American Gossip King

Chapter 325 Taking Down Kirkuk

White House.

George W. Bush was thinking seriously at that moment.

He understood what Ian meant.

That means I'll help you dig up dirt on your rivals!

This is essentially another Watergate scandal, but fortunately Ian Carl isn't a secret agent, so even if he gets caught, it won't implicate him.

After a moment's thought, he said, "What kind of support do you need from the White House?"

Ian answered without hesitation: "The development rights to the Kirkuk oil field."

George W. Bush frowned: "That's BP."

Ian smiled: "That's why I chose them."

It's not suitable to compete with ExxonMobil; their influence is too great.

But BP can do it!

The five most loyal dogs in the United States are from the United Kingdom, Canada, Australia, Japan, and South Korea, with the United Kingdom ranking first.

They are essentially American spies in Europe, acting as troublemakers, running errands for the Americans and causing unrest in the European Union.

But a dog is a dog.

No matter how awesome you are, aren't you just America's dog?

Aren't you just meant to be harvested?

Although Ian's plan is to really get involved in the military and oil industries next year, why not do it sooner if it can be done earlier?

I've already secured 10% of the Loma oilfield this year, and I've also acquired the Missan oilfield cluster.

George W. Bush was deep in thought.

To gain the support of powerful figures in China, he certainly cannot distribute their interests elsewhere. So, it seems that the only option left is to sacrifice the UK.

After all, Iraq was attacked by the Anglo-American coalition, which benefited the British, but the extent of that benefit was ultimately determined by the United States.

Of course, giving the whole thing to Ian wouldn't be an option; the benefits would be too great.

He thought for a moment and said, "I can't give it all to you, but I can talk to the British about a joint development. BP has already started construction there and invested a lot."

Ian shook his head: "First, I don't own an oil company, so if we were to develop it together, they would still dominate, and my profits would be very low. Second, their production capacity is too weak."

The Kirkuk oil field is easier to exploit than the Missan oil field group, with larger reserves and lower extraction costs. So what is the daily output?

In 18, it was only 3 to 6 barrels!

Of course, there are various factors involved. BP is not that incompetent, but Ian will definitely choose to cooperate with China National Petroleum Corporation (CNPC), especially since he is now a shareholder of CNPC.

Ian said directly, "How about this, President Bush, I won't make things difficult for you. I can pay for the development rights to the Kirkuk oil field, including their initial investment. Of course, it will be at a discounted price."

George W. Bush asked excitedly, "How much can you contribute?"

"That depends on how much they've invested," Ian replied.

George W. Bush picked up the phone immediately: "Let me ask."

The news came back quickly.

Because the Kirkuk oil field already had a foundation, BP invested approximately $8 billion there, and it is now basically ready to start production, with an estimated daily output of 100,000 barrels of crude oil.

If Sinopec gets involved, it should be able to increase production to 300,000 barrels per day, and it would be easier to achieve a breakthrough than the Missan oilfield cluster.

In 2004, oil prices fluctuated wildly, rising from over $30 to over $55. Therefore, the profit per barrel, after deducting all costs, could reach over $15, resulting in annual revenue of no less than 16 billion, and this profit was expected to continue to increase…

Of course, oil prices do sometimes drop, but overall they are rising.

With that in mind, Ian said, "I can contribute 120 billion, and give the extra 40 billion to BP for a period of 20 years."

George W. Bush stared at him blankly: "Who do you plan to let develop the oil fields?"

"China Petroleum," Ian replied. "They're quite capable in this area and are willing to give me a discount, but it's best not to tell the British about this. You can say I'm working with ExxonMobil."

George W. Bush was speechless.

Ian said softly, "Besides these, I can also help you deal with your competitors, but I need the Iraqi side to lower their share a bit."

These words struck a chord with George W. Bush.

It's okay if I'm not good enough myself, making my opponent even worse is also a good idea!

And that's what Ian Carl excels at.

George W. Bush nodded slightly and said, "I'll talk to them."

Ian smiled slightly: "Of course, I also need to talk to China National Petroleum Corporation."

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After leaving the White House, Ian did not return to his hotel, but instead went to a nearby Chinese restaurant.

He ate his meal quietly in the restaurant until Amhaisan arrived.

He sat down next to Ian, remaining silent without uttering a word.

Ian smiled and picked up some food: "I had George W. Bush issue some decrees to buy off Muslims, including special treatment for them, such as not disturbing their pilgrimages... Do you know what that means?"

Amhaisan smiled.

This means that their actions are more convenient and they are better able to hide themselves.

If played well, one can even escape by using pilgrimage when the FBI comes looking for them.

The latest novel is first published here!

He nodded gently: "Thank you."

"You're welcome. There will be many more opportunities for us to help each other in the future. Remember to contact Bin Laden for me," Ian said while eating.

Amhaisan remained silent.

After a long pause, he said, "I'll try my best, but I can't guarantee he'll agree."

"He'll agree," Ian said softly. "He's not a coward. I admire him, and I believe he admires me too. I can make his voice heard even louder throughout the world! And I would never betray him."

Amhashan nodded and left.

………………

The following days saw another round of intense multilateral negotiations.

However, this time it's much simpler than the previous cooperation agreements.

It's all about the price!

Under pressure from the US president, BP finally relented and agreed to abandon the Kirkuk oil field, but the price was raised to 140 billion.

Ian agreed.

The situation in Iraq is simple: the puppet government has no say, and the Kirkuk oil field's revenue share was reduced by 20% due to the difficulty of extraction. Ian wanted the Missan oil field complex to also reduce its revenue share for the same reason, but George W. Bush said: "Give us some face. Our international reputation is bad right now. Even when we're robbing money, we have to have some dignity. The Iraqi puppet government may not have power, but it has mouths, and those guys are already complaining non-stop."

That's what they say, but in doing so, it makes it seem like the Kirkuk oil field is more difficult to exploit than the Missan oil field group.

what!

Indeed, black and white are always reversed.

Besides, isn't the current Iraqi government's discontent largely due to the indiscriminate killings by the US military? Never mind, I'm not in a position to speak ill of the US military.

While reaching an agreement with the White House, Ian also reached an agreement with his side.

Ian invested 140 billion to acquire all of BP's investment and development rights in the Kirkuk oil field and took over the subsequent work.

They promised to bring the Kirkuk oil field to a production level of 300,000 barrels per day within three years, and Ian would own 68% of the profits from the Kirkuk oil field.

At the same time, Ian Carl will invest another 90 billion to acquire shares in China Petroleum. These two sums, totaling 230 billion, were borrowed from Morgan Linuo. Of course, they can't just pay interest again, but that's okay; they can just borrow new money to repay old debts.

In 03, China Petroleum had a market capitalization of US$350 billion and an annual profit of US$120 billion.

Ian essentially acquired 25.7% of China Petroleum's shares in one go. Combined with the smaller portion he had purchased earlier, he now owns a total of 25.8% of the shares, making him a major shareholder of China Petroleum. Kirkuk's remaining 32% essentially means that he also owns a quarter of the shares.

Of course, if it weren't for the fact that he was Ian Karl, China National Petroleum Corporation (CNPC) wouldn't have allowed him to acquire such a large stake.

Furthermore, they gained another advantage: BP's equipment in Kirkuk ended up in their hands. Even though they had their own technology, they could complement each other's!

Everyone knows what the outcome will be... They'll treat it like a treasure!

BP was unaware that Ian Carr was working with China National Petroleum Corporation (CNPC) and assumed he was working with ExxonMobil. When they found out, they were furious.

What's the use!

I'm an American, and a big shot at that!

Dare to cause me trouble? I'll go to England and find the news!

(End of this chapter)