Resource Tycoon Reborn

ps: ps: Sorry, the upload is a little late

On July 21, the international crude oil market price rose above the US$71 per barrel mark. The futures price of West Texas Light crude oil for August delivery on the New York Mercantile Exchange rose 63 cents per barrel to

US$71.48, a record high. But on July 25, the price of crude oil futures in the New York market experienced the sharpest drop in two months, with the price of a barrel of crude oil falling by more than US$2.

But on July 29, the international crude oil market price exceeded the $72 mark again!

Although in the past two years, the continuous depreciation of the U.S. dollar and the lagging impact of the previous depreciation are second only to demand factors in driving the rise in international oil prices, after entering 2005, due to the decline in remaining production capacity of OPEC member states and

Affected by factors such as high operating rates in the refining industry, concerns about insufficient supply of crude oil and refined oil products have emerged in the international market, which has also caused the international crude oil market price to continue to rise.

On July 28, on the top platform of the office building of Pingchuan Petroleum Group's Donghai Refinery in Nanping City, Haixi Province, China's coastal region, Fang Mingyuan and Pingchuan Petroleum Group President Du Deliwe stood side by side, looking into the distance.

"That's where our second-phase oil reserve is located. It's about 25 kilometers away from our factory. However, since it is an oil reserve located almost 78 meters underground, it is 8♂ from the surface.

You can't see anything on w￠ww." Du Deliwei pointed at the rock mountain behind and said with a smile. Today is the day when Pingchuan Petroleum Group Co., Ltd.'s second-phase oil reserve officially starts storing oil. Therefore, it is not just Pingchuan Petroleum Group.

Most of the company's senior management came here, and even Fang Mingyuan, who rarely appeared here, also came here specially.

Du Deliwei, who was brought out of Fudi Oil Holdings by Fang Mingyuan, never imagined that in the East, in the magical country of China, a foreigner could actually become the helmsman of an oil giant! When he came to China

At that time, the construction of the Donghai Refinery had just begun. After the completion of the first phase of the project, the comprehensive crude oil processing capacity was only a mere three million tons per year. Moreover, all products produced were not allowed to be sold in China and had to be sold overseas.

.

He originally thought that he was in charge of this small factory with a comprehensive crude oil processing capacity of only 3 million tons per year. Unexpectedly, soon after the first phase of the project was completed and put into operation, Fang Mingyuan launched the second phase of the project to comprehensively process the factory's crude oil.

The capacity refers to the annual comprehensive crude oil processing capacity of 7 million tons. The second phase of the project was completed and the third phase of the project was quickly launched, thus increasing the annual comprehensive crude oil processing capacity of the Donghai Refinery to 24 million tons!

During this period, an oil shortage swept across China, and Fang Mingyuan seized the opportunity. From then on, the products of the Donghai Refinery entered the Chinese market. At the same time, the Chinese government also relaxed the ban on private capital entering the oil industry. The Fang family

Pingchuan Petroleum Group Company was established, and the Donghai Refinery and the newly built Qinxi Refinery were brought under its umbrella. Dudliwei naturally became the first president of Pingchuan Petroleum Group Company!

Today's Donghai Refinery has 41 refining and processing units, which can process 40 million tons of crude oil into various refined oil products and chemical products every year. It is the largest refinery in China, covering an area of ​​16 points.

Seven square kilometers. It can produce nearly 10 million tons of gasoline, 13 million tons of diesel, and a large number of other oils every year. Even if we look at all the refineries in the world, it is definitely ranked among the top five. And later

Although the Qinxi Refinery under construction does not have as considerable comprehensive petroleum processing capacity as the Donghai Refinery, its annual comprehensive crude oil processing capacity currently exceeds 20 million tons per year. This can ensure that it ranks first among all refineries in the world.

It can be ranked among the top twenty. However, both the Donghai Refinery and the Qinxi Refinery have always kept a very low profile since their establishment. They do not take the initiative to appear in the media, do not compete with those national oil companies, and keep a low profile.

Make a fortune. Therefore, in China, except for those insiders and insiders, ordinary people really don’t know how amazing the comprehensive crude oil processing capabilities of the two major refineries under Pingchuan Petroleum Group Company are.

If we include the shares owned by Pingchuan Petroleum Group Company in Tenaka Oil Company, Yukoski Petroleum Company, Singapore Petroleum Company and Chevron Petroleum Company, the annual comprehensive crude oil processing capacity of Pingchuan Petroleum Group Company exceeds

80 million tons, and in last year's ranking of the world's top ten oil refineries, Petrobras, which ranked tenth, only had more than 93 million tons. If he hadn't seen it with his own eyes, Dudley would never have believed it.

It took such a short time for a private oil company to grow from scratch to become a world-class large-scale oil refining company! And because of this, he became a well-known figure in the world's oil industry.

Of course, this was due to Dudliwe's good management, but Dudliwe knew very well that Fang Mingyuan, who did not interfere in the company's specific affairs, was the real soul of the company. It was he who single-handedly established the company's main source of oil and made Pingchuan Petroleum

The group company is not worried about not having enough oil for processing. The Chinese market, with its rapid economic development, is like a bottomless pit, swallowing up the huge output of Pingchuan Petroleum Group Company without a trace.

Fang Mingyuan's emphasis on oil reserves far exceeds that of others in China. Long before the start of the third phase of the project, the Donghai Refinery built the first phase of oil reserves, but at that time they were still oil storage tanks. In the end,

The total reserves were only 700,000 cubic meters. Later, after the establishment of Pingchuan Petroleum Group Company, the company immediately looked for a suitable location to build the second phase of the oil reserve.

The second-phase oil reserve of Pingchuan Petroleum Group Company did not continue to use above-ground oil storage tanks, but switched to the current internationally accepted underground oil and gas storage method. Underground oil storage and above-ground oil

Compared with oil reserves, they have many advantages. First of all, if there is a suitable natural environment, such as abandoned oil and gas reservoirs, natural underground salt caves, and underground caves, the construction cost of underground oil reserves is often only that of above-ground oil reserves.

A few times, especially the construction cost of salt cave underground oil reserves is only one-tenth of the construction cost of above-ground oil reserves, which can save a lot of construction funds. The Americans' strategic oil reserves use underground salt

Made of cave construction.

Secondly, compared with above-ground oil reserves, underground oil reserves can save a lot of land resources, protect the surface environment, and are also conducive to management and ensuring safety. They can not only avoid the impact of natural disasters such as violent storms, lightning, landslides, etc.

, even during the war, it is not easy to attack it.

Third, the maintenance cost of underground oil reserves is much lower than that of above-ground oil reserves, which also greatly reduces the storage cost of oil. Moreover, the quality of crude oil stored in underground oil reserves is basically not affected.

The influence of time. What is currently known is an underground oil reserve in France. The oil has been stored in it for more than twenty years, but the quality has basically remained unchanged compared to when it was first poured into it.

In order to find a suitable underground salt cavern or underground rock cave or abandoned oil and gas reservoir to build the underground reserve of Pingchuan Petroleum Group Company, Pingchuan Petroleum Group Company has invested a lot of manpower and material resources in thousands of square kilometers around the Donghai Refinery.

They searched everywhere on the land. It can only be said that Huangtian paid off and actually allowed them to find two suitable underground salt caves.

After repeated screening, the management of Pingchuan Petroleum Group Company finally decided to choose the underground salt cavern not far from the Donghai Refinery, which is located under the rock mountain called Niujiangling by the locals. This underground salt cavern

The oil reserve is connected by pipelines to the port and the East China Sea Refinery, making it easy to transport. Its total reserves reach 6.4 million cubic meters and can store nearly 5 million tons of crude oil. After more than three years,

After nearly four years of construction, the underground oil reserve was officially completed on May 18 this year. After more than two months of repeated inspections, oil was officially injected into the reservoir today.

"If there were no construction problems for this underground oil reserve, I would purchase crude oil as soon as possible and try to fill it up as soon as possible. You would have to worry more about this matter." Fang Mingyuan said casually, sitting on the ground on the roof of the building. Today

It was a cloudy day, so the ground on the roof was not hot, but warm.

"Fang, should we wait and see the trend of oil prices before purchasing crude oil?" Dudliwe hesitated and said.

Just on July 26, the International Energy Agency released a report stating that as the global demand for oil slows down, the supply capacity of oil-producing countries increases, and oil inventories in various countries continue to increase, they believe that international oil prices have declined in the past.

After experiencing the largest surge in decades in two years, it has peaked and is expected to gradually return to normal prices in the third quarter of this year.

After that, some unofficial research institutions also expressed their recognition of the report of the International Energy Agency, claiming that the global demand for oil energy has peaked, especially China's demand for oil will begin to weaken, and the price of crude oil in the international market is very high.

It may fall to US$30/barrel in the second half of 2006!

The well-known international financial services company, Morgan Stanley, even pointed out clearly that the recent surge in crude oil prices in the international market is "probably the last craziness". It is just a period of oil trading before the global economy's demand for crude oil drops.

The crazy speculation of the members.

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