Resource Tycoon Reborn
Chapter 725 Offshore Oil Fields
Moreover, an oil field with amazing reserves can also attract a large amount of foreign capital, which has a non-negligible role in boosting Brazil's economic development speed. It can also enhance national self-confidence and improve the country's international status... In short,
In short, for any country, the more oil is, the better. Even if it cannot be used by itself, it can still be used for export.
Moreover, as the first government official to come into contact with Fang Mingyuan, Pimenyar himself will also gain astonishing political capital! As for other personal benefits, there is no need to mention them.
"Well, our government can approve... your family's oil company and Petrobras to jointly invest in mining. What do you think of this condition, Mr. Fang?" Minister Pimenyar pondered for a moment and asked.
"How much share can we hold?" Fang Mingyuan said "carelessly".
"It cannot exceed 20 percent." Minister Pimenyar immediately replied. The inability to be self-sufficient in oil and the need to spend a large amount of foreign exchange to import it from abroad were once one of the important factors restricting Brazil's economic development. This happened twice in the last century.
After the outbreak of the oil crisis, the performance became more and more obvious. Brazil, with its weak economic foundation, is naturally unable to rely on strategic reserves and market reserves to ensure the security of oil supply like developed countries in Europe and the United States, so it has no choice but to take advantage of its agricultural resources to develop biomass liquid fuel.
.Only those who have truly experienced the pain of oil shortage will cherish the hard-won crude oil resources more and more.
"Twenty percent?" Fang Mingyuan tilted his head and said with a half-smile, "Minister Pimenyar, are you sure you can only hold up to 20% of the shares?"
Minister Pimenyar felt a chill in his heart. He felt that although Fang Mingyuan's face was smiling, there was a bit of chill underneath that smile. Is 20% of the shares really a lot?
According to the Petroleum Law, a Brazilian law promulgated in 1997, all business activities in the exploration, development, production, wholesale and retail of oil in Brazil are state monopolies.
All foreign companies engaged in the above-mentioned petroleum operating activities in Brazil must form a company headquartered in Brazil in accordance with Brazilian laws. Only after obtaining the consent or approval of a franchise from the relevant departments of the Brazilian government can they engage in the above-mentioned economic activities under the supervision of federal laws.
Activity.
The specific supervision department of Brazil's oil industry is the National Petroleum Administration, which is affiliated to the Ministry of Mines and Energy - it is the formal management department of petroleum. The National Energy Council is the formulation and decision-making body of Brazil's petroleum policy. According to this
According to the provisions of the law, there are currently about thirty foreign companies engaged in exploration, development, production, wholesale and retail in Brazil, including the American Chevron Oil Company, the American Exxon Mobil Oil Company, the British Oil Company
Petroleum companies and many other large international petroleum multinational group companies.
Among these companies, they have jointly established oil exploration, development and production subsidiaries with Brazil.
It can be said that there are many people who hold more than 20% of the shares in the company. Because according to Brazilian law, oil companies must have at least 30% of Brazilian capital!
Minister Pimenyar quickly said: "Mr. Fang, please don't get me wrong. What I mean is that within my personal authority, I can only agree to give you 20% of the shares of your company. No matter how high the shares are, I will agree to it."
, it will have to be discussed again at that time, and I can't guarantee what the final result will be." Fang Mingyuan laughed twice, but said nothing. Minister Pimenyar felt that his vest was a little wet with sweat - he
He only thought about holding more oil field resources in his hands, but ignored such conditions. What would happen if Fang Mingyuan was not satisfied?
Minister Pimenyar has no doubt that Fang Mingyuan has the ability to find others to cooperate with him in the Brazilian government. As for the significance of an oil field with huge reserves to Brazil, he, the deputy minister of the Ministry of Mines and Energy, knows better than most people.
.I also understand better that if this matter were brought before any far-sighted government officials, they would never let go of this rare opportunity to achieve great political achievements.
"So, Minister Pimenyar, how many shares do you think your government can give to Pingchuan Petroleum Group Company at most?" Fang Mingyuan said calmly. Of course, he knew Minister Pimenyar's little thoughts, but he didn't intend to.
Tear your face apart.
Minister Pimenyar thought about it for a long time, and then said: "Mr. Fang, can I ask, are you really sure that there is an oil field with huge reserves in our country?" He didn't understand how Fang Mingyuan was sure of this.
, I have not heard of any new oil companies joining the oil exploration in Brazil recently.
"I'm sure!" Fang Mingyuan replied firmly.
"So is it an onshore oil field, an offshore oil field, a deep-sea oil field, or a shallow-sea oil field?" Minister Pimenyar continued to ask.
"What if it's a deep-sea oil field, what if it's a shallow-sea oil field?" Fang Mingyuan asked rhetorically. Although Fang Mingyuan did not answer directly, Minister Pimenyar already had an idea in his mind that it seemed to be an offshore oil field.
"Mr. Fang, I think you also know very well that the cost of mining deep-sea oil fields is much higher than that of shallow-sea oil fields. And if the cost of mining oil fields is higher than the current crude oil price in the international market, at least at present, it is not
"The value of mining." As the deputy minister of the Ministry of Mines and Energy, Minister Pimenyar knows very well that although Petrobras has developed advanced underwater oil drilling and production technology through continuous research and development over the years,
It is even possible to carry out oil production operations on the seabed with a water depth of more than 2,000 meters. However, this does not change the reality that deep-sea drilling and oil production costs are high and the risks are high!
He had to consider that if this was a deep-sea oil field, its value would be greatly reduced.
Fang Mingyuan waved his hand and said: "Whether the oil field is valuable for development is determined by the price of crude oil in the international market. The price of crude oil in the international market fluctuates.
There is no mining value at present, but it does not mean that there will still be no mining value in three to five years. And by that time, if you start construction again, maybe when you extract oil, the price of crude oil will fall again."
Minister Pimenyar spread his hands helplessly and said: "Although I really want to refute you, but this is indeed the case!" In the international market, how many people can accurately grasp the fluctuations of crude oil prices? Who can imagine it?
, just a few years ago, the price of crude oil in the international market fell below ten dollars per barrel?
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