Chapter 1826 Serious Oil Theft Problem

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"I emphasize again that every decision I make is based on the physical safety of the crew, so please do not question my determination to protect my employees."

Yang Cheng held the table with both hands and leaned forward, creating a strong sense of oppression.

The press box was silent for a while. It seemed that everyone was shocked by Yang Cheng's declaration. Who can slander a boss who stands up for his employees at this time?

This time Yang Cheng did not sit down again. After finishing speaking, he gave everyone a cold look, turned and left the conference hall, saw Conrad face to face, and instantly burst into laughter, "How is it? My acting skills are okay. ?"

Conrad thought carefully and said, "Very good, I think it is necessary to help you apply for an Oscar for Best Actor."

"That's not necessary~" Yang Cheng actually became humble.

The two of them went upstairs side by side, and Conrad said, "This crisis is over~"

Yang Cheng shook his head, "No, that pirate leader ran away. As long as he doesn't die for a day, he will be a hidden danger to us~"

"Didn't you say that Arik was responsible for helping to finish things off? With his energy in Africa, it would be difficult to finish off a pirate."

"It's hard to say, these pirates are very thieving. Once they get into the desert, it will be difficult to find them~"

"Yes, but the matter is now over. The worst case scenario is to hire a security company and send a small team to station on our oil tanker for a long time. It will only cost a few million dollars more."

Yang Cheng nodded slightly, "This is a good idea. We can also let our own bodyguards go up and practice. You have to let them smell the smoke of war to ensure their strength and condition~"

"Shit, you are too cunning. You really can't take any losses. Just do as you say~"

The two returned to Yang Cheng's office. Liu Junyu came over to deliver coffee. After she left, Yang Cheng cut two cigars and lit one each. "Before I left, I had a detailed chat with Arik. He was very fond of his country. We are very dissatisfied with the current status of the oil industry."

"Then he still runs an oil refinery?" Conrad expressed confusion.

"This is also his purpose. He hopes to change the harsh environment through his own efforts.

To be honest, I am not optimistic about it, but this investment is also a move we must take. "

He was referring to the investment in Arik's refinery project.

Conrad bit his cigar and said nothing. He didn't know what he was thinking. Yang Cheng exhaled a few puffs of smoke and shook his head. "The unstable situation in the delta has led to the closure of a large number of oil field production in onshore and shallow sea areas. Companies We have to frequently declare force majeure to stop oil transportation. This problem has been around for a long time. At present, there is no solution at all. Just relying on a modernly managed refinery may not solve anything."

Since the early to mid-21st century, pipeline sabotage, kidnappings, and armed takeover of oil facilities have become increasingly serious in the Niger Delta region.

At almost every period, different organizations come forward. Some of them attack or threaten oil facilities for some ZZ purpose. Instead, they claim to seek the redistribution of oil wealth and strengthen local control of the oil sector.

Various safety issues have caused some oil service companies to withdraw from Nigeria, and oil unions have also gone on strike to protest frequent production shutdowns, and even large-scale conflicts and casualties.

There had been some relief in recent years, but with this year's oil shortage, the reduction of new job opportunities and slow economic development, oil theft and attacks have increased again.

In order to combat corruption, the new president announced that the policy will no longer favor pardon beneficiaries. The most obvious point is that the pardon payment process has changed. Now the government directly pays pardonees instead of paying uniformly to former armed forces as before. ZF leaders will then make allocations.

In addition, the expenditure on the amnesty project has also been cut, mainly because the government is trying to gradually reduce its scale and prepare to cancel it completely. In addition, the new president announced that it will no longer continue to implement the infrastructure protection contracts it signed with former militants. You know According to the contract, the former militants were responsible for guarding the security of oil and gas facilities, and this part of the work is now taken over by ZF security services.

In short, with the emergence of this new leader, a crack has appeared in the complex chain of interests related to Nigeria’s oil network.

Nigeria's oil theft and trading market mainly involves a complex network system, which includes national, regional and international personnel. The personnel are also very complex, including local young people and communities, professionals such as corrupt bank managers, elites elements, government leaders and security force personnel.

Oil theft occurs in multiple production links from upstream to downstream, such as wellheads, choke manifolds, pipelines, and oil storage tanks at export terminals.

Most oil theft occurs by installing a hose on a pipeline to drain and pump the oil, and then using an oil pump to deliver it to an oil tanker or a small storage tank.

Some of this stolen crude oil flows into illegal refineries in swampy bush areas along the Niger Delta, where the refined products are then sold to domestic and regional buyers.

Of course, a large part of the crude oil has entered the international market. The crude oil sold to the international market flows directly from Nigeria's export terminals. Local people call these oil thieves white-collar thieves. White-collar thieves use stolen oil at the terminal. Fill up the storage tank with oil, or steal oil from the storage tank and transfer it to the truck.

Part of the international illegal trade of crude oil also involves the transfer of crude oil from small storage tanks to larger storage tanks farther offshore.

The amount of stolen crude oil is as high as 400,000 barrels per day, which is close to one day's production. Of course, this is only a human estimate and there must be errors, but even if the losses in the mining process are ignored, it is still a considerable number.

The key is that it is difficult for exploiters to monitor pipelines, and the specific amount of stolen oil cannot be counted. At the same time, international oil companies do not uniformly report the amount of stolen oil, so there is no more authoritative data on the total amount of stolen oil.

This is also a serious challenge faced by North Sea Oil in extracting oil in Nigeria. It doesn't matter if you steal other people's oil, but stealing my oil is the same as taking money directly from my wallet. It is absolutely not okay.

The reason why Yang Cheng dared to invest more than 4 billion in the chaotic place in Nigeria was because he hoped to tie his interests to local snakes through this move. Arik wouldn't just watch his interests be damaged, right?

Monitoring refined oil is more convenient than monitoring crude oil. It can greatly alleviate the worry of crude oil being stolen, but it is only a relief. He knows that oil theft has become an industry in Nigeria. He is worried that others will touch his cheese, and others do not want his own. The cake is ruined.

Therefore, it is difficult to solve the problem of oil theft from the source, so we can only find ways to reduce losses!

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