Resource Tycoon Reborn

Chapter 607: The bait is very fresh, the pit is very big

If Khordokovsky and Chudakar knew that in the not too distant future, that is, between two and four months, the Russian government would introduce a series of monetary policies to delay debt repayments and avoid government bankruptcy.

If it were the consequences, I'm afraid I wouldn't be as excited as I am now!

In Fan Mingyuan's previous life, due to the dual effects of the Asian financial crisis and the Russian financial crisis, the Russian financial market was in turmoil. By the end of June and early July of 1998, Western credit rating companies lowered the credit rating of the Russian government, major Russian banks, and large industries.

The group’s credit rating!

At that time, the taxes that the Russian government could collect could not meet the needs of the government budget. At the same time, there were still huge domestic and foreign debts that needed to be repaid! Even if all foreign exchange reserves were taken out, these debts could not be repaid! Russia

The government also tried to borrow money from the international market, but no one was willing to take the risk of lending to the Russian government.

And at the same time, international financial speculators headed by Soros are making waves in the Russian stock market and foreign exchange market!

The Russian government was overwhelmed by this series of problems and was in trouble both internally and externally. Finally, it gritted its teeth and stamped its feet and made a rash decision!

It was this decision of the Russian government that caused Russia's currency market to plummet, the stock market to collapse, and the market for government bonds to be suspended on the day the news was announced. This not only caused huge economic losses to Russians, but also caused major losses to international financial speculators.

The losses are said to have exceeded US$40 billion! Quantum Hedge Fund alone lost more than US$2 billion!

This decision also caused Russia's Rupee exchange rate, which had been stable for more than three years, to depreciate from one U.S. dollar to 6.3 rubles to one U.S. dollar to 20 to 21 rubles in just a dozen days.

!

Moreover, this incident also had a huge impact on Russia's financial giants at the time. The banks controlled by these financial giants borrowed foreign debts with lower interest rates from foreign banks on a large scale, exchanged them for rubles, and then invested in high-end Russian assets.

Pay interest on short-term government bonds and make huge profits! However, as the ruble depreciated, government bonds had to switch from high-interest, short-term to low-interest, long-term. Moreover, the government bond market was temporarily closed, which caused the banks, which held huge amounts of Russian short-term bonds, to

lost heavily!

Menatep Private Bank was one of the unlucky ones. At that time, it held Russian national debt equivalent to almost 1.5 billion U.S. dollars, which shrunk by 70 to 80 percent almost instantly. If we think about it again,

Due to the uncertainty of negative factors that may occur during the period when these national debts can be redeemed, this investment can be regarded as a total annihilation!

This loss almost caused Menatep Private Bank to go bankrupt! If it were not for Hordokovsky's multi-faceted efforts. After several efforts, Menatep Private Bank was barely saved, but it was still strong.

Big injury!

Other banks were not so lucky. The once dominant SBS-Agricultural Bank of Russia and International Commercial Bank were temporarily placed under the management of the Central Bank. Several other major banks also had to transfer their commercial accounts to the Sberbank of Russia.

.Nearly half of the commercial banks in Russia collapsed because of this!

Fang Mingyuan relied on his foresight to provide Khordokovsky and Menatep Private Bank with a sweet bait, and at the same time prepared a big pit for them!

Because through these few years of interaction, Fang Mingyuan discovered that Hordokovsky was a very ambitious person and a very greedy person! Although, he acted in full accordance with the agreement he signed with Fang Mingyuan. Every year he should

The bonus given to Fang Mingyuan was not sloppy, but he made Fang Mingyuan feel difficult to approach and even harder to become friends with!

Think about the previous life of Hordokovsky. He could not see the reality because of his arrogance, and repeatedly confronted Putin. In the end, Putin ignored the opposition of the Western world and arrested him and imprisoned him! Yukosky Oil Company also suffered from this.

It fell into the hands of Rosneft, and the An'an Line also lost its strong supporter and became the Anna Line! Although China eventually obtained a share of tens of millions of tons of crude oil per year, it is no longer a company.

Exclusively, but had to share it with Japan and South Korea! Therefore, in order to avoid the situation in the previous life, Fang Mingyuan felt that it was necessary to have greater binding force on Khordokovsky to avoid everything in the previous life.

Repeat it again. Otherwise, it will not only be China that loses, but also oneself!

Of course, Hordokovsky didn't know that the young man in front of him was thinking about how to make himself fall harder in the future and gain better control over himself! He only thought about how such a sum would cost several dollars.

What kind of huge income will the large crude oil purchase contract worth one billion yuan bring to myself, to Yukosky Oil Company, and to Menatep Private Bank!

With that 1.6 billion US dollars, he can even annex one or two small and medium-sized oil companies in Russia! Further expand the oil reserves and oil production of Yukosky Oil Company!

Anyway, with the Fang family as an ally, he doesn’t have to worry about the crude oil produced by his company not being marketable in a short period of time! The purchase order of four billion US dollars is enough to produce four billion U.S. dollars based on the current production capacity of Yukosky Oil Company.

Five years! And after four or five years, Hordokovsky doesn’t think the international crude oil market will be as sluggish as it is now!

Even if the international crude oil market is still in a downturn, doesn't he have Fan Mingyuan, an ally of China? With China's economic development, the need for crude oil will only increase! Fang Mingyuan will really need someone in Russia who can provide him with a steady stream of resources.

Continuously provide crude oil to our allies!

"Of course I'm interested!" Hordokovsky laughed. "With this big order, I think Yukosky Oil Company not only doesn't need to reduce production, but needs to operate at full capacity and produce at full capacity.

!”

"Very good, I think we have found a common ground!" Fang Mingyuan smiled, "Next, let's talk about the oil pipeline. Where is the representative team sent by the Ministry of Energy of China to negotiate with you?"

In the center of Moscow, next to the Moskva River, close to the Monument to Peter the Great, the Cathedral of Christ the Savior, and only a ten-minute drive from the Kremlin, the President Hotel Moscow belongs to the Russian Ministry of Federal Affairs and was built in the 1980s as the Russian Ministry of Foreign Affairs.

Designated hotel.

The Chinese representatives sent by the Ministry of Energy of China to Russia to discuss the construction of the China-Russia oil pipeline with Yukosky Oil Company stayed here!

As the leader of the team, Deputy Minister of Energy Ding Yi has been in a gloomy mood these days just like Russians today. This is already the third year since the two sides signed the "Agreement between China and Russia on Joint Cooperation in the Energy Field".

The negotiations between the two parties have reached the fourth round, but the direction of the oil pipeline has still not been determined! And if the direction of the oil pipeline cannot be determined, then a lot of subsequent work will not be carried out at all!

Domestically, China still attaches great importance to this project. Since the end of 1992, China has transformed from an oil exporting country to an oil importing country. Although so far, China's total annual oil imports account for

The share of total domestic demand is not large, but the growth rate is extremely alarming!

Several major domestic oil fields have gradually entered a period of high water injection in recent years, and their production has been declining. However, in recent years, there have been no large-scale oil field discoveries in China. This has caused domestic oil production to hover around for many years.

However, the domestic demand for crude oil is growing in a triple jump! This is doomed to be that for a long time, if there are no major discoveries in domestic oil field exploration, China will no longer be labeled as an oil importing country.

It can’t go on any longer! And it is very likely that it will become a major oil importing country!

In order to ensure the development of the country's economy, a stable source of crude oil is needed domestically! Currently, China's main crude oil importing countries are Saudi Arabia, Iran and other countries in the Middle East. Although Russian oil is also imported, due to the capacity limitations of the Siberian Railway

, the quantity imported each year is limited!

However, compared with Middle Eastern countries, Russia has advantages that others cannot match!

First of all, this is not the sphere of influence of the United States! Although Russia has been working hard to move closer to the West since independence, it has not been accepted by Western countries led by the United States. Instead, the Americans have been encroaching on Russia's sphere of influence.

! This makes the Russians very angry. The Middle East is the sphere of influence of the United States. Not only are there pro-American Arab countries, but there are also American troops stationed there. If necessary, the United States is fully capable of preventing even a drop of crude oil from the Middle East.

Flow to China by sea!

Secondly, Russia borders China. Unlike buying oil from the Middle East, it has to go through a long sea route, across the Indian Ocean, through the Strait of Malacca, and then through the South China Sea before it can be transported to China. Along the way, there is not only the risk of sea storms, but also the need to face

Threats from hostile countries and pirates! The country has to consider the possibility that if there is a conflict with a certain country, this maritime oil transportation line will be cut off by the other party! And with the current strength of the Chinese Navy

, it is simply impossible to reopen this transportation line!

Thirdly, China's top leaders also hope that through energy cooperation between the two countries, they can further consolidate the diplomatic relations between the two countries and win a relatively stable rear for China to deal with the current aggressiveness of the Americans!

But they have been in Moscow for more than ten days, but they still get nothing! Yukosky Oil Company, so far, still insists that the oil pipeline should go south through Mongolia and directly to the northwest region of China!!~!

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