In other words, 30% of the oil reserves in Azerbaijan belong to Vostochny Petroleum Company.

Azerbaijan's proven oil reserves are 6 billion tons, of which 2 billion tons are in the Caspian Sea area and 4 billion tons are in the land area. Of course, it is meaningless to look at reserves alone, but also depends on the production capacity - you have to be able to extract the oil!

Just last month, the Azerbaijan National Oil Company announced that the annual output of the Baku oil area would be increased to 3 million tons. Although it is only one-third of its peak, the growth rate is very alarming. As soon as this news came out, the national oil price was once

It fell 2%.

This means Azerbaijan will be able to supply more oil in the future.

One-third of this belongs to Oriental Petroleum Company.

Formosa Plastics Group is engaged in petrochemicals. Their raw material is crude oil. Finding a stable crude oil supplier has always been their goal. Finding their own crude oil production has always been their dream, but it has been unable to be realized. Now, such a living person

Of course, Wang Xiang wouldn't care about any airs in front of him. Whoever has oil in his hands will be awesome.

However, Wang Xiang only thought that Yao Yuan wanted to build a petrochemical base capable of producing hundreds of thousands of tons of gasoline and diesel and hundreds of thousands of tons of ethylene every year, so he did not take Yao Yuan's words seriously.

He followed his train of thought and said, "Mr. Yao, I don't know how your sales are going. We, the Formosa Plastics Group, are interested in purchasing your company's oil."

Yao Yuan shook his head slightly and said, "It's not enough for personal use at the moment. If you want to buy it, it's futures."

"Not enough for your own use?" Wang Xiang was startled, "Oriental Petroleum Company was established as an oil field service company, and now it has also launched oil production business. However, even if you want to build a petrochemical base, you won't be able to use that much oil, right? According to the disclosure of the Azerbaijan National Oil Company

According to the data, the production capacity can be increased to 10 million tons per year within three years, which is the same as the peak in the 1980s."

Yao Yuan smiled and said nothing.

At this time, Mr. Li and others came back, and the small meeting was very brief, which was beyond everyone's expectations.

Wang Xiang had to return to his seat first.

As soon as Mr. Li sat down, he said straight to the point, "Chairman Wang, we agree to 100% domestic sales."

As soon as this sentence came out, Yao Yuan was stunned.

How could this be the result?

He quickly calmed down and observed everyone's expressions. The faces of the CEOs of the Petroleum Corporation were ugly, which was inevitable. If the products of the Haicang base were 100% domestically sold, they would have nothing to worry about, because a Haicang base

products can basically fill the mainland market.

However, the political significance and demonstration significance of Formosa Plastics Group's construction of the Haicang base were extremely important, and they had to make concessions.

Looking at Mr. Li again, he is a senior leader after all. He is calm and has no special expression. He still looks as calm as water.

Yao Yuan's eyes finally fell on Wang Qing's face.

He should be happy, and he should be overjoyed.
Chapter completed!