The content of the memorandum between Dahua Industrial and Kazakhstan was carefully designed by Dahua Industrial and finally completed the negotiations.

50% of the shares of oil pipelines, 50% of the pipeline management rights, and future expansion rights are almost all the bottom lines of Kazakhstan. If it weren't for the major issue of being captured by Sucheng, Nazarbayev's minimum conditions would be 51% for Kazakhstan and 49%.

Although it is only a percentage difference, the power structure is completely different. 51% of the equity party means that they have all the power and can make various decisions about the oil pipeline without discussing with the other party, while 49% of the equity party is almost the only dividend right left.

Generally speaking, 49% of the dividend rights are actually enough for oil importers. Their requirements are ultimately to obtain oil. As long as they can ensure the annual import of tens of millions of tons of oil, the difference between which oil is imported and how big a difference can be made for oil importers. Even countries like Japan that have bought a lot of oil fields, they don’t care which region of oil is loaded in the oil pipelines and tankers.

50% of the equity or 49% of the equity, which really affects oil importers and oil exporters. Oil exporters should give priority to allocating their own resources. For example, in the Middle East, an oil pipeline runs through several countries. It is very particular to sell whoever is first and whoever is then sold. In an era of increasingly violent oil fluctuations, such power will greatly affect the profits of oil exporters. Similarly, it will also affect the profits of oil importers.

Dahua Industrial is a standard oil import company in oil pipeline business. Kazakhstan is an oil exporter, and they all need control of oil pipelines. In the end, 50% of each was Nazarbayev's biggest concession. Even so, his private agreement with Sucheng would ensure that the construction of the capital was completed before the signing of the oil pipeline agreement would continue.

If the Sino-Kazakhstan oil pipeline is stuck at 50%, the agreement on the shareholding ratio of Anta Line becomes difficult.

Daqing Oilfield originally didn't care much about the shareholding ratio. The most important mission of the Anda Line is to ensure an oil import task of 10 million or 20 million tons per year. Which oil field in Russia comes from has no essential impact.

Therefore, if it were not forcing Sucheng, Zhang Changting might have signed a 51% agreement between Yukos and 49% Daqing. At that time, he would just explain Russia's strong will. If we do not have this need, we can clear things from ourselves. As for the joint team formed by PetroChina and the Ministry of Foreign Affairs, what specific results can be discussed have nothing to do with him.

However, 49% may indeed meet China's basic needs, but it cannot be said that 49% is a reasonable shareholding standard.

In the future, China may have to pay more political and economic resources to make up for this 1% lack.

For example, China's offshore oil transportation channels have been affected. China requires oil pipelines to increase transportation volume, but because of the lack of this 1% stake, the other party will raise prices. By the same token, if China obtains oil from other countries, it is likely that it will not be able to pass through the oil pipeline shared by both sides, and therefore it will cost more funds. If it encounters an energy shortage period, it will be even more troublesome. Contracts are usually supplied in one year, and as for how many tons of supply in months, they are often elastic. These elasticities mean a considerable amount of funds and will result in a strong power.

At present, as long as Zhang Changting signs less than 50% of the shares, even if it is 49%, it will be significantly worse than Dahua Industrial's conditions. Therefore, signing a 50% share agreement is the minimum requirement, and such a requirement is almost unacceptable for Russia.

A normal negotiation plan should be to slowly grind it. It is not surprising that grind it for two or three months, two or three years, or even eight or ten years. Grind it until the world energy market changes, the world economy changes, or when the other party has a strange leader... For example, a person like Gorbachev, all agreements are solved.

But at Su Cheng's instigation and Mr. Zhou's request, Zhang Changting lost the buffer period.

After thinking about it, he could only write down a plan for 50% equity, 50% management rights and expansion rights.

Zhang Changting folded the paper and pushed it to Mr. Zhou, saying: Russia is much tougher than Kazakhstan.

After saying that, he glared at Su Cheng fiercely.

Russia is indeed tougher than Kazakhstan. The latter is still in a state of poverty and is eager to exchange black gold for gold, but because it is a mainland country and has no coastal ports, it is impossible to export directly. However, Russia has been in oil business for a long time, although it is not rich, and can always hold on.

Unfortunately, Zhang Changting cannot reflect the difficulty of Russia on paper. The difference between 50% and 49% is too big. He cannot reduce his requirements so much just because Russia is a little difficult to deal with.

However, being forced to write 50% on paper would not make him happy either.

Mr. Zhou put on reading glasses, looked at Zhang Changting's plan carefully, and then agreed and said: "Yes."

Zhang Changting then smiled again.

Mr. Zhou closed the paper, pressed it with a teacup, and returned to the state of closing his eyes and resting.

Su Cheng coughed, restarted the topic and asked, "Mr. Zhang, what you wrote on paper should be the bottom line of Anda Line, right?"

"That's right." After handing over the things, Zhang Changting became a little bachelor.

"Since that's the case, it depends on Mr. Zhang." Su Cheng looked up at Mr. Zhou and said: "If it is proved that the Petroleum Corporation cannot sign a contract for oil pipelines under this condition, I require the construction of the China-Kazakhstan line to be given priority and approval."

Mr. Zhou and Su Cheng had a little tacit understanding. Although they had not had enough communication, they still had a very good impression of Dahua Industrial. He recalled the conditions on the paper, then asked Zhang Changting, and said, "Can you accept Su Cheng's statement?"

At this time, the rebellion was just a joke. Zhang Changting nodded simply and said, "Yes. But if we can sign a contract for oil pipelines under this condition, I ask the Anda Line to give priority to the construction of the China-Kazakhstan Line and suspend the approval of the China-Kazakhstan Line."

This time, Mr. Zhou did not ask Su Cheng for his opinion again and said directly: "Then let it be."

As he said that, he handed over the paper with the conditions to the general manager of the Petroleum Corporation.

The latter expanded and looked at it for a few moments, and let it go without saying a word.

Su Cheng was calm on his face, but actually looked at a few people nervously. He couldn't ask Mr. Zhou to send a bunch of the situation together. Therefore, he had no idea what the conditions written by Zhang Changting were. In order to put it bluntly, it was just the expressions and actions of several people.

If...if Zhang Changting made a way to Mr. Zhou and came up with a low-demand condition, then he would fall into someone else's trap...

Although the possibility is not great, this worry still tightened Su Cheng's heart.

Su Cheng took a deep breath quietly to calm down, and at the same time he secretly laughed at himself: What is Zhang Changting and what is Mr. Zhou? If he could do the job of Mr. Zhou, there would be no need to dig any traps. Just slap Dahua Industrial to death with a shovel, and there would be no trouble.

Thinking of this, Su Cheng's expression became relieved.

In fact, if it weren't for the amount involved and the oil pipeline was too important, Sucheng would not be worried about gains and losses. Just like the domestic household gas market, Dahua Industrial accounts for 60% of the market. Today it gets a city and tomorrow it will lose a district and county. Even if it is a business worth tens of millions of dollars, it will not be in the eyes of Sucheng. For him, it is just a number on the report, a tool that supports Dahua Petrochemical in Haicang or Dahua Shipping Industry.

Zhou Feng gave Su Cheng a thumbs up below. He knew the strength of the monopoly department by a Chinese. Seeing Su Cheng forcing Zhang Changting to the corner of the wall, he was also very impressed.

At this time, the general manager of the Petroleum Corporation who was in charge of the meeting raised a big face and whispered to Mr. Zhou: "It's getting late, do you think you should use some rice first?"

Indeed, it seems that it is time to end in this regard.

Mr. Zhou agreed with kindness and said, "Don't be extravagant, four dishes, one soup, one glass of wine for each person."

"Okay, listen to you." The general manager was so happy. Mr. Zhou didn't eat outside easily.

He threw a gesture out, and he was still smiling in the conference room, and the outside was busy.

It is not difficult to prepare a banquet, but the difficulty is that the whole table is four dishes and one soup, which makes the leaders smile. The era of filling dozens of dishes in four sea basins is over, and now it emphasizes elegance and exquisiteness. For example, the 48th generation successor of Huaiyang cuisine with high salary is very elegant, and the broth stewed with 48 ingredients such as abalone, sea cucumber, old hen and other ingredients is very exquisite. Such an elegant and exquisite four dishes and one soup is not enough even if the government departments are good at this skill, it is not possible to do without some preparation.

Su Cheng was also invited and followed with a smile. Today's matter is still early to end. As long as Mr. Zhou doesn't withdraw, he has to follow him.

In this room, everyone was tasting elegant and exquisite dishes. Moscow, with a 5-hour jet lag, was brewing a small whirlpool.

In front of the parliament building, a group of liberal Russian journalists, learning from the Western journalists' behavior, surrounded and intercepted the members who had just ended the meeting. They stuffed the microphone to the members' mouths and asked in a tone of cheering "Long live Lenin":

"What do you think about the nuclear weapons reduction plan?"

"Have the time for the Foreign Minister's visit to Europe been determined?"

"When will the new international trade law be introduced? What do you think is the goal of Russia-US trade?"

A parliamentarian who struggled to escape stopped when he heard the problem of international trade. Facing the excited eyes of more than a dozen media outlets, he smiled: "I think the primary prerequisite for discussing international trade law is to re-examine Russia's oil exports. Our government has too loose control over oil trade. I even heard that some companies are trying to sell our country's oil assets at a low price by laying oil pipelines..."
Chapter completed!