Selling oil across Libya

Chapter 81 Kidnapping

In just six months, the Tripoli Investment Company has spent nearly 2 billion RMB in East Asia, investing in nearly 100 companies.

These companies include industry giants as well as newly established startups.

After Qin Rui stormed into the short video field with his checkbook, it's hard to say who will become the future short video giant.

As long as Qin Rui's network is large enough, Tripoli Investment Company will be the winner no matter which company wins in the short video field in the future.

Before the Libyan National Oil Corporation could complete its layoffs, Mukhtar hastily ended his visit to Italy and returned to Tripoli.

After leaving the United States, Mukhtar went to East Asia again before finally arriving in Italy.

"First it was Britain and France, then OPEC and the African Union, and now India has joined the fray. If this continues, our international environment will be even worse than before."

Mukhtar fears that Libya will once again become a target of public criticism.

"Did you donate to Obama?"

Like Qin Rui, Yuri didn't care about these worthless people.

"certainly!"

How was your trip to East Asia?

"great!"

"What's there to worry about?"

Yuri focused on the main contradictions; as long as relations with China and the United States were handled well, everything would be fine.

"No country can please both East Asia and the United States at the same time; not even God could!"

This seemed impossible to Mukhtar.

Qin Rui was also surprised to learn that Mukhtar was a Christian.

Qin Ruixin Sanqing.

"It's not about pandering; we don't pander to any country. We're just being ourselves."

Yuri did not want to be a vassal.

"How is that possible?"

Mukhtar shrugged. Independence and autonomy are absolute luxuries for a country like Libya, something that can only be hoped for but never attained.

"Why is it impossible?"

"We did not create our own capital. The King of Kings made a similar attempt, but he failed."

Even the President of the United States cannot do whatever he wants.

Mukhtar hopes Yuri will face reality.

Yuri glanced at Qin Rui, too lazy to waste words with Mukhtar.

Qin Rui pondered whether he should exchange the system for a president.

Despite seeing the unmanned factory in the western mountains, Mukhtar still did not believe that Libya had the strength to be independent.

The ideological imprint is too heavy.

Libya was just beaten up by the US, so it's one thing for them to be afraid of the US, but what does India have to worry about?

Even if you're good at making PowerPoint presentations, you can't possibly write about Libya to death.

"The National Oil Corporation dismissed Indian workers because they were unable to perform their jobs properly, and the profits they brought us far outweighed the troubles."

Qin Rui did not engage in philosophical debate with Mukhtar, but instead explained the necessity of dismissing Indian workers solely from an economic perspective.

"Tiger, it's unwise for us to rely solely on the labor force of one country."

Mukhtar had no prejudice against Indian workers.

To some extent, Indian workers are just as efficient as Libyan workers.

"Your Excellency, we have no trade relations with India. Indians don't buy our oil, and we don't buy Indian curry."

These Indian workers were hired by the British; you should know why the British did this.

Qin Rui's patience was rapidly wearing thin.

"I just hope that you will be more careful when making any decisions and not make them lightly."

Mukhtar seemed to be referring to something specific.

Qin Rui suddenly realized.

Mukhtar's target was not Indian workers, but the Simandu iron ore mine.

Just now, Cyrenaica Investment Company, ExxonMobil, and Victory Company, a joint venture of four East Asian companies, submitted a tender to the Guinean government for the Simandou iron ore mine North Zone 1 and 2, with a tender amount of US$25 billion.

The fact that Mukhtar, as the president of Libya, was completely unaware of such a major event made him feel very uneasy.

Although Mukhtar knew that he, as president, was merely a mascot pushed to the forefront by the Numidian Brigade.

However, doing so would be disrespectful to Mukhtar.

Of course, while feeling offended, Mukhtar was mostly relieved.

At least the Numidian Brigade did not, like the colonel, appropriate the majority of Libyan oil revenues for themselves.

Mukhtar could access all the investment projects of the Tripoli and Cyrenaica companies, and the accounts were crystal clear.

After Jalil went to Cairo, Yuri did not take back the Aziziya military camp for his personal enjoyment, but instead transformed it into an entertainment city and opened it to the public.

Yuri and Musa, along with other leaders of the Numidian Brigade, did not purchase luxury goods for personal enjoyment. Compared to leaders of other African countries, Yuri and Musa lived a life comparable to that of ascetics.

"The Simandou iron ore mine has reserves exceeding 100 billion tons, with an estimated annual production of around 1.2 million tons, accounting for nearly 5% of global iron ore production;

Once successfully developed, the Simandou iron ore mine could not only generate substantial profits but also increase Libya's weight in global energy supply; we cannot afford to miss this opportunity.

Qin Rui acknowledged his mistake and corrected it, then gave a report on the spot.

"Tiger, we all know the Simandou iron ore mine is important, but have you considered the unpredictable consequences once we get involved in this vortex?"

Mukhtar fears that Libya's involvement in Guinea will further worsen relations between Libya and France.

"We are in contact with Rio Tinto to try to acquire Rio Tinto's stake in Simfer for $13 billion. If successful, we will hold more than 40% of the Simandou iron ore mine and become its largest shareholder."

Qin Rui continued his report.

Mukhtar frowned, about to be swallowed by the vortex.

"Payne is in charge of building a railway in Liberia to the Simandou iron ore mine. If the railway issue can be resolved, construction of the Simandou iron ore mine will begin this year, entering the formal development phase."

"The Guinean government will not agree to this plan."

Mukhtar exclaimed.

"We must have faith in ExxonMobil's capabilities."

Qin Rui used poison to fight poison.

Before ExxonMobil entered the fray, Rio Tinto and Vale, as major shareholders, did nothing and relied entirely on the strength of East Asian companies, making it difficult to push the project to make substantial progress.

The Guinean government is not worried. It sells development rights every few years. As long as the mines are there, there is no shortage of people willing to take the bait.

The news of the railway construction project in Liberia is still under strict secrecy and has not been announced.

Once made public, it will not only provoke opposition from the Guinean government, but also cause setbacks in Rio Tinto's sale of its shares.

There are some things Qin Rui cannot report to Mukhtar.

When Payne left, he confidently stated that he would secure the North District No. 1 and No. 2 mines at the lowest possible price.

Qin Rui thought Payne would use ExxonMobil's resources to "persuade" the Guinean government.

On the same day Mukhtar returned to Tripoli, a Total exploration team was attacked by militants at the Simandou iron ore mine, resulting in two deaths and six kidnappings.