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Postscript (25)

"It's time to call you Minister Wan Gang?" Zhong Guangbiao walked up quickly with a loud smile, holding You Wan Gang's hand tightly.

"Stop doing this for me." You Wangang's words were filled with joy, "I haven't left yet."

The two of them greeted each other while walking, smiling happily.

"You CNOOC is amazing. BP has been suppressed by you. Are they ready to retreat?" You Wangang said as he walked: "Your Uniko has digested it and swallowed Nixon again. Why are you not satisfied and you still have to attack BG?"

"Minister Wan Gang, you are wrong. The market economy is fair competition. If BP can offer better conditions, I think BG's shareholders will definitely make wise choices. But the reality is that the aftermath of BP in the Gulf of Mexico has not yet disappeared. They have too much appetite, but they are not strong enough. Moreover, Brazil also has doubts about their performance. You know that BG and Petrobras are the most core partners. They need to find a partner with more strength, brand effect and market potential. I think our CNOOC should be the most suitable one."

Zhong Guangbiao accompanied You Wangang forward, but he was not polite at all in his words.

He knew that Sinopec had also intended to participate at one time, but CNOOC did not accept it. CNOOC did not want to share such a large piece of fat meat. Even if it was a good personal relationship, even if it belonged to the same system, business was business, and everyone had to take into account their own interests. At least on the surface, everyone was a listed company and they were responsible to listed shareholders and shareholders.

BP and CNOOC bidding for BG should be the most influential thing in the global oil and gas industry mergers and acquisitions in 2015.

BG is a British energy giant and mainly has a leading position in the global natural gas field. In particular, LNG and Brazilian offshore oil exploration and development have great advantages. It has close cooperation with Petrobras. It is also one of the leading companies in the global liquefied natural gas supply.

But since January 2014, the company's stock price has plummeted due to the impact of falling oil prices and corruption cases of Petrobras, and has fallen by 30% so far. At the beginning, many analysts expected record losses in the 2015 annual report.

BP began to plot to acquire BG after seeing the difficulties faced by BG.

It should be said that BP's strategic vision is still very accurate, and it has seen the future oil and gas prices, especially the natural gas market, which will have a long period of prosperity, especially the huge market demand in East Asia.

Although China's natural gas market has shown a slowdown in growth, in the long run, in order to promote the energy conservation and emission reduction strategy, China will inevitably increase efforts to promote the reduction of coal-fired power ratio and promote the clean energy strategy. Especially the smog weather in northern China has made the Chinese central government deeply feel the huge pressure from the environment, so this strategy will be irreversible.

It is precisely because of this that BP is preparing to bet on the future East Asian natural gas market.

However, BP itself is also facing huge pressure now. BP performed well in 2014, but its performance declined rapidly after entering 2015, and it suffered huge losses in the first quarter. After entering the second quarter, the loss increased rapidly. It is expected that by the end of the third quarter, the loss may exceed US$7 billion. This greatly hit BG, which was originally expected to be good and tends to support BP mergers and acquisitions. Moody's even directly warned BP, saying that if BP cannot improve its operating conditions, it will downgrade its rating, which directly increased BG shareholders' concerns about BP.

At this time, CNOOC appeared, and it almost appeared and won the favor of BG with lightning speed. This made BP extremely angry, but it was difficult to reverse the trend.

"Guangbiao, it seems that you are full of confidence, but as far as I know, BG's situation is not good, and judging from the current industry market situation, it is not optimistic." You Wangang frowned.

Although this is a consideration made by CNOOC based on its own interests, he still wants to remind the other party that CNOOC has taken too much in recent years. He always thought that Sinopec's pace has been very strong after he took the helm of Sinopec. However, he did not expect that CNOOC's actions would be even more powerful, and it launched overseas mergers and acquisitions one after another, and the intensity was greater than that of each other.

You Wangang is about to step down as a post at Sinopec and serve in the Ministry of Industry and Information Technology. Whether in public or private, he should remind the other party that the changes in the international market and moderate radicalism have their advantages, but they also need to seize opportunities, and opportunities are often the most difficult to grasp.

"Minister Wan Gang, we have also done a careful and meticulous analysis of this issue within CNOOC. In addition, when Zhengyang came to Beijing for a meeting last year, I also communicated with him and hoped that he would give me some suggestions." Zhong Guangbiao said frankly: "At that time, I was still a little uneasy, the market was declining, the central policy was still unclear, and we are still digesting the impact of the merger of Nixon. However, Zhengyang strongly supported our idea and believed that without further delay, there might be fewer opportunities in the future. Moreover, he believed that China's economy would not experience major ups and downs, and maintaining medium-speed growth would be a long-term trend, and the country's strategy for environmental protection will only increase and increase, the clean energy strategy will increasingly dominate, and the demand for natural gas will become larger and larger, so this deal is worth it."

"Oh? Zhengyang also supports your merger plan?" You Wangang raised his eyebrows.

He knew that Sha Zhengyang has always been a steadfast supporter of the strategy of going global. He also exchanged opinions with Sha Zhengyang on this issue, but he felt that Sha Zhengyang's attitude on this strategy was too radical, as if he was in a hurry. He wanted to get stuck at a certain node and wanted to promote a series of strategic mergers and acquisitions. However, judging from the current international situation, it seems that he would not have mentioned the situation of political intervention, public opinion intervention and administrative power intervention in European and American countries, which also puzzled him.

"Well, he talked with me twice. Before the agreement was signed, I talked with him again. He also mentioned some risk control issues, mainly involving the possible impact of future changes in the international situation. I think he has a strong sense of crisis, and even affected me." Zhong Guangbiao smiled, "But over the years, his judgment and prediction have almost never deviated. Well, Minister Wan Gang, you are about to take a more important position. I think you can talk to him again. He is now performing better and more maturely in his new position. I think sometimes it feels like he is seeing the sun when talking."

You Wangang pondered for a moment and nodded, "I have this plan too. The speed of progress this kid has made in recent years is surprising. Well, to describe it in that sentence, it is hard to match it? Haha, but he is also worthy of his performance. His performance in Shenchuan is very stable and has many innovations, which is just right. Now in Qilu, his performance is different from in Shenchuan, and he is even more drastic and exciting. I am also going to take some time to take a look."

"That's great. You will definitely feel really different. It's different from any stage or time before. It's a bit inappropriate to describe it as Wu Xia Amon." Zhong Guangbiao said with a smile.

"Well, I'm looking forward to it too. By the way, you should be clear about your affairs, right?" You Wangang asked, "When will it move?"

"Well, the organization meant that it was more appropriate to wait for me to handle the BG acquisition matters. It would take about a month." Zhong Guangbiao shook his head, his expression was very complicated. "I thought I would continue to work at CNOOC, but I didn't expect the organization to ask me to return to the local area. This is a new challenge for me. I don't know much about the situation in Xihai Province,..."

"Guangbiao, this is the organization's trust in you. I also believe that you can use your strengths more favorably in Xihai...." You Wangang patted Zhong Guangbiao's shoulder with emotion. "How many times can you get in life? You always have to do a challenging career to live up to your life. Look at Zhengyang, I think we should turn pressure into motivation more, let's encourage each other!"
Chapter completed!
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