We're building a super chaebol in Hong Kong

Su Cheng was very supportive of purchasing refineries and expanding Tianwen Petroleum's refining capacity.

After all, even if the refining capacity of the Tuen Mun oil base was large, it could not be completed in a short period.

Moreover, Su Cheng's ambition was to build Tianwen Petroleum into a world-class oil company.

Relying solely on the Tuen Mun oil base would naturally not satisfy Su Cheng.

Furthermore, only by expanding Tianwen Petroleum's refining capacity could Heji Petroleum's gas stations continue to increase their chain stores.

Tianwen Petroleum and Heji Petroleum complemented each other.

With Heji Petroleum's gas stations, Tianwen Petroleum would not have to worry about finding sales channels for its refined oil.

With Tianwen Petroleum's large-scale refining capacity, Heji Petroleum's gas stations would not have to worry about not having well-refined oil.

"Boss, why can't we buy the Indonesian refinery?" Li Yihui asked in surprise.

The Indonesian refinery had an annual refining capacity of 6 million tons of crude oil, which was indeed considered a large refinery in this era.

Therefore, Li Yihui felt that acquiring this refinery would greatly help Tianwen Petroleum.

However, he didn't understand why Su Cheng was so directly opposed to acquiring the refinery there.

"I don't like the business environment there; there are great risks," Su Cheng said simply.

He developed businesses in places with relatively good business environments. As for risky places, he would not invest in them.

They are not friendly to outsiders there. Investing there in such a business environment? It would be better to just throw the money away.

Moreover, even if it was really needed, he could find a replacement refinery with a little time.

After all, he hadn't been in the oil industry for nothing these years.

"I'll find a negotiation team to assist you in negotiating prices with them," Su Cheng said with a smile.

Before, when he bought Wandehan Bank, he sent a team of negotiation experts to assist in the negotiations, which not only smoothly acquired Wandehan Bank but also acquired it at a low price.

"No problem, boss," Li Yihui nodded.

Apart from the Indonesian refinery, the total quoted price for the remaining 12 refineries currently required more than 500 million Hong Kong dollars.

Among them, the quotation for the Singaporean refinery exceeded 100 million Hong Kong dollars.

Of course, these intended selling prices were definitely quoted high.

Therefore, there was still a lot of room for negotiation.

In this period of relatively poor market economy, Su Cheng could wield his dragon-slaying saber and bargain to his heart's content.

Li Yihui was not a professional in this area, so if he relied solely on him, Su Cheng would definitely have to spend a lot more money.

Although he had a lot of money now, he was unwilling to throw money away casually, so finding a negotiation team to cooperate with him would not only allow him to acquire these refineries faster but also to push the price to the lowest possible level.

Su Cheng was quite satisfied with these refining enterprises in Li Yihui's hands.

In particular, the Singaporean petrochemical enterprise named NEio surprised Su Cheng even more.

According to the data on the information, NEio Refinery can process 10 million tons of crude oil, produce 1 million tons of ethylene products, and 1.6 million tons of aromatic products annually.

According to international standards, 1 ton of oil is roughly equivalent to 7 barrels of oil.

That is to say, this refinery can refine 70 million barrels a year just by refining crude oil, which is indeed very strong refining capacity.

In addition, the annual refining capacity of the other 11 petrochemical refining enterprises added up to 28 million tons.

Acquiring them would allow Heji Petroleum to expand unscrupulously.

A scale like NEio Refinery was rare in this era.

Being able to acquire such a petrochemical enterprise, Su Cheng felt it was worth it even if it cost 100 million Hong Kong dollars.

Of course, the dragon-slaying saber for price cutting must be wielded, not only wielded but wielded greatly, and how far it could be cut depended on the negotiation team's ability.

Su Cheng valued the petrochemical enterprise's complete refining capacity the most.

When processing crude oil, it can directly produce chemical raw materials. In addition to conventional products such as gasoline and diesel, it can also produce special products such as lubricating oil, high-grade asphalt, and industrial white oil.

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In addition to processing crude oil, the aromatic products mentioned above belong to chemical raw materials.

Furthermore, ethylene is known as the "mother of the petrochemical industry" and has a pivotal impact on the production of most chemicals and the extension of the industrial chain today.

Therefore, if Tianwen Petroleum acquires this petrochemical enterprise, then Tianwen Petroleum's petroleum product chain can be further improved.

Sure enough, agreeing to Li Yihui becoming the president of Tianwen Petroleum was such a wise choice.

Such talent is definitely lacking in the oil industry.

Su Cheng would not mention his management ability for now. Just Li Yihui's connections in the oil industry were worth the position of president of Tianwen Petroleum.

"Are you used to working here?" Su Cheng asked after discussing the acquisition of the refinery.

"It's okay. The cultural environment in Hong Kong is not much different from Singapore, so it's easy to get used to it here," Li Yihui replied.

"I am now building a headquarters office area in Tseung Kwan O. When the time comes, the headquarters of Tianwen Petroleum will be moved there, and your office environment will be much better," Su Cheng said with a smile.

Currently, because the Tuen Mun oil base is Tianwen Petroleum's largest project, the actual headquarters of Tianwen Petroleum is located here.

However, in the future, after Tianwen Petroleum becomes internationalized, the headquarters certainly cannot be placed here.

After all, by then, Tuen Mun will only be one of Tianwen Petroleum's projects. This place is a remote area of Hong Kong, and it is relatively troublesome for partners to come and discuss business, which is not suitable as the headquarters of an international enterprise.

"Well, after the oil base here is completed, the office location will have to be moved. It would be best to move to the city center, but Tseung Kwan O is also acceptable," Li Yihui nodded.

Of course, Li Yihui also knew about the situation in Tseung Kwan O, and he also knew about Su Cheng's grand plan for that area, which had been reported by the media.

After all, that was the territory of Su Cheng, the boss. Although it was not the city center, it was close to the city area, and the environment was good, with mountains and sea. Of course, Li Yihui liked working there.

On the other hand, Tuen Mun itself was a remote suburb, and it used to be a desolate place. Although it has begun to develop now, it is just a remote new market town.