Closed Beta I Played Alone

Apocrypha 16. Hong Jooyoung (15).

Myungjin Group headquarters.

“Whew...”

Before welcoming his guests, Chairman Hong Sang-man took a long, deep breath.

It's not that I haven't met the president of a country, as well as the prime minister or other high-ranking officials, but if that's the world's most powerful country, the United States, the story is bound to be different.

Especially since Exxon Mobil and Chevron, who couldn't meet even if they wanted to meet like that, were interspersed there.

And then, the elevator door opened, and as the waiting people appeared, Chairman Hong Sang-man reached out to them in turn.

“Welcome to visit. I am Hong Sang-man, who represents Myungjin.”

Appropriate level of greeting that neither exalts nor humbles itself.

OK.

"nice to meet you. This is Harrison, who serves as the Secretary of Commerce for the United States.”

"nice to meet you. This is Walton, Assistant Secretary of the Interior.”

"nice to meet you. This is Thomas Tyler, White House Special Adviser.”

Chairman Hong Sang-man, who had no choice but to meet a lot of people, even if it was not limited to politicians or high-ranking officials.

So, it was Chairman Hong Sang-man, who prided himself on having a keen eye enough to know in an instant how he treats people just by looking at the person's facial expressions and gestures.

And if you look at it with that kind of glance.

[Careful. Courtesy.]

Chairman Hong Sang-man honestly felt embarrassed.

The Secretary of State and the Vice-Minister of the United States, as well as the closest aides to President William, are in a position where they can spread their shoulders and critique wherever they go.

However, rather than that, the situation showed signs of being cautious.

Furthermore.

"nice to meet you. Ian is Vice President of Exxon Mobil.”

"nice to meet you. Bacon is in charge of Chevron’s Asia.”

Exxon Mobil and Chevron, which have already been evaluated as having a corporate value that exceeds Myongjin, with only one industry, such as oil refinery.

Of course, the higher the corporate value, the higher the value of the company does not mean that the relationship is formed, but clearly, Myeongjin is now Eul.

Crude oil supply and demand was the top priority not only for Myongjin, but also from the perspective of the Republic of Korea.

That's why the Blue House even dispatched the Minister of Foreign Affairs to their visit.

However, even those two places seemed to be cautious, and Chairman Hong Sang-man's embarrassment was bound to increase.

Of course, Chairman Hong Sang-man did not make that mark.

Because he wasn't stupid enough to ask why he was so cautious.

First of all, Chairman Hong Sang-man was obviously cautious of himself and led his guests to his conference room.

***

At that time, the Korean stock market.

The market was still active before the market closed.

And then, suddenly, there was a stock that started to show a surge.

Myungjin, Myungjin Oil Refinery, and other affiliates of Myungjin.

In particular, Myongjin Refinery, which had a dark blue color along with other oil refining stocks until just before, changed to red and achieved 30% of the daily upper limit in just 10 minutes.

Of course, even in that state, trading was active.

Because the stocks that recorded the lowest price for a few days and days achieved the upper limit of 30%, and those who had children who were in trouble proceeded to cash out.

Numerous other people waged a war of words over Myeongjin Jeongyu and Myeongjin.

“Shouldn’t we sell them too?”

"Hey! ExxonMobil and Chevren have entered the Myeongjin headquarters!”“But… that’s not a guarantee that we will bring essential oil to Korea, right? We will definitely negotiate. And what kind of people are America? can you give me cheap I'm sure we'll end up wasting time in our favor."

“Anyway, there is a way to get oil. Moreover, the Blue House also said that it would pay a certain amount of subsidies for imported crude oil, so it is true that this is a huge boon.”

“Huh… I’m still anxious.”

"wait. It will definitely go higher. No, if it were me, I would buy more. Not only Myungjin Oil Refinery, but all of Myungjin’s other affiliates.”

"OMG. crazy man! Why are you doing such a reckless thing?”

“Did you not see it? The Minister of Commerce and the Deputy Minister of the Interior! There was even a person called the shadow of President William of the United States! Do you think it will be over with just one oil transaction?”

“…but that’s too reckless.”

"okay. I'm not going to tell you to follow me. But let's see. 'Cause soon I'll be incredibly rich So I sold all the stock I already had, including the future.”

Obviously, the visit of the US economic delegation to Myongjin is a huge boon for Myungjin.

So, Myeongjin-related stocks generally turned upside down.

Of course, there were more skeptics.

So, even after the price of Myongjin Refining reached 30% of the upper limit, trading is still active in that price range.

Anyway, the stock market in Korea started to shake up due to Myungjin.

***

Myungjin group meeting room.

“Then, the most urgent first thing is oil, so can we talk about ExxonMobil and Chevron here first?”

“It doesn’t matter.”

Rather, it was what he had hoped for, so Chairman Hong Sang-man happily nodded his head in response.

OK.

“We, ExxonMobil, currently have 17 tankers full of crude oil on standby in Los Angeles, and we can start shipping them to Korea right now.”

“Chevren also has 12 oil tankers on standby in Los Angeles. Likewise, we are ready to start shipping to Korea right away.”

“……”

Dozens of tankers loaded with crude oil.

And the situation is waiting in Los Angeles.

Chairman Hong Sang-man was not so naive that he did not know what that meant.

It means that they are already ready to ship crude oil to Korea.

After that, the answer as expected by Chairman Hong Sang-man leaked out of the mouths of Vice President Lee Ahn and the Bacon branch manager.

“We, ExxonMobil, do not intend to use the current situation in Korea and Myungjin maliciously. So the price of crude oil is... Exactly what it was before Iran's blockade of the Strait of Hormuz and before Saudi Arabia's oil attack.”

“The same goes for our Chevren. Of course, I have no intention of freezing at that price forever. However, since the current situation is absolutely not normal, we will proceed with the transaction at the current price until the situation is completely resolved. And this is our Chevren side contract.”

“This is an ExxonMoble contract.”

“……”

Chairman Hong Sang-man looked at the two contracts that were held out in front of him with his eyes wide open.

Now, they are talking about giving away crude oil for free.

First of all, for about 30 minutes after that, the Minister of Commerce, the Deputy Minister of the Interior, and Thomas Tyler, the special standing adviser, had conversations about this and that, and Chairman Hong Sang-man was able to let them go.

Of course, with the mention that we will give you a quick response to the contract.

After a while.

While the US economic delegation left the Myeongjin Group headquarters.

Chairman Hong Sang-man summoned the employees of the Future Strategy Office, the president and executives of Refinery Myung-jin, and several overseas oil trading experts.

After that, he handed over a contract he gave to ExxonMobil and Chevron.

Please do a review.

Of course, Chairman Hong Sang-man also took a sneak peek in advance.

And he couldn't help but be dazed after reading it all.

Because this was literally a contract that one party would give to the other for free.

Of course, it was Myeongjin who received it for free.

First of all, let about 30 minutes pass like that.

“Is this really the contract between ExxonMobil and Chevron?”

nod nod.

Chairman Hong Sang-man nodded slightly at the question of Yang Jeong-cheol, president of Myeong-jin Jeong-yu, who asked a question with a puzzled expression on his face.

I don't know why.

“Have ExxonMobil and Chevron ever been caught by the president? So..."

“No, no matter how reprehensible it may be, this is too much. Even today, crude oil prices are on the rise. The prevailing view is that $100 per barrel is not far away. But... the price before Iran's blockade of the Strait of Hormuz and the Saudi attacks. So that's around $40 a barrel. 40 dollars!”

"Yes. What's more, the fact that you can send additional quantities at any time after the first tanker for a total of 29 tankers is $40 per barrel...”

“Moreover, if you look at page 3, both companies will continue to trade even after the situation has improved, and oil suppliers ExxonMobil and Chevron say that it is impossible to increase the price fluctuation by more than 10% of the price three months ago in order to ensure a stable supply of crude oil. It is written. In other words, even if such a situation occurs again, the high price

It means you don't have to buy crude oil!”

“There, it is stated that this contract expires for 10 years, and in the 10th year, if both parties agree and wish to extend the contract, the period of 10 years will be extended unconditionally. This means, after all, a perpetual contract.”

woozy woozy.

wiggle wiggle.

The conference room was literally a mess.

However, Chairman Hong Sang-man did not stop him.

Chairman Hong Sang-man also wrote tens of thousands of contracts in the past, but among them, it was the first time that he had a nonsensical contract like this one.

Of course, he couldn't let them keep talking about Jung-gu heating like that, so Chairman Hong Sang-man opened his mouth quietly.

"Review. The reason I have called you here is to review this contract. I wonder if there is something that could harm Myeongjin. So let's start with a quick review. That way, the 29 tankers anchored in Los Angeles will depart from South Korea, not Myeongjin Oil Refinery.”

“……”

“……”

“……”

At the words of Chairman Hong Sang-man, those who talked about Jung-gu heating turned their eyes to the contract.

The moment when 29 tankers are loaded with crude oil into Korea, Myungjin Refinery beats Mirae, Daesung, Hanil Energy, and Maseok Caltex to become Korea's best oil refining company.

And in less than 10 minutes, I was able to come to a conclusion.

Right now, by unconditionally accepting this contract.

First of all, Chairman Hong Sang-man delivered his position by directly calling the U.S. Secretary of Commerce through a business card that Harrison gave him and signing the contract.

OK.

[Soon, a tanker full of crude oil will arrive at Myeongjin Oil Refinery in Busan.]

Chairman Hong Sang-man confirmed the words and put down the phone.

***

next day.

The Blue House was busy.

Because the economic delegation, including the US minister, did not visit the Blue House first after setting foot in South Korea.

However, fortunately, the next day, the Blue House decided to participate in the dinner prepared.

So, President Kim Ki-jung was able to breathe a sigh of relief.

In any case, if the US economic delegation left Korea without visiting the Blue House, there was no way to avoid pointing out that it was an incompetent government.

And that's how the American economic delegation was greeted.

Of course, he didn't go straight to the dinner room.

Because there was something more important.

oil imports.OK.

[The United States will export a sufficient amount of crude oil to the Republic of Korea, a strong ally at the US government level, including Exxon Mobil and Chevron, who attended this event.]

President Kim Ki-jung had no choice but to laugh out loud at US Commerce Secretary Harrison's remarks.

Of course, the atmosphere continued throughout the dinner.

Then, near the end of the dinner, President Kim Ki-jung delivered a message from Harrison at the gathering of all reporters.

of course.

“As the President of the Republic of Korea, every day was a thorn in the face of the burden felt by the people due to soaring oil prices. So, we moved with the determination to eliminate the inconvenience and burden of the people by solving the problem as quickly as possible, and finally we are able to supply and supply crude oil like this.”

President Kim Ki-jung did not forget that all of this was paved with his own merits.

Because that was the politics that President Kim Ki-jung thought.

First of all, President Kim Ki-jung was so gracious enough that he handed his microphone over to US Secretary of Commerce Harrison.

OK.

“We, the United States, are delighted to know that our strong ally, the Republic of Korea, can help with what is going on. So now, a total of 29 tankers who are full of crude oil have left Los Angeles and are heading to Myeongjin Oil Refinery in Busan.”

Naturally, numerous reporters were dictating Harrison's words.

And then some reporters tilted their heads.

Obviously, it was very encouraging that 29 oil tankers set off for the Republic of Korea.

So some impatient reporters raised their hands.

But it wasn't time for questions yet, so Harrison continued to speak, ignoring reporters who raised their hands.

“In addition, this transaction is not a one-time transaction, but a mid- to long-term contract with Myungjin, Exxon Mobil, and Chevren, so we are ready to export crude oil whenever Myeongjin wants, as long as it is used in the Korean Peninsula.”

First of all, Harrison continued to speak after that, and there was something that everyone who watched it on television, if not all the reporters who heard it, knew it.

After all, it is Myongjin that imports crude oil from the United States.

Moreover, as the reporters started asking questions.

“Isn’t the South Korean government the target of U.S. ExxonMobil and Chevren oil exports?”

"Yes. no. It’s Myungjin who signed the contract exactly.”

“Then what about the other places?”

“As mentioned earlier, ExxonMobil and Chevron have signed a contract to export as much crude oil as Myeongjin uses in the Korean Peninsula. In other words, it will be possible for other places to receive crude oil through Myongjin.”

“Is the contract ending by simply handing over crude oil to Myongjin instead of the second contract through Myongjin?”

"of course. We only export crude oil to Myeongjin, and how Myeongjin uses the imported crude oil is beyond our control.”

“……”

“……”

“……”

Reporters, as well as most people watching TV, in particular, officials from Mirae, Daesung, Hanil Energy, and Maseok Caltex stared blankly at the screen with their mouths wide open.

After all, it means that only Myeongjin has secured crude oil on the Korean Peninsula.

Furthermore.

“Is the oil price being traded confidential? Also, since it is a mid- to long-term contract, can I know the duration of the contract?”

“The price of crude oil is confidential and cannot be disclosed. However, the price of crude oil will be decided through negotiations with Myungjin, and someone's arbitrary opinion will not be reflected. Also, the contract period is 10 years, but if either party wants to extend the contract, the contract will be renewed for another 10 years.”

Again, after the dinner, the press conference hall was silent.

In the meantime, of course.

‘What the hell did Myeong-jin do?’

‘Is this possible?’

‘Is America… crazy?’

There were many people who thought like that.

In any case, the press conference filled with surprise continued.

end

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