People in Hong Kong create super chaebols

Chapter 320: Emergency, international oil prices skyrocketed

News of the receipt of funds reached Su City. Without saying a word, Su City directly issued an order to transfer all the US$7344 million to the account of Tianyuan Investment Company.

The exchange rate between the US dollar and the Hong Kong dollar is now almost 1:4.8.

Therefore, the US$7344 million, converted into Hong Kong dollars, is about HK$3.5 million.

This amount of money can allow Zhang Qizheng to continue to secretly acquire shares of Hong Kong Electric Group with confidence.

Hong Kong Electric Group, Sioux City is bound to win.

Now, the auction price of land in the city center of Xiangjiang is already very expensive. If we follow the normal process to buy the land in the city center, the price will be too high.

Hong Kong Electric Group owns many pieces of land in the city center.

Directly controlling the Hong Kong Electric Group indirectly controls the land in the city center of the Hong Kong Electric Group.

Some organizations have previously assessed that the land value of HK Electric Group has already far exceeded the stock market value of HK Electric Group.

Therefore, controlling the Hong Kong Electric Group is a business that only makes money but does not lose money.

Su Cheng called Zhang Qizheng and told Zhang Qizheng about the incident.

Zhang Qizheng was naturally very happy after hearing this. Yesterday, all the funds in Tianyuan Investment Company's account had been used up.

The previous HK$[-] million was very unspent for the shares of Hong Kong Electric Group. Today, the funds have arrived again, just in time to replace them.

After the Japanese returned, they each reported the matter to their superiors.

They were also very anxious about not being able to reach an agreement.

After all, the current situation in Japan is very bad.

Many factories have been forced to stop work.

In this era, Japanese products were very good, and the products they produced were very popular when shipped to Europe, America and other places.

Therefore, Japan during this period was also very developed.

However, many companies now have to face the situation of breaking the contract because they simply cannot produce the products under the contract.

Although it was just a lack of oil, a serious chemical reaction occurred.

These bosses also face huge liquidated damages.

Therefore, Japan is in great need of oil.

Many businessmen have united and hope that domestic oil companies will return oil supply to normal as soon as possible, even if the price is high.

However, judging from the current situation, it is a bit difficult to restore normal supply. After all, these oil companies are too confident.

In Japan, the heads of several major petrochemical companies held an emergency meeting to discuss how to deal with this situation.

The final result is that we can only compromise with Tianwen Oil Company.

After all, they have no choice.

So, the news spread to the person in charge of Xiangjiang again, asking them to quickly contact Li Yihui and sign the sales contract as soon as possible so that they could find an oil tanker to pull the ship.

However, when I called Tianwen Oil Company, the person there replied: "Mr. Li has already got off work. If you need anything, please see him tomorrow!"

Because it was already past six o'clock in the evening.

Today, Tianwen Oil Company, except for the small refinery on Lamma Island and the Singapore Refinery, the entire Tuen Mun oil base is still under installation and construction, and he has nothing to deal with.

As for the Brunei oil field, he went there last week and has already made arrangements. There is already a person in charge there. If anything happens, he will be contacted in time. He does not need to do everything himself.

As the president of Tianwen Petroleum Company, the most important thing for Li Yihui is to preside over the overall situation, not to take care of everything.If they can take care of everything, what's the use of senior executives and middle management?

They had no choice but to find Li Yihui's private phone number at home and call it.

Because they all hope to trade today as soon as possible before the day is over, and the headquarters is urging them.

However, Li Yihui didn't care about this. These Japanese people couldn't tolerate them.

Through people at the company, he learned that these Japanese people were looking for him everywhere, so he simply left home. As for the phone, no one would answer the phone anyway.

Petrochemical companies in Japan kept calling, but no one answered. In desperation, they had no choice but to wait until the next day to contact Li Yihui.

Another night soon passed, and the time came to October 10th.

Today is Sunday, so Li Yihui can take a rest, but he has only been employed for a short time, so he doesn't plan to take too much vacation.

In the morning, he learned from the news in the UK that the international crude oil price did not fall today, but continued to rise, and it still rose sharply!

Originally, yesterday's international crude oil price was US$40.8 per barrel.

The latest data today is that the international crude oil price has risen from US$40.8 to US$44.9!

Why has it risen so outrageously?
It turns out that a major accident occurred yesterday at the Rumaila oil field in Basra, a city in southern Iraq.

The Rumaila Oilfield is the sixth largest oilfield in the world. Its position in Iraq is very important, and its daily output is also very large.

In recent days, as the price of oil has been rising, private oil sales have also begun to increase, which has also led some criminals to focus on the world's sixth largest oil field.

Oil theft occurred in a pipeline between the Rumaila oil field and the oil pipeline connecting the Persian port.

As a result, more local residents rushed to grab oil products, and then an accident happened.

Due to the damage to the pipeline, the oil was leaked. An open flame from nowhere ignited the leaked oil, and eventually a violent explosion occurred.

The explosion killed 598 local people.

After the incident, the Iraqi government was very fast and quickly conducted rescue operations on the scene.

Moreover, they also issued an announcement that from now on, mining in the Rumaila Oilfield will be suspended until the safety incident is thoroughly investigated before it can be officially resumed.

This announcement will have a huge impact on the world's crude oil market.

After all, the Rumaila oil field itself is a very important oil field, supplying huge amounts of crude oil every day.

Today, the oil field has temporarily stopped production.

This is really a leak in the house and it rains all night. Misfortunes never come singly!

Therefore, this announcement directly led to the sharp rise in crude oil today.

The rise from US$40.8 to US$44.9 is a very exaggerated thing.

But during this period, it is normal.

After all, it is already good that those international buyers can buy crude oil now.

This news naturally appeared in major media.

Su Cheng woke up early in the morning, and before Li Yihui called him to report the news, he had already seen the news.

Su Cheng was also very surprised when he saw the news.

Under what circumstances, at this critical moment, something like this actually happened?
For customers in the international crude oil market, this incident can be said to be a disaster for them!
However, for Sioux City, that is great news!

(End of this chapter)