Volume 6, Section 12, a big game
In the next few days, Sha Zhengyang began to do his best and prepare for the next step of negotiations according to his own ideas.
The collection and analysis of the data were handed over to Han Dewen, Mo Xiaoqin and Su Yan.
Changhe Petroleum is a large state-owned enterprise in China second only to Sinopec. It still has the original basic intelligence collection capability. Whether it is the Ministry of Geology and Minerals or Sinopec, they still have some connections and can collect some relevant information.
At Sha Zhengyang's request, Qian Xuan also submitted some more detailed information to Changhe Energy Group for analysis and research after reporting to her supervisor.
But this is far from enough.
Sha Zhengyang knew that if he wanted to achieve a substantial breakthrough, he had to go to JP Morgan.
In fact, JP Morgan also realized this. Changhe Energy Group is a more suitable partner than PetroChina. Both parties have more common interests and are easier to complement each other.
They also knew that if Changhe Energy could not obtain more accurate relevant information, it would be impossible to make this decision, but they were worried that their cards would be too bright. If Changhe Energy Group broke the contract, they would be in vain, and the penalty for liquidated contract would be too weak.
This requires further negotiation and consultation between the two parties in order to communicate with each other at a deeper level and achieve the goal of mutual trust.
This also requires a process.
"Old Wang, do you say you have some acquaintances at CNPC?" When Sha Zhengyang learned the news, he immediately called Wang Chungang over without hesitation.
"Mr. Sha is a familiar person, but this level of familiarity is not enough to be honest, because there were several meetings and trainings, and we were all together. After a while, everyone was familiar with each other, and I also helped each other a little."
Wang Chungang was still cautious in his words and did not dare to take over the big deal. He knew that such a thing was extraordinary. He really wanted to talk to him, but in the end there was no result. I am afraid he would not be able to pay the vote.
"So I don't think there is much problem with general matters, but when it comes to deep-seated things, I guess the other party may not dare to do anything randomly."
Sha Zhengyang knew what Wang Chungang meant and shook his head: "Old Wang, you're thinking too much. After all, we and PetroChina are state-owned enterprises. How could we do something illegal? It's very simple. Please let him help us understand what CNPC's attitude towards this project in Kazakhstan. As far as we know, they were not interested in the early stage, but it is said that there are some changes within them recently. We need to grasp the changes in their attitude towards the Akjiubin PetroChina project so that we can work in the next step."
Wang Chungang was still a little hesitant, "Mr. Sha, I can talk to the other party about what you said, but I guess he may not be able to get into too deep things, and I cannot pick some topics too clearly with the other party. I am worried that it will arouse the other party's suspicion. Will that affect us?"
"Well, I understand your concerns. You have been in contact with each other for a long time. I guess they already know that we are interested in the project of Akjiubin Oil Company in Kaskstan, so you can talk about this and see the other party's reaction. I believe you can grasp the degree of this, how to say it, what method to take, and consider it yourself."
Sha Zhengyang knew that this task would definitely put a lot of pressure on the other party. After all, it almost tasted like a commercial spy, but Sha Zhengyang felt that it was not.
What we need to know is only one of China National Petroleum’s attitude towards this project, and does not involve specific things, because we need to promote negotiations with JP Morgan based on CNPC’s attitude. After the agreement is signed with JP Morgan, CNPC’s attitude is no longer important.
Wang Chungang couldn't help but smile bitterly.
He really wanted to show off in front of this Mr. Sha, but he didn't expect that the opportunity given to him was such a difficult problem.
Let’s not talk about how much the other party knows about this information. Even if the other party understands it, how to draw the words out of the other party’s mouth is a big problem, and you cannot expose your intentions, otherwise it may also have a counterproductive effect.
Seeing Wang Chungang pondering silently, Sha Zhengyang also knew that the question he had asked was indeed a bit difficult, and it was particularly difficult to grasp the degree.
"Lao Wang, I will give you a suggestion, first eat and drink, and then start talking about the topic of state-owned enterprise reform. You talk about the dilemma of Changhe Energy Group, and then introduce it to the topic of reform and reform of CNPC, and then slowly lead to the strategy of CNPC going overseas from the question of how to solve the dilemma, such as their acquisition of Peru oil fields, their current development in Sudan, and finally to Kazakhstan, the unsuccessful cooperation with JP Morgan, I guess I will be more natural and will not arouse his suspicion..."
Sha Zhengyang's suggestion made Wang Chungang feel slightly moved. He thought about it: "I can also talk about our difficulties, and I also hope to learn the strategy of PetroChina to go overseas. In this way..."
"Yes, you can bring the topic to this side. You are the director of the Beijing Office, not the director of the group office. He will not be too suspicious. Moreover, he will also feel that he has said a rough attitude and does not involve specific strategies, so he will not care too much. Of course, when you talk about our difficulties, he may show off or feel the same way. How to dig out, you will have mastered it yourself..."
Wang Chungang finally agreed, and Sha Zhengyang breathed a sigh of relief.
In fact, he also knew that this was not the key and would not play a decisive role. If CNPC really decided to participate in this project, that is, it would only make more concessions in the cooperation between Changhe Energy and JP Morgan. What Sha Zhengyang needs to grasp is the change in CNPC's attitude on this project, and it would be better to delay it. This may give Changhe Energy Group greater confidence.
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"Old Guo, I really didn't expect you to stay in the Orsk Refinery. How long have you been?"
Sha Zhengyang was overjoyed when he learned the news, which was simply an unexpected surprise.
"It's about half a year." Guo Zhimin smiled and said, "In fact, this is an exchange learning exchange. After 1989, Sino-Soviet relations thawed. Our Wuyang oil refinery was originally established with the help of Soviet experts. Many of them were from the Orsk Refinery, a large oil refinery established before World War II,..."
"..., so at that time, the central government agreed to deepen the relationship between the two countries through technical cooperation between the two sides. We contacted the Orsk Refinery. We sent a group of experts and technicians to the Orsk Refinery for learning and exchange. We stayed there for nearly eight months and made some friends. At the same time, in the second half of 1990, a group of experts and technicians also came to the Orsk Refinery for technical exchange and learning respectively. They stayed until the Soviet Union began to experience a crisis in 1991 and left and returned to China...."
"Then do you still have any contact with the Olsk Refinery now?" Sha Zhengyang was more concerned about this.
"I had a contact last year. It was one of their deputy factory directors. Well, Yuri, I still translated the reply from a Russian-speaking technician in the factory. He talked about the situation in the factory being very bad. Kazakhstan is independent and the crude oil from Kazakhstan is intermittent. The main reason is that the Orsk refinery cannot afford the oil price, and Kazakhstan wants to obtain hard currency rather than accept rubles. But where does the US dollar come from for the Orsk refinery?"
Guo Zhimin didn't know why this Mr. Sha was so interested in the Orsk refinery. Does it mean that the group company is planning to go to Russia to acquire an oil refinery?
Although the Orsk refinery is large in scale, its equipment is aging, there are many workers, heavy debts, and it is already very difficult to operate. This can be seen from Yuri's letter.
"He also talked about Russia's privatization and issuing a large number of stocks and bonds. Now the Olsk refinery has been privatized. Those people have acquired the stocks and bonds distributed to employees by the state and then turned into shareholders. The nature of the enterprise has changed, but the enterprise still changes its soup and does not change its medicine. The debt is still heavy, and the workers still cannot get their wages. It has been a few times."
Guo Zhimin's words were also intentionally reminded Sha Zhengyang not to be tempted. This Olsk Refinery is not a small enterprise. It has a large scale and many problems. It is also a hot potato when you get it.
Sha Zhengyang didn't care. It was precisely because of the difficulties of this company that the shareholders of the company now had the idea of transferring the company. If they really were in good condition, how could such a company that had the upper limit in Orenburg State be transferred?
Former Soviet enterprises like Russia have little value if they are light industrial enterprises, but heavy chemical industries like this are mainly caused by rigid mechanisms and excessive debt. Of course, this has a lot to do with the collapse of Russia's own national economy, and it is still very valuable in itself.
It only takes a few years to survive. With the rise of oil prices and the improvement of Russia's economic order, this is a very excellent asset.
But at that time, there would be no chance for you. Even if you get this company, with the style of Russia's country and nation, you will have to vomit it sooner or later.
So Sha Zhengyang never expected to swallow such a huge enterprise in one bite. What he needed to do was to take over the company within a certain period of time and share it with his "allies" in exchange for greater benefits.
"Old Guo, who else has any contact with the Olsk Refinery besides you?" Sha Zhengyang took a deep breath and needed to start as soon as possible without further ado.
Chapter completed!