Energy Council > Meet The Speakers > Meet The Speaker > Li Zhaoxia, Petroleum Exploration & Production Research Institute, Sinopec

September 2018

 

What question or industry issue are you looking forward to hearing about at the China Energy Assembly?
  • oil demand and supply in the near future
  • global gas supply and the LNG requirement
  • shale and tight oil & gas commercial production beyond North American
  • geopolitical issues related to the oil and gas

 

What are your, and your company’s objectives for 2019?

As an petroleum and chemical company, Sinopec must make its effort to satisfy the investors. For the coming years, I think Sinopec is going to optimize the assets structure and introduce the private. investments to participate the operations. For the overseas operations, Sinopec is going to purchase the suitable assets and sale the current operating assets which does not matched the company’s strategies.

 

In your tenure at Sinopec so far, what has been the greatest challenge you have faced?

As the overseas assets evaluating expert, the greatest challenges I have faced are:

  • First, the assets data is not enough and the time is short for us to make the final value decision.
  • Second, we are not familiar with the assets type, such as the oilfield which was offshore and the unconventional.
  • Third, the oil price is critical for the assets value, and the price is related to a lot of factors which are difficult to predict.

 

What game-changing discovery / project / technology is currently making waves?
  • The North American shale oil and gas commercial production
  • The geopolitical issues related to the rich petroleum resources countries
  • The renewable and the new energy development

About Ms. Li Zhaoxia

Major work experiences:

July 1984~March 1989, worked in NO.2 & NO.3 Production plant of Dagang Oilfield, CNPC. being assistant production engineer, in charging of new production techniques field application.

April 1989～January 2001, worked in Petroleum Engineering Techniques Research Institute of Henan Oilfield, being production engineer and senior production engineer, working in new oilfield production engineering planning.

February 2001～April 2004, worked in exploitation division of PEPRIS (petroleum exploration & production research institute, Sinopec), being program leader, doing Sinopec oil & gas development long term planning.

 

May 2004～April 2010, working in Overseas Research Center of PEPRIS, being exploitation team leader, in charging of overseas oilfield reservoir engineering evaluation.

May 2010～March 2013, executive director of the Overseas Project Evaluation of PEPRIS.

April 2013～December 2015, professor director of the Overseas Project Evaluation of PEPRIS.

January 2016～currently, Senior expert of PEPRIS.

In charging of more than 300 overseas oilfield assets evaluation and contributing a lot for Sinopec overseas assets acquisition.

Ms. Li Zhaoxia will be speaking on the ‘China Energy Market' panel at the upcoming China Energy Assembly in Beijing,10-11 October 2018. Click on the button below to download the latest agenda with all confirmed speakers.

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