In 1988, the price of US$100 million equivalent to more than 5 million barrels of crude oil was still within the affordability of China Petroleum Corporation. Of course, it was not that easy.

Foreign exchange earned by the country on crude oil exports must be used in all aspects, including military, diplomacy, technology, industry and commerce, personal consumption, etc. Foreign exchange is indispensable. In the time when the crude oil crisis has not yet emerged, the upper class hopes that the oil company is a good cow - eating RMB and squeezing out foreign exchange.

In the eyes of many people, it is neither necessary nor extremely wasteful to feed this cow.

Fortunately, Lin Yonggui's unremitting efforts and guarantees made the Petroleum Corporation move. This was what Sucheng expected. Since 1981, the central government has implemented a 100 million tons of crude oil contract for the oil industry: after completing the production task of 100 million tons of crude oil, the Ministry of Petroleum at that time could sell overproduction crude oil at international market prices, leaving the price difference to itself, and use most of it as oil exploration and development funds, and a small part of it as employee benefits and rewards.

Therefore, before the end of the contract policy in 1994, the most important standard within the Ministry of Petroleum or PetroChina was crude oil production.

Shengli Oilfield produces 30 million tons of crude oil annually and Daqing Oilfield produces 40 million yuan of crude oil annually. The output of the two companies accounts for more than 60% of the Petroleum Corporation. As long as Lin Yonggui can unify his thinking within Shengli Oilfield and persist, the Petroleum Corporation will not strongly oppose it.

It is a good thing to get rid of all kinds of concerns and risks.

In mid-February, the Petroleum Corporation finally agreed to the tripartite cooperation, and the head office took the overall situation into consideration and instructed the most active Liu Bingyi to supervise it.

At this time, the date of bidding is less than 10 days before the bidding is announced, and less than 3 months before the bidding ends.

With such an urgent time, the Petroleum Corporation still cannot decide whether to bid. Instead, it must continue to apply for the upward application.

Su Cheng had no choice but to do anything about this bureaucratic behavior, and even Lin Yonggui could not interfere. He could only urge him and wait quietly.

21st.

It was only two days before the bidding, news came from Beijing: Discuss the investment ratio.

Su Cheng finally felt like he was successful and rushed to the Ministry of Energy's office building as soon as possible.

Since the Ministry of Petroleum and the Ministry of Coal reform in 1988, the Ministry of Petroleum and the Ministry of Coal and other energy-related ministries were abolished, and their government functions were transferred to the Ministry of Energy. Xiaopang would have tried every means to enter this new ministries and commissions without being suspended from payroll. However, in the next ministries and commission reform, the Ministry of Energy will be abolished, and it will leave almost no impression when it falls. After all, the central enterprises such as the Oil Corporation and other central enterprises under him are traditional powerful institutions, and they are simply obeying the tutors and not listening to publicity. It is difficult to achieve.

Su Cheng waited for a short time before seeing Lin Yonggui appear, and greeted him with a smile.

Lin Yonggui's face was a little pale, as if he had been staying up late, without showing a happy look. He pulled Su Cheng to the side and whispered: "Please pay attention, things may change."

This is not the first time Su Cheng has heard of an accident. He asked calmly: "The third company is Daqing? Even if it is Daqing, they have to listen to us without shallow sea oil technology."

"Not Daqing." Lin Yonggui said with a mouthful, "The guy with a blue suit and yellow tie on the right is from CNOOC."

Su Cheng's face changed "swish".

If Daqing is a tiger that is rushing to eat, then CNOOC is a pack of wolves. This central enterprise established in 1982 did not show any signs of its presence at this time. Its main task is to introduce foreign capital and jointly develop China's offshore oil.

Compared with China National Petroleum Corporation, CNOOC was very weak at this time, but compared with Shengli Oilfield or Daqing Oilfield, it was the first to be better at the level. Moreover, it has accumulated some technologies for offshore oil construction and offshore oil mining, and can exert a wide influence.

"Isn't this time the head office leading the company? The Ministry of Energy intervened?" Su Cheng did not consider the factors of the Ministry of Energy at all.

Lin Yonggui shook his head and said, "The Planning Commission is worried that we are not strong enough..."

He stopped after a while. The staff members had already called everyone to have a meeting.

Su Cheng let out a sigh and ranked last.

If we talk about the level of officialdom, he can't even compare with other people's secretaries.

CNOOC's blue suit also fell behind, and it can be said to be the second youngest person in the field. He was probably around 35 years old, and his yellow tie was a bit outstanding, almost the brightest color in the office building. When he saw Su Cheng following the team, he looked at him curiously and asked, "You are Su Cheng."

Because he had already walked into the Planning Commission building, Su Cheng only said "um" softly.

"Introduce some, I am Zhang Haochang and from CNOOC."

"Hello." Su Cheng had no choice but to look good at such a guy who was snatching food.

Zhang Haochang didn't care and smiled twice, "I heard that you were pushing the Petroleum Corporation to bid for Middle East Petroleum? It's very eye-catching. Even inside CNOOC, we were very shocked when we heard this news."

"So I'm here to grab the fruit?"

Zhang Haochang was stunned, laughed and changed his face and said, "International oilfield bidding is not as simple as you think. Only when the oil companies in our country are united can they compete with foreign oil companies. That's it, and the actual situation is not optimistic. Your three-party model is basically a child playing house."

Speaking of the last sentence, Zhang Haochang's arrogance also became.

Under this situation, Su Cheng would not show weakness, and snorted, saying, "Returnees in the country really have a different spirit. I have heard that CNOOC is actively promoting the strategy of 'bringing in'. In recent years, dozens of cooperation agreements have been signed and billions of dollars have been introduced? Having sold so many offshore oil resources in our country, how are you doing the research on shallow sea oil technology?"

Zhang Haochang's face turned red.

During this period, China actually did not pay much attention to the resource nature of oil. There are two main points that everyone is concerned about. First, domestic refined oil consumption and export foreign exchange earnings, and secondly, the production of petrochemical products. Due to the strength of the Petroleum Corporation, CNOOC, which is also a central enterprise, had to concentrate its R&D power on petrochemical products, and crude oil production mainly relies on foreign companies.

This is also a traditional resource exchange technology model.

Strategically, this is normal. But for those who are in it, it is indeed embarrassing to fail to develop mining technology over the past few years. It means that the resources have been replaced and the technology has not been obtained.

If it was in front of others, Zhang Haochang could resist a few words. Facing Su Cheng, who had developed shallow sea oil drilling and mining technology, he could not speak.

Privately, Zhang Haochang also thought: If I had given me more than a year, sufficient funds and manpower, I could also create a simple base platform. However, in more than a year, who would have made an offshore oil drilling platform and any technology that would not go into the sea... In this era, the petrochemical plants of Queliang or acrylic fibers make more money than offshore oil technology. However, who would have thought that there was a shallow sea oil field bidding in the Middle East.

Su Cheng passed Zhang Haochang and went forward.

Zhang Haochang stared at his back and thought: The opportunity is only for those who are prepared. However, his ambition is too great. Can he eat foreign oil fields alone?

Everyone sat in the conference hall with their own thoughts.

This time it was a small square table meeting, with leaders from the Ministry of Energy and Planning Commission sitting on one side of the table, and leaders from the Oil Corporation and other companies sitting on the other side.

Su Cheng sat in the front seat without hesitation. He didn't want to be humble at all now.

In front of him, in addition to the leaders of the Ministry of Energy and the Planning Commission, there was another unexpected figure from Su Cheng: Su Zhenguo.

This cheap grandfather was showing a gentle smile to face everyone. His superb skills ensured that everyone thought that this smile was for themselves, just like Sucheng.

"Just yesterday, we received the exact news. We also got the details of the tender documents for the UAE oil fields. We will send them to you now." Minister Guo of the Ministry of Energy stood up and signaled the staff on both sides to distribute copies of the tender documents. At the same time, he said: "The leaders of the Planning Commission are very concerned about us. This is a field of crude oil mining in my country. An attempt to go out. Once successful, it can break the blockade of Western countries and enter the most important area in the world's crude oil mining field, the Middle East oil circle..."

When Sucheng launched the bid, it was indeed a copy of the official document. The content was similar to what he got on that day, and the words and sentences were slightly different. The most important location of the oil field was not written, but the mining period was increased: 35 years.

This is five years longer than a normal oil field contract, which is very rare. Five years, often means billions of dollars, which can be mined until 2025. Sucheng is very confident that at that time, oil at that time had risen to more than $100 per barrel.

Minister Guo was talking about the importance there, while Su Cheng cursed in private and cursed: "There is no courageous official, and he didn't even dare to prepare before he got the bid."

Although the specifications in front of me are beyond imagination, they are not what Su Cheng expected, and I have no sense of identity with Minister Guo's words.

Zhang Haochang blinked at Su Cheng and smiled at the corner of his mouth.

Su Cheng had no expression on his face and didn't want to pay attention to him at all.

Since it is a conversation, there is no red tape to speak.

Minister Guo just pretended to ask a few questions and said: "About the issue of the UAE oilfield bidding, the Planning Commission and the Ministry of Energy have had an in-depth understanding of China National Petroleum Corporation, CNOOC and Sinopec, and have now reached a conclusion."

Su Cheng sat upright.

Zhang Haochang blinked at Su Cheng again, it was obvious that they had done their work and knew the inside story.

Su Cheng was in a bad mood, but he was still considering it carefully. He had previously considered the situation if the three-party model could not be realized...

When he thought about it, he paid very little attention to the people around him. Until someone else pushed him.

Minister Guo said loudly: "The final decision will be jointly invested by China National Petroleum Corporation, China National Offshore Oil Corporation, China National Petroleum Corporation, and... Dahua Industrial will jointly invest to bid for the UAE oil field. The specific share ratio is 35%, China National Offshore Oil Corporation 30%, China National Petroleum Corporation 30%, and Dahua Industrial 5%.

"5%?" Su Cheng stood up suddenly.

"Please sit down." Minister Guo obviously expected it and said expressionlessly: "We hesitated for a long time to give Dahua Industrial a 5% stake. It is also because the agreement between Dahua Industrial and China National Petroleum Corporation does not include the patent use rights of CNOOC and Sinopec. Therefore, these 5% of the shares include patent transfer fees, so Dahua Industrial does not need to actually contribute capital."

"So, what about the amount of funds paid by the other three companies?"

"China Petroleum Corporation is $35 million, CNOOC is $30 million, and Sinopec is $30 million."

"China Petroleum Corporation once signed a 50% patent transfer agreement with Japan Ito Commercial, which is 28 million US dollars. But now, your valuation of my patent is only 5 million." Su Cheng tried to be calm, but that resentment still reached the sky.

Zhang Haochang looked at Sucheng with interest. They also did a lot of work in order to get a 30% ratio. It is not an exaggeration to say that it is Wenshan and Jiuhai. He also wanted to know how Sucheng fought...

In fact, in Zhang Haochang's eyes, the 5% ratio is not much. Saving 5 million US dollars in investment is only one aspect. Once the fuel is successfully produced, the return will definitely exceed 10 million. Dahua Industrial is Sucheng alone, so Zhang Haochang only regards Sucheng's resistance as a bargaining trick.

Minister Guo was the same. After roughly explaining that 5 million was the original share, he said: "This is something that has been decided."

Su Cheng took a deep breath. He did so much work, and he was definitely not just looking for a return of tens of millions of dollars.

At this time, Liu Bing and Lin Yonggui couldn't help. At their level, they could only obey Minister Guo's orders.

Su Cheng hesitated for a moment, exhaled a breath of turbid air, and said, "I'll quit."

"Hmm?" Minister Guo turned the cup gently.

Su Cheng said with a squint: "According to the agreement, China National Petroleum Corporation can use various patents free of charge, but CNOOC and Sinopec cannot. Moreover, CNOOC only has the right to use the patent and does not have ownership rights. I refuse to sell the patents. Therefore, I withdraw from this bid."

With a senior leader present, Minister Guo was not angry and said, "You can do it without selling patent rights. Oilfield mining will be carried out by the drilling and mining team under the jurisdiction of PetroChina. This 5% stake..."

A simple sentence resolved Sucheng's patent threat. Although it was not very consistent with the regulations, it was more than enough on such occasions.

Zhang Haochang looked around and said first: "Give us 5% to us. CNOOC is willing to bear the $5 million."

Sinopec sent an old leader, and said, "We Sinopec can also..."

"Since the mining task is under the responsibility of PetroChina, of course, this 5% stake should be left to our Petroleum Corporation."

The three parties quarreled for a few times, but there was no result.

Minister Guo looked at Su Cheng with a smile and said, "Su Cheng, it's not good to give up halfway. Your Dahua Industrial withdraws from the bidding, only the disadvantages, no benefits. Do you want to think about it again?"

Lin Yonggui signaled Su Cheng with his eyes and asked him to admit his mistake.

Su Cheng turned his face and said, "Minister Guo, if you don't object, Dahua Industrial will participate in the bidding alone."

"Um?"

"Dahua Industrial gave up its 5% ratio and went to the UAE to bid alone."

Zhang Haochang listened to Su Cheng's words and smiled. Just when he was about to laugh, he suddenly realized that no one was laughing.
To be continued...