We're building a super chaebol in Hong Kong

#115 - My crude oil purchase was exposed to the whole world

With the signing completed, the representatives from various countries didn't linger and boarded the earliest flights back to their respective nations.

Upon returning home, they naturally didn't keep the news to themselves, immediately contacting their country's largest media outlets to break the story.

After all, these were achievements to boast about.

Energy-producing nations rely on selling energy, and selling crude oil enriches their national treasuries.

Su Cheng hadn't stipulated any special confidentiality clauses in the contracts, only restricting the disclosure of prices, but not limiting the quantity purchased.

Because he knew that keeping the purchase volume secret was pointless.

He would eventually need to sell this crude oil.

Letting everyone know that he had stockpiled so much crude oil was practically free advertising, so why keep it a secret!

Soon, the trade representatives of these countries appeared on their local major television news programs.

Kuwait National Television: "Our country has successfully sold a single transaction of 14 million barrels of crude oil, the buyer being the mysterious Hong Kong tycoon, Su Cheng."

Abu Dhabi Television, UAE: "A buyer from Hong Kong has reached a deal with our country for 15 million barrels of crude oil."

Globo TV, Brazil: "From Hong Kong on the other side of the world, a mysterious tycoon has partnered with our country's largest state-owned oil producer to purchase 28 million barrels of crude oil. The contract has been successfully signed."

… …

As the reports from various national television stations aired, newspaper media also took notice of these news stories.

Each of these contracts was enough to leave them in awe.

For example, Kuwait's total crude oil production last year was only 718 million barrels. That was an entire year's production, and this single deal was for 14 million barrels. Although Kuwait has a small land area, it is an undeniable major oil producer.

Brunei's crude oil production last year was only 50 million barrels, and this transaction directly amounted to 8 million barrels, roughly equivalent to two months of their national production.

The reason Su Cheng's news was so prominent, besides the large purchase volume, was primarily due to his personal identity.

Because some countries' crude oil purchases would be even larger.

Su Cheng certainly couldn't compare to the purchase volume of a major country, but this transaction was not a country as the buyer, but an individual.

Tianwen Oil Company was also a company that had been established for less than a month.

A relatively unknown tycoon purchasing crude oil in large quantities. Such news would naturally arouse the curiosity and attention of many media outlets.

Soon, the internationally renowned British media outlet, the BBC, tallied Su Cheng's total purchases.

14 million barrels of crude oil ordered from Kuwait; 15 million barrels of crude oil ordered from the UAE; 32 million barrels of crude oil ordered from Iraq; 34 million barrels of crude oil ordered from Maple Leaf Country; 8 million barrels of crude oil ordered from Brunei; 13 million barrels of crude oil ordered from Oman; 26 million barrels of crude oil ordered from the UK; 28 million barrels of crude oil ordered from Brazil; totaling 170 million barrels of crude oil!

Once this number came out, it quickly spread throughout the world's mainstream media.

What is the concept of 170 million barrels of crude oil?

In 1978, crude oil prices stabilized at around $12.5 - $13 per barrel.

That is to say, Su Cheng, a businessman with little international fame, had actually ordered crude oil worth over $2.1 billion this time.

The total amount of this transaction was absolutely shocking to the world, even in Europe and America, there were very few such huge investments.

To determine the truth, Reuters, The New York Times, The Wall Street Journal, CNN, The Times, BCC and other media outlets called the trade departments of these 8 countries.

After receiving very affirmative answers, various media outlets sent reporters to Hong Kong.

Compared to the previous reports on the acquisition of Hutchison Whampoa and the groundbreaking ceremony of the Hong Kong oil base, this was even more shocking.

After all, acquiring Hutchison Whampoa was just acquiring a Hong Kong company, and the impact was not enough to shock the world.

As for the Hong Kong oil base, there was no actual monetary investment, everything was just hype, and it would pass after some speculation.

But this time was completely different, real money was being invested, nearly 10 billion Hong Kong dollars.

They had received news from the trade departments of various countries that Tianwen Oil Company had already paid 30% of the total purchase amount.

Although the specific amount was unknown, it should not be too different from the international crude oil price.

Thus, representatives of powerful international media outlets flew to Hong Kong from Dongying, South Korea, Europe, America, Australia and other places.

They hoped to dig out the specific information of Su Cheng, this suddenly emerging super-rich, and why he wanted to buy so much crude oil.

The news naturally reached the Hong Kong Governor's Office, and Murray MacLehose directly called Su Cheng.

"Mr. Su, are you saying that the investment of tens of billions to build Hong Kong's oil industry chain refers to buying crude oil?" MacLehose asked very directly on the phone.

He even thought that he had been cheated.

Buying crude oil to hoard, what kind of investment in the oil industry chain is that?

Zhang Qizheng called, saying that many media outlets were staying at the Tianyuan Building and refused to leave, just to interview Su Cheng, the crude oil buyer.

Even the police couldn't do anything about it. Among these reporters, there were reporters from the world's most awesome media outlets such as the BBC, CNN, and The Times who had come from their headquarters. Even the Hong Kong Governor's Office didn't dare to provoke them casually, let alone these policemen.

"Boss, you should come out for a while, otherwise these people will really stay here and refuse to leave, seriously affecting our normal office work," Zhang Qizheng said helplessly on the phone.

"Okay, I'll go over and say a few words to them," Su Cheng said with a helpless smile.

It seems that buying crude oil has caused too much of a stir. If he doesn't show up, they won't give up.

Seeking recommendation tickets, seeking monthly tickets~

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