On March 17, COSCO SHIPPING held a video conference with Sinopec Group and China State Shipbuilding Corporation to discuss further deepening cooperation in the field of LNG shipping and ensuring the safety of national energy transportation. Wan Min, chairman and Secretary of the Party group of COSCO SHIPPING, Ma Yongsheng, chairman and Secretary of the Party group of Sinopec, and Lei Fanpei, chairman and Secretary of the Party group of CSSC attended the meeting and delivered speeches.

At the video conference, the heads of relevant enterprises affiliated to the three groups made reports respectively, reviewed the past cooperation in LNG shipping business such as APLNG project, and agreed that the three groups cooperated sincerely and played important roles in ensuring national energy security and national LNG importation safety, especially at the critical moment of winter supply. With the rapid progress of China's energy structure transformation, the country's demand for LNG is growing rapidly, and LNG has a broad space of development in the future. On the basis of existing good cooperation, we should comprehensively start a new journey of cooperation in LNG transportation.

Wan Min said in his speech that the three groups have a long history of cooperation and rich achievements. The APLNG project in which they jointly participated has become a model of central SOEs cooperation and laid a foundation for further cooperation. The three groups are upstream and downstream of each other, and the industrial chain cooperates with each other. They hope to further expand the advantages of cooperation, tap the potential of cooperation, and constantly create a new situation of cooperation in LNG trade, transportation, shipbuilding, etc., so as to jointly ensure the safety of energy transportation and contribute to the construction of a maritime and energy power.

Ma Yongsheng said that during the "14th five-year plan" and the following period, Sinopec will vigorously develop LNG business and spare no effort to ensure national energy security. We hope to further strengthen communication, enhance mutual trust, promote cooperation to a new and higher level, accelerate the realization of high-quality development, firmly hold the energy income in our own hands, and jointly make due contributions to China's economic and social development.

Lei Fanpei said that the three groups are strategic partners of each other and have long-term good cooperative relations. It is hoped that in the future, the central SOEs can further give play to their advantages, jointly promote the coordinated development of the LNG industry chain, serve the national energy strategy, help the construction of green shipping, ensure national energy security, and promote the transformation and upgrading of national high-end industries.

The meeting was presided over by Huang Xiaowen, deputy general manager of the Group. Leaders of COSCO SHIPPING Group, Sinopec Group and China State Shipbuilding Corporation and heads of relevant companies and departments attended the meeting.