From September 24 to 27, 2018, Wang Yuetao, general manager of ZhenHua Oil headed a delegation to attend the Asia Pacific Petroleum Conference (APPEC) in Singapore. Hu Keyu, deputy general manager, Zhang Xiaodi, secretary of the Board of Directors, and personnel of related departments of ZhenHua Oil attended the conference.
During the conference, Wang Yuetao and his delegation held talks with directors of Mercuria Energy Group, Ltd, Chevron Petroleum, Vitol Group, ENI and other multinational petroleum corporations, international trading corporation and Hengyuan, Hengli and other independent refineries. He appreciated their efforts in the cooperation with ZhenHua Oil. He pointed out that the natural gas market and local refineries in China are in the process of transformation and upgrading,ZhenHua Oil is actively seeking for LNG trading opportunities. These companies expressed their appreciation for the rapid development of ZhenHua Oil in recent years and introduced their oil and natural gas resources. They expressed their willingness to further expand cooperation with ZhenHua Oil on natural gas while maintaining good cooperation in existing businesses.
During his stay in Singapore, Wang Yuetao also accompanied Li Chunjian, deputy general manager of China North Industries Group Corporation Company Limited, and Fu Zhongwei, secretary of the CPC Panjin Municipal Committee, to meet directors of Saudi Aramco Oil Company and to inspect ZhenHua Oil (Singapore) Trading Pte Ltd.