Go back in time and be a chaebol

Chapter 926: Oil Interest Alliance (Second update, please subscribe)

Times have changed!

Once upon a time, it took several days to travel from one continent to another, but now it only takes a dozen hours.

It was the jet aircraft that changed all that.

Jet aircraft have shortened the distance between continents to a great extent. Sitting in the first-class cabin of the C717, Frank couldn't help muttering.

“What a remarkable invention!”

While expressing his emotion, Frank continued to look through the report in his hand, which detailed the investment of South Sea Petroleum Corporation in Saudi Arabia.

"Southern Persian Gulf Oil Company...what a cunning fellow."

The reason why they are "cunning" is that the agreement they signed with Saudi Arabia is about "offshore oil exploration and exploitation rights", while the agreement they signed with Saudi Arabia that year was about land.

"The most cunning thing is that they have not conducted any exploration until now. I heard that a few years ago, Pacific Western Oil Company tried to acquire their exploration and production rights for US$2000 million, but they refused."

Frank sneered at the assistant's words.

"They are dreaming. 2000 million US dollars, do they really think that all the people in Southeast Asia are stupid?"

Frank said this with a frown on his face. To be honest, he was also unsure about this trip to Southeast Asia. Thinking of this, he recalled the conversation with the manager.

“Times may have changed, but some people haven’t changed!”

"The United States now has too many concerns. Washington always wants to show the world how noble and morally upright they are. They even despise our right to profit abroad and think it is unfair!"

"Fairness! There is no such thing as fairness in this world!"

This is the most disgusting thing about this era. Now those politicians in Washington want to prove themselves. In order to prove that the United States is no worse than the Soviet Union, they are even willing to sacrifice the interests of American companies.

If it were before World War II, how could those countries dare to harm the interests of American companies?
But now everything has changed.

This is also the reason why he came to Nanyang.

……

“So, we need a friend who can protect traditional interests!”

Who can safeguard their traditional interests?
It certainly won’t work for an individual.

Then it can only be the country, and this is also the reason why Frank came to Southeast Asia.

"We need a brute who can bring the world to its knees!"

Not the guys, but the country!

When the Southeast Asian ambassador to the United Nations threw the UN Charter into the trash can, like many others, Frank knew that Southeast Asia was different from the United States.

They will never talk about so-called "international rules" or "international law" in vain. For them, the most important thing is interests!

On this point, the Arabian American Oil Company agrees with them.

Profit comes first!

"Profits are human nature. Why do they deny human nature?"

With such emotion, Frank came to a conclusion - those politicians in Washington are basically not human beings, but a group of hypocrites!

Just then, the gentle voice of the flight attendant came from the plane broadcast, reminding them that the plane was about to land at Chang'an International Airport.

"Okay, now, we're going to have a meeting with a real businessman!"

Let’s clean up the mess, Frank said to Charles beside him.

"If we succeed, we'll create an empire!"

After a pause, Frank added.

"It should be said that we will protect our empire!"

After saying this, Frank stared out the window at the city.

They had arrived in Chang'an, but the headquarters of Nanyang Petroleum Company was not in Chang'an, but in Taiping. The next morning, they flew to Taiping.

Soon, they saw Hermann.

"Frank, my friend!" Hermann looked very happy when he saw Frank.

"What brings you here?"

In fact, they are old acquaintances. Aramco has always been a partner of Nanyang Petroleum. Last year alone, it imported more than 200 million tons of oil from Aramco.

"It is the warm wind from the Persian Gulf, my friend."

Frank seemed very direct, and soon they entered the office. After a brief greeting, Frank spoke directly.

"Herman, I know you will definitely enter Saudi Arabia, and your mining rights will not remain there forever! In the past few years, you have introduced a lot of offshore drilling technology from the United States."

Frank, who had done his homework, revealed the secret.

Herman nodded and said.

“Indeed, if everything goes well, we will start exploration of the leased waters by the end of this year, and although we may have some kind of competition, I hope we can still cooperate.”

"I came here this time just for our cooperation!"

Looking directly at Hermann, Frank said.

"I believe there are broad common interests between us, which will make our cooperation easier, but as a friend, I feel that I have an obligation to remind you that the Saudi side is now changing their agreement with us!"

"Really?"

Herman looked at the other party with some confusion and asked.

"Riyadh wants to change the agreement with us."

"Our friends in Riyadh provided us with intelligence."

Frank took out the report from his briefcase, handed it over and said.

"I think it is necessary for you to understand the contents of this report."

After taking the report, Hermann took a look at its contents and his brows immediately furrowed.

“Oil companies pay the Saudi government 56% of profits and 20% of oilfield royalties… Is this true?”

Herman's expression became solemn. According to the agreement reached six years ago, the company and Riyadh shared the profits 52-, but now they had lost % of their profits in one fell swoop.

"Herman, you know, we have many friends in Riyadh. Maybe they won't make this request to you this year, but next year, after you start work, they will definitely try to negotiate with you to solve the problem."

Taking a cigarette from the cigarette box, Frank lit it, took a puff and said.

"By then, the problem you will face will be the same as the one we are facing now. It is nothing more than accepting or rejecting. If you accept, your losses will be extremely heavy, but if you reject, they will use various legal means to force you to make concessions, my friend..."

Taking a puff of his cigarette, Frank looked at him and said.

"I believe this is an extremely difficult choice for you. So, as a friend, I need to remind you."

Faced with Frank's "reminder", Hermann fell into silence. He was not only thinking about the Saudi issue now, but also thinking about Frank's intentions.

What does he want to do?
Are they trying to force Nanyang to withdraw from the Persian Gulf through this?
Thinking of this, Hermann said.

"From a business perspective, even if the profit is reduced to 24%, it is still very profitable. The profit per ton of oil is still higher than the current profit of Nanyang Petroleum,"

Turning his gaze to Frank, Herman said in a calm tone.

"I think you know this better than I do. After all, you have been extracting oil there for decades and have made many concessions."

"That's right!"

Frank nodded, cigarette between his fingers.

"That's true. In terms of profits, we have indeed been profitable, but we must also see that our profits are being squeezed out little by little, and the agreement we signed with Saudi Arabia that year was torn up like waste paper, so..."

Facing Hermann, Frank took a deep breath and spoke in a calm tone.

"Now, we have no intention of making any more concessions, and I hope we can form an alliance together!"

After a brief pause, Frank said.

“I believe this will be beneficial to us.”

(End of this chapter)