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Home > Company Index > Energy > Oil & Gas Refining & Marketing > Chinese Petroleum Corporation

Chinese Petroleum Corporation
 PROFILE
This Chinese petroleum is offshore from mainland China -- in Taiwan. Chinese Petroleum Corporation (CPC) is engaged in the exploration, production, refining, storage, transportation, and the sale of petroleum products in Taiwan. The state-owned monopoly has stakes in oil and gas exploration ventures in the Americas, Indonesia, Taiwan, and the United Arab Emirates, and has reserves of 6.7 million barrels of oil and more than 1.4 billion cubic meters of gas. It also produces natural gas, kerosene, fuel oil, ethylene, propylene, and other refined products, CPC operates 600 gas stations, as well as boat and aviation refueling stations, throughout Taiwan. The Taiwanese government has CPC on track for privatization.

 COMPETITION
Cosmo Oil Company, Limited (5007)
Exxon Mobil Corporation (XOM)
TOTAL FINA ELF S.A. (TOT)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 14,149.40
1-Yr. Sales Growth: 17.3%
Employees: 17,356
Revenue per employee: $815,245.45

 KEY PEOPLE
• Wenent W. Y. Pan
    CEO
• N. F. Chung
    CFO

 CONTACT INFO
83 Chung Hwa Rd., Sec. 1
Taipei 10031, Taiwan
Phone: 886-2-2361-0221
Fax: 886-2-2331-4883
Online: Web Site

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