中国石油天然气股份有限公司PetroChinaCompany.PDF

中 国 石 油 天 然 气 股 份 有 限 公 司 P e t r o C h i n a C o m p a n y L i m i t e d 中国北京东城区东直门北大街9 号 9 Dongzhimen North Street, Dongcheng 新 闻 稿 邮编：100007 District, Beijing,100007,P.R.China 电话：86-10 TEL:86-10 Press Release FAX:86-10 传真：86-10 PetroChina Achieved Steady Development in 2015 by Proactively Adapting to the “New Normal” of China’s Economic Development and Carrying Out Production and Operations in an Orderly and Efficient Manner 23 March, 2016, Beijing – PetroChina Company Limited (PetroChina or “the Company, HKSE: 0857; NYSE: PTR; SSE: 601857) today announced that the Company achieved stable and controlled production and operations, and maintained a sound financial position with several key indicators outperforming some domestic and foreign peers. These took place amid a complex and severe domestic and international economic environment represented by the sluggish global economic recovery, continuously growing downward pressure on China’s economy, the oversupply in the oil and gas market and a continuous and sharp plunge in international oil prices. The Company achieved this by making timely adjustments to its development philosophy, with a greater focus on quality and profitability. It also responded with great endeavor to pressure brought by low oil prices through implementing a series of reforms and innovative measures, such as broadening revenue sources, reducing costs an