Rebirth of the Official Business Route

Rebirth of the official road business

Chapter 1017

The east coast has a long and winding coastline. But the situation in East China is flat. alluvial plain. The coastal waters are all mud-filled shoals and shallow waters.

Generally speaking, there is no Shenzhen and Hong Kong without mountains. The deep-water seaport resources in East China are extremely scarce. Wenzhou City in Eastern Zhejiang is also located in the uplift section of the Eastern Zhejiang Terrace. Only in the excellent deep-water port resources.

Although there is no suitable deep-water channel along the coast of Xinting. But in the south of Xinting, there is a platform that slides into the trough. On and off. Form offshore islands. The island is submerged under the sea. It is the appearance of steep mountains. In addition, a special tidal channel is formed near the mouth of Xiehai. The deep-water channel resources of Xinting are even better than Wenzhou. Novel chapters are updated the fastest

Boat deep-water ports can be built along the coast. Xinting's deep-water port must be built on an island several kilometers offshore. On the one hand, it is necessary to build a channel between the island and 6. On the other hand, the island's port development is extremely limited. A large-scale reclamation project is required to obtain the development.

The construction cost of the 6-way channel on the island is high. But no matter how expensive it is, there is a limit. 1.8 billion invested in a sea-crossing bridge is already worth it. But even more expensive is the reclamation project. Fiction novel chapters are updated the fastest

ninety-nine years. There are different standards for the price of domestic workers. But each in order to attract investment. All offer very favorable policies. The actual transfer price for industrial use is below 100,000 per mu. They are all around 30,000 to 50,000 yuan. However, the relatively low cost of tidal flat reclamation in reclamation projects also costs more than 150,000 yuan per mu.

The Jikai District of Dongshan Port will enclose 400 square kilometers of tidal flats for industrial storage. The total investment in this part alone is close to 100 billion yuan. Such a high cost. It is also the fundamental reason why Dongshan Port has been planning for more than ten years but has not been able to make up its mind to build it.

With the development of the domestic economy. foreign trade. In particular, the dependence on foreign energy and industrial raw materials is increasing day by day. Most of the ocean shipping is transported by giant ships with a class of more than 100,000 tons. The advantages of deep-water seaport resources are gradually highlighted, and the port construction project of Dongshan Island gradually has the advantage of marginal benefits.

Tens of millions of tons of steel production base. The first phase of the marine project is only four square kilometers. The huge investment of more than one billion yuan has to be exchanged for other parties. Think about paying two to three billion yuan to the local government. Even if it is quite polite. However, compared with the advantages provided by the deep-water seaport obtained after the completion, it provides an advantage in raw material transportation costs. At this time, more than one billion construction costs were paid. It's nothing at all.

Such a simple and clear cost comparison is also applicable to large-scale refining and chemical enterprises.

※※※※※※※※※※※※※※※※※※※※※※※※※※※※※※

The deep-water ports in East China are limited.

Coming from this area, importing crude oil is extremely dependent on limited water and seaport resources, which are naturally the focus of competition for petrochemical giants. Who can complete the industry in these ports ahead of schedule. There are natural advantages to the market in this area.

Zhougang is the site of Zhongshi. Sinopec has already built an 8-million-ton refining base in Wenzhou, which also gives Sinopec a strong advantage in the East China market. Neither CNPC nor CNOOC can be squeezed in. Zhedong Wenzhou's newly added Xintingdong= is the focus of changes in the East China oil market. The East China region is the most important region for domestic oil consumption.

When Zhang Ke was considering promoting the Dongshan Island Port Construction Project. There has never been any concern about not being able to attract investment in heavy refining and refining projects. During the planning of Dongshan Port Economic Zone. The iron and steel shipbuilding refining is planned as the pillar industry of Dongshan Port.

In 1998, the import volume of crude oil reached 40 million tons. As domestic crude oil extraction is becoming more and more stable. It is difficult to improve in a short period of time. In the future, almost every new oil demand in the market will rely on imports—experts at home and abroad predict that China's total annual oil imports will reach 1.8 billion tons by 2000. It is predicted that the price of crude oil will stabilize between 22 yuan and 24 yuan per dollar in the future, but we know that it will actually reach the end of 2007. Domestically imported oil is forced to 2 tons. The peak of the international crude oil price will approach the limit of 10 US dollars per ton.

If it is said that the state has opened up the opening of oil refining and crude oil imports to private capital. Of course, Zhang Ke will not hesitate to direct and rush into the fields of crude oil import refining and refined oil sales. But he knows very well that the central government's policy in the field of basic energy will ultimately only allow the three state-owned aircraft carriers of PetroChina, Petrochemical, and CNOOC to plunder huge profits in the domestic refined oil market.

Of course. Since CNOOC has long been an upstream enterprise engaged in oil and gas exploitation in the field of oil refining and refined oil sales, as well as other petrochemical raw materials refining and sales. PetroChina Sinopec has a natural disadvantage. But it doesn't mean. CNOOC does not want to break out under the pressure of PetroChina and Chemical. on the other hand. PetroChina and Sinopec do not want to have another strong competitor in the domestic market.

Although these three enterprises are all enterprises directly under the central government. Although the market competition among them is subject to direct administrative intervention by the central government. But each has its own interests. Fight openly and secretly. The means are not lacking compared to the mere deceit you usually see in the market.

Since Sinopec has formed an industrial layout in Wenzhou. There is no particular reason. Additional investment in the East China region. Not outside Wenzhou. At this time, PetroChina was busy with the industrial layout in Northeast China and other regions. There is no time to take care of Xinting. In fact, it leaves an excellent gap for CNOOC to enter the crude oil refining and refined oil sales market

Ninety-eight ninety-nine. PetroChina, Sinopec, and CNOOC are all in the stage of industrial monopoly. It has not yet plundered enough windfall profits from the domestic oil market to thrive. For the future, the annual profit will be more than 100 billion yuan. PetroChina's annual profit in 1998 was only over 10 billion. For a long time, CNOOC, which has only been engaged in the pure upstream business of oil and gas exploration, has even lower annual profits.

The investment in heavy refining and chemical projects is more than 10 billion yuan. The investment scale is small. It cannot reflect the cost advantage of deep-water seaports plus ocean shipping. But projects worth more than 10 billion yuan. For CNOOC at this time. Still a bit bulky.

Although it is not worried that Dongshan Port will not attract investment in refining and chemical projects after it is completed. But a project of this magnitude dragged on. It is not uncommon for seven or eight years to be delayed.

now. Expectations of economic recovery in Jiangnan poetry focus on Xinting. The sooner the new pavilion will form economies of scale. The more it can bring other economic growth. Not only Jiangnan Province's economic recovery and growth hopes are mainly pinned on Dongshan Port. As the province in charge of Dongshan Port construction and production

Whether Tang Xueqian can gain a firm foothold in Jiangnan. It also depends on Hong Kong's rapid development to a considerable extent. Even for the sake of personal achievements. Zhang also wanted to help Tang Xue to start some large-scale projects in Xinting as soon as possible, and of course he didn't want the refinery project in Dongshan Port to be delayed for seven or eight years. After seven or eight years of delay, the dishes will be cold.

Instead, Zhang suggested that Jiangnan Province should make full use of the conflicts between central enterprises to facilitate something. It is not only necessary to promote CNOOC to build a refining and chemical base in Xinting. It can also be more daring. Break the unified arrangement of the central government for the integration of petrochemical upstream industries. CNOOC came to implement the integration of Jinshan Petroleum—although in the Central Unification Department, Jin=Petroleum should be accepted by Sinopec. But Sinopec is so negligent to Jiangnan Province and Sinopec has already built a refining base in Wenzhou City. Let Sinopec accept Jinshan Petroleum. It will delay the development of the South China refinery and chemical industry. Fundamentally, it is not in line with Fang's interests in Jiangnan Province to cooperate with Sinopec.

Of course. Doing so will offend Sinopec. But Sinopec is so negligent to Fang Jiangnan. Fang from Jiangnan Province had to give them a good look. That's really cheap - win over CNOOC is the thing to do right now.

Zhang Ke and Tang Xueqian discussed in the book for a long time. Discuss where it is easier to start. It is really necessary for CNOOC to see the possibility of integrating Jinshanshi. Naturally they stand up.

It has not been half a year since Dongshan Island was established as a port. The completion of the first phase of the project will take two years, but Xinting Port has risen rapidly. Become a pole in the overall economic situation of Jiangnan Province. is imperative.

In addition to the 400 square kilometers of tidal flats within the red line of Dongshan Port Industrial Planning. Nearly 100 square miles of industrial land was added to the new pavilion. The engineering cost of tidal flat reclamation is extremely high, but the cost of demolition and leveling directly into the soil is extremely low. Dongshan Port only needs to attract investment with deep-water seaport resources and the preferential policies given by the state to the port industrial zone. It does not need to learn from other areas to lower the price of industry to attract investment, as long as the transfer price of all land can be equal to the cost of reclamation. The tens of billions of income obtained by the pavilion from the transfer of industrial land can compensate the investment in infrastructure in the port industrial zone to the greatest extent and relieve the financial pressure of the province and city. For provinces, cities and port industry governments. The key is to introduce some core high-quality industrial projects.

※※※※※※※※※※※※※※※※※※※※※※※※※※※※※※

The advantage of the Jiangnan provincial eye is that the provincial party committee team has a high degree of consensus on economic development. The division of labor and responsibilities is also very clear. Xu

Ping has the determination to break the boat. The province does not play checks and balances. Who should go to prison and who should go to jail. Neither is ambiguous. Withstand maximum pressure. The economic pressure of the provincial government has been greatly reduced. The speed of decision-making. It is also rare in other places.

Zhang Ke accompanied Tang Jing to play in Jinshan for three days. After sending Jing to the plane to Hong Kong. I accompanied Tang Xueqian to Xinting. Participate in the activities of CNOOC and Shangang Industrial Zone on investing in the construction of Donghai oil production support base and storage base.

At this time, CNOOC is only making plans for production support and warehousing. There is still a long way to go before the real decision-making, investment and construction. When Xueqian arrived in Xinting, he hoped to facilitate this matter first.

This project seems to be very common in China. The total investment is only more than one billion yuan. Compared with Dongshan Port's 20 billion infrastructure investment. Compared with projects based on the steel industry with tens of millions of tons. Not at all striking. It is even far inferior to the investment of the Yangpu shipbuilding industry base. The domestic media also deliberately downplayed the report on this matter, but the Japanese domestic media hyped it up. Trying to put pressure on China through various channels to prevent CNOOC from launching this project.

CNOOC plans to build a production support base in Shanshan mainly to serve the large-scale exploitation of oil and gas resources in the boundary sea area of ​​the East China Sea.

China has been conducting oil and gas exploration in the East China Sea since 1974. There are many oil fields. Ninety-five years. Hongxing Company's test drilling in the East China Sea boundary sea area successfully produced oil. Since China's offshore oil and gas resources are monopolized by CNOOC. The construction of offshore oil wells in this area was transferred to CNOOC. This will also be the largest offshore oil field invested by China in the East China Sea.

The demarcation oil and gas field is only ten kilometers away from the East China Sea boundary between the two countries unilaterally delineated by Japan. The Japanese side believes that a considerable part of the entire oil and gas field is in the Japanese sea. However, CNOOC's production point is the basin floor (sag belt) of the entire oil and gas field. Once CNOOC is exploiting oil and gas. The Japanese side is worried that the oil and gas resources in their territory will flow beyond the demarcation line through ore veins. on the other hand. Japan's exploration of oil and gas resources in the East China Sea has just begun. Unable to compete with China for the submarine oil and gas resources in this area, we can only hope to exert pressure to disrupt China's deployment of oil and gas exploration in the East China Sea.

Although it is said that the demarcation of oil and gas fields is carried out in China's offshore continent, which is completely undisputed with Japan. But some central ministries

Members still consider diplomacy with Japan. The attitude is ambiguous and sometimes supports CNOOC's launch of this project. He hesitated again.

As the direct input of oil and gas resources in the demarcation sea area. Of course, Fang from the Jiangnan provinces in the East China Sea hoped that the central government would take a tougher attitude. Promote the entire project as soon as possible. And in the exploitation of offshore oil and gas resources in the East China Sea, the development of this oil and gas field should be given priority.

Zhang Ke accompanied Tang Xueqian to the back. Ye Jianbin also rushed to Xinting from Beijing, but the news he brought back from Beijing was not pleasant.

Japan's attitude towards demarcation oil and gas fields has changed. It is proposed that Mitsui Petroleum Exploration Co., Ltd. will jointly invest and participate in the development of Chunxiao oil and gas sources. The income from oil and gas resources will be distributed according to the investment ratio. Ye Jianbin won't let up in front of Tang Xueqian either. Sit down and talk together. Only Meng Xueqing still maintained a cautious posture.

Everything has something to do with Mitsui. Zhang Ke spit out a foul language. Oil and gas exploration in undisputed sea areas. Is it necessary to be so scrupulous about Japan's attitude? asked Ye Jianbin again. What is the attitude of those officials in the central ministries and commissions?

The bosses are all silent. On the contrary, officials in charge of the Energy Bureau within the Planning Commission and Exhibition Committee have clearly supported this proposal. Ye Jianbin was also annoyed when he heard the news. This time also calmed down. The officials who expressed disdain for supporting the proposal wanted to try to keep the issue out of politics as much as possible. It is said that the cost of offshore crude oil extraction is slightly higher than the international crude oil price. At present, the international crude oil price is still falling continuously. itself

There are so many interests involved. Attracting Mitsui's investment is not a benefit. Only the introduction of foreign capital into the domestic oil and gas exploration field can also share the investment pressure of CNOOC.

It's bullshit that the crude oil exploration field can be opened to capital. Then should it be opened to private capital? Kumho can spend three to five dollars to invest in the demarcation oil and gas field. I don't know what these officials are? Zhang Ke sneered helplessly.

The construction scale of the first phase of the boundary oil and gas field is also limited. Three to five billion US dollars can already account for nearly half of the proportion. Although offshore crude oil extraction costs are high. However, it is mainly supplied to refineries in the south of the East China Sea. There is an advantage in transportation. You can also get a meager profit. Now the meager profits are second. Domestic dependence on crude oil imports is increasing. Even if only China's economic development is considered, it can steadily promote the rise of international crude oil prices.

Oh. They are still in the name of technical cooperation. Ye Jianbin said.

Even if we want to carry out technical cooperation with foreign companies. Oil companies in countries such as the United Kingdom and the United States have stronger technologies in the field of offshore oil and gas exploration. It is not Mitsui's turn to get involved—Mitsui really wants to do so in the name of technical cooperation. That can be done. Invite them to invest in offshore oil and gas exploration equipment projects in Xinting.

Don't expect Japan to be so stupid. Ye Bin said with a smile.

Of course they are so stupid. Zhang Ke shook his head helplessly and smiled. The domestic offshore gas extraction equipment industry has developed. It will only further promote domestic exploitation of oil and gas resources in the East China Sea. He also imagined that the Dongshan Port Industrial Zone should attract offshore oil and gas exploration equipment projects. Dongshan Port has formed a complete industrial chain of offshore oil and gas exploration service support equipment to support crude oil refining.

Tang Xueqian said: We still need to get in touch with CNOOC. It depends on CNOOC's attitude. After all, CNOOC is directly involved. CNOOC can resolutely resist. Others are better to stand up and speak out. PetroChina, Sinopec and CNOOC are all ministerial enterprises. actual positioning. slightly lower than the provincial level. But it is higher than the deputy ministerial level. The Energy Bureau of the Planning and Exhibition Committee is only at the director level. The director of the planning and exhibition committee in charge is only at the ministerial level. Now that the issue is being discussed outside of politics. CNOOC can completely negate the meaning within the planning and exhibition committee.

Can you talk to Liu Chengwei about this issue tomorrow?

Jianbin frowned and asked.

Liu Chengwei is the deputy secretary of the party group of Zhonghai. The student support base project is only in the early stage of negotiation with Xinting. It is planned that CNOOC does not require senior executives of his level to participate. But Jiangnan Province suddenly paid special attention to this project. Executive Vice Governor Tang Xueqian personally came to Xinting to promote the project. CNOOC will not neglect there either.

There is also a concubine meaning in it. CNOOC's positive attitude can be seen that CNOOC still has some expectations for the gap in entering the refined oil market from Jiangnan Province.

It's just that tomorrow's meeting is a bit formal. He is not familiar with Liu Wei either. It is also inappropriate to talk about this issue hastily. Tang Xueqian frowned. It seems that we have to find another way.

Let's talk. Zhang knocked on the arm of the chair. suddenly decided.

How? Ye Jian turned his head and asked Zhang Ke.

Kumho has no business relationship with CNOOC. Ask Liu Chengwei to prevent Mitsui from participating in the development of the demarcation oil and gas field on behalf of Japan. It's too much. Although Ye Jianbin also had the urge to take things over. Kumho impulsively participated. It will only spoil the situation. It is also harmful to Kumho but not beneficial.

Let's not talk about this first. Zhang Ke smiled. Said. “Let’s talk about CNOOC’s listing in Hong Kong first—there is too much domestic private capital entering the oil industry. These restrictions are unlikely to be lifted in the past ten years. Kumho will not directly get involved in these fields. But PetroChina, Sinopec, and CNOOC are actively It is also feasible for Kumho to indirectly enter the domestic oil industry in the form of overseas capital investment.”

That's the way. CNOOC's listing plan in Hong Kong seems to be a bit lacking in investment enthusiasm. Ye Jianbin nodded. asked again. But are you assured of these central enterprises?

Not to mention the future development of the oil industry. CNOOC has long been cooperating with international companies in the field of offshore oil exploration. In terms of management, it has the highest level of nationalism. Don't talk about profitability. The quality of assets is quite good. Zhang said. Furthermore, let's get involved. Even if it's overseas capital investment-state-owned enterprises listed overseas. It is much more disciplined than domestic listing. Kumho not only personally participates in the stock sale of CNOOC's Hong Kong stock market. It also helps them in Southeast Asia. In this way, we can find more capital cooperation. We also have enough reasons to support CNOOC to enter the refined oil market through the platform of Dongshan Port.”

Zhang probably remembers that in July 1999, CNOOC's attempt to list on the Hong Kong stock market suffered serious setbacks. CNOOC, which was determined to be listed on the Hong Kong Stock Exchange, was almost wiped out with a stick. This will further affect the layout of CNOOC in the oil industry chain at home and abroad. It was already May at this time. I believe that CNOOC's top executives have already sensed the crisis from the Hong Kong capital market. Kumho stretched out his hand. It should not be rejected.

Although it is said to have come out of the shadow of the Asian meltdown at the moment. But expectations of economic contraction are still strong. The wave of new technology is desperately surging. But life in traditional industries is not easy. The biggest factor for CNOOC's listing. In 1999, the crude oil market was oversupplied. Crude oil prices continued to decline. The cost of offshore oil extraction is high. CNOOC's business field is very narrow. Once the price of crude oil breaks into offshore mining. CNOOC is only at a loss. Other means that can make up for losses are temporarily sufficient-in addition. Investors are also worried that CNOOC's offshore oil franchise will be encroached upon by PetroChina and Sinopec.

Regardless of the extent to which CNOOC's offshore oil monopoly will be encroached on by PetroChina and Sinopec. As long as CNOOC has complete market access authority in China. It is enough for Kumho to participate in CNOOC's overseas listing with a high profile. In fact. After giants such as CNOOC, PetroChina and Sinopec were listed overseas. The points for overseas investment are also very, very generous and generous. Generosity and generosity have reached the point where domestic small and medium-sized investors hate it.