SINGAPORE (Reuters) – PetroChina International, the trading arm of the Chinese oil major, has appointed former senior crude oil trading executive Sun Jinhua as head of its Singapore operations, several trade sources said this week.
Sun, who was formerly the general manager of PetroChina International’s Hong Kong division and also headed its crude trading business in Beijing, took on the new role in mid-October, the sources said.
He replaced Li Shaolin, who is relocating to China as a senior executive at PetroChina International’s South China operations, the sources said.
PetroChina did not immediately respond to a request for comment.
PCI Singapore is one of the company’s three trading hubs besides Houston and London that trades crude oil, refined products and liquefied natural gas. Its subsidiary, Singapore Petroleum Co (SPC), owns half of the 290,000 barrels per day refinery operated by Singapore Refining Co, a joint venture with Chevron Corp.
(Reporting by Florence Tan and Chen Aizhu; Editing by Sonia Cheema)
