Reselling 179.5 million tons of imported crude oil, PetroChina was investigated and dealt with!

According to Xinhuanetco.Ltd(603888) , the recent audit by the National Audit Office found that Petrochina Company Limited(601857) fuel oil companies subordinate to natural gas Group Co., Ltd. (hereinafter referred to as fuel oil companies) had the problem of reselling imported crude oil . According to the deployment of the CPC Central Committee and the State Council, the joint investigation team of the State Council carried out verification and investigation in accordance with laws and regulations, objective, fair and realistic.

After verification and investigation, in June 2006, the fuel oil company sold 400000 tons of imported crude oil to Shandong Binhua group in the name of “blended fuel oil”, and PetroChina reselled the imported crude oil . Over the years, PetroChina has sold 179.5 million tons of imported crude oil to 115 local refining enterprises. During this period, the main leaders of PetroChina group have seriously neglected their duties and responsibilities. PetroChina’s reselling of imported crude oil violates the administrative license law and other laws and regulations and relevant provisions on the management of crude oil products, seriously violates the national industrial policy, seriously disrupts the order of the oil market, encourages the blind development of backward production capacity of illegal local refining enterprises, encourages some local illegal approval of local refining projects, and destroys the market environment of fair competition, Indirectly caused the loss of national finance and taxation, and seriously damaged the Party style and social atmosphere.

After careful investigation by the Central Commission for Discipline Inspection and the State Supervision Commission on the dereliction of duty of relevant party organizations and Party members and leading cadres, the Party group of PetroChina bears the main responsibility, the fuel oil company bears the direct responsibility, and the relevant functional departments of PetroChina bear the regulatory responsibility. Relevant leading cadres of CNPC, relevant responsible comrades of functional departments and fuel oil companies fail to perform their duties correctly and fulfill their responsibilities, and bear corresponding responsibilities. According to the decisions of the CPC Central Committee and the State Council, the relevant departments have dealt with the problem of PetroChina reselling imported crude oil seriously in accordance with regulations and disciplines, and recovered the illegal profits of PetroChina reselling imported crude oil.

All regions, relevant departments and central enterprises should deeply study and understand the significance of the CPC Central Committee and the State Council in seriously investigating and dealing with the problem of CNPC reselling imported crude oil, enhance the “four awareness”, strengthen the “four self-confidence”, achieve the “two maintenance”, earnestly strengthen the party’s leadership over state-owned enterprises, and promote all kinds of enterprises to operate in accordance with laws and regulations, Create a business environment of fair competition and promote the improvement of the socialist market economic system.

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