Sha Zhengyang has also discussed with Mark and Qian Xuan many times on this issue, believing that the Kazakh government's main purpose of selling Akjiubin Petroleum Company is several.

First, the management of Akjiubin Petroleum Company is chaotic, and the production has been over the peak period and the output is gradually decreasing. To stabilize the production capacity, one needs to work hard on the management of operations and management, and on the other hand, it needs to increase investment in capital, which is exactly what the Kazakh government is unacceptable.

Second, the crude oil of Akjiubin Petroleum Company is mainly exported to the Orsk Refinery in Orenburg Prefecture, Russia. However, Russia's economy is seriously sluggish and crude oil prices are falling. Even so, the Orsk Refinery often defaults on oil payments. Although it can be sold at high prices when transported to Aktao and then transported to Europe, the capacity and cost of railway transportation limit the export of crude oil, so this has become a concern for the Kazakh government.

Third, Kazakhstan has extremely rich crude oil and natural gas resources. In contrast, Akjiubin has passed its peak production period and has little potential. They hope to obtain funds for exploration and development of the Caspian coast in order to gain greater gains.

Although the Kazakh government is eager to sell Akjiubin Oil Company, it does not mean that they have no other ideas.

The introduction of non-Occupy Petroleum companies is an important measure to balance European and American oil capital that already dominates Kazakhstan. This is also a major advantage for Chinese oil companies, but this does not mean that Chinese oil companies are restless.

The experience of European and American oil giants such as Texagu and Amoko are far stronger than that of Chinese oil companies in terms of strength and experience, and they have already made arrangements in Kazakhstan. The Kazakh government cannot be too inclined toward Chinese oil companies when the strength and conditions of the two sides are too different. If Changhe Oil wants to make up for this gap, it will still have another way.

After Sha Zhengyang introduced this situation to You Wangang and Zhong Guangbiao, You Wangang and Zhong Guangbiao also realized that this problem was difficult to solve.

The strength of Amoco and Texagu is definitely much stronger than Changhe Oil, and their experience and relationships are not comparable to Changhe Oil. Even if JP Morgan is added, it can only be said that the gap between the two sides has been narrowed, but they still cannot win firmly.

In addition, CNPC has not yet given up completely. If it comes to the critical moment, it may cause a lot of trouble to Changhe Petroleum. Of course, this trouble comes from the internal situation.

"Zhengyang, since you have raised all these questions, you must have a countermeasure, right?" Zhong Guangbiao knew that Sha Zhengyang's temperament must have some countermeasures and ideas, but he also felt that this question was too difficult to solve, and he didn't know how Sha Zhengyang broke the situation.

"There are some ideas, but they all think it is not a complete solution. The involvement is too wide, and it may even involve other project acquisitions. I'm afraid that it is not something that our Changhe Petroleum family can do. It not only needs the financing support of JP Morgan, but also needs the support of the central government." Sha Zhengyang pondered.

Sha Zhengyang did not say the specific content. You Wangang and Zhong Guangbiao both realized that the content that might be involved was more sensitive, so they all nodded with thought.

"In addition to the difficulty of acquisition, if our acquisition is successful, how can we solve the normal operation, that is, how to deal with the digestion problem of crude oil produced? I remember you mentioned that the Olsk refinery and Akzubin are now facing conflicts due to economic situation problems. If crude oil is transported out, it is also a problem in transportation costs?"

You Wangang is also a veteran in the oil industry. Of course, he understands how much the transportation problem has to restrict the oil industry. If this problem is not solved, the operating efficiency of an oil company will have a great impact. If Akjiubin Oil Company's crude oil can only be sold to the Orsk refinery, then with Russia's current economic situation, its benefits will definitely be greatly reduced.

If a successful acquisition becomes a burden and drag, it is not what Changhe Energy Group is willing to see. If it is solved through railway transportation, can it achieve the effect?

"In addition to the Orsk refinery, Akjiubin's crude oil can also be transported to Akjiubin by sea to Europe, and the price is also considerable. However, the freight from Kenkiyak to Akjiubin is too expensive, and the railway capacity is limited. This problem needs to be considered and solved, which involves pipeline construction issues." Sha Zhengyang still revealed a little.

Yuwankang decisively waved his hand to stop the topic.

This topic is a bit complicated when it comes to it, and it even involves the national energy security strategy and some central government policy trends this year.

The contact with Kazakhstan is still in a secret stage and has not been officially disclosed to the public. Many things are still in the initial contact stage, otherwise Europe and the United States will definitely react.

Even Russia, which is now unable to do so, may not hope to see China make great strides into Central Asia, a region that originally belonged to its sphere of influence.

The brief report meeting ended.

All that remains is a higher level of consultation.

Only You, Zhong and Sha were left.

"Zhengyang, you can say it now. I think you think a lot, and you have a little hesitation in your words. Is it a big deal?" You Wangang said with a smile: "Before, Guangbiao and I reported to the two main leaders, their attitude is very clear. As long as it is conducive to the development and growth of the enterprise and the country, no matter how difficult it is, they can both come forward, so don't worry."

"Well, it's a bit too much." Sha Zhengyang nodded solemnly, "My concerns are two aspects. One is external, mainly the attitude of the Kazakh government and the competition between Texago and Amoko and us. In this regard, it is basically based on the ideas and attitude of the Kazakh government. Akjiubin Oil Company sells 60% of its shares. According to JP Morgan's calculations, the bid price is about 280 to 330 million US dollars, and of course some other conditions may be attached."

You Wangang and Zhong Guangbiao both changed their colors slightly. Although they were a little prepared, they still scary after they calculated that this was a transaction of more than 2 billion yuan.

"But I and JP Morgan have calculated it, but it is not stable, and I think if we can win more shares, we can get more crude oil shares. This is what we need most, but the Kazakh government is unwilling to sell more shares, so this is a bit troublesome."

Sha Zhengyang gently stroked his cheeks and said, "JP Morgan revealed a message to us that the shareholders of the Orsk refinery in Russia are also interested in transferring the Orsk refinery. The main reason is that the cooperation with Akjiubin is not going well. In addition, Russia's economic situation is getting worse and worse, and the ruble depreciates very much. They hope to get hard currency."

"What do you mean is that we can take the Orsk refinery?" You Wangang frowned, "What is the meaning of taking it? Form an upstream and downstream industrial chain? The refined refined oil continues to be sold in Russia? Didn't you say that Russia's economic situation is very bad? I'm afraid the price of refined oil is also difficult to satisfy, right?"

"No, my idea is that we can buy the Orsk refinery, and at the same time, we can exchange some of the refinery shares for more shares in Akjiubin Oil Company and another Ujin oil field." Sha Zhengyang finally revealed his thoughts.

"Wujin Oilfield? Is it the project of JP Morgan and CNPC cooperation? Didn't it fail?" Zhong Guangbiao was also puzzled, "I remember you said that the Kazakh government had only broken down after a year of talks with CNPC and was unwilling to hand over this project to CNPC. This is also the main reason why CNPC lacks confidence in the project of Akjiubin Oil Company."

"It is true that the conditions of the Ujin oil field are better, but it has also passed the peak production period. Coupled with the chaos in the early stage of mining, the output of the Ujin oil field has greatly reduced. However, we obtained some information from PetroChina. It is expected that if the Ujin oil field is repaired, the annual production capacity can be increased to a peak of 8 million tons of crude oil per year, which is quite considerable. However, Kazakhstan is unwilling to hand over this project to Chinese oil and gas companies. Oil and gas companies in European and American countries either look down on the high cost, or are suspicious of the Kazakhstan government and find it difficult to intervene, so this is actually a very considerable feast."

8 million tons of crude oil? You Wangang and Zhong Guangbiao were all shocked.

You should know that when Changhe Oil's production capacity peaked in 1994, it was only 2.6 million tons of crude oil, while 95 and 96 could only maintain between 2.4 million tons and 2.5 million tons in two years. Therefore, when it was learned that Akjiubin Oil Company could maintain a stable output of 3 million tons, the provincial party committee and government had actually made up their minds to win this project.

Especially when the Qindu Refinery and Wuyang Refinery are now vacant, obtaining a more stable oil source has become an urgent task.

If the Ujin Oilfield can be obtained by Changhe Oil, even if half of the oil can be transported back to China every year, it will be an extraordinary event and will be a powerful guarantee and supplement to the national energy security strategy. It can be said that it will gain a double harvest of economic and political security interests, and the latter's weight is probably even heavier in the minds of the senior central officials.

You Wangang said in a deep voice: "Zhengyang, did this production data of Wujin Oilfield come from PetroChina? How did you get it?"

Sha Zhengyang smiled and said lightly: "Secretary of You, the Beijing Office still has some channels and has always had contacts with CNPC. Although we are in a lawsuit between Han and Sichuan, we can still get along well in Yanjing. After all, that is the matter below."
Chapter completed!