Chapter 159 Oil is out (for collection)

"Do Tripoli and Cyrenaica have oil?" Italian Prime Minister Giovanni Giolitti convened experts and scholars on oil and asked them this question.

"Your Excellency, how can there be oil there? We have explored there a long time ago, and there is no oil there at all!" Italian experts and scholars answered Giovanni Giolitti in this way.

Although there are still some doubts in his mind, Giovanni Giolitti no longer dwells on this issue. Even if Tripoli and Cyrenaica do have oil, it would be worth it if they could use it to repair relations with the German Empire. However, Giovanni? Giolitti also thinks, how can there be oil in North Africa, which is a desert?

Giovanni Giolitti instructed the Italian envoy to agree to Qin Tian's request. However, just in case the Germans did find oil in North Africa, Giovanni Giolitti demanded that the Italian government receive a 40 percent share of future North African oil revenues.

After all, Italy is also a country that is extremely short of oil. If there is oil in North Africa, it can be directly shipped back to China by sea. In that case, it is far more cost-effective than buying from other countries.

Qin Tian did not refuse the request of the Italians.

Now Germany is storing oil on a large scale. With most of the navy's warships using oil-fired boilers, the army's large-scale procurement of trucks, and the increasing number of private car ownership, Germany's consumption of oil is also increasing. In order to obtain the most oil at the least cost, Qin Tian decided to exploit the oil in North Africa after careful consideration. Although, once the war broke out, the oil fields there would definitely fall into the hands of the Allies. But Qin Tian believes that after one or two years of exploitation, Germany can store enough oil. In this case, it will basically be able to deal with future wars. When the war is won, the oil fields will naturally be taken back. Moreover, it can also be used as a reason to further extort more wealth from the defeated country.

With the support of Germany, the Kingdom of Italy has more confidence in this war.

On the pretext of unfair treatment of Italians in Tripolitania and Cyrenaica, the Kingdom of Italy preemptively issued an ultimatum to Turkey on September 28, 1911, threatening to invade the above-mentioned areas before sending troops to North Africa. Turkey called on all countries to stop Italy's invasion attempt, but all major countries persuaded Turkey to accept Italy's request. In this case, the Italian-Turkish war broke out.

Although the combat effectiveness of the Italian army is very good, the Ottoman Turkish Empire, the sick man of West Asia, is not much stronger. Although, the resistance of the Ottoman Turkish Empire and the locals caused heavy losses to the Kingdom of Italy. However, when Italy sent as many as 100,000 troops to the battlefield, the Ottoman Turkish Empire could not continue to fight.

This war, which lasted for nearly a year, ended in a disastrous defeat for the Ottoman Turkish Empire. The Treaty between the Kingdom of Italy and the Ottoman Empire was signed on 18 October 1912 at Uchy, near Lausanne.

The treaty stipulated that the Ottoman Empire must withdraw all military personnel from the Benghazi province, but in return Italy would return Rhodes and 12 islands close to the Ottoman Empire. The province of Benghazi will have a special status, with a regent and judges representing the caliphate. Before appointing these regents and judges, the Ottoman Turks would consult the Italian government. The Ottoman government will be responsible for the costs of the regency and judges.

This makes the Ottoman Turkish Empire still own these territories in name. But in fact, these territories have become Italian colonies and are under Italian control.

It is extremely beneficial for Qin Tian that the Kingdom of Italy won this war. Before the signing of the treaty, the Deutsche Energy Company, which had been prepared for a long time, immediately sent a large number of exploration experts and engineers into Cyrenaica and went straight to the Siert Basin. You know, the oil in the Siirt Basin accounts for 80% of all oil reserves in Libya in later generations. Libya's oil reserves rank ninth in the world and first in Africa.

Although, many people doubt whether there is oil in North Africa, a desert. However, Moritz, the general manager of Deutsche Energy, is convinced. He personally led the team to search for oil in the Siirt Basin.

Perhaps because of God's blessing, they drilled the first high-yield oil well in the Siirt Basin just a month later.

Almost everyone was stunned. Everyone did not expect that there is so much oil buried under a piece of yellow sand here.

On the one hand, Moritz organized people to carry out further exploration, on the other hand, he immediately reported to the country.

After Qin Tian received the news, he finally breathed a sigh of relief.

"Carl, from now on, Deutsche Industries Group will fully support the energy company's oil exploration in Cyrenaica, and find a way to repair the oil pipeline in the shortest possible time to transport the oil there. In addition, domestic oil storage facilities The construction of the country also needs to be accelerated. We need to reserve more oil for future wars!" Qin Tian ordered.

Although the current oil price is still relatively low, it is naturally cheaper to store the oil you mine yourself than to buy it from outside, and you don't have to worry about getting stuck.

"Yes, Your Highness." Karl von Jonneret nodded excitedly. He also knew how important the oil fields discovered in Cyrenaica were to Germany.

Deutsche Energy Company found oil in Cyrenaica, which made other countries full of envy and jealousy. Especially the Ottoman Turkish Empire that just lost Cyrenaica and the Italian government that handed over the oil exploration rights to Deutsche Energy Company are crying without tears. If there was regret medicine, they would never do such a thing. Especially the Italian government, now can only watch the Deutsche Energy Company exploit the oil there. Although, they can get forty percent. But who would want the forty percent if they could swallow it all?

Of course, in the face of the powerful German Empire, the Italian government did not have the courage to repent, so it could only admit it with its nose.

Countries such as Britain and France are worried. Germany has obtained a large amount of oil, which will free Germany from the dilemma of energy shortage, and it is a huge threat to them.