PROFILE |
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Big Oil in China means state-owned China National Petroleum Corporation (CNPC), which has been that country's largest integrated oil and gas company. The giant company, which held proved reserves of 13.3 billion tons of oil and 1.25 trillion cubic meters of natural gas, is restructuring and has spun off its domestic assets into a separate company, PetroChina. CNPC is retaining its international exploration and production operations, including those in Iraq, Kazakhstan, Papua New Guinea, Sudan, and Venezuela. It is also keeping some older refineries in China as well as its social services division, which owns schools and medical clinics.
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FINANCIAL OVERVIEW |
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2000 Sales (mil.): 48,791.10
KEY PEOPLE |
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Ma Fucai
CEO
Lin Jingao
CFO
CONTACT INFO |
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Liupukang, Xicheng District
Beijing 100724, China
Phone: 86-10-6201-6107
Fax: 86-10-6209-4806
Online: Web Site
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