Chapter 2079 Can't Agree?
Seeing that Xiao Qi remained silent, Cherosenko asked again: "Mr. Xiao, it is said that you are very accurate on the pulse of oil. I wonder if you have any opinion on the future oil price?"
"At least until March next year, oil will still fluctuate at a low level." Xiao Qi said: "But I estimate that after August, the price of oil should be able to stand above 60 US dollars. After all, in this world, suffering from the subprime mortgage crisis and In countries that have not suffered from the subprime mortgage crisis, the total demand for oil has not changed much, and after being suppressed for more than half a year, it should still return to the normal price range.”
This time, Xiao Qi spoke to Cherosenko very honestly. Although there were some ambushes, for example, the price in August should be around 80 US dollars, but overall there was nothing wrong.
The reason is very simple. The Russians are not Xiaoqi’s opponents for betting on oil, but they will be one of the largest sources of imported oil for our country for a long time to come.
For such partners, you dare not say that you will help them wholeheartedly, but at least you can't deceive them.
The vast majority of Russians are relatively stupid, but the Russian overlord in the next twenty years will definitely be a tough and smart person.
It is better to sell a little bit to Russia, which is good for both the country and Xiao Qi himself.
Cherosenko was really taken aback.
He didn't expect Xiao Qi to speak in such detail, he thought Xiao Qi would make a fool of himself.
Seeing Xiao Qi's seriousness, Cherosenko began to seriously think about what Xiao Qi said, and guess whether it was true.
Each oil company in Russia has its own analysis department, plus the Russian government department, everyone has gathered for a meeting.
Everyone knows that it is similar to that in Europe and the United States. Basically, this turmoil will last for at least a year, and oil prices will continue to bottom out in 2009, and will not recover until 2010 at the earliest.
It is precisely because of the mainstream judgment in Europe and the United States that those financial institutions are unwilling to give loans to Russian oil companies. At this time, if the Russian oil companies cannot sustain the bankruptcy of the loans at this time, it will be in vain.
But Xiao Qi's words. But it was different from what they thought.
And from a rational point of view, what Xiao Qi said was very logical. As if it were real.
If someone else said that, Cherosenko would definitely dismiss it. Are you better than hundreds of experts?
But Xiao Qi in front of him is definitely a genius.
This is especially the case in the oil field.
The two big bets with Wall Street investment banks, as well as the estimation of oil prices at the beginning of this year, all won without exception.
Meet such a genius who can win three consecutive victories against hundreds of experts by himself. Cherosenko felt that even if he did not believe what he said, it was necessary to present his inferences above.
However, thinking of what Xiao Qi said, at least until March next year, it will continue to fluctuate at a low level, and Cherosenko feels depressed for a while.
Even the interest they are paying back to Xiao Qi now depends on bank loans.
But Russian banks are not rich in the first place, and the monthly interest of hundreds of millions of dollars is enough for them. Not to mention the principal and interest of 20 billion US dollars, it is absolutely impossible for the bank to give this money!
The problem is it's still over a month away. You have to pay it back, if you don't pay it back. It would be a huge disaster for Russia's oil industry to let Xiao Qi use this money to make waves.
In fact, the most important thing about his visit this time was Xiao Qi's loan issue.
Rosneft and Lukoil are currently discussing the extension of the remaining loans in other countries. When they encountered a loan from this country in China, they sent him to Cherosenko.
Yes.
These three oil companies have borrowed a lot of money.
Not only the funds borrowed for production expansion last time, but also the funds they borrowed for development over the years, suddenly all because of this financial crisis. Pressed by almost all creditors.
"It's not easy for everyone. After all, you are an oil company. If you have money, why don't you pay us back?"
In this case, the chairman of them can hear a lot every day.
The problem is that the landlords have no surplus food, let alone oil producers who have been pitted by oil prices.
For this reason, the Russian government has nothing to do.
Their government is already poor and needs resources such as oil and natural gas to deliver nutrition. Without these, the government itself will be in trouble, so where will the money come to support them?
So that powerful president... oh, now it's time to be the boss of the powerful government, and he said a long paragraph of words to them, which boiled down to four words - self-reliance!
Ok.
Therefore, this time Cherosenko came to China, really because of the huge debt of 20 billion U.S. dollars.
Of course he has no money, but he has oil, and most importantly, Xiao Qi has a contract in his hand, Xiao Qi has the right to buy 50 billion US dollars of oil at the oil price of any day before December 31, 2008.
If Xiao Qi can fulfill this contract, not only will he not have to repay the 20 billion US dollars, but he can get 30 billion US dollars back.
As for the cheap oil?
please!
Isn't it the cheapest now?
Didn't you see that the large amount of oil futures trading in the world has been seriously stagnated?
Wouldn't it be even worse if we waited to sell it for $30 or $20?
Selling it now, the price is about 40 US dollars, which is barely acceptable!
Financial institutions and physical institutions must prepare enough money to cope with the capital chain during the financial crisis. If it breaks, no matter how big or powerful your company is, it will be broken immediately and become history.
Sell it now and hold 30 billion US dollars, whether it is to pay off the debt or support the most difficult period, it is much better than thinking about raising money when things come to an end.
But now there is a key point, the contract signed by Xiao Qi and the three major oil companies is mandatory for the three major oil companies, but there is no restriction on Xiao Qi.
In other words, Xiao Qi can buy 50 billion US dollars of oil, but he can also not buy it.
Cherosenko felt that it was necessary for him to persuade Xiao Qi to buy.
The top executives of the other two major oil companies didn't think that Xiao Qi was so stupid. Seeing the price of oil leak to the bottom, they still wanted to buy it, and it cost as much as 50 billion U.S. dollars.
So it was none other than Cherosenko who came.
Turn away from your thoughts. Cherosenko showed a smile on his face, "Mr. Xiao, didn't we make a contract before? Now the price of oil is almost less than one-third of the peak. I don't know if you have bought oil now." Demand? We in Surgut are very capable and can fully meet all the needs of customers.”
"I don't want to buy it." Xiao Qi said with a smile, "Although the US$50 billion contract is a pity, I think the price still has room to drop. Let's wait until January and February next year."
"Director Xiao, I wonder if you can lend us some more money?" Cherosenko turned to talk about another matter. "Now we are in a difficult situation! As long as you are willing to lend us the loan, you can negotiate any terms! Including 30% annual interest, we can agree!"
Xiao Qi laughed again, "I'm not a loan shark, President Cherosenko. What's more, what you want is definitely not a small sum. What I'm thinking now is to wait until January next year, and you will spend 20 billion US dollars Return the money to me, and I can just buy the bottom."
Cherosenko directly grimaced, "Mr. Xiao, there is no room for maneuver? We are very sincere!"
"President Cherosenko, think about it, the problem is not this time." Xiao Qi said seriously: "It is not the first time that you have been tricked by the United States. You have been tricked by those financial speculators. The collapse of the Soviet Union Time. Your national wealth was snatched up by the European and American financial circles. The current oil is just another repeat!
Even if I help you this time, what about the next time? I'm sure, if you offend the United States, just like Afghanistan and Iraq, then the United States will directly use economic means to make you submit! The plunge in oil prices is one of them! At that time, you still have such good luck, can you find me to borrow money? Would I still be willing to lend you money at that time? "
Cherosenko's face was cloudy and uncertain, but he often sighed.
"I understand! Chairman Xiao. It's a pleasure meeting you!" After saying that, Cherosenko stood up. He held out his hand again.
Xiao Qi was stunned, this Russian is too difficult to turn around, right? I really haven’t read Three Kingdoms, don’t you know that after pointing out your dangerous situation, there will always be a life-saving idea waiting behind?
While thinking about it, Xiao Qi smiled and motioned him to sit down, "President Cherosenko, I haven't finished my words...you are willing to leave like this, and you don't want to listen. Is there any way I can help you? "
Cherosenko was shocked, opened his mouth wide, and said urgently, "Please teach me, Mr. Xiao!"
That's right!
Xiao Qi laughed, "It's actually very simple. Your vision is too low. You only think about buying oil and borrowing money from these companies, why didn't you think of doing business with the country?"
"Doing business with the country?" Cherosenko was not an idiot, and immediately reacted, "You mean doing business with Huaguo?"
"Of course!" Xiao Qi said: "Hua Guo will be the world's largest oil consumer in the future, and if you sell oil to Hua Guo and form a long-term price mechanism, it will be enough to offset the losses caused by the rise and fall of oil. Is it good?"
Cherosenko smiled wryly, "But Director Xiao, I have already approached PetroChina, Sinopec, and other oil companies in Huaguo before, and they have no tendency to buy oil at all!"
"Haven't you understood?" Xiao Qi said, "I'm talking about the country!"
"But, aren't these companies buying and selling the oil in your country?" Cherosenko asked directly.
Xiao Qi also replied straightforwardly: "You communicate with the country, give them a condition that they have to buy oil, and let the country directly order them to buy it, isn't that all right?"
"What conditions?" Cherosenko thought about it and couldn't figure out what conditions he could offer.
"Have you heard of the 'Anda Line'?" Xiao Qi smiled like a fox, and said slowly. (to be continued ~^~)
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