"There are also oil and gas pipelines going west from Beyneu to Aktau, 360 kilometers away. Aktau is located on the east coast of the Caspian Sea, while Baku is located on the west coast of the Caspian Sea. The straight-line distance between the two is only 360 kilometers. Therefore, once new oil and gas resources are found in Baku, we can transport the extracted oil and gas resources directly to Aktau by tankers or natural gas tankers, and then directly transport them to our country through the oil and gas pipelines there."
After a pause, Guo Dabao continued: "If the oil and gas resources discovered in Baku are sufficient, the country would not even mind building an undersea oil and gas pipeline on the bottom of the Caspian Sea to connect Baku and Aktau."
Yang Jing stuck out his tongue after hearing this. The country's investment and attention in oil and gas resources are indeed extremely strong.
The crude oil pipeline between China and Russia has been built and is transporting oil, but the negotiations with Russia alone lasted fifteen years, and China still had to take out a long-term loan of US$25 billion from Russia!
This crude oil pipeline is China's first crude oil pipeline from abroad to the country. But no matter what, the completion of this crude oil pipeline will not only allow Russia to transport 15 million tons of crude oil to China every year, but also make Russia the third largest oil supplier to China after Saudi Arabia and Angola.
However, the annual crude oil import volume of 15 million tons, or about 300,000 barrels per day, is obviously just a drop in the bucket compared to China's annual crude oil consumption of 600 million tons and annual crude oil imports of 400 million tons. Therefore, the country has been making every effort to develop foreign crude oil import channels.
Including the purchase of old oil wells from Baku this time, it is obviously an attempt by the country.
Yang Jing also knew that with the resumption of large-scale oil production from the Beaumont Oil Field in the United States and the Oham Oil Field in Algeria, his "ancestral secret technique" of finding oil had gained great fame among senior officials, which was why the country supported him so much.
The country lacks oil, and I can find oil. The two sides are mutually beneficial, and I am also very patriotic, so the country will certainly not take action against me. Moreover, Rongbao Mining's 40% stake also proves the country's sincerity.
The oil and gas field area near Baku is one of the most famous oil and gas field areas in the world. Although the oil and gas field resources here have been exhausted, those old oil wells that others can't do anything about are treasures to Yang Jing.
It is estimated that the country has guessed something, so it decisively started to lay out in Baku. Even Yang Jing was thinking, once the layout in Baku can be successfully laid, then should the crude oil pipeline be laid directly to Iran?
You should know that Iran is also one of China's important crude oil suppliers. Even before the Iran nuclear agreement came into effect in January 2016, when Iran was still under sanctions, China still regularly purchased oil from Iran. In 2014, China imported an average of 420,000 barrels of crude oil per day from Iran, and then 481,000 barrels per day in 2015. Although China reduced its oil imports from Iran last year, this year when the US decision was imminent, China bought more Iranian oil. In March 2018, Iran delivered 766,000 barrels of crude oil to China every day, and nearly 700,000 barrels per day in April.
In June 2018, the Twitter president of the United States issued an ultimatum, saying that all countries, including allies, must stop importing oil from Iran before November 4, otherwise they will face US sanctions. This time the United States will not exempt any country.
Such a "one-size-fits-all" policy naturally aroused dissatisfaction from the international community. Many European countries that have oil and gas business with Iran are very disgusted with the president's overbearing behavior. As for China, it simply ignored this ultimatum that was almost a threat.
At that time, the spokesperson of the Chinese Ministry of Foreign Affairs said something very refreshing and generous when facing reporters: "I have seen the relevant reports, but whether this is the official position of the US government or not, you can only verify it with the US side. The US position cannot interfere with the position of China! Moreover, China and Iran are friendly countries. The two sides maintain normal exchanges and cooperation within the framework of their respective international law obligations, including cooperation in the fields of economy, trade and energy, which is beyond reproach."
The implication is obvious: you, the United States, can say whatever you want, but it is none of your business to decide from whom China purchases its crude oil!
This incident last year showed China's attitude. As the world's second largest economy and the fastest growing country in the world, China has the confidence to say such things.
So, can the purchase of a large number of old oil fields in Baku, which is only more than 200 kilometers away from Iran, be seen as a prelude to China's preparation to lay an oil pipeline to Iran?
Yang Jing actually hopes that his motherland can really lay an oil pipeline to Iran!
PS: I would like to thank "Very Lazy Fish" and "A Ray of Sunshine in the Dark" for their 100 rewards.
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