The relevant functional departments of China Petroleum assume the responsibility of supervision, while the relevant leading cadres, functional departments and responsible comrades of China Petroleum and Natural Gas Group Company fail to perform their duties correctly and assume corresponding responsibilities. According to the decision of the CPC Central Committee and the State Council, the relevant departments have dealt with the problem of PetroChina's reselling of imported crude oil seriously in accordance with the law and regulations, and recovered the illegal profits of PetroChina's reselling of imported crude oil.
It has seriously disrupted the order of the oil market, encouraged local illegal refining enterprises to blindly develop backward production capacity, encouraged some places to illegally approve local refining projects, undermined the market environment of fair competition, indirectly caused national fiscal and tax losses, and seriously undermined the party style and social atmosphere. The Commission for Discipline Inspection of the CPC Central Committee and the State Supervision Commission have seriously investigated and dealt with the dereliction of duty of relevant party organizations and leading cadres in party member. The party group of PetroChina bears the main responsibility, the fuel company bears the direct responsibility, and the relevant functional departments of PetroChina bear the regulatory responsibility. Relevant leading cadres, functional departments and responsible comrades of China Petroleum and Natural Gas Group Company failed to perform their duties correctly and assumed corresponding responsibilities.
The relevant departments have dealt with the problem of PetroChina reselling imported crude oil seriously according to the rules and regulations, and recovered the illegal profits of PetroChina reselling imported crude oil. Effectively strengthen the party's leadership over state-owned enterprises, promote all kinds of enterprises to operate according to law, create a fair competitive operating environment, and promote the improvement of the socialist market economic system. The National Audit Office found that the company had irregularities in crude oil trading. The company has always actively cooperated with the investigation, carefully checked the company's internal control system, improved the company's crude oil trade related system, and completed the rectification of related issues.