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“The matter was long ago expected, PetroChina has always been the general manager of the group as the chairman of the listed company, and the group's second-hand as the president of the listed company.†There are securities analysts said: “So the personnel changes will not be fundamental to the company Have an impact."
Zhou Jiping's new mission Zhou Jiping is 55 years old. He has served as deputy director of the International Exploration and Development Cooperation Bureau of China National Petroleum Corporation, general manager of China National Petroleum Exploration and Development Corporation (referred to as China Petroleum Exploration), and deputy general manager of CNPC. He is a 35-year oil company. Old oil people with experience working in the industry.
“From 1996 to 2003, he was specifically responsible for the overseas expansion of PetroChina, and since then was one of the main decision makers for the overseas M&A of PetroChina. This experience has made him one of the few senior management companies with overseas investment decisions in the domestic oil industry. "Sinopec executives who understand Zhou said:" With the increase in domestic production difficulties, how to use the international market to meet domestic demand is a common issue facing the three major companies, and Zhou will have more room for development."
In May, overseas capital markets have rumors that CNPC will acquire 50% equity interest in China Petroleum Exploration from its parent company, making CNPC Exploration become a wholly-owned subsidiary of CNPC. Regarding this, PetroChina did not deny that it is currently negotiating with the Group on issues including price, and it is expected that the two parties can reach an agreement by the end of July.
CNPC Exploration was established in 2005 and is responsible for expanding the overseas market for the Group. At present, China National Petroleum Corporation and listed company PetroChina each hold 50% of the shares.
An insider of CNPC revealed that since the Chen Geng era, the former general manager of CNPC, the company’s overseas business development has been incorporated into consideration. There is no division between the parent company and the listed company. After CNPC Exploration fully enters into the listed company, as president, Zhou will have more room to expand its overseas business.
For Zhou, there are two other businesses that are the focus of its efforts, namely how to achieve the expansion of its refining segment and how to maximize the market share of CNPC's natural gas pipeline transportation business.
At present, the refineries of CNPC generally have a relatively small scale and a low level of installation facilities. Although they have undergone expansion and reconstruction for 10 years, they are still at a distance from the international advanced level; in addition, after the central government proposes to optimize the energy structure, CNPC has been expecting to rely on the natural gas pipeline network throughout the country to obtain the largest domestic market share.
After Zhou Jiping took over as the president, he also has to work hard for these two business segments.
The new management echelon of the appointment of Zhou Jiping, industry experts believe that the construction process of the PetroChina management echelon is a link. In this echelon, there are also two powerful executives.
Liao, 45, is currently deputy general manager and chief security officer of CNPC, and concurrently serves as vice president of listed companies. He graduated from the Drilling Engineering Department of Jianghan Petroleum Institute. Since 1993, he has served as deputy chief engineer of Shengli Oilfield, deputy director of exploration and development division of CNPC New Area, general manager of Tarim Oilfield Branch, deputy director of Gansu Economic and Trade Commission, director of Sichuan Petroleum Administration Bureau, etc. . In February this year, he was just promoted to deputy general manager of China National Petroleum Corporation.
"He has great ability. He has been working step by step from the mining line. He spent the last two years in the group's key oil fields. He has extensive management experience," said one person familiar with Liao.
According to him, at the end of 2003, after the blowout occurred in Kai County, Liao was quickly transferred back to Gansu from Gansu by the central government and became the assistant to the general manager. In April of the next year, he was concurrently the head of the coordination group of the oil companies in the Sichuan-Chongqing area and the Sichuan Petroleum Administration Bureau. The Secretary is responsible for the overall management of the oil companies in the region.
At that time, Ma Fucai, the former general manager of CNPC, had just left office. Sichuan Petrochemical's Sichuan Petroleum Administration and Southwest Oil and Gas Branch and other companies in Sichuan-Chongqing region had low staff morale. Liao was always in danger. He traveled to all the PetroChina subordinate enterprises in the region and put forward detailed measures for safe production. In order to boost morale, he repeatedly discussed with the employees and explained the interests to them.
Under the leadership of Liao forever, the production and operation of the oil companies in the Sichuan-Chongqing region quickly went on track and became the main force of China National Petroleum Corp’s entry into the central China natural gas market.
“And he is the same with Jiang Jiemin and Su Shulin (currently chairman of Sinopec): There is experience of hanging out at local places. This is very important for leaders of central SOEs.†The above sources said.
Jiang Fanbi Liao is always one year old. He is currently a director of China National Petroleum Corporation and concurrently serves as general manager of PetroChina Dalian Petrochemical Company.
On March 20, PetroChina announced that Dalian Petrochemical will build China's largest refinery base within the year. At that time, Dalian Petrochemical's annual crude oil processing capacity can reach 20.5 million tons, of which the capacity for processing sulfur-containing crude oil can reach 15.5 million tons, which exceeds Zhenhai Refining and Chemicals, which is owned by Sinopec, and becomes the largest domestic refinery base.
The leader who directs the construction of this project is Jiang Fan.
According to reports, Jiang Fan, who has a master degree in chemical engineering and has a master's degree, started as a deputy manager of Dalian Petrochemical Company in December 1996, and he is responsible for the Dalian Petrochemical expansion and transformation project. For this project, he not only travelled all over the world's major oil refineries in order to learn from others' lessons, but also went overseas for further studies, which made him aware of the latest technological developments in the international oil refining industry.
It is with these accumulations that Dalian Petrochemical has rapidly emerged within the domestic oil industry.
Li Rongrong, the director of the State-owned Assets Supervision and Administration Commission, once stated publicly that within a few years it is necessary to establish a talent team with a reasonable age structure that suits the strategic development needs of the central enterprises, a clear hierarchical structure, and professional structures.
In the industry's view, the petroleum and petrochemical industry is a capital- and technology-intensive industry. From an international perspective, there is a need for management personnel with technical know-how to take the lead.
“This time it is precisely this kind of consideration for the personnel arrangement of PetroChina.†A veteran of the oil and petrochemical industry said: “For CNPC's decision-makers, how to protect domestic petroleum strategic safety and quickly put the company under the backdrop of high oil price? Strengthening is equally important. This requires not only a deep professional background at the decision-making level, but also the consistency and stability of its decision-making."
Zhou Jiping took charge of the new management echelon of PetroChina
On May 16th, China National Petroleum Corporation (601857.SH) announced that Jiang Jiemin resigned from the post of president and still served as chairman of the company. The post of president was taken over by Zhou Jiping, executive director, and concurrently served as vice chairman.