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China Offshore Oil Executive Appointed as Energy Policy Official

Posted by June 21, 2016

Li Fanrong, former president of China's offshore oil and gas specialist CNOOC Ltd, has been appointed as a deputy chief of the National Energy Administration, China National Offshore Oil Company said.
 
Li, 52, joined the state energy firm in 1984, shortly after its establishment, with experience mostly in oil and gas exploration and development. Li became CNOOC Ltd's president in 2010.
 
The new appointment came from the State-owned Assets Supervision and Administration Commission, or SASAC, according to a brief statement posted on the website of CNOOC.
 
CNOOC Ltd announced last week that Yang Hua, chairman of the board, was re-designated as the Chief Executive Officer of the company.

(Reporting by Chen Aizhu)

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