Chapter 1160: To be rich, take me

After the
Huashan
engine has undergone rigorous ground and high-altitude platform tests, it is finally about to enter the final stage of actual installation testing. This is good news. With the steady progress of the engine development, the Rongcheng 3611 Institute, The second phase of the "Super Seven" project jointly invested by Chengdu Aircraft Manufacturing Plant, Pakistan Railway and Tan Zhenhua, which is the plan to develop a major improvement model based on the "F-7", can finally be implemented and has reliable power. The core is available, and this, four years have passed since Song Wenhua calculated the "Super Seven" plan from a napkin.
Of course, Song Wenhua has not been idle for the past four years. Under his auspices, "Super 7" has carried out a number of sub-system research work, from pneumatic layout to fly-by-wire control system, from advanced instrumentation equipment to fire control system. The sub-system projects that are split and parallel gradually mature one by one. Some of these sub-systems have even been included in the upgrade package provided to customers in the first phase of "Super 7" by Chengdu City, and they have obtained various "Huashan" engines. After the main data, the construction of the first "Super 7" has already been in full swing.
And Tan Zhenhua now needs to fulfill his promise to Song Wenhua, that is, to take over the US$200 million "J-7" renovation contract between Rongcheng and Ikra.
Let’s go about it, the most difficult thing is actually to solve the Ikra’s payment problem.
For the 7-year war and finally the entire country from a well-off society of "upstairs and downstairs, car phone" to the debt-laden Ikla, it is obviously unrealistic for it to use cash to pay for this expense. The solution Tan Zhenhua can think of is actually similar to the solution of most creditors in this country-asking Ikra to use oil as collateral.
As we all know, Ikra has the world’s 4th richest oil resources. The Kirkuk oil field in the north and the Rumaila oil field in the south are large oil fields with extremely rich reserves and excellent quality. Before the war between Iran and Iraq, the average The daily crude oil volume has reached more than 3.5 million barrels, and the highest daily production has even reached 4.5 million barrels. It is precisely because of the output of these oil fields that at the end of the 1970s, Iqra was able to achieve a per capita GDP of more than US$4,000. Don't be too relaxed.
However, this seven-year war has completely dragged down Ikra’s economy, and a large number of young adults were forced to join the army, resulting in a serious shortage of laborers engaged in the oil industry; the two sides of Iran have no bottom line on mutual attacks on civilian facilities. This led to the destruction of countless oil production facilities; the consumption of a large amount of weapons and ammunition forced the two sides to invest heavily in purchasing and updating military equipment...
Therefore, in the latest OPEC capacity allocation plan, Ikra’s current average daily output can barely reach half of the pre-war production capacity, and most of the remaining half of the capacity is also mortgaged to various creditor holders. , Used to repay the "arms debt" it owed.
Therefore, when the huge war between Iran and Iran destroyed countless wealth and left a large number of civilians in the two countries into a homeless situation or even destroyed their homes, a group of greedy capitalists are making a fortune-hordes of arms dealers. While selling weapons, ammunition and supplies to the two warring parties at high prices, we rigorously demanded restraint and an immediate ceasefire on various public occasions, but secretly encouraged both sides to consume all these equipment in the ongoing war. Turn into piles of scrap so that they can get new orders... As for payment? At first they wanted cash, but when the cash was gone, they wanted oil and natural gas. If oil and gas could not be exploited, they wanted the right to exploit oil and gas wells, and then realized it through collusion with oil groups...For these capitalists The Iran-Iraq war has become a feast for them to plunder the wealth of the two countries.
To be rich, take me...
Such things as robbing the treasury are considered somebody’s specialty, right?
So, everyone is sharing wealth, how can Xiao Tan Tan stay out of the matter?
As explained in the previous article, in a series of industrial layouts invested by Tan Zhenhua, the petroleum industry is also an important part of the entire industrial empire he built. Last year, he made a large investment in Ningdu, uniting the Ministry of Chemical Industry, the Ministry of Petroleum, and The Ministry of Industry and Information Technology and other major ministries and commissions, based on the former Ningdu Petrochemical Company, introduced advanced technology from British BP, and cooperated to build a petrochemical refining enterprise with a design capacity of refining 73 million barrels of crude oil per year. This company’s product line not only produces the most basic In addition to gasoline and diesel to meet China's rapidly growing energy demand with economic growth and the increase in vehicles, it will also produce various industrial high-quality lubricants, polyethylene, propylene and other basic chemical raw materials.
When he first invested in this company, the main source of oil supply he planned for it was composed of three countries: Haosha, Alian and Ipersia. Now, he intends to add another source for it, namely Iqra.
After discussing with Song Wenhua and obtaining the approval of the Ministry of the Third Machinery, Tan Zhenhua sent this "oil-for-arms" proposal to Ikra through his old friend, Prince Sheikh, and soon received President Sha Damu’s approval. Responding positively, he very happily agreed to the plan, and decided to use several oil wells in his Kirkuk oil field as collateral to supply 500,000 barrels of oil to Ningdu Petrochemical every month. The value is calculated at the current international crude oil price. About 6 million U.S. dollars were used to repay the principal and interest of a special special loan of 200 million U.S. dollars issued to Ikra by Tan Zhenhua through the "Hang Lung Bank" under the "Red Flag Capital". He even proposed that if possible, he hoped that the same model could be adopted. He obtained a larger non-special loan and proposed a first installment of US$500 million. He was even willing to pay up to 15% of the annual interest on this loan.
However, Tan Zhenhua rejected the request for non-special loans, and at the same time proposed that 500 million US dollars can be given, but the condition is that the money can only be used to purchase goods from China, not limited to military and civilians, as long as these products can be obtained from China. Export license.
After weighing, Ikra agreed to this condition. Anyway, for them, Huaxia’s products, whether they are military equipment or people’s livelihood products, have one common feature-low prices and good quality, and purchase of various materials of China. Compared to buying similar products from other countries, it is much cheaper. The money saved from this aspect alone can almost cover the interest paid on the loan. It is really a good deal.
However, Guo Zhaode held a very strong opposition to this loan. After comprehensively analyzing the political and economic situation of Ikla, he proposed that the current total international debt has exceeded US$40 billion, and the total debt is still pushing up. According to Carat, as an economy, it has actually gone bankrupt. According to its current balance of payments capacity, its fiscal revenue is not even enough to pay the debt interest that needs to be repaid every year!
Therefore, lending money to Ikra is very dangerous, and it is very likely to become a bad debt!
From a financial point of view, Tan Zhenhua very much agrees with Guo Zhaode’s views, but Guo Zhaode does not know Tan Zhenhua’s real intention-bad debts are good, that is, to turn this money into bad debts. Only when this money becomes bad can profits maximize!
Of course, this plan cannot be explained to Guo Zhaode now. Therefore, after a dispute between the two, they stepped back. Guo Zhaode conditionally agreed to issue the loan, and the condition was to ensure the ability to repay the loan. In addition to the oil well as collateral, Ikra also has to find a reliable guarantor.
Sheikh did not dare to speak out on such a big event. He could only bring this condition back to President Sha Damu. After urgent consultations within the Arab world, the guarantor finally fell behind the biggest scene in Iqra. The gold lord, the leader of the Arab world, Hao Sha.
It’s just that His Majesty Fahd, the old king at this moment, would never think that his act of righteousness this time had dug a huge hole for himself...