We're building a super chaebol in Hong Kong

On the way, Su Cheng called Li Yihui.

Learning that Su Cheng was coming, Li Yihui said that he would wait for him at the company.

Nearly an hour later, Su Cheng had arrived near the Tuen Mun Refinery Base of Tianwen Petroleum Company.

When he was about to reach Tianwen Petroleum Company, Su Cheng noticed that the bases of other nearby oil companies, such as Shell's Hong Kong Refinery Base and Exxon Mobil's Hong Kong Petroleum Base, had undergone tremendous changes. It seemed that they would soon be able to start production as well.

The establishment of Tianwen Petroleum Company and the construction of the Tuen Mun Petroleum Base have driven tremendous changes throughout Tuen Mun.

If it were Su Cheng's previous life, it would have been impossible for these projects to exist in Tuen Mun.

But now, it can be seen along the way that more and more petrochemical companies are being established here, not only large international oil companies, but also some local Hong Kong business tycoons are starting to buy land here to invest in petrochemical companies.

After all, this oil crisis has allowed many petrochemical companies to make a lot of money.

Especially Su Cheng, who became famous all over the world in this oil crisis by relying on the 'sao' operation of hoarding oil in advance.

After that, Su Cheng's Hutchison gas stations also made a fortune.

Such a violent industry naturally made these Hong Kong business tycoons envious, so many tycoons began to get involved in this industry that they had never touched before.

Su Cheng was not worried at all about the sudden increase in competitors.

After all, the oil market in Hong Kong is only so big. It is relatively difficult for these latecomers to squeeze in and share the cake.

Moreover, Su Cheng's development of the oil industry is not for the sake of Hong Kong's small cake, but for the big cake of the global market.

Although Hong Kong has an extremely advantageous geographical location, with many ocean-going ships stopping here, the amount of oil that can be consumed is ultimately limited.

Therefore, in Su Cheng's view, it is a good thing that more Hong Kong tycoons are participating, because it can reduce the development cost of the oil industry.

Currently, Su Cheng's oil industry has reached a development balance.

Oil is extracted in Brunei, various petrochemical companies under Tianwen Petroleum Company are responsible for refining, and Hutchison gas stations are responsible for selling oil.

Of course, relying solely on the oil extracted in Brunei is definitely not enough.

Therefore, Tianwen Petroleum Company is also currently purchasing crude oil from other oil extraction companies.

At the same time, Li Yihui, the president of Tianwen Petroleum Company, is also actively looking for new crude oil extraction sites.

However, because it is still during the oil crisis, it is too difficult to obtain the mining rights of an oil field at a small cost.

The Rolls-Royce finally arrived at the gate of the Tuen Mun Petroleum Base of Tianwen Petroleum Company.

The guarding security guards were sent by Tianhe Bodyguard Company. After seeing Su Cheng's Rolls-Royce and the license plate on it, they immediately saluted Su Cheng and the others.

Despite this, he also stepped forward to confirm whether the person inside was really the boss.

After confirming, he immediately raised the gate.

The Rolls-Royce smoothly drove into the oil base and went straight to the office building.

Su Cheng opened the car window and carefully looked at the busy scene outside.

This place has undergone considerable changes compared to when Su Cheng came here two months ago.

Currently, only the first phase of the Tuen Mun Petroleum Base has started construction, and the second phase is still under construction.

The last time Su Cheng came here, the first phase of the Tuen Mun Petroleum Base had just started production.

As for the second phase, construction had just begun.

At this time, after more than two months, the second phase of the project has undergone earth-shaking changes.

The Rolls-Royce quickly arrived in front of the office building and parked steadily in the parking space.

Li Yihui had already learned through the security guard's walkie-talkie that the boss had arrived here.

Therefore, Li Yihui was standing in front of the office building on the first floor, waiting for Su Cheng's arrival. Seeing Su Cheng's Rolls-Royce driving over, he immediately walked quickly to the car and personally opened the car door for Su Cheng.

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"Okay."

The two walked into the office building one after the other and went up to Li Yihui's office.

Back then, when the Tuen Mun Petroleum Base was first built, the office building was just a temporary simple house. If the air conditioner was not turned on, it would be as hot as a furnace inside.

Now that the office building has been built, even if the air conditioner is not turned on, although it is still hot, it is not too hot.

After closing the door of the office, the two sat down on the sofa next to the coffee table.

At the same time, Li Yihui began to make tea for Su Cheng.

Li Yihui reports the situation here to Su Cheng from time to time, so Su Cheng has a certain understanding of the situation here.

"Boss, I plan to enter the offshore oil exploitation. Currently, I have selected an offshore oil field with extremely rich oil reserves less than five kilometers from the coastline near Brunei. This oil field not only has rich oil reserves, but also rich natural gas, which is very valuable.

Because our cooperation with Brunei is still good, the Brunei government also intends to hand over the oil field to us for development. Currently, negotiations are still underway, but the difficulty of offshore oil exploitation is different from the difficulty of onshore oil field exploitation. The difficulty is very great. We do not currently have this technology. If we want to exploit this offshore oil field, we need to purchase exploitation technology from other companies."

After pouring a cup of tea for Su Cheng, Li Yihui talked about something.

"This is a good thing, we must negotiate it!" Su Cheng's interest increased greatly after hearing this.

Only by exploiting oil ourselves can the cost be reduced to the lowest level. The cost is ultimately higher by purchasing crude oil from other oil exploitation companies.

Moreover, it is also easy to be controlled by others. If crude oil is in short supply, you can't do anything if others don't want to sell it to you.

"Well, I am handling this matter properly. I went to Brunei last week and talked with the Sultan of Brunei for two full hours. The two sides have almost agreed on many points. There are still some conditions that have not yet been agreed upon between the two sides. For example, the Brunei government wants a higher price, but the development of offshore oil fields is more difficult, so we certainly cannot give the price according to onshore oil fields. I plan to go to Brunei again in a few days to discuss with the Sultan of Brunei again, and also go there to deal with some matters of our oil field," Li Yihui continued.

Su Cheng didn't have much opinion on this. It was obvious that he was not suitable to intervene in this matter. After all, he was not familiar with the oil industry and there was no need to intervene in everything.

It is obvious that this matter is a great benefit to Tianwen Petroleum Company, and he naturally strongly supports it.

(End of this chapter)