Reborn in Hong Kong: The Tycoon Grows Up

The original plan was to leave Qatar tomorrow and head to Fucairah. But Hamad has already received funds, and Bao Zixuan’s plan is indeed feasible. So don't say anything to let him leave. Thinking that Qatar was also a big businessman and could make a lot of money from the other party, the richest man Bao decided to stay a few more days.

It is not easy to get funds from dad. If you don't take advantage of it, you will waste this opportunity. There are many things that need to be discussed with the second princess. After all, in the field of business, this wife is definitely much better than him.

Therefore, when the second princess proposed the field of pearl mining and deep processing of pearls and they should do it themselves, Hamad expressed full support. But other projects are not that simple. After all, this is state funds; although as the crown prince, there are too many people staring at him. His father asked him to take responsibility, but it is probably impossible to truly delegate power.

Hamad said to Moza: "I just asked the Minister of Finance about the plan to purchase US$4.5 billion in US Treasury bonds this time. But now this money has been decided to be used for the development and construction of Qatar, which means it will be allocated to us. "

Unlike Hamad who was so optimistic, Moza was a little worried at this time; does Qatar have the strength to reject the United States?

Princess Moza said worriedly: "If it's this money, we really can't be too optimistic. After all, it's still unclear whether we can get it in the end."

Hearing what the princess said, Hamad immediately realized what the problem was.

You must know that the United States and Qatar have extensive energy cooperation; this is also an important practical interest of the United States in Qatar. Qatar is an important oil and gas resource country in the world. Although Qatar's oil reserves are not large, its average daily production ranks 14th in the Middle East.

However, Qatar is extremely rich in natural gas resources, with proven recoverable reserves of 25.26 trillion cubic meters, accounting for 20% of the world's reserves, ranking third in the world after the Soviet Union and Iran.

Especially as the world's demand for clean energy continues to increase and oil prices remain high, the proportion of natural gas in energy consumption in various countries is growing. According to the International Energy Agency's forecast, natural gas will account for 25% of the world's total energy consumption in 50 years. This is a huge opportunity facing Qatar's energy industry; it also makes the US government and the energy industry attach great importance to Qatar's strategic position.

The United States entered Qatar's natural gas industry earlier and has been operating at full strength, thus establishing a close cooperative relationship and occupying a dominant position in Qatar's energy development and production fields. U.S. investment in Qatar has increased from the initial $300 million to tens of billions of dollars; most of it has been invested in the energy sector. Therefore, the United States occupies a major position in the development and production of liquefied natural gas in Qatar.

In the oil field; American energy companies are also actively involved. As early as the early 20th century, Chevron and the California Petroleum Company of the United States played a major role in its development. After oil was discovered in Qatar in the late 1930s, the United States began to develop the oil industry in Qatar; it established the Dukhan oil field and offshore oil fields. Even after it was nationalized by Qatar, the United States continued to invest in Qatar’s petrochemical industry.

Overall, the strategic relationship between the United States and Qatar is based on defense cooperation and continues to strengthen the strength of bilateral relations through the extensive development of regional security and energy cooperation. Although there are conflicts and frictions between the United States and Qatar, the strategic cooperation mechanism between the two countries has formed a considerable scale, and both sides can gain a lot of benefits from it. As far as the United States is concerned, the United States attaches great importance to its security partnership with Qatar and its status as an important country in energy resources; it does not want the strategic cooperation between the two parties to be affected.

For Qatar, maintaining and developing strategic cooperative relations with the United States is a practical requirement of Qatar’s national interests. In particular, U.S. military bases are like a "talisman" and a security guarantee stuck in the complex situation in the Middle East.

Now if they suddenly stop buying U.S. Treasury bonds, then Americans can agree. I had not thought of this relationship before, but now through the princess’ reminder, I immediately understood the powerful relationship.

Hamad: "What you mean is that this money is not so easy to use; at least the consent of the Americans must be obtained."

But then I thought about it, the Americans would definitely not agree. Looking at the billions of dollars, although it is my own money, but I can't use it according to my own ideas, I feel very uncomfortable.

Moza: "Actually, it's not that it can't be used. It just depends on how you use it. Although I don't want to do it, sometimes there is no way."

"You can use previous U.S. Treasury bonds as collateral. Use U.S. Treasury bonds as collateral to get a loan from a U.S. bank and see what the U.S. bank does. If they don't accept it, then we have reason to believe that U.S. Treasury bonds are a deceptive tool."

"If they take over, they will lose some interest at most. It should be within an affordable range, and with Qatar's economic strength, there is no problem at all in repaying the interest."

It’s great to have a smart and capable wife!

In fact, Khalifa doesn't really agree with his son's behavior, but he can't dampen his enthusiasm. Therefore, we can only use this method to see if he has the ability to convince the Americans. If he doesn't agree, he can come out to smooth things over. In the end, if you give me some money casually, it probably won't make any difference.

Most of the funds will definitely be used to purchase government bonds, and it doesn't matter what else.

Hamad immediately called his father and stated that he only needed part of the funds to purchase U.S. Treasury bonds. After all, this is something that was promised before, and it is not good to offend the Americans. 2.5 billion US dollars, I believe it can be accounted for.

"But I hope to get US$5 billion in U.S. Treasury bonds, mainly to show it to Bao Zixuan; or I can use these to mortgage others."

After hearing this, Khalifa thought for a moment and then readily agreed.

This kid must have reacted and realized that some money cannot be used. But he didn't want Heiyun to see that he, a crown prince, had no money, so he decided to make a fuss about U.S. Treasury bonds.

Qatar holds a total of more than 40 billion US Treasury bonds. Since he wants to take out 5 billion US Treasury bonds, let him go. And it has been shown that it can only be mortgaged and cannot be liquidated. As long as you control it and wait until a certain number of years to redeem it, it will be fine.

Hamad, who received US$2 billion in cash and US$5 billion in U.S. Treasury bonds, found Bao Zixuan early the next morning and said that Qatar would build desalination plants, power plants, and agricultural projects, and build a national road network. If Heiyun Group is interested, they can leave it to Bao Zixuan.

We must cut through the mess quickly, otherwise my father will react and all his efforts will be wasted.

Hearing this, Bao Shaofu felt incredible; how could such a big move happen all of a sudden. Could it be that there is something hidden inside, and I am a little hesitant about whether to get involved or not.

Seeing Bao Zixuan's doubts, Hamad immediately said: "My father didn't want to invest so much, but I feel that if I want to do it, I have to do it in one step. At present, I can take out 2 billion US dollars in cash, and I am also prepared to take 5 billion US dollars." U.S. dollar U.S. Treasury bonds are used for mortgage loans.

Hearing this, Bao Zixuan immediately understood what it meant. It seemed that it could really be done, so he smiled and said: "Since His Royal Highness the Crown Prince is so sincere, what if Heiyun Group takes over this business."

"Engineers will come to survey later, and professional designers will plan all projects. As for Qatar, as long as funds are prepared, it will be fine; in other aspects, Heiyun Group can definitely guarantee it."

For Saudi Arabia, there may not be enough Chinese workers. But Qatar is such a big place, and Qian Zixuan doesn't want to let go of this money. And there are still US$5 billion in US Treasury bonds that can be manipulated; then for him, the room for maneuver becomes even greater.

Khalifa was very interesting. The next day he went to Europe for a vacation as planned. This makes Hamad very happy, at least he can do things without being watched.

Several major Wall Street banks have branches in Qatar. When I learned that the crown prince wanted to use U.S. Treasury bonds as collateral, I immediately understood what he meant. This is a manifestation of lack of funds and the fear of offending the US government.

For the same 10 billion U.S. dollars, the income from purchasing U.S. Treasury bonds may be less than 300 million U.S. dollars per year; but the interest on the loan will be 500 million U.S. dollars. In other words, we lose US$200 million for no reason, and that’s every year. For such a good thing, you can't find it even with a lantern. Isn't it a disguised form of giving money to the Americans?

Therefore, the loan was approved quickly, but according to the process, only US$4.5 billion was loaned. After all, they also have to bear risks, although this risk is almost non-existent.