Posted inPower List Oil & Gas Middle East Power 50 2019

Chan Chauto

Chan Chauto,President,CEFC China Energy

Chan Chauto

After acquiring a 4% stake in an onshore ADNOC concession, agreeing to a 40-year term and a total investment of $1.8bn, CEFC China Energy transferred its interest to a subsidiary of China ZhenHua Oil Company. The company has faced scrutiny lately as part of a wider bribery investigation, which has seen its chairman step down.

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