Caixin OnlineBusiness & IndustryTop Stories Industry CNPC Scandal Has Links to Oil Fields in Iraq
11.22.2013 19:39

CNPC Scandal Has Links to Oil Fields in Iraq

Zhou Bin and classmate arranged deal that involved shipping Chinese equipment though United States to company in the Middle Eastern country
By staff reporters Huang Kaixi, Yu Ning, Wang Xiaoqing, Li Xuena and Wang Duan

(Xi'an) – A legal storm that started with China's largest state-owned oil company has expanded to include Iraq and led to the detention of more people.

Mi Xiaodong, a former mid-level official at China National Offshore Oil Corp. (CNOOC) was detained by party discipline officials in early October, sources say. The source also said Mi was managing oil business for Zhou Bin, former chairman of Beijing Zhongxu Yangguang Petroleum and Natural Gas Technology Ltd.

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