China National Petroleum Corporation
| China National Petroleum Corporation
|
|
|---|---|
 |
|
| legal form | Centrally managed company |
| ISIN | CNE1000002Q2 |
| founding | 1988 |
| Seat | Beijing , People's Republic of China |
| management | Wang Yilin , chairman |
| Number of employees | 1,355,000 |
| sales | 2.52 trillion CNY (248 billion euros ) |
| Branch | oil and gas |
| Website | www.cnpc.com.cn |
| As of March 26, 2020 | |
China National Petroleum Corporation ( CNPC ) is a state-owned Chinese oil company . Together with CNOOC and Sinopec , CNPC is one of the three largest oil companies in China. The company is headed by Wang Yilin . In 2017, the Chinese group employed a total of over 1.3 million people.
history
The Chinese Ministry of Petroleum was founded in 1949, from which the China National Petroleum Corporation emerged as the successor organization in 1988. Internationalization began in 1993 with the signing of a service contract for an oil field in Peru .
In August 2005, the company became the first in China to buy a foreign oil company, Canada-based PetroKazakhstan for $ 4.3 billion . CNPC thus secures part of the Kazakh oil, which is also exported to Russia and Europe.
On November 13, 2005, petrochemical plant No. 110 about the chemical accident in Jilin , in which the factory exploded and the Songhua Jiang was contaminated. Since the river serves as the basis for the drinking water supply in the region, the supply had to be partially interrupted. The metropolis of Harbin was also affected.
On September 25, 2007, CNPC signed a joint venture with the government of Chad to refine oil in Chad.
On September 7, 2013, the CNPC and KazMunaiGaz signed contracts that gave CNPC an 8 percent stake in the Kashagan oil field in the northern Caspian Sea for five billion US dollars . The reserves of the oil field are estimated at around 38 billion barrels (159 liters each).
On May 21, 2014, CNPC signed a contract with the Russian state-owned natural gas production company Gazprom for the delivery of at least 38 billion cubic meters of gas to China annually from 2018 for a period of 30 years. In total, the value of the deal is around 400 billion US dollars.
subsidiary company
PetroChina is a subsidiary of the state-owned CNPC and sold 4 billion shares in Shanghai in early November 2007 , bringing 2.2 percent of its expanded share capital to the stock exchange. Another subsidiary is Kunlun Energy , which is listed on the Hong Kong Stock Exchange . The CNPC-AktobeMunaiGas in Kazakhstan is 91 per cent owned by CNPC.
Business areas
CNPC's business is divided into the three areas of Oil & Gas Operations (CNPC's main business), Field Services, Engineering & Construction and Petroleum Equipment .
The Oil & Gas Operations division is in turn divided into Upstream, Midstream, Downstream and Chemicals, so that CNPC covers the entire value chain of the oil industry.
In the upstream area, CNPC is now active in 26 countries apart from China. Overall, the company claims to have over 3,062 million tons of oil and 2,320 million tons of gas reserves.
Midstream mainly operates pipelines totaling 39,316 km in length in China, but pipelines have also been built for international activities, including in Sudan and Kazakhstan .
In the downstream area it operates several refineries , which in 2007 produced a total of 77 million tons of petroleum products - 49 million tons of which were diesel fuel and 25 million tons of gasoline . CNPC operates 18,648 gas stations in China .
The chemicals division produces basic chemicals such as polyethylene , polypropylene and polyester .
Incidents
Chongqing gas leak in 2003
243 people died and 2,142 were hospitalized when gas leaked from well 16H in Luojia on December 23, 2003.
A chemical plant explodes and benzene spills into the Songhua River
On November 13, 2005, a chemical plant in Jilin Province exploded. Five people died and nearly 70 were injured. After the explosion, benzene leaked into the Songhua River, cutting off water supplies for 3.8 million people.
Explosion of a gas pipeline in Sichuan
On January 20, 2006, a gas pipeline in Sichuan exploded. According to official reports, nine people were killed and nearly 40 injured.
Chongqing gas leak in 2006
On March 25, 2006, well 2 at Luojia leaked gas. The third attempt at closure six days after the leak was successful. According to official figures, 15,000 people have been evacuated.
Diesel leakage into the tributaries of the Yellow River
In January 2010, approx. 150 m³ of diesel flowed from a leak in a diesel pipeline into the Chishui and Weihe rivers, which flow into the Yellow River. According to an investigation by CNPC, the damage occurred during construction work by a third party.
Explosion of an oil pipeline in Dalian
On July 16, 2010, 11 km² was "heavily" polluted as a result of an explosion.
Web links
- Website of CNPC (English)
Individual evidence
- ↑ Wang Yilin ( Memento of the original from June 27, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ 2017 Annual Report. Retrieved June 14, 2020 .
- ↑ 2019 Annual Report. Retrieved June 14, 2020 .
- ↑ China and Chad sign joint venture refinery agreement ( Memento from March 1, 2011 in the Internet Archive )
- ↑ China joins the Kazakh oil project. In: FAZ.net . September 7, 2013, accessed December 16, 2014 .
- ↑ Gazprom: Russia and China sign billions in contracts for natural gas. In: zeit.de. May 21, 2014, accessed December 16, 2014 .
- ↑ The most expensive company in the world. In: FAZ.net . November 5, 2007, accessed December 16, 2014 .
- ↑ Prompt response to gas leakage keeps locals safe, sound . Chinese Government's Official Web Portal. Archived from the original on May 2, 2006. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved May 29, 2012.
- ^ Cause of Jilin chemical plant blasts found . Chinese Government's Official Web Portal. Archived from the original on May 25, 2014. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved May 29, 2012.
- ↑ Thorough probe into toxic spill to be launched . Chinese Government's Official Web Portal. Archived from the original on May 25, 2014. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved May 29, 2012.
- ↑ Gas pipeline blast kills 9 in Sichuan . Chinese Government's Official Web Portal. Archived from the original on May 22, 2014. Info: The archive link was automatically inserted and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved May 29, 2012.
- ↑ Prompt response to gas leakage keeps locals safe, sound . Chinese Government's Official Web Portal. Archived from the original on May 2, 2006. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved May 29, 2012.
- ↑ Efforts made to cap leaking gas well . Chinese Government's Official Web Portal. Archived from the original on April 25, 2006. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved May 29, 2012.
- ^ Diesel spill contaminates Yellow River tributaries . Chinese Government's Official Web Portal. Retrieved on May 29, 2012. ( Page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ^ Cleanup underway after oil pipeline leak in NW China . Chinese Government's Official Web Portal. Retrieved on May 29, 2012. ( Page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ Improper desulfurizer injection causes Dalian oil pipeline explosion: investigation . Chinese Government's Official Web Portal. Archived from the original on December 31, 2010. Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved May 29, 2012.
