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Bu Changsen met Executives of Citigroup and Chesapeake Corporation

 

Bu Changsen meets Robert S.Morris in Miami.

 

Miami, June 6 - Bu Changsen, chairman and CEO of Shandong Energy Group (SEG), attended the international energy meeting on June 6th at Miami, U.S.. During the meeting Mr. Bu met Robert S.Morris (Managing Director of oil and gas industry of Citigroup) and Jeffrey L.Mobley (the VP of the Chesapeake Corporation).

Mr. Bu introduced the developing strategy and the developing plan on new energy of SEG.

Mr. Robert S.Morris presented the energy industry of Citigroup and the new energy development in the U.S. such as the shale gas. He hoped that Citigroup and SEG should develop international cooperation and realize mutual development.

Mr. Jeffrey L.Mobley introduced exploration and development on the unconventional natural gas of Chesapeake Corporation, analyzed the new energy industry and competitors in the U.S., and hoped there would be opportunity for both sides to co-operate on capital and technology and realize win-win co-operation.

Mr. Liu Chijin, President of Pan Pacific Management Research Center, Mr. Liu Dehua, CFO of SEG, Mr. Li Yiwen, consultant of SEG, Mr. Li Shaojin, secretary of the Board and director of enterprise management dept. attended the meeting as well.

It is well known that Citigroup is one of the largest financial institutions in the U.S., Chesapeake Energy Corporation is the second largest gas producer in the U.S.. The main business of Chesapeake is non-conventional natural gas exploration and development.