PetroChina's subsidiary sold 180 million tons of imported crude oil over a period of 15 years, which was the first major case of violations by central enterprises exposed in recent years. The length of time and the amount of money are astonishing.
According to Xinhua News, the Audit Office found that in June 2006, PetroChina's fuel oil company sold 400,000 tons of imported crude oil to Shandong Binhua Group in the name of "blended fuel oil", and since then began CNPC's more than ten years of scalping of crude oil.
The audit results show that over the years, PetroChina Fuel Oil Company has sold a total of 179.5 million tons of imported crude oil, which has been sold to 115 local refining enterprises.
Nearly 180 million tons of crude oil, the value of goods should be about 500 billion yuan, so many years of how to make decisions, how to deal with the accounts, how to pass the audit, so many years not to be discovered, is indeed a "miracle".
Relevant departments pointed out that the resale of crude oil by CNPC Fuel Oil Company not only seriously violated the national industrial policy and seriously disrupted the order of the oil market, but also encouraged the blind development of backward production capacity of refining enterprises in violation of regulations, and encouraged some localities to approve refining projects in violation of regulations. At the same time, it has undermined the market environment of fair competition and indirectly caused the loss of state finance and tax revenue, which is serious in nature.
Coincidentally, the first business of PetroChina Fuel Oil Company's scalping was for Shandong Binhua Group, which began to start the listing work in the fourth year of becoming the scalping of petrochina fuel oil company, that is, in 2009, and was officially listed on the Shanghai Stock Exchange in February 2010, referred to as "Binhua Shares (601678)".
According to the data, Binhua Group was restructured into a joint-stock company in 2007, and the controlling shareholders were Zhang Zhongzheng, Shi Qinling, Chu Zhaosheng and other natural persons, with a total shareholding of more than 60% and a proportion of 10% held by local state-owned assets. In the few years before and after the listing of Binhua Group, the business developed rapidly, and was there any relationship with the case of petroChina Fuel Oil Company's scalping of crude oil? Sit back and wait for the listed company's announcement.