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The inside story Yang Xing knows is that Wen Rengui takes over Cheng Canghai's position. He serves as the next prime minister almost on the same day as Cheng Canghai's premiership, which reflects an institutionalized trend of the change of government in our country. Compared with the social fluctuations often caused by the change of leadership in other socialist countries, this smooth transition of leadership is undoubtedly more praised, which is also what the second generation of leaders praises.

Since the three generations of leaders of Cheng Canghai and his group chose Wen Rengui, it is a recognition of his ability. His ruling style and Premier Cheng Canghai may be different, but his intention to be devoted to the public is the same. Although he is gentle, he will not let the people below come too far, but as a former geological and mineral exploration professional, he could see at a glance the importance of the report Yang Xing gave him about the country's importance to the country.

With the end of this wave of adjustment period of the national economy, several major difficulties in domestic economic reform, state-owned enterprise reform, financial reform and WTO accession have basically been solved during Cheng Canghai's term of office, and a new round of economic rapid growth is about to come. However, from previous experience, the insufficient infrastructure and the old problems that restrict rapid economic growth have not been fundamentally solved.

Among them, infrastructure can be compensated by investment, and investment in fixed assets is also the only magic weapon to drive the rapid growth of domestic GDP. Wen Rengui is not very worried about this. The lack of sources may restrict economic growth and may be subject to others in the future. However, the situation that China's great rejuvenation needs to overcome.

After World War II, the trend of international energy consumption gradually shifted from coal to oil, and the long-term low oil price was also the main reason for the rapid recovery of Western strength after World War II. However, after two oil crises in the 1970s and 1980s, oil prices began to rise year by year. After entering the 1990s, there were no news of discovering super-large oil fields in the world. At the same time, emerging countries continued to emerge like mushrooms after a rain, including many big guys like China, India, and Brazil.

At this time, the economy of Western countries entered a mature stage and the demand for energy has remained relatively stable. However, due to the rapid economic growth of emerging countries, their desire for energy is like a bottomless pit. The international energy market has been on the seller for a long time, and energy price observers, mainly oil and natural gas, have long judged that they only rise but not fall. Western investment banks and funds, which have seen the opportunity to make money, have intervened in the energy market, which has further fueled the rise in prices.

The domestic economy has long relied on coal, but the harm of coal to environmental pollution is too great. With the improvement of national living standards, oil energy is being used more and more, and the domestic dependence on imported oil is gradually increasing. Yang Xing took this opportunity to actively intervene in oil trading, build oil terminals and private strategic oil reserves, and launch oil tankers and petrochemical projects.

Natural gas that can replace oil has advantages such as cleanliness and high efficiency, which has attracted widespread attention. However, China happens to be not a country with large natural gas reserves. Most of the natural gas fields are distributed in sparsely populated areas in the western part of the country, and mining and transportation are very difficult. Therefore, even if the hugely expensive "West-East Gas Pipeline" project was launched in 1998, the proportion of natural gas in domestic energy is still only a small part.

The world's major oil powers are often also countries with large natural gas reserves. Saudi Arabia, Qatar and Russia are examples. The gas form of natural gas determines that in addition to pipeline transportation, liquefaction methods must be used to transport by land and sea, which is inherently disadvantageous compared to oil. Liquefied natural gas ships that transport natural gas on a large scale are extremely technically high. Only a few shipyards in the world can build them. The country is still working on this. It will take several years to wait for research and development to be used on a large scale, which is also destined to be impossible for domestically transporting natural gas from the Middle East by sea.

The only option is to be close to Russia and Central Asia, but Russia has always been tempted by the sale of energy to the country, for fear that we will enter its traditional sphere of influence. After talking with Russia for many years, I wanted to lay pipelines on the Northeast and Northwest borders and import oil and natural gas from Russia and Central Asian countries. As a result, the oil pipelines in the Far East are still on the drawings. The Northwest's pipelines imported from Kazakhstan to connect to the West-East Gas Pipeline is also slow because Russia is dragging it behind the scenes.

As a major country, China is certainly unwilling to be controlled by energy, so it has always been acquiescent to Yang Xing's active encouragement to establish strategic oil and gas reserves, and private capital has been involved in the energy field and promoting oil and gas in the South China Sea. But the so-called increasing revenue and reducing expenditure is the way to maintain the family, reducing loss is the passiveness, and increasing revenue is the fundamental. The discovery of shale gas undoubtedly gave Wen Rengui a great hope, so he couldn't wait to ask Yang Xing to come over and talk in detail.

Seeing Wen Rengui anxious, Yang Xing replied directly without politely, "My Xingwei Resources Group is negotiating acquisitions with several energy companies preparing to develop shale gas in the United States. It has obtained some internal information from the side, which can be concluded that the US shale gas development technology is mature, and most of the patents are in the hands of many small companies. The mining volume has reached 10 billion cubic meters. China National Petroleum Corporation's natural gas extraction volume this year is only more than 20 billion cubic meters. It is a good time to learn from the United States and vigorously develop my country's shale gas."

Wen Rengui also has a shale gas tender notice published by the U.S. Department of Energy, which states that the proven reserves of shale gas in the United States are close to 28 trillion cubic meters, and the annual output is close to 10 billion cubic meters. Among them, the mining life of shale gas fields in the Fort Worth Basin in the United States can reach 80 to 100 years. Long mining life means that the value of development can be high, which also determines that the development potential of shale gas is huge.

Wen Rengui obviously did a lot of homework here. He asked, "I have checked the information and asked experts. They all believe that the domestic shale gas reserves are only much higher than those in the United States. However, the resistance of shale gas flow is greater than that of conventional natural gas, and all gas wells need to be renovated to be mined. However, my country has not yet formed mature technology."

"The shale gas reservoirs in Baling Province and Shancheng, which are the most mineralized areas, are different from those in the United States. The shale gas burial depth is larger than that in the United States. The depth of the shale gas layer in the United States is only 2,600 meters deep, while our shale gas layer in the depth exceeds 2,000 meters, and the depth can reach 3,500 meters. The increase in the depth of the shale gas layer has added a lot of difficulty in mining in our already immature technology. What solutions are needed?"

Yang Xing laughed, "It's very simple to solve. Two things - money and time. I am investing in many companies in the United States that have patents for shale gas development technology. It is not difficult to master core technology in time. However, in China, I need central support. I have an idea. Since the most likely storage area for shale gas is near Shancheng, I have an industrial park in Shancheng. We can first let our company explore gas and drill wells locally. If it succeeds, we can promote the experience across the country. Even if it fails, our company will bear the responsibility. I just hope that the country will pay attention to this."

Wen Rengui pondered for a while, obviously considering the gains and losses of the interests. Yang Xing's words require courage. Shale gas is a new thing after all, and not many people know about it. Even the United States has not taken seriously at this time worldwide. If the plan is successful, it will undoubtedly greatly alleviate the country's energy scarcity. Even if it fails, it will only be the failure of a new energy project, and most of the risks are borne by Yang Xing, so why not do it?

Of course, this also involves the interests of several major domestic oil giants. If shale gas development is successful, many people will definitely reach out to get a share of the pie. Let private enterprises like Xingwei Resources intervene in the country's fundamental basic energy industry, which will cause a lot of controversy at that time, and things will be even more troublesome after that. Therefore, Yang Xing took over the big burden just to think that Wen Rengui could give an explanation so that he would not make wedding dresses for others.

Wen Rengui is a person who is about to become the prime minister, and after thinking about it, he took responsibility. He said to Yang Xing: "You can report a specific plan for this matter. I can first place a name for you in the State Council as a designated experimental project of the State Council. After the well is successfully drilled, I will consider other things. I will say hello to the land and land department and let them cooperate with you as much as possible."

This is almost equivalent to giving Yang Xing a Shangfang sword, which makes Yang Xing admire Wen Rengui's decisive ability. In his impression, Wen Rengui's personality is softer than Cheng Canghai, and he is called a humble gentleman, but it also means that no one can offend anyone. But today seeing his other side makes Yang Xing understand that there is no simpler for those who can enter the core leadership circle of the country. Obviously, the shale gas project is the key in his mind that has always troubled his country's energy dilemma, so he expressed his support without vaguely.

Because of the good impression that Yang Xing raised more than 1 billion US dollars from overseas during the flood control in 1998, Wen Rengui felt good about Yang Xing. After that, Cheng Canghai also asked Wen Rengui to participate in many plans he discussed with Yang Xing many times. Obviously, he not only regarded Yang Xing as his aide, but also wanted to leave it to Wen Rengui's team to continue to use. This time, Yang Xing made such a heavy bet, and the meaning of the investment was very obvious. He also knew that he was responsible and prepared to fully promote the development of shale gas.

Seeing that Wen Rengui was so enthusiastic about energy issues, Yang Xing knew that he had figured out his pulse, so he started talking about shale gas to his views on domestic energy strategy. He pointed out that a new round of economic rapid growth is coming, and the domestic energy industry is obviously not ready.

Based on his previous experience, he specifically talked about the possibility of domestic power generation becoming a bottleneck for economic growth. Oil and natural gas is restricted by domestic production, so we still need to rely on traditional power generation sources. However, although coal has abundant reserves, it can be concentrated in Lingxi, Qinxi and other places. Transportation to coastal areas with the largest electricity demand is greatly restricted in transportation. In this regard, we must prepare for it early.

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Chapter completed!