Chapter 81

Ten thousand thanks to "Love Me and Shout My Name," "Family 'Lonely Ghost'," "Follow the Flow," and "Love is Fate" for their generous donations!!!

Monk is not unwilling to add more updates, but the most important thing is stable updates, right? Monk still has a job, and compared to those who are full-time, there's no way to compare. Stable updates are the key, and I hope everyone can understand!!!

Jifeng did not completely cut off his retreat. There are still larger oil fields in the Asian seas. Although the Middle East is recognized as the key region for oil production, there are still two larger oil fields waiting to be discovered in the Western Pacific. However, that will be after he recovers the islands. Even if it takes another ten to twenty years, no one will discover them.

Jifeng then discussed other issues of concern with the few people and provided answers to each one. For example, regarding the sales of the oil drilling platforms, how could Jifeng agree? That thing is not a product of this world, and he has no intention of reselling it. He will wait until he has the manufacturing technology to meet his own needs and then sell any surplus.

Finally, Jifeng reaffirmed that Jeju Island is open. Although it is his private island, he will not target any country or region in terms of related industries and commodity demand. As long as the quality of the goods is up to standard, he welcomes them to export to Jeju Island.

At 3:00 PM, the few people jointly attended the signing ceremony. Under the witness of countless journalists and guests, everyone personally signed the revised energy import contract. After exchanging the contracts, Jifeng reassured everyone that he would supply oil to everyone within the year. They could start preparing the oil tankers after they returned. Of course, Jeju Energy Group could also transport the oil directly to them, and even South Korea could be allowed to build a submarine pipeline, which would save them the trouble of transporting oil by tanker every day.

The Premier of China's eyes also lit up, but he then shook his head. With only a 155 million-ton oil field and Jifeng increasing production to such a high level, it would probably be exhausted in a few years. Building a pipeline would not be worth it.

Perhaps seeing the Premier's concern, Jifeng did not point it out. The specific reserve figures he would not tell anyone else; only he and Jin Tonghao knew. Once this information was out, it would cause unnecessary trouble.

The Prime Minister was also considering this issue and said to Jifeng, "We in Japan also hope to obtain a submarine pipeline to meet our growing oil demand. I hope Mr. Ji can consider it."

Jifeng smiled and said, "Of course, no problem, but this will require your own investment. We will only supply the oil, and the transportation issues should be resolved by your country. As you know, we do not have the relevant industry, and even if we invest, we will need to seek solutions and resources from other countries."

The Prime Minister smiled and agreed. As long as Japan was allowed to build the pipeline, although it would cost a lot of money, it would be more suitable than transporting oil by ship every day. At least the pipeline would not be affected by typhoons.

After the signing, Jifeng sent the few VIPs to the airport and watched their private jets take off before rushing back to the hotel. Little Jin did not plan to leave today, so the floors and rooms Jifeng had vacated were all prepared for him.

After the Jeju Energy Group signed the oil export agreements with five countries or regions, the news was broadcast in each country that evening. The news also reported that the single-well daily production would reach 80,000 tons, which immediately shocked the oil industry.

It is worth noting that the single-well daily production in the country is usually only a few dozen tons, and wells producing over 100 tons are considered high-yield. However, the Feiyang oil field produces 80,000 tons per day, which is a huge difference.

Fortunately, the news then mentioned that the Feiyang oil field uses the latest technology and results provided by Jifeng, and the oil pipeline has a terrifying diameter of 680 mm, which somewhat alleviated the shock. After all, their pipelines are much thicker, and it is reasonable for the production to be several times higher.

However, the single-well production figure of the Feiyang oil field still shocked the world's oil industry, especially the major oil companies and countries, which all requested to visit the Feiyang oil field. If possible, they hoped to cooperate with the Jeju Energy Group in the oil sector. Everyone knows that the Jeju Energy Group does not have its own petrochemical refining base.

Jifeng knew that this would attract attention, and there was no way to prevent it. He decided to let them visit the adaptive drilling well No. 1, but he would not allow them to visit other drilling platforms or exploration processes, which he needed to keep confidential. He also reminded all business delegations to book hotels on the island in advance to avoid the embarrassment of having no place to stay.

The island's tourism market has been booming since the New Year due to the four Teddy bears. So far, there has been no sign of cooling down, and with the arrival of spring, the number of tourists hoping to visit is increasing, making the not-so-small island crowded. Some tourists have even complained that coming to the island is like watching people.

Although the government has taken some measures, such as limiting the total number of tourists, the pressure is still significant, and sometimes they can only turn a blind eye.

Back at the hotel, Jifeng saw Little Jin walking in the hotel garden, accompanied by his wife Xu Xian. Seeing the two of them chatting happily, Jifeng smiled and walked over. "What are you two talking about? So happy." After all, they both speak the same language and share the same roots, so communication is not a problem.

Xu Xian smiled and walked up, holding Jifeng's arm. "I'm listening to Chairman Jin talk about the scenery in North Korea. Chairman Jin invited us to visit when we have time. What do you think?"

Seeing Xu Xian's slightly expectant look, Jifeng smiled. "Sure, as long as you're happy, I'll go anywhere with you." His affection for Xu Xian was evident.

Little Jin, seeing this, was a bit envious of Jifeng and laughed. "I welcome Brother Ji and Sister to visit North Korea anytime, especially during this warm and blooming season. It will get hot in North Korea soon."

Jifeng nodded slightly, and Xu Xian smiled and said goodbye to Little Jin. "Chairman Jin, you continue chatting. I'll go check on the dinner preparations."

Little Jin watched Xu Xian turn and leave, then smiled at Jifeng. "Brother Ji has a beautiful and virtuous wife."

Jifeng thought, "Do I need to say that? My wife is the best." "She is indeed very good. Chairman Jin, let's talk about investment. What industries can you open to me? I assume you have some understanding of me. I only have a few industries, and I can't involve myself in others. I'm already grateful to be able to manage the ones I have."

Little Jin smiled. "Yes, I have some understanding. As long as you have the industry, I can open it to you."

Jifeng tilted his head and looked at him, curious. "Open to me? To what extent? I want to reiterate that I will not get involved in your so-called ethnic, political, or national issues. I am only interested in business, and I hope you do not involve me in those areas. I have no interest in them."

Little Jin smiled. "Energy, finance, insurance, aviation, and transportation can all be involved. I also welcome your hotel and catering group to invest in North Korea, but I require joint ventures. As you know, our technology is not very advanced, and I admit that. I hope you can use better technology to help us develop our economy. In return, you can get more benefits, and even full market access in North Korea."

Jifeng thought for a moment. Although he had returned most of his university courses to his teachers, he still retained some knowledge. With the recent months of practice and familiarity, Jifeng was not completely clueless about business. "New technology is not a problem, but I am concerned about how long it will take to recover my investment. For example, in the energy sector, if it's just refining, I can do it anywhere. Unless you open the refined oil market to me. For the financial market, I can also set up a bank in North Korea, but I must have controlling shares. If you cannot guarantee this, I cannot make a decision."

Jifeng knew that the civilian refined oil market in North Korea was almost impossible to lose money, but he was more concerned about the future market. Seeing that Little Jin was really serious about reform, with the development of North Korea's economy, more vehicles would be on the roads, and those vehicles would need fuel. Other countries would not have the opportunity to enter, but North Korea was different. It was a blank market with over 24 million people.

Originally, he thought his demands were too much, but to his surprise, Little Jin laughed. "Of course, these are not problems. You can have controlling shares and full access to all energy markets, but you must help me develop North Korea's energy industry. As you said, cooperation with you does not come with any political conditions, which I value. We will have a purely commercial relationship. I also like this. Western and neighboring countries want to enter North Korea, but their intentions are suspicious, so I can only trust you for now."

Jifeng was taken aback and then smiled, extending his hand. "Let's wish for a pleasant cooperation."

"Pleasant cooperation!" Little Jin also extended his hand. The two young men, who would shape the future of North Korea's economy, shook hands, deciding the economic development pattern and trend of North Korea for the next few decades. When Jifeng looked back years later, he realized that his enterprises in North Korea almost covered the entire life cycle of the North Korean people, from birth to death. No matter how the North Korean people lived, they could not avoid the services and products provided by his enterprises.

(An office colleague, a woman, just came back from the toilet and casually touched the head of a male colleague sitting next to her, praising his hairstyle. The male colleague angrily said, "Don't touch my head with your hand after you've been to the toilet!" The female colleague was silent for 2 seconds and said, "Do you think I need to use my hands to go to the toilet like you?" Everyone burst out laughing!)

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