People in Hong Kong create super chaebols

Chapter 412 Successful acquisition of oil refinery

Thanks to the establishment of the Tuen Mun Oil Base, the government has also spent a lot of effort in investing in infrastructure here.

The wide asphalt road stretches from Tuen Mun New Town to the seaside.

The address of Castle Peak Power Plant is about three kilometers south of the Tuen Mun Oil Base and is also on the seaside.

As a public utility investment, the government is also very supportive of power plants, so there is also a main road extending to the site of Qingshan Power Plant.

Su Cheng's purpose was to go to the Tuen Mun Oil Base, but before going to the oil base, he planned to take a look at the planned future largest power plant in Hong Kong.

When the car arrived at the beach, Su Cheng saw the construction site from a distance.

At this time, less than half of the entire reclamation project has been completed.

It only fills the area of ​​a power plant, so the amount of work is not large, and there is almost endless earth and stone nearby, so it is not difficult.

However, the work on site has stopped today, and all bulldozers, excavators, dump trucks and other engineering vehicles are neatly parked in an open space.

The reason for the suspension of work is naturally waiting for the handover between CLP Power Company and Hong Kong Electric Group.

After the handover is completed, this area will be handed over to the Hong Kong Electric Group, and at that time, the construction will be carried out by the Hong Kong Electric Group's own construction team.

Hong Kong Electric Group has been developing the real estate industry for nearly three years. It has a sound and efficient construction team and does not need to use the engineering team from China Electric Power Company.

Moreover, even if the construction team of Hong Kong Electric Group cannot undertake this project, other industries under Sioux City also have better construction teams.

Here, because the seaside is full of mountains, although it is not high, it is very difficult to bulldoze it. It is better to just fill the excavated earth and rocks into the sea.

Moreover, after the power plant is built, docks will also be needed to transport coal as raw material for power generation.

The reason why China Electric Power Company chose to build a large power plant here is because it is all wasteland and mountainous, so the purchase price from the government is low.

If it is flat land, it has already been bought by others, so the construction cost of their China Electric Power Company will also be very high.

It is naturally impossible for the Kadoorie family to accept this. They put interests first and the price is too high, so the plan will definitely be passed.

Otherwise, when there are so many good locations to choose from in the New Territories, Tai Long, Tuen Mun and other places, why would they choose here?
It's just because the construction cost here will be very low.

When Su Cheng arrived, no one received him.

However, he was just on the mountain, looking down at the place that had been owned by Hong Kong Electric Group.

"Let's go to Tuen Mun Oil Base." Su Cheng said to the bodyguards.

The car then drove north along the road again.

In addition to the Tuen Mun oil base in Sioux City, the nearby refining bases of ExxonMobil, Shell, and BP Petroleum Company branches are also under construction in full swing.

Here, because of the emergence of Su Cheng, it has been completely changed.Originally, only two power plants were born here, namely Qingshan Power Plant and Longgutan Power Plant in the north.

However, with the emergence of Sioux City and the investment of oil refineries here, this area has gradually begun to evolve into an industrial base focusing on petrochemicals.

The nearby Tuen Mun New Town will also develop more prosperously due to the population brought by these industries.

Tuen Mun Oil Base, in Li Yihui's office.

When Su Cheng came here, Li Yihui was arranging work at the dock. When he heard Su Cheng coming, he hurried back to the office.

"I heard from Mr. Weili that your acquisition of the refinery is almost completed?" Su Cheng sat on a chair and asked with a smile.

During this period, he was busy with Hong Kong Electric Group's affairs, so Sioux City rarely paid attention to the situation of Tianwen Oil Company. Anyway, there were people supervising and managing it, regardless of whether it was open or hidden, and the funds from the crude oil sales would also be transferred to his account. For Tianwen Oil companies, he wasn't worried at all.

When meeting with Wei Li yesterday, when talking about the expansion of Hutchison Petroleum Company's gas stations, Wei Li casually mentioned Tianwen Petroleum Company's acquisition of the refinery.

After all, Hutchison Petroleum Company and Tianwen Petroleum Company can be said to have a complementary relationship, so Wei Li has more contacts with Li Yihui.

The temperature in Xiangjiang today is a bit cold. Although the sun has come out, the temperature outside is still below ten degrees.

"Boss, yes, the negotiations are progressing very smoothly. Due to the oil shortage and the high price of crude oil, most of these oil companies chose to suspend production. After the negotiation team negotiated one by one, in the end, the total price they originally offered exceeded HK$5 million. In the end, it only cost 3.28 million Hong Kong dollars to win it all. Boss, the negotiation team you sent this time played a great role in this." Li Yihui was full of sighs when he said this.

The negotiating team is to find their shortcomings so that they can have a leading advantage in the negotiation and be exploited.

Obviously, the experienced negotiation team played a very important role in assisting Li Yihui in this negotiation and saved Su City a lot of money.

Of course, the members of the negotiation team can also receive satisfactory salaries for this, which can only be said to be their own gains.

Su Cheng nodded, he was very satisfied with the result.

"After the acquisition is completed, we will immediately start preparations for the operation of these acquired refineries. In the Brunei oil field, a lot of crude oil has been stored during this period, and oil is being continuously produced. The oil produced in the future will It will be transported to these refineries as soon as possible, and we will also buy the Brunei government's part of the oil. Therefore, for the time being, we don't even need your stored crude oil to be picked up for refining." Li Yihui continued.

Su Cheng nodded, this was the best. After all, the refineries Li Yihui acquired this time were basically located in Southeast Asia, and transporting crude oil from Xiangjiang was both time-consuming and freight-intensive.

When the speed of oil refining speeds up and the oil production speed of Brunei oil fields cannot keep up with the speed of the refinery, Sioux City will also allow them to pull oil over to Tuen Mun for refining.

After all, they are all his own private assets, and Su Cheng has not yet made a clear distinction between them.

Brunei is located in Southeast Asia, very close to Singapore, Malaysia and other places.

The extracted crude oil will be sold anyway, so it is better to refine it yourself and then sell it to make more money.

Now that the oil price is so high, it seems like a loss to buy Brunei's crude oil, but the market price is like this, and half of it belongs to their Tianwen Oil Company. In total, it is not a loss at all.

Petrochemical companies in many countries may not be able to buy enough crude oil!
(End of this chapter)