After discussing the history of China for half an hour, Yonas couldn't help but withdraw the topic. "Uncle Gandel, you know a lot about the situation in Nigeria. I wonder what your views and decisions are about President Obasanjo's intention to hold this political and business forum?"

Gandel smiled and said, "I won't tell you that I'm completely unaware of the inside story. In fact, when President Obasanjo planned this forum, I already knew most of his intentions. In order to change the situation where the oil field is monopolized by Western multinational corporations, he ordered the government to legislate on the localization of oil development and formulate a series of policies to ensure the minimum participation of local companies in the operation of multinational corporations. The goal is to make the goods and services provided by the domestic companies to the Nepal oil industry reach 45% by 2006 and 70% by 2010.

To this end, the Nigerian Petroleum Resources Bureau established a localization working committee, working with major Nigerian oil and gas companies and domestic companies reorganized in accordance with the law to improve the localization level of Nigerian and accelerate the pace of local resource utilization. At the same time, the Nigerian government has issued bidding for 116 onshore marginal oil fields, stipulating that only local companies are eligible to participate in the bidding for marginal oil fields. Foreign companies can participate in the development together with local companies as technical support partners, with the purpose of focusing on cultivating Nigerian oil industry technology and operating capabilities and preparing for opening the marginal oil fields to local companies."

"So how is he going to deal with the pressure from multinational companies?"

"Open deep-sea oil fields. They themselves do not have the ability to exploit deep-sea waters, so they will completely relax their control over deep-sea oil fields. As far as I know, they will relax the control of deep-sea oil and give multinational companies greater discounts."

"According to your understanding, can his plan be implemented smoothly?"

Gandel laughed. "The plan is beautiful, but it is rare to achieve half of it."

Jonas asked: "What about the downstream links? For example, oil refining and warehousing, transportation."

Gander smiled and said: "Netherland Petroleum Corporation said that it will invest more than US$1.05 billion in the future to ensure that the refinery is in a good production state and effectively improve the refining capacity. However, due to their backward infrastructure and limited management level, the refining capacity is still at a low level. At present, the daily production of refining companies they control is 17 million liters, while the domestic demand is 30 million liters, and there is a gap of 13 million liters per day depends on imports. In order to reduce the import of oil products, meet the country's

For domestic refining demand, Obasancho hopes that foreign investors will purchase 51% of the shares of four refineries and complete the privatization process as soon as possible. On the other hand, it has relaxed the downstream oil business policies and introduced several measures to encourage private refining and chemical companies to participate in downstream oil production. However, the technology in this regard is in the hands of foreign companies, and they want to reform in this regard depends on our expression. As for warehousing and transportation, Obasancho has no plans at all because they don’t have the money to invest.”

Yonas knew that these four refineries, two in Port Harcourt, one in Warri, and one in Kaduna, north of Abuja. He asked, "So are you interested in our investments?"

Gandel asked with a smile: "We?"

Yonas nodded. "Yes, we."

Gandel asked, “Does Mr. Ritchie support this plan?”

Jonas said: "He told me to let go."

"So what's your plan?"

Yonas pondered for a moment. In fact, he had no specific plans, but was just confident in investment in Nigeria. He is not a professional oil talent. Although he has an investment plan, he is only a directional investment. The specific measures still require professionals to coordinate. But he still said: "Uncle Gander, in fact, although we have some investment intentions, we have not yet formed a plan. Only when we are reformed by the Nepal side can we form a specific investment plan. However, according to the current vision, we are very interested in 51% of the shares of the refinery and the expansion of the port."

Gandel shook his head and said, "The construction of the port is of course a good project, but to be able to expand the capacity to the tonnage of tankers with a capacity of more than 100,000 tons, the investment required is relatively large. I remember that last year, the Nepal side made a plan, but it could not afford 600 million US dollars of project costs, so I gave up. Yonas, have you ever thought that now Shell and Mobil have specially customized tankers with a capacity of less than 80,000 tons to run these 40 kilometers of rivers. How can we ensure profit?"

Jonas said: "What if we expand the port of Warri first? The interests of Harcourt Port are too complicated. We might as well find another way and start with Warri first."

Gandel was refreshed and asked, "Will Mr. Ritchie fully support us?"

Warri is the central city of the Delta State, one of the three major oil-producing states in Nigeria. Although it is the main oil-producing region with Harcourt, the environment is much worse and riots are endless. This is also because the Delta State was the first area to discover oil and develop the earliest. Due to Shell's irresponsibility, the local ecological environment has become seriously unsuitable. The local people have protested countless times. As a result, Shell colluded with the Abacha dictatorship government and executed nine protesters led by the famous writer Saro Viva. Since then, the armed riots in the Delta State have begun vigorously.

Although the Abacha government later returned the power to the people, the company led by Shell did not improve its ecological environment damage, which also caused constant riots. At present, the oil exploitation volume in the Delta State is far lower than that in the adjacent Heliu State.

Jonas also read a lot of the right and wrong in Glencore's investigation data, and felt speechless about many situations. The main reason for environmental pollution is that the dictatorial government took away almost all profits, which caused local tribes to have no benefits. These tribes will try every means to steal oil and cause damage. Shell's serious irresponsibility is also a very important reason. It can make a region of hundreds of square kilometers apart from humans and animals dead. What kind of pollution is this? A river can pollute so much that there is not even a fish. It feels terrible to think about it.

The Nigerian government has no geographical management rights, and the irresponsibility of the three parties has caused the current vicious cycle, and even if the Abacha government collapsed, the situation did not improve much, and this vicious cycle has also been maintained. Now the Delta State is the most chaotic state in Nigeria, and the government's credibility has disappeared.

Therefore, if you want to invest in the Delta State, you need to maintain friendly relations with different tribes. In this regard, even Gandel is not as good as Rich. Therefore, only if Rich makes every effort to settle these tribes, Gandel will be interested in working together to carry out further investment and development in the Delta State.

Jonas nodded and said, "Yes, although Mr. Ritchie will not openly participate in the shares, he will leave one for me in my shares."

Gandel said: "Then I think it is feasible for the investment in Warri's refinery. Today, Warri's refinery has almost been completely scrapped, and the oil in the Delta State needs to be transported to Harcourt through pipelines for refining." He paused, "In fact, if Mr. Ritchie can appease the Ulheber tribe, we can build a new port in Brutu. In this way, we only need to invest 100 million US dollars to build a port of more than 100,000 tons."

"Brutu?" Yonas said with some shame: "I don't know much about Nigeria."

Gandel smiled and said, "Brutu is located in the southeast of Warri, at the junction of the Triangle State and Bayelsa State. It is not only at the source of oil, but also on the seashore. Hydrological detection there shows that there is a channel that can carry a large oil tanker of 300,000 tons. However, because the area there is hundreds of kilometers around is their sphere of influence, no one dares to invest."

Jonas asked: "Since it is close to the seashore, will it be difficult to transport crude oil?"

Gandel said: "Of course, there are advantages and disadvantages everywhere. Harcourt and Warri are closer to the oil-producing area, but external transportation is difficult. Although Brutu is a little far from the oil-producing area, it is convenient to external transportation. Another advantage is that it is the seashore, although it is the control center of the Ulheber tribe, it is far away from the riot area, and it is easy to defend and difficult to attack. You must know that there are all small islands with crippling channels."

Yonas nodded and said, "Uncle Gandel, then I'll go back and analyze the specific situation and discuss it with you."

Gandel nodded. He didn't know Jonas, so naturally he couldn't make any promises of cooperation now. Although Ricci was behind him, he had to wait until the other party made a positive attitude before he could consider further cooperation.

Back in the room, Cassinali, who temporarily acted as secretary of Jonas, began to report on the communication between the company supervisor and industry insiders. "President Obasanjo's detailed reform plan had just been sent by Gamada. This plan caused a lot of sensation, especially local companies were excited by it, but large companies responded coldly to this plan. There were no less than ten local oil companies contacting us, most of which were seeking financial and technical support."

Jonas asked for a moment, "Have the detailed reform plan been made public now?"

Cassinali said, "Yes. Do you need to check it out in person?"

"No need, I went to meet Mr. Gandel just now, and he had already told me most of the content."

Casinali smiled and said, "Wait for a while, the dinner will begin. Although the terms of the plan will not be discussed in detail tonight, it is necessary to give all participants a time to respond. The delay of the reform plan has only now been made public, which also shows Obasanjo's lack of confidence in this plan."

Jonas asked, "In your opinion, what should we do?"

Casinali said: "Nigeria is not only short of funds, but also lacks technology. Now, while trying to attract foreign capital and introduce technology, it is also setting obstacles for us overseas companies. I think President Obasancho's intention is difficult to achieve. Although the deep-sea oil fields are fat, the development cost is far greater than land-based mining and marginal oil wells. According to my opinion, as long as we overseas companies unite, this reform plan will be put into full swing."

Jonas laughed and said: "This reform plan has no restrictions on existing companies. Currently, Shell, Mobil, Chevron, and Total all have large investments and interests in Nigeria. They will definitely agree with this plan to increase restrictions on latecomers. Therefore, if conditions permit, they will do a little more capital and technology investment, and we don't have to act as the evil ones."

"So will you just wait for this plan to be implemented? It will not benefit our interests."

"But there is no harm. We just need to be able to get cheap oil, and we don't have to care which oil was mined. What's more, we can do the opposite and support this reform plan."

Cassinali asked in surprise: "Jonas, I don't understand."

Jonas said: "Casinali, Nigeria's reform is the general trend. We should not act in the opposite direction, but follow the trend and take the opportunity to plunder our interests. An oil power without gasoline and diesel is a shame for any government. We should do better than others to get more benefits."

Cassinali asked, “Is there anything else I don’t know about?”

"Our company's interests in Nigeria and the Gulf of Guinea are less than 10% of the company's internal interests, and my godfather and I both think that the interests should be expanded to more than 10%, or even twenty%.

"I understand." Cassinali said: "Jonas, you can communicate with me first in the future, so I can better arrange purposeful work."

Yonas hugged Casinali and said with a smile: "This time it was my negligence. I originally wanted to wait until I determined the reform plan for Nigeria before discussing specific countermeasures."

Casinali smiled and said, "I know, this is your first development project, so you want to do better."

Jonas smiled and said, "To be precise, this should be the second time, and the copper mine in Chile is the first time."

Cassinali covered her mouth in surprise. "Oh my God, Jonas, I don't know you're involved in the copper mine in Chile."

Jonas smiled and said, "Yes, I am not involved in specific matters. I just advocated for that exploration and development." Telling Casinali these things, Jonas must establish a capable image in front of Casinali. As Ricci's right-hand man, Casinali is more important to Jonas than anyone else. Her support can save Jonas half of his energy and not have to deal with all kinds of trivial matters. For this, Jonas must also change his fledgling image as soon as possible.

(It is really exciting to get the support of men and brothers every day, and there is also a boy with a new friend who has fallen. Your generosity makes me very happy. Thank you.)
Chapter completed!