CHAPTER 1318: CHAPTER 1135: OVERPROMISING FOR GREAT PROFITS_3

After marking the location of Crete, Joe Ga moved the pen tip a small distance to the right and strongly pointed at the position above Greece’s Salia Island and Kasos Island, saying: "The Aegean Sea has proven natural gas reserves of 3.7 trillion cubic meters and oil reserves of 1.7 billion barrels.

This location has already proven gas fields...

The Greeks owe me, but they definitely don’t have the money to repay.

I’m planning to invest in an offshore drilling platform to develop natural gas and let the Greeks repay the debt with natural gas."

Saying this, Joe Ga looked at the surprised Xiao Ma and smiled as he said: "As a friend, I think that if you or your family are interested, you can form an energy company, and then I’ll invest the funds to develop the underwater gas."

Xiao Ma, curious, said: "Hu Lang, how do you plan to make a profit?

The current natural gas prices in Europe are very low. Forming an energy company is simple, but investing in an offshore drilling platform requires at least an investment of 100 million euros, and because it’s an offshore platform, the costs for extraction, management, and transportation will increase significantly.

The Mediterranean has huge natural gas reserves, but there’s a reason why no one is extracting it: the cost of extracting the gas would far exceed the market price."

Joe Ga, hearing this, smiled and drew a line between the drilling platform and Crete, saying: "So, just having a platform is not enough; we also need a pipeline.

The distance here is only about 60 kilometers from Crete, so the cost of the underwater pipeline won’t be too exaggerated.

Although the cost is still higher than importing gas from Russia, my objective is not purely to sell the extracted gas.

The second phase of Greece’s Crete development bonds will definitely not be sold; infrastructure issues there relate to development speed.

That is a 9,000 square kilometer island, with future plans to integrate tourism, entertainment, energy, and storage and a series of infrastructures, with casinos and numerous industries, so the population is definitely not an issue, and thus, the demand for energy will be very large.

I want to build a large power plant on Crete, to generate electricity using natural gas, and then supply the entire island’s energy needs.

I’ve even found workers from the East W region!

With my high costs, a slightly higher electricity price on the island shouldn’t bother casino tycoons like Albert II too much.

And in the future, if anything goes wrong in Russia, this gas field will make a lot of money."

Joe Ga, looking at the amazed Xiao Ma, smiled and said: "Buddy, find someone to register an energy company in France, I’ll invest, and you take 5% of the shares.

Since it will be Fremch company’s drilling platform, then having the navy patrol nearby to prevent Turkey’s harassment becomes legitimate!

Freedom of navigation, everyone can understand that, right?"

Xiao Ma looked at the incredible Joe boss and said: "Hu Lang, what are you aiming for by helping Greece so much?

Were you indebted to them in a past life?"

Joe Ga spread his hands and said: "Business is business, big investment brings big returns!

And as a Greek citizen, I’m genuinely eager to help Greece out of its predicament as soon as possible..."

Xiao Ma looked at Joe Ga, who shows no fear in lying heaven smiting, and shook his head with a chuckle, saying: "Alright, how do I cooperate with you?"

Joe Ga laughed heartily and said: "We’re all friends, so later, I’ll hold onto Kiplas, and you will empty his pockets..."

Xiao Ma widened his eyes...