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17kNovel > The Rise Of Australasia > Chapter 629 - 480: Land Exchange and Royal Oil Company

Chapter 629 - 480: Land Exchange and Royal Oil Company

    Arthur was in a great mood because both giant-ss aircraft carrier tests were very sessful, and Austrsia could be said to be the first country to truly master aircraft carriers.


    Of course, the progress of the British would not be too slow, and Arthur’s investment in the navy would definitely not decrease, let alone be blinded by the current achievements.


    After encouraging and rewarding the personnel involved in the tests, Arthur returned to the royal pce in a good mood, preparing to convene a cab meeting to determine the tasks for the new year of the Austrsian government.


    Frankly speaking, the tasks of Austrsia in 1919 were not few. In addition to the basic tasks of national construction, the relocation n of the new capital and the fourth phase of the Leonora Industrial Base’s construction were all major projects requiringrge funds and great efforts.


    At the cab meeting, Arthur specifically instructed the importance of the quality of the projects, requiring the government to strictly control the quality of all projects and have every cab member held responsible in case of any problem.


    In addition to these constructions, the elections for the new Cab Government will also be held in 1919.


    This made Austrsia’s political arena quite busy after in 1919, as every change of cab government keeps many politicians busy striving for the highest stage of power in their dreams.


    In February 1919, Arthur received more good news - the British Government basically agreed to the exchange of Kuwait and the Truce Nations, allowing Austrsia to obtain the broad Persian Gulf coastline from Sutton Persian Gulf to the United Arab Emirates.


    After thend exchange ispleted, it will also be time to officially exploit the oil resources of the Persian Gulf coast.


    Once news of therge-scale oil exploitation on the Persian Gulf coast spreads, the British will not give up their interests, and the Persian Gulf coast is destined to be controlled by Britain and Austrsia.


    Knowing that with the advent of airnes and tanks, as well as the increasing poprity of cars in the world, oil prices have experienced earth-shaking changespared to over a decade ago.


    Gasoline and diesel made from petroleum are the primary fuels for engines, and various petroleum products also pervade every aspect of the world.


    Another advantage of jointly controlling the Persian Gulf coast with the British is that by leveraging the influence of Britain and Austrsia, they canpletely control international oil prices.


    The Persian Gulf coast has nearly 60% of the world’s oil reserves, and its influence on world oil prices is irreceable.


    With this, it is uncertain whether various ethnic groups and nations in the Middle East can achieve independence as easily as they did in history.


    After all, oil is the most important energy source in the world within the next 100 years, bar none.


    The Middle East region, which has vast oil reserves, is also destined to be a goodie bag for various countries topete for, and will forever be part of the world’s geopolitical disputes.


    Even if these countries can achieve independence, they will still be subject to the influence of more powerful nations or even directly controlled by them.


    After all, everyone knows the principle of an innocent man bearing the guilt for possessing a valuable treasure, and in this world of the survival of the fittest, weak countries with resources are inevitably coveted.


    After thend exchange, the Middle Eastern Colony is still called the Austrsian Persian Gulf Territory, and directly controlled by the Austrsian royal family.


    To smoothly exploit the oil on the Persian Gulf coast, Arthur decided to invest 5 million Australian dors,bined with 5.5 million Australian dors from the government and oil equipment, to establish the Royal Oil Company of Austrsia. The royal family and the government held shares of 40% and 60%, respectively.


    All the big and small oilpanies originally owned by Austrsia were merged into the Royal Oil Company, which would be a symbol of Austrsia’s petroleum industry and a definite world top 500pany from the start.


    Even relying solely on oil from the Persian Gulf coast, the potential of the Royal Oil Company was even expected to reach the world’s top 50.


    The news of Kuwait and the United Arab Emirates swapping did not make big headlines in Britain and Austrsia.


    After all, both regions are located in the Middle East, with smallnd areas and not so high development potential, causing little attention in both countries.


    Even the rification news from the Americans was more heated than these two news items, although not many people believed in the Americans’ rification.


    For the Wilson administration, it is essential to try to divert the responsibility of the American government from the pandemic and separate it from the country.


    As long as the United States remains tied to the pandemic, there is no possibility for the country to expand actively, and its diplomacy will face more restrictions.


    It’s not to say that if President Wilson continues to put forward his theory of establishing a new order, he will be sneered at by European nations as wishful thinking.


    Under the actions of the American government, various news about the pandemic began to circte, with a great effort to shift the me from the pandemic to the corporations and idents.


    However, the credibility of US government which has experienced various events is not too high. The idental theory and corporate threat theory promoted by US government seem to be only believed by some ignorant Americans.


    To argue is one thing, but the Americans are still very active in payingpensation. After all, they know that postwar Europe is indeed short of money.


    N?v(el)B\\jnn


    No matter how much responsibility the Americans bear for the pandemic, the Europeans are determined to ckmail the United States.
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