After accompanying Mei Jiangxue in Mingzhu City, Jiang Feng finally took his own private plane and left Mingzhu City for the capital.

When Jiang Feng's plane took off from Pearl International Airport and plunged into the sky, Jiang Feng's thoughts also flew away.

During this trip to the East China Sea, he not only did one thing for the country, but also killed Oda Kenmi and avenged himself, and at the same time, he also learned one thing from Lingxi No. 1, that is, the development of "zìyóu Goda Racha" in Sriwijaya is very smooth, and he is already planning to do something in the near future.

Originally, two years ago, Zìyóu Goda Racha was extremely suppressed by the Three Buddhas for various reasons, and he was almost on the verge of extinction. However, with the support of Jiang Feng and the "Dragon's Tooth" organization, they developed rapidly, and in the past two years, they have completely controlled the Godalacha region.

Moreover, Zìyóu Goda Racha has also quietly immersed its influence in the central area of Srivijaya, especially the capital of Srivijaya Coconut City. At the end of last month, more than 3,000 armed recruits from Zìyóu Godalacha had infiltrated Coconut City, plus the 2,000 members of the Dragon's Tooth Organization in Coconut City, which was already a very considerable armed force.

Not only that, but because of the financial support of the dragon's tooth, Zìyóu Godalacha also co-opted and corrupted many Sriwijaya dignitaries, which is also the key reason why Zìyóu Godalacha and Dragon's Tooth were able to sneak so much power into Coconut City.

Both Zìyóu Gothalacha and Dragon's Tooth are ready to stage a coup d'état in the near future to seize power in Srivijayaja.

At the same time, Dragon's Tooth had persuaded the leaders of Sriwijaya to move the Huayi who were willing to leave to Ambona Island in the South China Sea after Zìyóu Goddaracha took power in Sriwijaya. There, a fully autonomous Hagi region will be formed. This is the basic condition for the cooperation between Dragon's Tooth and Zìyóu Godalacha.

These are not the things that Jiang Feng is thinking about at this time, he is thinking about other things, that is, mining in Sriwijaya, especially oil and gas, Sriwijaya is very rich in these two energy sources.

In China, as a monopoly industry with huge profits, zhèngfǔ is definitely reluctant to allow not to enter the oil industry. Otherwise, if he really allows himself to enter the petrochemical industry, it is estimated that the two major oil companies will have to go bankrupt in less than three years, but this is not what he is boasting about.

Whether it is from the perspective of grassroots units or from the top management of the two major oil companies, they are eating monopoly food, although it cannot be said that there is no courage to forge ahead, but there are very few, and the competitiveness is even weaker and outrageous. Without the protection of the policy, there is really no way to survive.

From this point of view, although the monopoly of the telecommunications industry is also very serious, there is still an atmosphere of competition between them, at least in terms of technological progress, much better than the two major oil companies.

Moreover, although the telecommunications industry has not opened up to itself, it has participated in the network operation service, which can also explain the progress of the telecommunications industry from the side.

However, although there is no opportunity or plan to enter the petrochemical industry at present, in the long run, this will happen sooner or later. Therefore, Jiang Feng also feels that it is also very important for him to choose Jiangzhou City as the first strategic development area, at least he can use his brains more on the periphery of the petrochemical industry, and various manufacturing equipment should be able to be launched first, once there is that opportunity, he can also enter this industry at any time.

Of course, this is more difficult, Bijing's two major oil companies have monopolized a lot of oil and gas resources, and there are indeed very few things left in China.

In fact, Jiang Feng is already acting in this way, first the "hand of Satan" controlled several countries in Africa that are rich in iron ore, copper ore and oil resources, and now the dragon's tooth indirectly controls Sriwijaya, which is extremely rich in oil and gas resources, and he has a basis for intervening in the petrochemical industry abroad.

Overall, the social situation in Sriwijaya under the indirect control of Dragon's Tooth will soon stabilize, and it is time to invest in Sriwijaya oil and gas resources. The most important thing is that although the international oil price seems to be rising, it is still profitable compared to the price after rì. Whether in terms of profitability or from the perspective of the strategy of increasing oil reserves, it is necessary to occupy the oil and gas market in Sriwijayaya.

For a long time, due to the chaotic situation in Sriwijaya, this country has been one of the regions that the international community is not optimistic about. Although there are also abundant oil and gas resources, investors do not agree with the development here. Therefore, many resources are in a situation where they cannot be seen and touched, and Jiang Feng is about to completely complete the Three Buddhas, so he naturally has a reason to eat this big cake.

Unlike Jiang Feng's optimism about the development of overseas oil and gas resources, the reform of the two major domestic oil companies is in a dilemma at this time.

Since the Asian financial turmoil swept the world in 1998 and brought the world economy to a slump, it has seriously led to a decline in global oil demand. At that time, the price of oil fell below $10 per barrel, which caused huge losses for the world's major oil producers.

Under such circumstances, the 11 OPEC member countries began to implement the policy of limiting production and guaranteeing prices in March 1999, which effectively restrained the further decline in oil prices.

In the new millennium, international crude oil prices have completely come out of the trough of the previous two years, and the price of West Texas Intermediate (WTL) crude oil in the United States has soared from $21 per barrel in early 2000 to continue to rise. Due to the soaring oil prices, the prices of high-end products in the oil consumption market continue to rise.

In China, since June 1, 1998, China has begun to implement the linkage between domestic crude oil prices and international market prices, and the price of refined oil products will begin to be in line with the international market oil prices in May 2001. The price of crude oil purchased and sold between the two major oil companies will be determined by PetroChina and Sinopec through negotiation, and the settlement price between the two parties will be composed of the benchmark price of crude oil, the discount for transportation and miscellaneous expenses, and the discount for quality.

In 1998, China's petroleum and petrochemical industry implemented a strategic reorganization and established two super-large enterprise group companies, PetroChina and Sinopec. Previously, the pattern has been that CNPC controls oil production, while Sinopec controls downstream crude refining. It was not until mid-1998 that the two companies began to transfer assets to each other. PetroChina's parent company, PetroChina, received some of Sinopec's refinery assets, while Sinopec was able to inject some of its oilfield assets.

The purpose of this arrangement is to set up two oil companies that will integrate their upstream and downstream businesses, so that the two companies will have limited competition in China, and perhaps in the future, they may break out of the country and become two Chinese oil companies with international influence. In the process of carrying out this huge asset restructuring, the Yangtze River became the dividing line between the assets of the two companies. CNPC and PetroChina will control assets north of the Yangtze River, while Sinopec will control assets south of the Yangtze River.

At the end of 1999, PetroChina Yaoran Gas Co., Ltd. was registered with the State Administration for Industry and Commerce, mainly engaged in oil and gas exploration and development, oil refining and chemical industry, pipeline transportation, sales and other businesses, with more than 50 member enterprises and total assets of more than 400 billion yuan.

For the split of PetroChina and Sinopec, many people believe that this is the huge loss of China's best state-owned assets and the monopoly of industry expansion, PetroChina quickly abandoned the advanced historical experience since large-scale industrialization, and the rapid deconstruction of the petroleum industry cultural system in the historical process of political and economic compromise, which led to the collapse of the industrial chain centered on petroleum and petrochemical in the national economy since the 60s.

In the historical hardships of non-core enterprises, huge oil profits flowed to the international Gong Duan Capital Group.

As China's best state-owned asset, PetroChina's split and overseas listing is also the biggest economic problem in contemporary China: what is the reason for the split of the complete oil industry system established entirely by relying on China's own strength?

A representative of the Beijing office of the Goldman Sachs consortium in the United States once said that he was most proud of being able to participate in the reform of the entire oil industry. At that time, there were only two options: either let China continue to maintain an oil company with 1.5 million employees, which could be in a desperate situation in 10 years' time, or China could restructure the company into a beautiful and competitive international oil company.

In fact, the future of this huge oil company is not as worrisome as expressed by this naïve chief representative, it has a relatively dúlì oil and gas exploration and development, petrochemical industry, oil field construction and other systems, production command system, operation and management system, scientific research and development system, logistics system, water supply system, power supply system, heating system, communication system, jīng fine chemical industry, machinery manufacturing, medical security, and diversified business development system, agricultural and industrial system, education system, real estate development system, It has provided huge economic support for China's economy for a long time, known as the party's economic foundation, and has provided valuable advanced experience to China's national industry with a complete industrial management system.

Taking the Daqing Oilfield as an example, this industrial system that has developed independently and self-reliance since China's industrialization, with an annual output of more than 50 million tons, and 27 years of high and stable production have created a miracle in the history of similar oilfields in the world. The results of exploration and development of Daqing Oilfield and major projects such as two bombs and one satellite have been recorded in the history of China's science and technology exhibition. By the end of 2000, the Daqing Oilfield had produced nearly 1.6 billion tons of crude oil, accounting for more than 40% of the country's total output in the same period. It exported 350 million tons of crude oil and earned nearly $50 billion in foreign exchange.

The Daqing Oilfield has been evaluated as a high-quality and efficient oilfield by the world's oil circles, and it is really impossible to see that there is anything wrong with the ownership system, nor can we see any reason why PetroChina needs the participation of international oil monopoly capital.

At present, the two major oil companies are fighting for terminal resources, competing to buy gas station resources in various places, resulting in a large loss of state-owned assets.

PetroChina's total assets account for about 5 percent of the total assets of state-owned enterprises, but the profits account for about 25 percent of the profits of the entire state-owned enterprises, which plays a pivotal role in China's national industry.

Why should such a high-quality national industry be transformed into a joint-stock system? Is there a huge existential crisis or is there something else going on? Is it the chaos of the superstructure that leads to the chaos of the economic base?

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