Fortune Oil Plc - FTO- Profile

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Website: http://www.fortune-oil.com

Phone: +44 20 7824 8411
Address:
7 Buckingham Palace Road
London, SW1W TQ
Company Description
Fortune Oil PLC. The Group's principal activity is investing and managing oil and gas and infrastructure projects in China. The Group operates distribution pipelines and city gas reticulation systems as well as facilities to produce and transport Compressed Natural Gas. The Group also has operations relating to the supply of jet fuel to most of the airports in south and central China and delivering 10% of China crude oil imports. The Group also owns and operates refuelling infrastructure at 15 airports in south China. These include Wuhan, Guilin and the new Guangzhou Baiyun International Airport. The Group has operations in the United Kingdom and China. Oil Trading and Storage acctd for 61% of 2005 revenues; Single Point Mooring Facility, 26%; Natural Gas, 13% and Others, nominal
Key People
Non Executive Chairman Qian Benyuan
Executive Vice Chairman Daniel T. Chiu
Chief Executive Li Ching
Group Financial Controller Sammy Ng
Secretary Sandi Choi

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