Re: Oils well that ends wellþ From: Mark Smyth ([email protected]) Sent: Saturday, 8 March 2008 6:03:14 PM To: xxxxxxxxxxxxxx Cc: Paul Williams ([email protected])
Nick
I really enjoy your emails : you are so far ahead of the game
Having been the frontrunners , the Chinese are rapidly falling out of favour and we are stepping into their spot . The Angolans are fed up with the way that the Chinese give no work to the locals and do everything themselves . Even worse the Chinese have emptied their prisons and sent the inmates to Angola to work as chaingangs . For example near Longonjo there is a Chinese chaingang who have helped us build the road : the poor bastards had not been paid and were sleeping by their D9 equipment so were delighted to moon -light for us . As a result we have built a road and other infrastructure for a fraction of the cost
The key to the refinery is to get Sonangol to guarantee the supply of oil and the offtake of the products : this is going to be a real money-spinner
Mark
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