History of China National Petroleum Corporation (CNPC)

1.

Evstigneev Dmitry
Yang Zimo

2.

HISTORY OF CNPC
1955 - Ministry of Petroleum Industry of the People's Republic of China
1988 - China National Petroleum Corporation
1998 - China National Petroleum Corporation (Group)
The Logo of CNPC
CNPC

3.

WORLDWIDE ACTIVITIES OF CNPC

4.

WORLDWIDE ACTIVITIES OF CNPC
Major Events with Russia
• Dec. 17 2015 CNPC and Gazprom signed an agreement to design and construct the
Eastern Route of Russia-China Gas Pipeline.
• Jun. 25 2016 CNPC and Gazprom signed an MOU on promoting cooperation in underground
gas storage and gas power generation projects.
• Jul. 20 2016 The Second Russia-China Crude Pipeline started construction in Heilongjiang.
• Nov. 7 2016 CNPC and Gazprom signed an agreement to cooperate in mutual recognition of
standards and conformity assessment results and an MOU to explore the opportunities for
cooperation in the NGV sector

5.

CNPC AND RUSSIA (HISTORY)
Since 2003 with:
• In 2006 - Vostok Energy
• In 2013 - memorandum of understanding in upstream
• In 2017 - stragetic cooperation agreement with NOVATEK
Nowadays: corporation provides services for geophysical exploration, supply in
equipment

6.

ENVIRONMENTAL PROTECTION
1
New
technologies
that ensure
environmental
protection
2
Improving
energy
efficiency by
protecting the
environment
3
Reduction of
emissions
4
Minimization
of pollution
during
production
activities

7.

KEY INDICATORS
Financial indicators (2016-2018)
Total revenue
(in billion yuan)
Net revenue
(in billion yuan)
2016
50.7
2017
53.3
2018
110.6
26.8
17.6
42.8
2016
162.98
2017
171.34
2018
176.37
121.30
128.73
138.02
Oil and Gas (2016-2018)
Extraction of crude
oil
(in million tons)
Extraction of
natural gas
(in million m3)