.Dianwubian’s petrochemical projects overseas are mainly related to the political situation of the government in Indonesia. The status of Chinese people in Indonesia has also been improved to a certain extent, and the domestic economy has gradually improved, which also provides convenience for Fan Investment Group to fully invest in Indonesia’s oil and gas resources.

Fan Wubing’s strong support for Habibi and the 50 billion US dollars of interest-free loan assistance provided by Fan’s Investment Group to the Habibi government also make Fan’s current position in Indonesia very stable. In particular, they have become the funder of the actual salary of Bibi government civil servants, which makes the government particularly friendly to Fan’s Investment Group.

All of this makes Fan Wubing reason to open up Indonesia's oil market in depth, forming a series of its own industrial systems from crude oil extraction to refined oil processing.

Overall, Fan Wubing will analyze Indonesia's social situation and will stabilize. It is time to invest in Indonesia's oil and gas resources at this time. The most important thing is that although international oil prices seem to rise, they are still profitable compared to the sky-high prices in the future. Whether in terms of profit or the strategy of increasing oil reserves, they must occupy Indonesia's oil and gas market.

For a long time, due to the chaotic situation in Indonesia, this country has been one of the areas not optimistic about the international community. Although it also has rich oil and gas resources, investors do not agree with the opening here, so many resources are invisible and intangible. At this time, Fan Wubing has already dealt with the Indonesian government. Naturally, there is reason to eat this big cake.

Unlike his son Fan Wubing's optimistic view of the development of overseas oil and gas resources, Fan Heng was at this time confused about the reform of the two major oil companies.

At this time, he was in charge of the reform of state-owned enterprises, so he naturally had a better understanding of some insider information, so he became increasingly unable to understand some problems, which made him very confused and the depression in his heart was unknown to outsiders.

Since the Asian financial crisis swept the world in 1998 and caused the world economy to slump, it has seriously led to a decline in global oil demand. At that time, oil prices fell to below ten dollars per barrel, which caused huge losses to major oil-producing countries in the world.

Under such circumstances, OPEC Eleven, member states began to implement production restrictions and price insurance policies since March last year, which effectively curbed the further decline in oil prices.

Entering the new millennium. International crude oil prices have completely emerged from the trough of the previous two years. The price of Texas Intermediate crude oil soared from US$21 per barrel at the beginning of the year and continued to rise. Due to the soaring oil prices, the prices of high-end products in the oil consumer market have continued to rise.

From June 1, 1998, the domestic linkage method of linking domestic crude oil prices with international market prices has begun, and refined oil prices will be in line with international market oil prices in May this year. The purchase and sale of crude oil prices between the two major oil companies will be determined by negotiation between China National Petroleum Corporation and Sinopec. The settlement price of the purchase and sale parties is composed of the crude oil benchmark price, transportation and miscellaneous expenses discount, and quality discount.

In 1998, my country's petroleum and petrochemical industry implemented a strategic reorganization, and two super-large enterprise groups were formed, respectively. The previous pattern was that China National Petroleum Corporation controlled oil production, while Sinopec Corporation controlled downstream crude oil refining.

Until mid-1998, the two companies began to transfer assets to each other. China Petroleum’s parent company, CNPC, obtained some of the refinery assets injected into Sinopec, while Sinopec was able to inject some of the oilfield assets. The purpose of this arrangement was to establish two oil companies that integrate upstream and downstream businesses. The two companies had limited competition at home and might rush abroad in the future and become two internationally influential Petroleum. In the process of this huge asset restructuring, the Yangtze River became the dividing line for the two companies' assets. CNPC and China Petroleum will control assets north of the Yangtze River, while Sinopec will control assets south of the Yangtze River.

.At the end of last year, China National Petroleum Corporation registered with the State Administration for Industry and Commerce, mainly engaged in oil and gas exploration, refining and chemical, pipeline transportation, sales and other businesses. It has more than 50 member enterprises and total assets of more than 40 billion yuan.

Regarding the split between CNPC and Sinopec, many people believe that this is the huge loss of China's best state-owned assets and the expansionary monopoly of the industry. China Petroleum quickly abandoned the advanced historical experience since large-scale industrialization, and the rapid deconstruction of the oil industry cultural system in the historical process of political and economic compromise, leading to the collapse of the national economy's oil-centered industrial chain since the 1960s.

In the historical hardships of non-core enterprises, huge oil profits have flowed to the International Gongduan Capital Group.

As China's most excellent state-owned assets, the split and listing overseas is also the largest economic unsolved case in contemporary China: what exactly caused the split of the complete oil industry system established entirely by relying on the power of the Chinese state?

The representative of the Goldman Sachs consortium's Beijing office in Beijing once said that what he was most proud of was being able to participate in the entire oil industry. At that time, there were only two choices, either let China continue to maintain an oil company with 1.5 million employees, witnessing that the company might fall into an extremely dilemma in ten years. Or China could reorganize the company into a beautiful and competitive international oil company.

In fact, the future of this huge oil company is not as worrying as this naive representative said. It has relatively independent oil and gas exploration, petrochemical, oilfield construction and other systems, production command system, business management system, scientific research and development system, logistics system, water supply system, power supply system, heating system, communication system, fine chemical, mechanical manufacturing, medical insurance and multiple business development systems, agricultural, industrial and commercial systems, education system, real estate development system, and has provided huge economic support to the Chinese economy for a long time. It is called the party's economic foundation and has provided valuable advanced experience to China's national industry with a complete industrial management system.

Take Daqing Oilfield as an example, an industrial system that has been independently developed and self-reliant since its industrialization. It has an annual output of more than 50 million tons, high yields and stable production in 27 years, creating a miracle in the history of similar oil fields in the world. The exploration and development results of Daqing Oilfield and major projects such as two bombs and one satellite have been recorded in the history of China's science and technology exhibitions.

By the end of last year, nearly 1.6 billion tons of crude oil had been produced, accounting for more than 40% of the total output in the same period. The export of crude oil was 350 million tons, and the revenue was nearly 50 billion. The Daqing Oilfield was evaluated as a high-quality oil field by the world's oil industry, which made people unable to see any problem with ownership, and there was no reason why China Petroleum needs international oil monopoly capital to participate.

After seeing these information, Fan Heng saw that the two major oil companies fought for terminal resources and competed to buy gas station resources in various places, resulting in a large loss of state-owned assets, the continuous breeding of ** behavior, and the various phenomena they saw when they went to Donghai Province this time. They were extremely depressed, but they could not find anyone to speak, which was really uncomfortable.

When he thought about it this way, he could understand Boss Zhu's depression. It was indeed not easy to do something practical. No matter from that angle, he would be controlled by various forces. As the saying goes, desires are not achieved.

After thinking for a long time, he still called his son Fan Wubing. Fortunately, he had an excellent line for in-depth communication to speak, which was something that others could not compare to.

His son Fan Wubing always can give him some solutions, which is more effective than listening to experts who express completely opposite opinions and helps him more.

At least, there is no need to worry that your son will use some tricks to trick him into cheating him.

After listening to his father Fan Heng complaining on the phone, Fan Wubing scratched his head a little. This matter has always been a very confusing puzzle, and he himself was a little confused. When his father asked, he didn't know how to answer.

However, Fan Wubing has been committed to research on oil and gas resources recently, and he has some experience in the current situation of domestic oil companies, so he will not be unable to communicate with his father, Director Fan.

"China Petroleum's total assets account for about 5% of the total assets of state-owned enterprises, and its profits account for about 25% of the profits of the entire state-owned enterprises. This set of data is enough to show that China Petroleum is a high-quality and efficient industrial chain among the national industrial groups. Why does such a high-quality national industry need to undergo shareholding transformation? Is it a huge survival crisis or something else? Is it the chaos of the superstructure that leads to the chaos of the economic foundation? I think none of it, but this good economic foundation hinders the huge privatization process of Chinese society." Fan Wubing thought about it and said to Fan Heng.

"The process of privatization?" Fan Heng felt a little uncomfortable after hearing this.

"Don't feel uncomfortable when you hear this, this is the truth." Fan Xiu was sick until his father had a deep relationship with state-owned enterprises, but this was the most incompatible with the state-owned enterprise reform he was in charge of.

In Fan Wubing's opinion, the biggest obstacle for his father Fan Heng is not ruthless, but affectionate. His feelings for state-owned enterprises are too deep, which leads to incompatible emotions and rationality in the process of having to reform state-owned enterprises. This leads to psychological imbalance, which is difficult to control for a while.

.

Feelings are always the biggest obstacle for an ordinary cadre to grow into a politician. If you want to become a successful politician, you must first learn to abandon unnecessary feelings, or be able to correctly express the correct feelings you should express correctly at the right time and at the right time. This is the way to be an official and can obtain the only law of support from both the court and the opposition.

"In other words, you have to learn to perform." Fan Wubing pointed out to his father Fan Heng incisively.

"Learn to perform? What's the difference between asking me to pretend?!" Fan Heng raised his voice and asked slowly.

"This is your only way to grow up. Fan Wubing said without hesitation.

Regarding the split of China Petroleum, the reason proposed at that time was that China Petroleum was inefficient and could not be compared with the American oil giants, etc., so it had to reform. However, from the perspective of the economic scale and production scale are restricted by the market size and supply and demand relationship, and according to the current scale of China's economic development, there will be no oil company in China that is comparable to Exxon. The so-called profit size also depends on the size of the market.

It is not as large as the US economy. Do we have to artificially compare with giant American oil companies in the world market to create a strange scale of China Petroleum? Can it be said that after the transformation, China Petroleum can reach the economic scale of Exxon? Of course, this is simply impossible

Objectively speaking, it should be solved from the perspective of production operation mode, operation management, accounting audit, logistics control, process level, and scientific research. The correct path that China Petroleum should ultimately choose. Now it seems that China Petroleum ignores prices, costs, investment and accounting system that complies with international practices, and other basic problems such as international monopoly capital groups. The EU does not give China a market economy status, which is related to China Petroleum's extensive operation, high costs and high investment after its overseas listing. This just proves that the ownership issue is not the real reason for China Petroleum's strategic structural adjustment and overseas listing. The artificial gap shown by the unrealistic comparison between China Petroleum and the world's largest oil barrier capital group cannot simply show the backwardness of China Petroleum's industrial management mode and operation mechanism that year.

It now seems that the so-called rectification of state-owned backbone enterprises by the Goldman Sachs consortium in the United States is not simply. What exactly does China Petroleum need the Goldman Sachs consortium in the United States to rectify? What is the strategic goal? Is it not possible to rectify its state-owned backbone enterprises in the country?

With all the problems not being liquidated, the historic tragedy of China Petroleum has occurred. The Goldman Sachs consortium in the United States personally participated in the large-scale layoff of Chinese Petroleum workers. Goldman Sachs pointed out that the assets of China Petroleum Corporation, including the 1.5 million workers employed, cannot be easily listed, and the number of workers must also be reduced from 1.5 million to 480,000.

So, CNPC Co., Ltd. automatically gave up the drilling team that made great contributions to itself. Later, Daqing drilling workers called this behavior a policy of unloading the mill and killing donkeys. An angry crowd slaughtered a donkey in front of the Daqing Petroleum Administration, which symbolized the grinding of Daqing Oilfield for decades to express his anger.

It is precisely because Fan Heng is exposed to such a dissection every day that he feels very depressed, but such things must be done. You can imagine the depression in his heart.
Chapter completed!