Chapter 331: Expand more territory at the minimum cost
Li Yihui, Wei Li, and Bertha Gall then discussed many detailed issues in detail, and hurriedly left the Hutchison Whampoa headquarters. building.
Today, he will still go to Lamma Island, because the refinery there currently has some things that he needs to handle personally.
Anyway, there are telephones on Lamma Island. I will talk to the boss Su Cheng about this when the time comes.
Looking at Li Yihui leaving, Wei Li and Bertha Gall did not leave the office, but continued to discuss their internal matters.
There is basically nothing wrong with this matter. Wei Li has been in contact with Su Cheng during this period and knows his character. He believes that Su City will support them in this matter.
So, another thing that Wei Li and Bertha Gall are currently discussing is how to expand the gas station!
"Mr. President, this is the gas station location map I brought. It has the most detailed locations of our company's gas stations marked on it." Bertha Gall took out a very large map. Then spread it out on Wei Li's desk.
This map is rectangular, with the middle as the boundary, the surrounding maps of Xiangjiang and Haojiang, and the right side of the map of Malaysia and Singapore.
The maps of Xiangjiang and Haojiang are mainly urban areas. After all, Xiangjiang and Haojiang themselves are not far apart, and the areas of the two cities are not large.
Therefore, on the map, the location of the gas station is even marked on the side of the road.
For example, Wei Li can clearly see that there are Hutchison gas stations in Tsim Sha Tsui, Yau Ma Tei, Hung Hom, Mong Kok, Sham Shui Po, Kwai Chung, Wan Chai and other places.
For example, in Haojiang, Ruins of St. Paul's, A-Ma Temple, and Taipa Island each have a Hutchison gas station.
The area over Haojiang is small, so three gas stations are basically enough. After all, the current population of Haojiang is only 240,000. With this population, three gas stations are more than enough, and Exxon Mobil There is also a gas station in Haojiang, so there is no need to expand in Haojiang.
But here in Xiangjiang, in addition to the Hutchison gas station marked on the map, other gas stations are also marked.
There are now a total of 86 gas stations in Xiangjiang, including 21 Hutchison gas stations and 26 Exxon Mobil gas stations. The rest are private small-brand gas stations, with a total of 39 small-brand gas stations.
Weili looked at the map carefully. Bertha Gall said at the side: "Mr. President, since last month, except for Hutchison Gas Station and Exxon Mobil Gas Station, all other small Brand gas stations have successively suspended external fuel supply. As of the end of October, all small brand gas stations have been temporarily closed. Not only that, even Exxon Mobil has temporarily closed them due to insufficient fuel supply in order to save manpower. There are 8 gas stations in the city, so in fact, there are currently only 39 gas stations operating normally in the entire Xiangjiang. "
Of the 86 gas stations, only 39 gas stations are operating normally. Station, less than half of it. It’s no wonder why Hutchison Gas Station has been so busy this month.
As long as Tianwen Petroleum Company has sufficient oil supply, it is indeed the best time for Hutchison Gas Station to expand.
The remaining gas station businesses were snatched away. After the oil crisis was over, these gas stations wanted to continue operating, but found that their market share had already been taken away.
Hutchison Gas Station implements a membership system and offers discounted prices for members. Basically, people who come to Hutchison Gas Station to refuel have a very high stickiness to Hutchison Gas Station.
So, after the oil crisis is over, it will be very difficult for them to regain market share.
This is also the reason why Hutchison Gas Station has always had a stable business. It has loyal users and is not afraid of running out of money.
Before the oil crisis, ExxonMobil occupied the largest share in Xiangjiang and was the largest gas station chain in Xiangjiang.
With the outbreak of the oil crisis, ExxonMobil's oil storage capacity in the Far East was insufficient, so it could only close some gas stations. This resulted in Hutchison gas stations surpassing ExxonMobil for the first time. Sam Mobil has become the largest gas station chain brand in Hong Kong. Looking at Malaysia, the current population of this country is more than 13 million, which is about three times the population of Xiangjiang.
Compared to Xiangjiang, Malaysia has a vast land area of 330,000 square kilometers, so it also has many gas stations, more than 300 of them.
There are only 26 Hutchison gas stations in Malaysia, and their share is less than one-tenth of Malaysia’s!
At present, the situation in Malaysia is similar to that in Xiangjiang, but Malaysia is also an oil-producing country, so the seriousness of oil shortage there is not as high as in other places.
Despite this, Malaysia’s current annual oil production is only 100 million barrels. This year’s production is not as much as the oil stored in Sioux City.
The Malaysian economy is dominated by resource exports, such as oil palm, cocoa, petroleum, etc., of which petroleum has only begun to rise in recent years.
Malaysia’s economy is in the stage of take-off, so it attaches great importance to the export industry. Now that oil prices have risen sharply, it will naturally take the opportunity to make money.
So the vast majority of the crude oil mined in Malaysia every day is sold to major international oil companies, such as the several oil branches in Singapore.
Because of this, Malaysia’s domestic fuel supply is still somewhat lacking.
The high oil prices have also caused some small private gas stations to be unable to purchase oil, and in the end they had no choice but to close temporarily.
Therefore, of the more than 300 gas stations in Malaysia, only about 200 are in normal operation.
This is also a big opportunity for Hutchison Gas Station.
As for Singapore, let’s not mention it. As the world’s three largest oil refining center, there will naturally be no shortage of oil.
So, on the current map, both Xiangjiang and Malaysia are suitable for Hutchison Gas Station’s expansion.
As for Indonesia and Siam, Hutchison Petroleum Company currently does not have gas stations in these two countries, so Bertha Gall is not clear about the situation there.
"In this case, then we will think of ways to expand in Malaysia and Xiangjiang. As for Indonesia and Siam, we will wait until the situation is investigated clearly before making plans. If we have the energy, we can make plans for more countries in the future. "We at Hutchison Whampoa Group are determined to be a large international company. Our business must not be limited to Xiangjiang and nearby areas. We must have a presence in Europe, America, South Asia and other places, and now is a good time!" Wei Li! After looking at the map, he said seriously.
"Mr. President, if such a large-scale layout requires a lot of funds, then our company must not have enough funds at present, right?" Bertha Garr said helplessly.
Before Hutchison Oil Company took over in Sioux City, it was basically wiped out by the Hutchison Whampoa Group.
It has only been three or four months since Sioux City took over the Hutchison Whampoa Group. In such a short period of time, although Hutchison Petroleum Company has made a lot of money, it is certainly not enough to expand.
“So, it’s best to expand more territory at the minimum cost!” Weili held his forehead with one hand and said thoughtfully.
(End of this chapter)