Chapter 1817 The Largest Refinery

Pirates are robbers on the sea. They are no different from the well-known robbers. They just ride a horse and sail a boat. What they do is to have children without having children. It does not mean that they sail a boat and hire hackers. Not a robber anymore, still the same!

It's just that they put themselves in luxurious suits and packaged a gangster into a cultured person. Although he looks like a dog, he is still dirty in his bones.

Yang Cheng saw through the true nature of the game and played the trick of settling accounts with them, and Arik obviously agreed with this approach. It would be unkind to not avenge one's grievances~

"Actually, you are also unlucky~" Arik said.

"What's the meaning?"

"A few months earlier, these pirates would never have put much effort into this because crude oil is not valuable."

Yang Cheng smiled, "That's true~"

“I heard you invested in a farm in Nigeria?”

"To be precise, it's a chicken farm. It's a charitable investment."

"Thank you on behalf of Nigeria~"

Yang Cheng took a sip of wine and asked, "I heard from Mohammed that you want to talk to me about something?"

Arik said seriously, "Yes, I am planning to invest in a large oil refinery in Nigeria~"

Yang Cheng had read this news in the information and was not surprised. Moreover, this may be the only area where the two parties can cooperate.

For such cooperation, Yang Cheng could not find a reason to refuse, and said simply, "We have experience in the management of oil refineries, so we can cooperate. But what do I know about your goals? How big is your ideal refinery size?" ~”

He thinks it's too young and boring~

Unexpectedly, Arik opened his mouth and said, "My goal is to build the largest oil refinery in the world. I want to solve Nigeria's oil shortage problem once and for all!"

When he said this, there was indignation on his face. Yang Cheng suddenly felt that this black man was completely different from the so-called black elites he had seen and known before. Maybe he was really thinking about his compatriots, of course. , which must contain huge benefits, which is understandable.

But what he does is his business, and Yang Cheng has nothing to do with it. What he cares more about is the second half of the sentence. Is Nigeria in an oil shortage?

Are you kidding?

As one of the world's largest oil-producing countries, there is an oil shortage?

However, this is no joke. The oil shortage did happen, and it happened just after the general election that should have been riotous but was smooth and excessive. This should have been news that made Nigerians happy and reassured foreigners.

But this good news seemed to paralyze people's nerves for a short time, because no one expected that the oil shortage that gradually emerged after President Xi Jinping's election would continue to this day without being fundamentally solved.

In Arik's words, "This is one of the largest, most widespread, and most influential oil shortages since the founding of the People's Republic of China."

At the same time as he said these words, Yang Cheng saw on the TV news that the long queue in front of the gas station had stretched for several kilometers and the entire service road was impassable.

Bringing water, food, and money, what looks like a complete set of equipment for a picnic is actually for refueling. The "refueling trip" that takes up to 7 hours tests the patience of Nigerians every day.

As the oil shortage intensifies, what tests the mood of Nigerians is not just the lack of oil. The more serious problem is that there is oil but cannot afford to fill it up. Now all over Nigeria, except for the capital Abuja, there is a lack of sales at the guided price, vicious competition in the market, and speculation. When violations spread wantonly, some gas stations clearly still have gas, but the price is so expensive that most people can't afford it.

Oil shortages are no stranger to this major oil-producing country, but compared to the past, the impact of this oil shortage on the aviation industry is definitely unexpected.

News reports said that Nigeria's largest airline has grounded two-thirds of its flights, and planes are gathering dust on the airport tarmac, while the second largest airline has grounded all flights.

In addition to aviation, the already sluggish economy has suffered another impact due to the advent of oil shortages. Due to power supply problems, some regions and companies still need to rely on diesel generators as their main energy supply.

Due to lack of fuel, some radio stations, banks, enterprises, and government agencies in Nigeria got off work early on Monday, and some schools were suspended. Because base stations rely heavily on diesel, some telecommunications operators have prepared to jointly strike.

"Without oil and energy, Africa's largest economy will go back ten years." Arik said mockingly.

No wonder his face was full of anger when he said he wanted to build the world's largest oil refinery, probably more out of unwillingness, Yang Cheng thought.

As a major oil-producing country, Nigeria's lack of processing capabilities makes Nigeria rely heavily on imported oil.

Now that international oil prices are at a trough, the sharp depreciation of the naira, conflicts between oil suppliers and the government, etc., have all become the triggers of this oil shortage.

In fact, Nigeria not only lacks oil refining capacity, but also lacks transportation capacity. Nigeria’s underground oil pipelines are probably not as good as those of a state in the United States. Daily transportation of refined oil can only rely on tanker trucks for supplies.

This oil shortage has also resulted in tanker truck drivers being owed a large amount of wages, and their strikes have further worsened the situation.

On the way here, Yang Cheng was curious as to why Lagos, which was originally congested, became so smooth. At first, he thought it was the influence of the Dangote family racing team, but now it seems that it is because everyone has no fuel to fill the car. They all lay down.

To be honest, even after knowing the fact that Nigeria, as an oil-producing country, often suffers from oil shortages, Yang Cheng still feels that things are not that simple.

Nigeria’s refining capacity is basically negligible, but why has it not changed after decades?

Don’t all Nigerians see the benefits of having oil refining capacity?

Don't think that black people are all fools. Black people who have reached high positions are very smart, especially those who are from Africa. They can stand out among a group of illiterate people, which shows their ability.

How could the Nigerian government, controlled by this group of people, not know how beneficial it would be to the country to have independent oil refining capabilities?

Unfortunately, the powerful industrial chain of exporting crude oil and importing refined oil involves a series of wealthy businessmen and even high-ranking government officials. As a result, Nigeria has been unable to have its own refining capacity. Moreover, due to the intervention of these power class controllers, Nigeria has been unable to import Refined oil products operate in an almost pathological manner. The ZF gives large subsidies to all companies that import refined oil products every year. However, there is no trace of where the money goes. You can imagine the degree of corruption in this country.

The poorer the country, the more serious the corruption problem, which is almost directly proportional.

The reason why the oil shortage broke out this time, in Arik's words, was entirely because the new president tried to take advantage of the imported oil merchants' cake.

How are the capitalists willing to make concessions? If you don't give me subsidies, I will stop supplying oil and threaten the ZF by kidnapping the entire country's imported refined oil. Of course, kidnapping is kidnapping, and the money must be transferred as usual. If you can't sell it openly, then sell black oil, and the price is too high. Just about 5 times, or 10 times in richer places, not much, right?

Of course, this is just gasoline, which you can still buy as long as you have money. As for diesel, you can’t buy it at all!

Sure enough, compared to being crazy, capitalists all over the world refuse to admit defeat~

But for Yang Cheng, this is a good opportunity. A joint venture with Nigeria's richest man in an oil refinery can not only reduce costs, but also further penetrate into a country's livelihood and economic fields. The most important thing is that it has safety guarantees. This deal is suitable no matter how you look at it. .

"Your goal is great. I'm willing to help. Let's have an in-depth chat?" Yang Cheng smiled.

This answer is obviously what Arik Dangote wants to hear most. Originally, he was worried that Yang Cheng would refuse. After all, Nigeria's investment environment is not very good.

Arik was excitedly preparing to describe his plan. Even when the butler came up to say that the dinner was about to begin, he didn't care. He waved his hand and asked the butler to go down and host the dinner.

Of course Yang Cheng wouldn't mind. Anyway, he wasn't interested in getting to know a bunch of old gangsters. They all looked the same and remembering names was very tiring.

“My plan is to build an integrated refinery that can maximize the development of petroleum products. The total investment will be more than 10 billion. My goal is to make it a milestone in Nigeria’s oil and gas industry.

According to expert recommendations, the refinery will produce 650,000 barrels of refined petroleum products per day to meet the demand for refined petroleum products across Nigeria, and even have room for export to other countries without production capacity.

When completed, it will be the world's largest industrial construction site for fertilizer, petrochemicals and refineries. "

Yang Cheng waved to interrupt, "Wait, why are there still fertilizers?"

He knew that Dangote’s business map included fertilizer production, but making fertilizer in a refinery?

Arik spread his hands, "I said, this will be a comprehensive refining and chemical plant. Not only will its refining capacity be 1.5 times that of Nigeria's four state-owned refineries today, I mean that when they are operating at full capacity, the combined It can only support our production capacity for half a day.

In addition to refining crude oil and producing petroleum products, it will also have supporting petrochemical plants and fertilizer plants.

The petrochemical plant will process 1.3 million tons of petrochemical products per year, the fertilizer plant will produce 2.8 million tons of various fertilizers, and the natural gas plant will produce 3 million cubic meters of natural gas per year.

At the same time, the refinery will also have the world's largest subsea pipeline infrastructure, capable of processing 3 billion cubic meters of oil per year. "

After listening to Arik's introduction, Yang Cheng took a breath. Isn't this ambition too big? Shouldn't a facility of this size take it one step at a time?

From what he meant, he was prepared to do it all in one step, but Yang Cheng could feel his ambition.

"Where's the location? Have you found it?"

He did not doubt whether Nigeria had so many open spaces.

"There are several alternatives, but I am optimistic about the Lekki Free Trade Zone. According to the plan, the project will cover an area of ​​2,200 hectares, which is eight times larger than Victoria Island."

"Where is the planned start time?"

"If we start the project construction now, it is expected to be completed and put into operation by the end of 2019."

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