"Prince Bres, this is Mr. Feng Xiaochen, general manager of our Equipment Industry Company. Mr. Feng, this is Prince Bres, chief representative of Saudi Red Sea Oil Company's representative office in China."

In the small conference room of the equipment company, Wang Genji seriously introduced Feng Xiaochen and a man dressed in the Middle East.

Prince Bres walked forward with a smile on his face, shook hands with Feng Xiaochen, and then planned to give a Middle Eastern style veneer. Feng Xiaochen quickly stopped. He was not a diplomat, so he didn't have to consider diplomatic etiquette, and he gave a veneer to a rough foreign man. This was too much beyond Feng Xiaochen's psychological endurance.

"Prince Bres, please sit down. I am very adventurous to invite you to our company as a guest. I hope you will not delay your precious time." Feng Xiaochen said the scene and greeted the other party to take his seat.

Prince Bres naturally would not care about Feng Xiaochen's impoliteness just now, and he still understood the principle of following the local customs. He thanked Feng Xiaochen, and then sat down with his entourage, waiting for Feng Xiaochen to get to the point.

The Red Sea Oil Company represented by Prince Bres is a large oil company in Saudi Arabia. It controls 30% of Saudi Arabia's oil resources and its annual oil production and export volume also reach about 30% of the entire Saudi Arabia. The Red Sea Oil Company established a representative office in China half a year ago. Prince Bres was also appointed by the company to come to China at that time, intending to sell the Red Sea Company's oil to China.

Saudi Arabia is a world-renowned oil dominant country. Its oil production once ranked first in the world and was surpassed by other countries in a few years. However, in this era, China's cooperation with Saudi Arabia in oil was very weak. China's largest oil source country in the Middle East is Oman, Yemen and Iran, and Saudi Arabia's oil exports to China are very limited.

Based on the total GDP, China is not yet considered an economic powerhouse. Its GDP ranking is even behind Italy and is ranked seventh in the world. However, people with insight have noticed China's unusual growth rate. In the past 20 years, China's average annual economic growth rate has reached more than 8%. If it continues to develop at this rate, within 10 years, China's economy will surpass Italy, France, Britain, and Germany to reach the third place in the world.

While economic development, China's resource imports are also rising rapidly, gradually becoming a buyer that cannot be ignored in the international oil, iron ore and copper ore market. The Saudi government has also observed this situation and realized that it cannot be ignored such a rapidly growing market as China.

In fact, oil tyrants also have their own worries. Only by selling oil can it become wealth. If there are no buyers, no matter how many oil resources are, they will have no effect. Many economic analysts have suggested that the 21st century will be the Chinese century. If any country loses the Chinese market, it will lose the entire century. Prince Bres came to China with this thinking.

In the past six months in China, Prince Bres has visited many Chinese ministries and large oil refining companies, trying to convince them to import more Saudi oil. However, China's oil import pressure is not high at this time. Countries such as Indonesia, Oman, Yemen, Angola can provide China with enough oil, so Prince Bres' lobbying cannot play any role.

Just when Prince Bres was at a loss, an official who claimed to be from the China Equipment Industry Company found his door and invited him to the talks, claiming that the talks might be of great help to the export of Saudi crude oil to China. Bres was also in a hurry to seek medical treatment. Hearing this, he quickly agreed and brought his entourage and a box of gifts to the equipment company at the agreed time.

Among all kinds of literary works and jokes circulating in the market, the Saudi princes are extremely rich and extremely stylish. Bres is also a rich man. His personal wealth is definitely in the top ten of the rich list in China today, but when it comes to style, he has nothing. At least in front of Feng Xiaochen, he must appear very humble.

"Your Highness, I heard that you have been in China for a long time. You must have visited all the famous places and historical sites in China, right?" Feng Xiaochen opened his mouth and chatted with Bres.

Bres smiled politely and said, "I did visit some famous monuments, such as the Great Wall and the Forbidden City, but I haven't had time to visit more monuments because I still have a lot of work to do."

"Yes, work is the most important thing. Your Highness's dedication is worth learning from." Feng Xiaochen said. Although he said this, he could not hear any respect in his tone, which made people feel that he was quite insincere.

Bres could only respond with his own tricks and said, "Mr. General Manager is too modest. The professionalism of you Chinese is the most worthy of our learning."

"Haha, let's learn from each other." Feng Xiaochen responded with a smile, and then asked again: "Your Highness the Prince is working so hard, I guess the results are very gratifying, right?"

"This..." Bres looked a little embarrassed. He had been in China for half a year and had gained nothing. Does the Chinese official in front of him really not know, or did he say this on purpose in order to humiliate himself?

After thinking for a while, Bres decided to tell the truth. He spread his hand to Feng Xiaochen and said, "I am very sorry that I have been in China for more than half a year and have never convinced your official to accept Saudi oil. Your oil companies seem to be more interested in Indonesia and Angola's oil, and in fact, Saudi Arabia is the world's largest oil exporter."

"Does Your Highness the Prince want to know what the reason?" Feng Xiaochen asked.

"Of course I want to!" Breth widened his eyes, "Mr. General Manager, can you tell me the real reason?"

Feng Xiaochen said: "The reason is actually very simple. Your country's oil is high-sulfur oil, which is completely different from our country's low-sulfur oil. Our refining companies cannot use your oil for refining."

"That's the reason?" Breth was a little stunned. Can this be a reason?

"Isn't this reason enough?" Feng Xiaochen asked back with a smile.

Although the oil produced around the world has the same name, its quality varies greatly. According to the proportion of crude oil, it can be divided into light crude oil, intermediate crude oil, heavy crude oil and extra heavy crude oil; according to the sulfur content of crude oil, it can be divided into low-sulfur crude oil, sulfur-containing crude oil and high-sulfur crude oil; according to the composition of wax, it can be divided into low-wax crude oil, wax-containing crude oil, high-wax crude oil; and paraffin-based crude oil, intermediate-based crude oil, cycloalkyl crude oil, etc. divided by chemical composition.

Depending on the quality of crude oil, people need to design different refining process flows, which not only involve differences in refining methods, but also differences in refining products. For example, some crude oil is suitable for the production of gasoline and diesel, while some crude oil is suitable for the production of lubricating oil, aromatic chemical raw materials and light hydrocarbon chemical raw materials. At the beginning of design, a refinery must consider market demand and the types of crude oil that will be used in the future to determine a reasonable process flow. Of course, the process flow of the refinery is also adaptable. It does not mean that it cannot be produced after changing the oil product, but when other oil products are used for production, the efficiency will be greatly affected.

Before the 1990s, China was a country with self-sufficiency in crude oil, and refineries were designed according to the characteristics of Daqing Petroleum. Daqing Petroleum is a typical low-sulfur oil, which is in sharp contrast to the high-sulfur oil in the Middle East. Since domestic refineries have always been designed based on refining low-sulfur oil, when importing crude oil, oil companies also tend to choose Indonesian and African oil with the same low-sulfur oil. Saudi oil cannot be favored by domestic refineries, which is this reason.

"However, countries around the world can refine high-sulfur oil. After all, there are much more high-sulfur oil on the earth than low-sulfur oil. Have you ever considered using high-sulfur oil?" Bres was a little crazy. Of course, he knew the difference between high-sulfur oil and low-sulfur oil, and he also knew that refining these two types of oil requires different production processes. However, different production processes should not be a reason to reject Saudi oil.

Feng Xiaochen said seriously: "Your Highness Prince, you should know that most of China's current refineries are designed according to refining low-sulfur oil, and the two new refineries we are preparing to build with an annual refining capacity of more than 10 million tons will also be designed according to the process of refining low-sulfur oil, so..."

"Let's go!" Bres suddenly grasped the mystery in Feng Xiaochen's words and asked, "Sir General Manager, are you saying that China will build two new refineries with an annual output of more than 10 million tons?"

"That's true." Feng Xiaochen said, "China's economy is developing very fast. Our current refined oil gap is very large. In the next few years, we will increase the construction of refineries so that our refined oil supply capacity can keep up with the demand for economic development."

"So, why haven't you considered designing the newly built refinery process to high-sulfur oil suitable for our Middle East? Don't you think the Middle East is the most stable oil supply?" Bres asked.

Feng Xiaochen nodded and said, "As far as I know, China's Development Planning Commission has also seriously discussed this issue. There is a group of opinions that the Middle East has sufficient oil supply, and our country should increase oil imports from the Middle East in the future. To this end, the newly built refineries should be designed according to the process of refining high-sulfur oil."

"This is completely correct!" Breth couldn't wait to shout.

Feng Xiaochen smiled and said, "But there is another faction that the technology of high-sulfur oil processing is difficult and the investment is too high. my country is a country with severe shortage of funds and should use limited funds to build more refineries. As for crude oil supply, Indonesia, Malaysia, Angola and Australia have a large amount of low-sulfur oil. Why do we have to spend such a large cost to use high-sulfur oil?"
Chapter completed!