract of US$2.8 billion.

He shook his head and said, "Mobil doesn't need to do what we do now. Just prepare the money and consider bidding. We are still too far behind them, so we have to work harder."

"Then... have they already known the location of the oil field?"
Chapter completed!
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