Liao Yongyuan 廖永远 | |
|---|---|
| Born | 1962 (age 62–63) |
| Alma mater | Jianghan Petroleum University China University of Petroleum |
| Occupation | President ofChina National Petroleum Corporation |
| Years active | 1985–2015 |
| Political party | Chinese Communist Party (expelled) |
Liao Yongyuan (Chinese:廖永远;pinyin:Liào Yǒngyuǎn; born 1962) is a former Chinese business executive. He was the president ofChina National Petroleum Corporation (CNPC), which is the oil giant of China. Liao is also nicknamed "Northwest Tiger" (西北虎).[citation needed] On March 15, 2015, Liao Yongyuan was placed under investigation by the Communist Party's anti-corruption agency.[1]
Liao Yongyuan was born inSongzi,Hubei in 1962. He graduated fromJianghan Petroleum University (nowYangtze University) andChina University of Petroleum. In 1999, Liao became the general manager of Tarim Oilfield (塔里木油田).[2] He became the assistant to the general manager of the CNPC in 2004 and he became the vice-president of CNPC in 2007.[3] In 2013, Liao Yongyuan became the president of CNPC.[4]
On March 15, 2015, Liao Yongyuan was placed under investigation by theCentral Commission for Discipline Inspection of theChinese Communist Party for "serious violations of laws and regulations".[1] He was expelled from the Communist Party on June 15, 2015.[5] On January 19, 2017, he was sentenced to 15 years, and fined 1.5 million yuan.[6]