Chapter 206 The Graff Sea

Of course, it was still too early to fantasize about these things, as it is only practical to understand the enemy forces. When he logged into the search bar and searched for Murano international trade co., LTD., a number of websites popped up.

This is a company specializing in the import and export of technology, complete sets of equipment, high-tech goods, and bulk raw materials. It's listed on the website that they have been involved in thirteen famous projects in the area.

In Tianhai, for example, it has built Asia's second largest, fully-enclosed eco-park on the outskirts of the city. They are responsible for importing the ultralight aluminum alloy brackets used inside it, and the outer coating of ETFE from Japan.

The company was not listed, and Chen Fan could not find his annual financial statement. But for all the stuff on the site, their total assets would be over a billion RMB.

"A billion?" Chen Fan shriveled his lips. He was afraid this was only the small part of the business community of Nakagawa company! This small amount of money, he was afraid, that even if he blows up the company, the Nakagawa family would not skip a beat.

Continuing to click on a link called a memorandum of cooperation, he found several valuable pieces of information. In 2006, Murano trading company was invested an amount of 3.67 billion RMB by Ono business group, which is responsible for the construction investment of the Ono group in China. In 2007, the two sides reached a merger, and made an acquisition agreement, making the Murano trading company officially a member of Ono business group.

Information about the Ono business group was unavailable online. But, when it landed at Google in Japan, the message suddenly grew. We know the Japanese language is an inexhaustible imitation of the whole, and that there are 1945 commonly used Chinese characters, so Chen Fan could know and understand the meaning of it, even if he simply guessed it.

Finding their homepage, just as Chen Fan wanted to borrow a web translator to preview the contents of the inside, he was immediately attracted by a large image that occupied two-thirds of the page! This was a picture of the ocean in the background, and the drilling platform as the main theme.

The commentary read: "Warmly celebrate the completion of the seven offshore oil RIGS that were built in Libya and the Graff sea, as well as the trial production yesterday."

The production of this oil field was another great achievement in the field of oil and gas. It is also was a project, which was initiated after the lifting of UN sanctions against Libya. Thus, it was of great significance.

At present, the door for investment in Libya had been fully opened, and countries around the world were now welcome to actively participate in the construction of Libya's oil and petrochemical industry. The field produced 150,000 barrels of crude oil per day during the trial period, followed by water, oil, and gas treatment and separation.

At the end of the trial, it produced 900,000 barrels a day. The ancillary facilities of the oil field include: crude-oil collection and separation stations, natural-gas treatment stations, storage stations, export stations and so on, with 32 storage tanks in total. At present, the seven known wells are all large oil fields, each with a storage capacity of more than 80 million barrels.

In the next few years, this scale is expected to continue to expand, especially with the deepening of cooperation with Libya. We will hold an auction in a week's time at the Takeda building in the Shinjuku district of Tokyo, where hundreds of millions barrels of crude oil will be sold every Wednesday...

.........

"Millions of barrels of oil every Wednesday?" Chen Fan stared at the news. Although 3 million barrels of crude oil were not much, oil was almost as scarce as drugs. No matter how much was the amount, the society can absorb it.

So, why would they hold an auction? Isn't that an unnecessary move?

Why the other side was selling part of its crude oil share, Chen Fan was too lazy to study the reason. He only knew that the price of a barrel of crude oil was equal to 520 RMB, and three million barrels was equivalent to fifteen point five six million.

"I'm going to this oil auction!" Only thinking for five seconds, Chen Fan slapped his knee and said in a tone as indestructible as an iron hammer.

Oil is an average priced good, and even if the price of a barrel of oil is a dollar higher, the buyer will still lose 50 percent. After all, three million barrels would be three million, and a buyer would be able to bid that, if he adds a few cents at random.

And, if he wins the bid...

Well, there's something called an agreement penalty...

The only problem now is, how to qualify for an auction?

It's not a great deal, but it's definitely a big deal. The bidding process may be just a formality, giving companies that are scrambling for oil a level playing field. Since everyone wants it, the higher price wins. So, he could get it without offending anyone!

Generally speaking, there would be a threshold for the auction, where only either a person with strong economic strength, or a company with a deep knowledge of the company, could participate. At present, he had more than 10 billion RMB in economic power and five large oil tankers totaling over 200,000 tons.

It's a bit of a hassle to know, but only with a certificate of deposit from a Swiss bank and a certificate of ownership of five tankers, could the mercenary businessmen not refuse him. Whether it turns out to be a success or not, this is a very worthy revenge to try.

After patiently researching for most of the day about the group, he closed the computer. He had one week to prepare, and if he could attend the bidding meeting, he had a high confidence of winning the bid.

Ho!

The word "killjoy" was coined to describe the present situation. While Chen Fan shrank in bed, thinking of the manipulation process, and preparing to send the electric eel to Libya to look at the situation for subsequent program-related information, the white python was very tiresomely swimming ashore, dashing in front of the electric eel and shouting. Chen Fan moved his mind to the electric eel, and then, almost without thinking, rewarded it with a flick of the finger.

If it was before, and the electric eel flicked its forehead, the python would definitely have been in a rage. But now, it was distinctly different from the old days, and after a flick from the electric eel, it laid obediently next to the electric eel, staring at him with its big eyes.

"I have no time to fool around with you, I still have serious business to do!" Chen Fan muttered in his heart, as he controlled the electric eel to move toward the exit. But as the electric eel moved, so did the python.

We know that animals can't understand the human mind, and humans can't communicate with animals. So, in general, you can only use violence to express your own will.

The electric eel moved helplessly, with its claws scratching his abdomen, ready to release the current to drive it away, as the six-meter reptile unexpectedly tried understand the electric eel, roaring softly, and stopping from twisting its body.

"Oh, you know how to read expressions?" Chen Fan said to himself, as he controlled the electric eel to wave its paw to signal it to return.