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PetroChina, China’s top oil company, unveiled its first corporate
social responsibility (CSR) report yesterday, highlighting energy supply,
public welfare, and health, safety and environment (HSE) obligation to
employees.

The Hong Kong- and New York-listed company gave top priority to
fulfilling its social responsibilities in facilitating economic and social
development while ensuring a stable energy supply.

“We focus on developing our core business of oil and gas and strive to
ensure stable energy supply In addition, we always pay close attention
to the interests of stakeholders and actively participate in public
welfare activities with an aim of harmonious development between our
enterprise and society,” said Jiang Jiemin, president of PetroChina.

PetroChina took various measures to improve its HSE management last
year, investing 13.2 billion yuan in eliminating potential safety and
environmental hazards, according to its CSR report.

Last year, the firm’s integrated energy consumption in oil and gas
production, and refining and producing ethylene products was reduced by 18
percent, 14 percent, and 13 percent respectively. It saved more than
1.3 million tons of coal equivalent and around 60 million cubic meters of
water in the process.

“PetroChina is both a large producer of energy and a large consumer of
resources We focus on energy and water conservation as well as
efficient and consolidated land use,” Jiang said.

With the increasing supply of gas from PetroChina, the natural gas
consumption in Beijing rose to 3.8 billion cubic meters in 2006 and the
number of gas-consuming households reached 3.21 million.

The company also made substantial efforts in developing bio-fuel. It
has started the construction of the first phase of the non-grain bio-fuel
operation center in Yunnan and Sichuan, marking significant progress
in bio-fuel development.

PetroChina last year donated 80 million yuan for natural disaster
relief and 16 million yuan for education. It also participated in various
community activities not only at home, but also abroad.

The company donated 12 ambulances to various communities and 100
computers to schools in Kazakhstan, and took up the responsibility of
maintaining community roads in the country.

To support Indonesia’s infrastructure development, PetroChina
contributed 6.4 million yuan to repaire roads and municipal buildings there.

By Wang Yu