Chapter 311 Then sell it to them!
"How is the progress in the Brunei oil field?" Su Cheng asked.
Over there, it was the first oil field that Su City took over to develop, and it was also the beginning of Tianwen Oil Company’s take-off.
So, Su City still attaches great importance to it.
Although it is 50-50 with Brunei, Sioux City is very satisfied with having half of the crude oil.
This is a very large oil field that can be developed for many years.
In other words, Tianwen Oil Company will have a steady supply of crude oil in the future, which is enough for Tianwen Oil Company, a newly established oil company, to refine oil.
Moreover, he will also spend money to buy the Brunei government’s share of crude oil when the time comes. In other words, all the developed oil will become his.
The current oil crisis will last for more than a year, so during this more than a year, these developed oils will not have to worry about selling.
After this crisis, even if the price does not drop much, oil will become difficult to sell.
Because with the end of the oil crisis, the oil supply will naturally return to normal. When the amount is sufficient, those people will start to pick up.
“I just came back from the Brunei oil field last week and stayed there for a week. The progress was very fast. Now the oil production trial operation has begun, but the oil production volume is still small. We will wait until all equipment is debugged. , it will be mined at a normal speed. We have extracted the crude oil there for testing. The quality of the crude oil there is very good. If we can win the mining rights of this oil field, our company is destined to take off!" Li Yihui smiled! road.
“That’s great!” Su Cheng nodded with satisfaction after hearing Li Yihui’s words.
To be honest, when he first purchased this oil field, he did not think about the issue of crude oil quality.
Fortunately, the quality is of high quality, otherwise it would have almost become a stain on him.
It would be embarrassing to have been in business for many years without a single defeat, but to finally lose in the Brunei oil fields.
"By the way, boss, in the past two days, major oil companies in Singapore and oil companies in Japan, South Korea and other places have contacted me again, hoping to sell oil to them." Li Yihui continued.
"Oh? It seems they are in a hurry for oil!" Su Cheng said with a smile.
"Yes, those oil-producing countries are now very competitive, so the oil they bought is simply not enough, so they took our idea." Li Yihui replied.
"Is their demand large?" Su Cheng asked.
"Boss, wait a minute." After Li Yihui said that, he stood up and took out a folder from the cabinet behind his desk.
"Boss, this is the amount they need temporarily. I have registered it all." Li Yihui handed over the folder.
Su Cheng nodded, took the folder, and opened it to see that there was only one piece of paper in it. On the paper, the needs of these oil seekers were registered.
"Singapore Petroleum: 200,000 barrels of crude oil."
"Singapore Shell Branch: 300,000 barrels of crude oil."
"Singapore BP Branch: 300,000 barrels of crude oil."
"Japan Shinichi Mining Group: 600,000 barrels of crude oil."
"Japan Idemitsu Kosan Co., Ltd.: 400,000 barrels Crude oil. ”
……
Total demand: 3.8 million barrels of crude oil! "The demand isn't big?" Su Cheng closed the folder and said casually.
“Boss, this is not small for petrochemical companies. It is enough for them to produce for more than ten days, and it is impossible for everyone to store too much crude oil. Because of the current crude oil market, who can We don’t know how long this high price will last. If they stock up too much, they will lose money if the price of oil drops." Li Yihui explained with a smile.
Hearing Li Yihui’s words, Su Cheng understood.
He compared his own 170 million barrels of crude oil with the 3.8 million barrels of crude oil. Naturally, he felt that the gap was very large, so he felt that they wanted less.
Actually, it is not much at all, but the crude oil stored in Sioux City is simply too huge.
Crude oil worth nearly billions of dollars is not so easy to digest.
Moreover, this is only the demand of a dozen nearby petrochemical companies. If he is found from further away, it will be even more.
According to news in the newspaper, the oil market is now experiencing a shortage of 6 million barrels per day.
However, in terms of price, Sioux City is not worried about falling soon. It would be good to maintain a price of US$40 per barrel, and there is a high probability of even higher prices.
So, Su Cheng feels that the concerns of these oil companies are destined to be unnecessary.
"How high has the international crude oil price risen now?" Su Cheng asked.
“International crude oil is still rising, basically one price a day. Today it has risen to 37.8 US dollars per barrel, and there seems to be no sign of stopping the rise. According to expert estimates, there will be two days at most. The international crude oil price will exceed 40 US dollars per barrel for the first time. As for whether it will rise after reaching 40 US dollars per barrel, no one is sure, because this price is already very outrageous!" Li Yihui replied.
It only took two months for the price to rise from just over 10 US dollars to 40 US dollars. No one expected this growth rate. It was simply too exaggerated.
Therefore, some people predict that US$40 should reach the top.
However, some experts believe that the price of US$40 per barrel is definitely not the peak, and crude oil will continue to rise.
Su Cheng himself cannot determine how high this price will rise, because oil prices have now deviated from the direction of another world.
However, Sioux City did not plan to sell too much at once. Selling a little now can be regarded as recovering some funds.
I don’t know how high the price will rise in the future, but it will never be lower than 40 US dollars per barrel.
So when the price rises to 40 US dollars per barrel, Sioux City can start to slowly produce oil.
170 million barrels is indeed a lot. In this era, no oil company has the ability to eat it all at once.
The present is not the future, and the demand for oil is not as great as it will be in the future.
"Mr. Li, since they have demand, let's wait until the oil price exceeds 40 US dollars per barrel and start selling to them. Now that you are free, I will leave this matter to you and be responsible. Contact them and I will send a financial officer from Bank of Cali to cooperate with you. My previous funds were basically invested in crude oil. Now it is time to return some money so that I can continue to invest in the oil base. Now the oil base The construction speed is still too slow, no, I will continue to increase capital investment to get the Tuen Mun Oil Base to start production and operation as soon as possible," Su Cheng said to Li Yihui with a smile.
The crude oil money is naturally not from Tianwen Oil Company, but his personal income, so Su City will send a financial officer to follow him. When the time comes, the money will naturally be transferred to Su City's private account.
Su City had signed a contract with the Xiangjiang government, which stated that it would not collect taxes from Tianwen Oil Company within five years.
In other words, Sioux City does not need to pay taxes when selling this oil!
This can be regarded as trying to gain advantage from the Xiangjiang government!
(End of this chapter)