China Petroleum Pipeline Engineering

The China Petroleum Pipeline Engineering Co., Ltd. (CPP) is a subsidiary of the China National Petroleum Corporation and the primary builder of pipelines in China. The company has built much of the cross-country pipeline infrastructure in China and had several large-scale projects abroad.[1]

China Petroleum Pipeline Engineering Co., Ltd.
IndustryOil & Gas
Headquarters
Langfang, Hebei, China
Number of locations
China, Sudan, Libya, Mozambique, India, Thailand, Kazakhstan, Uzbekistan, Russia, United Arab Emirates, Chad, Niger, Myanmar, Iraq
Websitecpp.cnpc.com.cn/gdjen/

Projects

Cancelled projects

Controversies

Money laundering

Further information: 1Malaysia Development Berhad scandal

In August 2018, China Petroleum Pipeline Engineering, a subsidiary of China National Petroleum Corporation, was accused of participating in corruption and money laundering involving 1MDB and then Malaysian prime minister Najib Razak.[5] The company denied allegations that it had diverted $2 billion in payments received to third-party companies in the Cayman Islands controlled by 1MDB. At the time, the project paid for by the Malaysian government, was only 13% incomplete, but the money paid corresponded with a project that was close to 80% complete.[6] In July 2019, Malaysian authorities seized $243.5M from China Petroleum Pipeline Engineering to compensate for the paid for but unfinished pipelines.[6]

References
  1. "China National Wins Reliance Gas Pipeline Contract in India". Bloomberg. July 8, 2014.
  2. "Abu Dhabi Crude Oil (Habshan-Fujairah) Pipeline Project, United Arab Emirates". Hydrocarbons Technology.
  3. "Gas pipeline to Russia has biggest pipes in China". CCTV America. June 30, 2015.
  4. Palma, Stefania (September 9, 2018). "Malaysia cancels China-backed pipeline projects". The Financial Times. Archived from the original on September 9, 2018. Retrieved September 10, 2018. Lim Guan Eng, Malaysian finance minister, said the cancelled projects were two oil and gas pipelines in mainland Malaysia and the island of Borneo that cost more than $1bn apiece, and a $795m pipeline linking the state of Malacca to a Petronas refinery and petrochemical plant in the state of Johor [...] Only an average of 13 per cent of the pipelines’ construction has been completed, while almost 90 per cent of the projects’ value has been paid to contractor China Petroleum Pipeline Bureau, according to the finance ministry.
  5. Webmaster, M. T. (2018-08-05). "China's largest oil group CNPC refutes subsidiary's role in 1MDB money-laundering scandal". Malaysia Today. Retrieved 2022-03-18.
  6. "Malaysia seized $240 million from Chinese company over pipeline project: PM Mahathir". Reuters. 2019-07-15. Retrieved 2022-03-18.
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