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Chapter 235 Oil Resources

22days ago Urban Novels 5
British Natural Gas Group? Li Zai'an suddenly realized that he certainly could not have known this group company. Not to mention now, even in his previous life, he had some understanding of the world's top 500 oil companies.

Yes, Coria nodded, since you know this group company, have you heard of their recent plans to invest in the offshore waters of Santos?

Oh? Li Zaian shook his head and asked, "What do you care about these things?"

BG Group is going to invest in Brazil, so they naturally won’t invest in the coffee industry. Multinational oil and gas companies like this cannot be interested in the coffee business.

In other words, they came to Brazil to invest in oil exploration and exploitation, and the investment target was somewhere in the southeastern waters of Brazil.

According to Brazil's laws, the British Natural Gas Group is not qualified to directly invest in oil-related industries in Brazil. In other words, if they want to get investment opportunities, they must find a strong, reputable and widely connected partner in Brazil. Coria turned sideways, supported her head with one hand, and two demons stared at Li Zai'an's face with two demons. He said, "On the list of pre-selected partners of BG Group, my Coria family is here."

A few days ago, they sent a representative to discuss cooperation with me. As he said, Coria moved her body, and her white jade-like thigh raised up and put it on Li Zaian's lower abdomen. Just the afternoon before yesterday, they left me a draft of cooperation intentions. I have been considering this for the past two days and I can't make the final decision.

Li Zaian knew that the Brazilian government's policies on the oil and gas industry in the past were basically the same as those in China. They were all monopoly operations of state-owned enterprises. They not only strictly prohibit the entry of foreign funds, but also prohibit the entry of private capital.

On the one hand, the Brazilian Petroleum Corporation is a large state-owned enterprise that monopolizes the oil industry, and on the other hand, it is also a department for formulating Brazil's domestic petroleum policy.

In the past two years, with the deterioration of operating losses of Brazilian oil companies, especially the chaos in the domestic oil industry market order.

Brazil's domestic call for separation of Brazil's oil companies and government and enterprises and allowing private capital to enter oil-related fields is growing

Faced with this situation, coupled with the activities of a large number of policy lobbying companies, the Brasilian House and Senate finally revised relevant regulations in mid-last year and began to allow private capital forces of qualified and corresponding scales to enter this field, but they still maintain an exclusionary attitude towards foreign capital.

In the case of BG, if it wants to invest in the fields of oil exploration, mining and processing in Brazil, it will definitely not be licensed.

To avoid the interference of Brazil's legal policies, they can only choose to cooperate with domestic Brazilian companies that have the strength to invest in this field or corporate groups or enterprises that are in charge of Brazil.

Today, Coria is in charge of the entire family, holding a multi-billion dollar corporate group, which is undoubtedly an ideal partner for BG Group.

Where is the draft cooperation intention? Show it to me. Li Zaian ignored the issue of avoiding suspicion at all, and he said bluntly

You wait, Coria rolled over the bed, jumped out of the bed with barefoots, and took out a document from the small bag thrown on a sofa

The document only has six or seven pages, and it is really a draft. Li Zaian took it and looked at the nonsense on the homepage and quickly turned to the second page.

Unlike the nonsense on the first page, even if the second page of the draft enters the actual investment feasibility analysis issue, in this part of the content, BG company briefly introduced the investment project content, which was also the content of this project that attracted Li Zaian's attention.

The draft document will not explain the details of the project clearly, only some rough situations are mentioned.

According to the document, Petrobras currently divides the southeastern continental shelf of Brazil's territory into 126 blocks. These blocks divided by latitude and longitude will be explored in the next seven to ten years, with the purpose of finding oil or gas fields available for mining.

Since the Brazilian government itself has run out of money, Petrobras, as a state-owned super-large enterprise group, is obviously unable to undertake such a large-scale coastal oil exploration project

What's more, exploration and exploitation of oil on the continental shelf requires corresponding technology, while Petrobras has no technology and ability to conduct exploration operations at a depth of 5,000 meters below sea level.

To this end, Petrobras gradually liberalizes the exploration rights of these blocks to private funds, on the condition that once an oil-rich deep-sea oil field is explored, the explorer will enjoy 20% of the rights and interests of the oil field - remember, it is an equity rather than a profit!

At present, the companies that have officially announced that they have entered the bidding of these blocks are branches of Petrobras, such as Petrobras, Petrobras, and Interbras.

It is certain that these branches themselves have no strength and technology to explore the continental shelf. Their only option is to seek out partners.

The contents involved in this aspect in the draft are very general and do not cover the details, but the division of those blocks reminds Li Zaian of some things in his previous life.

In fact, until 2007, Brazil's oil was always dependent on imports, but with the discovery of a series of oil and gas fields on the continental shelf, especially the discovery of the Tupi oil field in the Santos Basin, this once poor country has become a net oil exporter.

In the following years, several oil-rich oil fields were discovered in this area. The most enviable thing is that although the oil fields in the Santos Basin are all under rock formations, they are all high-quality light crude oil.

Li Zai'an still had some impression in his mind that the Santos Basin was named after the discovery of the Tupi Oilfield. It is located in the southeastern sea of ​​Rio de Janeiro, more than 300 kilometers away from the coastline. The block code is BM-S-11

BM-S-11 !

It is difficult to tell what Li Zaian feels like at this moment. In order to deepen his impression, he repeatedly said the block code name in his mind more than ten times. Although the possibility is not great, he has to make sure that he will not forget the code name because it is really important.

Do you understand what this block code represents?

It represents a high-quality crude oil field with a storage capacity of at least 5 billion barrels

It represents an opportunity to reverse the Brazilian economy

It means you will get rich overnight and pile up mountains of dollar bills at home casually

It represents a kind of power that needs to be supported by wealth but cannot be measured by wealth, etc.

And now this crazy opportunity is placed in front of Li Zaian. He has the hope of holding this amazing power and wealth in his palms

What do you think? Coria stared at Li Zaian's face with her eyes, which was different from what she felt at the beginning. From Pai Fund, she saw more advantages hidden in this man.

Of course, she could also be sure that this man was definitely not an ordinary drug dealer. After all, a drug dealer could not make a hedge fund so popular

Do you think about it and hear my opinion? Li Zaian turned his head, looked at her, hesitated for a moment, and said in a breath

Of course, why would I ask you? Coria said dissatisfiedly, do you think you came here today just to have sex with you?

Well, if you believe me, raise some money as soon as possible. Li Zaian blinked his fingers and said, "I bang the document."

If we follow the normal historical process of the previous life, the discovery of the Santos Basin will be more than ten years later, around 2007, and the discovery of the Tupi Oilfield will be further back

At that time, it was BG Group that owned 20% of the Tupi Oilfield. At that time, the Brazilian government had already liberalized the domestic oil and gas industry and allowed foreign capital to enter this field.

Of course, what people saw at that time was only the huge profits that BG Group had obtained from the Tupi Oilfield, but no one cared about how much BG Group invested before this - more than one hundred continental shelf blocks. BG Group and related investors chose part of the exploration.

Over the past decade, countless investors failed. They lost all their money during the exploration process. Only the strong and mature BG Group persisted to its final success.

Li Zaian undoubtedly supports Coria to expand its tentacles into the oil industry. The key point is that he hopes Coria can obtain the exploration rights of BM-S-11 and its adjacent blocks through bidding.

Since Coria's family industry rarely involves the oil industry, it has no experience, technology and talent reserves in oil exploration, especially continental shelf rock bottom exploration, deep-sea exploration, so it has become inevitable to cooperate with BG Group with strong, technical and qualified multinational companies.

Due to the domestic policy in Brazil, BG Group cannot occupy a majority stake in a joint venture development company. This is an innate advantage that Coria can grasp at present, but on the other hand, this can also be said to be a weakness.

The reason why it is said to be an innate advantage is that once the cooperation relationship with BG Group is determined, Coria will occupy a relatively large proportion of its shares in the joint venture.

The reason why it is said to be weak is that Bg Group has requirements for the scale of the joint venture, and they hope to win the exploration rights of 10-15 blocks at a time. This means that in the bidding process, there will be US$2-3 billion in investment.

After obtaining the exploration rights of 10-15 blocks, BG Group will be responsible for the construction of exploration oil wells. In other words, they invest in technology and equipment, and Coria, as the shareholder of the advantageous shareholding, will inevitably bear most of the capital investment.

Billions of dollars in investment, even in installments, are not a trivial matter for the Coria family. After all, Brazil's economy is in a downturn now, banks have adopted conservative policies, and it is very difficult to raise loans.

If the investment fails, Coria and her family are likely to suffer a heavy blow, or even be discontinued.

That's why Coria is so difficult to decide in the face of this investment project

Li Zaian may be able to give Coria some suggestions to improve her confidence in this investment project, but it is impossible for her to make the final decision. After all, this is not a small investment of 80 million yuan.

To be honest, if he has the financial strength at the moment, Li Zaian would never mind investing directly in this bidding game. Taking the BM-S-11 block will not only mean huge profits, but also the acquisition of equal influence.

As some analysts in the past said, if Brazil's abundant sub-surface oil reserves of marine salt were discovered twenty years ahead of schedule, the lost decade in Brazil's economic development is likely to be completely changed.

Now, although Li Zaian does not have the financial strength to directly intervene in the bidding for the exploration block, and is unlikely to directly lead the exploration of the BM-S-11 block, he can use the help of promoting Coria to intervene in this investment plan to obtain certain benefits

Taking a step back, even if Coria did not accept this investment project in the end, Li No. 1 An would not be able to do anything. On the contrary, he is ready to take action in the near future.

As a monopoly state-owned enterprise in Brazil's domestic oil industry, Petrobras is also a listed company. Due to the inherent factors of the current lack of oil resources in Brazil, coupled with the unsatisfactory profit performance, Petrobras' shares have continued to decline in the past two years, and are now at US$3,874 per share.

In Li Zai'an's memory in his previous life, Petrobras in 2012 was a super giant, known as a South American energy aircraft carrier. With a market value of US$220 billion, it ranked behind ExxonMobil and became the second largest energy group in the world.

The rise of Petrobras was after the discovery of the Santos Basin in 2006. Once the discovery of the Tupi Oilfield was announced, its stock price soared by 1,644% in one day, and its market value soared by US$28.3 billion.

From these memories of past lives, Li Zai'an found an excellent investment opportunity. He plans to focus on purchasing the shares of Petrobras in the future for a period of time. At the same time, he uses all means to promote the exploration and development of the BM-S-11 block.

It can be foreseen that once the Santos Basin, which is rich in salt-rich high-quality oil mines, is discovered, the share price of Petrobras will soar in a booming manner. By then, the shares of Petrobras, which are now considered to be useless, will bring amazing returns to the Pai Fund.

When making this investment plan, Li Zaian also considered one thing, that is, the acquisition of Petrobras shares by Pai Fund may also become a trap, a trap that can lure those guys who are malicious about Pai Fund into it, such as guys like Beth

Bes, I guess this guy is staring at his turbid yellow eyes, and he has enough strength to find the mistakes of Pai Fund?

OK, then give him a seemingly good opportunity - Paul actually made such a stupid decision to acquire junk stocks from Petrobras

If Bes can really withstand the temptation and not take action against Pai Fund, it only means that Coria's warning to him has worked.