Chapter 730 Crude Oil Channel (For Eggy
On September 22, Zhang Sheng got the news of the signing of the square agreement immediately, and he informed Long Jianhua immediately. Both of them laughed three times on the phone.
Zhang Sheng has set up a team in the United States and has bought a large amount of island Japanese tokens, and has invested 2 billion US dollars so far. The agreement was signed, and he was unhappy as the island Japanese tokens were about to appreciate.
For Long Jianhua, he expected that the 5 billion US dollars that Li Huanxin borrowed from the bank had already become island Japanese tokens; he also arranged to acquire movable and immovable property of the island Japanese to master more island Japanese tokens in this way. The bank group has also established branches in the island Japanese, and there are also trillions of island Japanese tokens; and Long Jianhua's own funds, not to mention, have long been lurking there, just waiting for a rapid appreciation.
This is a sure profit and no loss.
On the 25th, Yuan Fanqi came to Long Jianhua's office, "General Long, crude oil production has increased significantly. It was still 2 million barrels a day some time ago, but it reached 600 poles at the end of last month. There is still an upward trend now. I think the price will have a downward trend, so I suggest speculating on crude oil futures and buying a downward trend."
Long Jianhua looked at him, "How do you think it should be fryed?"
Yuan Fanqi responded, "According to this trend and their thinking, I think it can be traded for half a year, and the lowest may drop to $20 per barrel."
Long Jianhua shook his head, "I think the time span is OK, but the price can be lower. You might as well reach $11 and $12."
He asked in surprise, "Will it be so low?"
As soon as he leaned back, "Crude oil production has increased so much, but its digestive capacity cannot keep up, it will naturally fall. Price reductions have a trend and inertia. If we buy a large amount of money, the market will cause panic. The price of 11 US dollars is completely possible."
"It takes a time to reduce production, and this time, according to the idea of these oil-producing countries, may be three or four months; the market reaction has a certain lag, and the lag time is two or three months."
"What you should pay attention to is to be cautious in the early stage to prevent oil prices from falling rapidly, and to make the decline curve look natural and in line with the rules."
"It's still the old way. I'd rather earn less than be the first to be a bird."
After pondering for a moment, Yuan Fanqi nodded, "Okay. Then we operate at the lowest price of 12 US dollars per barrel for half a year."
Long Jianhua nodded, "Okay, just do it."
In fact, he wanted to correct it and operate it at $11, but he was also a little hesitant. The joint venture petrochemical project is an unknown number, so it's better to be more insured...
At noon on the 26th, Long Jianhua walked out of the Riyadh Airport and saw a few people standing in front of him. He walked forward quickly with a smile, "Prince Avalli, you are too polite."
Waiting in front was Prince Avalli and his party.
Since the two met on Xiangdao in 1983 and reached a broad consensus, the cooperation between the two sides has developed rapidly.
The sales of various products of Chongshi Group in the Middle East have suddenly increased, and Avalli's real estate has also been doing well because Long Jianhua helped him contact the construction company.
Prince Avalli walked forward with a smile, and after giving the salute, he said with a smile, "Welcome to the sand."
When he arrived in front of the welcome convoy, Long Jianhua smiled and glanced from beginning to end.
All ten cars were produced by Chongshi Group, either produced in Europe or produced in the United States.
He smiled and said, "Prince Avalli, you are really a loyal customer of our Chongshi Group."
Avalli laughed and said, "I have five types of cars in total, of which two are from Chongshi Group. You are the chairman of Chongshi Group. I don't need Chongshi Group's cars to pick you up, it's unreasonable."
Long Jianhua smiled and covered up his embarrassment.
Well, being self-indulgent, there is not just a car for reunion.
Fortunately, among the eighteen vehicles, the Chongxian Automobile accounts for more than half, which is very good...
When I came to the hotel reservation room and sat down, Prince Avalli said, "Mr. Long, we will eat here at noon and have a talk with my Uncle Wang in the afternoon."
Long Jianhua nodded, "Thank you for your help."
The only purpose of coming to the sand this time is that Long Jianhua wants to establish a long-term crude oil trading relationship with Amei. Prince Avalli has helped him contact the person in charge of another aspect.
Secondly, he also hopes to discover new business opportunities through field trips to develop new markets in the Middle East.
Avalli smiled and said, "The similar products of Chongshi Group not only have the market share of sandy land, but also have rapid growth in other countries."
Long Jianhua smiled and said, "I have to thank the prince for his strong promotion."
Avalli smiled and said, "This is mutual benefit. My wealth has grown rapidly because of this."
Long Jianhua laughed, "Our group's shipyard has launched two new luxury yachts, and the prince can help us promote it."
Avalli's eyes lit up, "Is that so? This is good news. Do you have time? After talking to my Uncle Wang, let's go and have a look?"
Long Jianhua immediately agreed, "I am happy to be a guide."
There is no important thing during this period, even if there is something, it can be delayed...
The meeting took place at the Ministry of Petroleum and Mining. Long Jianhua and his party included Li Yitong, Long Qingfa and the leaders of three departments. The other party was the Minister of Mining and President of Ame Oil, including six people, including the Minister of Mining and Prince Avalli. The Minister of Mining was Uncle Wang of Prince Avalli.
After a brief greeting, the meeting quickly got to the point.
Long Jianhua looked at the minister's nose and said, "His Excellency Minister, my Chongshi Group is building a large petrochemical processing enterprise and wants to buy a large amount of crude oil from your country."
The minister chuckled, "Mr. Long, I'm glad you can think of us. Let me first introduce the direction and policies of our oil sales."
"Our current crude oil, except for what we digest ourselves, will be sold to four European and American oil companies; so, I think it is unlikely that you can buy it."
Long Jianhua smiled and said, "Mr. Minister, this digestion should not be used only in your country, but also include the part sold by your country. We buy it directly from your country, and its share should be included in the amount of your digestion."
The minister laughed and asked, "How much production capacity is your petrochemical company?"
Long Jianhua responded to him, "The initial design is 10 million tons. If the technology is feasible, we will expand it."
The minister asked with a smile, "If we invite Chongshi Group to build a 1,000-ton oil refinery in Saudi Arabia, would we be willing to come?"
I thought about coming, but I didn't expect that the other party would come up with it first.
Long Jianhua asked with a smile, "Can we be sole proprietorship?"
The minister shook his head, "No, joint venture. We account for 60% and you account for 40%. You produce technology, equipment, we invest one-third of the construction funds and crude oil that guarantees the cost price for one year."
They are all old foxes, so don’t settle the accounts too well.
The lion's mouth is so big. Although oil production has risen sharply now and the crude oil price is above $30 per barrel, he would not have thought that the crude oil price will continue to fall in two months, which is outrageously low.
He smiled and said, "Mr. Minister, although the technology of our petrochemical project is currently the most advanced level in the world, it cannot guarantee success at once, but we will definitely succeed. After success, I, Chongshi Group, is willing to come to your country to build a new factory."
"As for the cooperation method of the new factory, I want to use the easiest way to carry out technology, equipment... According to the above method, we account for 51% of the shares, and your country accounts for 49%."
The minister shook his head gently, "Mr. Long, we can provide you with 20 million tons of oil every year, but we must hold shares. Moreover, this oil processing project must start construction within five years. Let's take a break and then discuss it in an hour."
An hour later, the two sides quickly reached an agreement: Saudi Arabia sold 20 million tons of crude oil to Chongshi Group at market price every year. Before the end of 1990, the joint venture petroleum refining project with an annual processing capacity of 10 million tons was put into production, and Chongshi Group accounted for 50% of the joint venture project shares...
After attending the party held by Avalli for them, Long Qing laughed and said, "Mr. Long, we are under a lot of pressure. That one has not yet been put into production, and the next one has been signed here."
Long Jianhua said lightly, "It depends on the ability of your team. After you go back, you must first build the storage facilities as soon as possible, and supply of crude oil will start in January."
Long Qing smiled and said, "In January, February, there were only 100,000 barrels and 800,000 barrels respectively, which is not a big problem. According to your deployment, we have a storage capacity of 15 million tons; by now, we have a storage capacity of 10 million tons."
In his heart and the team, he was actually still doubtful about such a large storage ability, but Mr. Long insisted so much that they could only abide by it.
Chapter completed!