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CSET Signed Memorandum of Cooperation with PetroChina Yunnan Petrochemical and PetroChina International
发布时间: 2020-12-21 分享到:

On December 18, 2020, the renewal ceremony of the COA memorandum of cooperation among COSCO SHIPPING Energy, PetroChina Yunnan Petrochemical, and PetroChina International was held in Shanghai. Liu Hanbo, Chairman and Party Secretary of CSET, Wu Kai, General Manager of PetroChina Yunnan Petrochemical, Zheng Jun, Deputy General Manager of PetroChina International, and Luo Yuming, Deputy General Manager of CSET attended the signing ceremony.

Liu Hanbo expressed his gratitude to PetroChina Yunnan Petrochemical and PetroChina International for their long-lasing support and cooperation, and reaffirmed the concerted efforts of the three parties to overcome hurdles, face challenges, and implement projects. He believes that the trilateral cooperation features strategic vision, mutual trust, transparency, and win-win results. He stressed that future cooperation should be fortified in three directions. First, focus on the big picture, and make efforts and contributions in integrating into the new pattern of dual-cycle development. The second is to grasp the trend of the market. Considering the actual conditions of the two central SOEs, look for the best measures and solutions through negotiation and analyses. The third is to achieve mutual benefit and win-win results. The three companies should cultivate new opportunities and create new situations in the beginning of the 14th Five-Year Plan.

During the meeting, the three parties reviewed the past cooperation and the implementation of COA projects, then exchanged ideas on deepening cooperation. On behalf of the three parties, Wu Kai, Zheng Jun, and Luo Yuming signed the Memorandum on Crude Oil COA and Other Business. In the future, the three parties will take the memorandum of cooperation as an opportunity to establish a comprehensive strategic partnership. Seeking coordinated development, the three will make greater contributions to the "Belt and Road Initiative".

Li Duoshun, Deputy Chief Economic Engineer of PetroChina Yunnan Petrochemical, and personnel from PetroChina International Shipping Department and VLCC Department of CSET attended the meeting and the signing ceremony.


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