We're building a super chaebol in Hong Kong

Of course, even if Tianwen Petroleum Company's two refineries now refine all the oil they have stockpiled, they wouldn't need to take any from those 170 million barrels of crude oil.

Because the oil field in Brunei is already in the trial production stage.

The refining capacity of these two refineries is not very high to begin with, so even if the oil field is only in trial production, it can easily supply them.

This oil field can be said to be extremely valuable.

Initially, Su Cheng only relied on the investment in development equipment and manpower to obtain the development rights for this oil field.

Although half of the oil has to be shared with the Brunei government, Su Cheng's Tianwen Petroleum Company has the priority to purchase that half of the crude oil first.

Therefore, this oil field in Brunei will continuously provide crude oil to Tianwen Petroleum Company until the oil field is depleted.

The total reserves of this oil field in Brunei reach 1.1 billion tons, and this amount can be extracted for many years.

Internationally, each barrel of crude oil is equal to 0.137 tons of oil, so Su Cheng's 170 million barrels of crude oil only amount to 23.29 million tons of crude oil.

This shows how large the reserves of this oil field are!

Last year, Brunei's total annual oil production was only 11 million tons.

Of course, this is also because the Brunei government's industrial strength is weak and unable to carry out large-scale extraction.

This is why they wanted to find partners to develop the oil field after discovering it.

The Brunei government's own industrial capabilities were too poor, and they simply did not have the extra capacity to develop this oil field, but they couldn't just leave it undeveloped, so recruiting partners to develop it, allowing them to do nothing and make money, was the best solution.

Currently, the extraction speed of the oil field developed by Su Cheng is not fast either, after all, Tianwen Petroleum Company is a new company.

However, once Su Cheng's Tianwen Petroleum Company develops in the future, the extraction speed will also increase and reach international advanced levels for sure.

As long as you are willing to invest money, anything is possible.

Hearing Su Cheng's words, Li Yihui was naturally very happy, so he could confidently devote himself to developing Tianwen Petroleum Company.

"Boss, now many petrochemical companies from various countries are applying to us to purchase crude oil. Are we still selling crude oil?" Li Yihui asked.

"Sell, of course, we have to sell. Sell as much as we have. You also help me handle the sale of oil. As for your side, refine as much as you can. Moreover, even if these 170 million barrels of crude oil are all sold, the Brunei oil field will still have a continuous supply of crude oil!" Su Cheng said with a smile.

Li Yihui can get a commission from the profits generated from selling the refined crude oil, so he is naturally very enthusiastic.

Selling crude oil directly is the quickest method, and you can earn a lot without doing almost anything.

However, if they can earn more, Su Cheng will certainly not miss out.

However, even if Li Yihui increases Tianwen Petroleum Company's refining capacity tenfold or even more, it is impossible to refine all of these 170 million barrels of crude oil.

Therefore, they will definitely continue to sell.

Moreover, based on the current situation, the 170 million barrels of crude oil will definitely not be sold out so quickly.

After all, the petrochemical companies seeking to purchase crude oil from Tianwen Petroleum Company are basically companies not far from Hong Kong, mainly in East Asia and Southeast Asia.

They are not only buying oil from Tianwen Petroleum Company. While buying oil from here, they will also buy oil from other oil-producing countries.

Moreover, in the current situation, it is certainly possible to buy them at a very low price.

After all, there are now many refineries that have no oil to refine and are in a state of shutdown and suspension of production.

If they don't sell, they will be losing money every day. Stronger bosses are fine, but for weaker bosses, the best way is definitely to cut their losses in time and sell the refineries as soon as possible.

Gas stations are the same. Weak bosses cannot get gasoline and diesel, so they can only stop work and production; strong gas stations naturally have their own channels to get oil.

So, this can also be regarded as a process of survival of the fittest.

In the past month or two, relying on the two refineries, Tianwen Petroleum Company has made a lot of money.

So, Tianwen Petroleum Company's account balance is still good, and buying some refineries is easy. Expanding production capacity tenfold is not a problem at all.

The current problem is the location.

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Li Yihui naturally prefers to buy refineries in Hong Kong and Singapore.

However, there are not many refineries in Hong Kong itself, so there are naturally not many target choices.

In Singapore, because the government has always attached great importance to the energy industry, in addition to those international giant petrochemical companies, many private refineries have also emerged in Singapore.

These are also Li Yihui's most important considerations.

Li Yihui is a Singaporean and has worked there for so many years, so his connections are very strong, and he basically knows everyone well.

A few months ago, he was still the vice president of the Singapore Petroleum Industry Association.

Therefore, he can save a lot of time and money by acquiring refineries in Singapore.

"Boss, I will arrange everything properly. I will also be responsible for the sale of oil to the end. I will also take immediate action on the refinery matter. I don't know how long this oil crisis will last. I hope to take advantage of this oil crisis to develop and expand our Tianwen Petroleum Company. Otherwise, if we miss this rare opportunity, we don't know when we will encounter it again," Li Yihui said seriously.

"I very much agree with what you said. The oil crisis is a very good opportunity for Tianwen Petroleum Company. If it were other oil companies, they might not have such an opportunity. However, before the oil crisis broke out, I not only stockpiled so much crude oil, but also signed a large oil field for Tianwen Petroleum Company. All of this is an opportunity for the development of Tianwen Petroleum Company," Su Cheng laughed.

Stockpiling oil was something he had planned long ago, but the oil field was completely an accident.

When he approached Governor Murray MacLehose, he didn't expect to receive such an unexpected surprise.

Su Cheng talked with Li Yihui for nearly two hours, and then asked bodyguard Lao Liu to send him back to the Nanyang Refinery.

After Li Yihui left the villa, Su Cheng directly called Wei Li, the president of Hutchison Whampoa Group.

Su Cheng very much agrees with their strategy, so naturally he wants to strongly support it.

However, Hutchison Whampoa does not lack funds now, and does not need Su Cheng, the boss, to invest money. Simply supporting them in attitude is the greatest support for Wei Li.