Former Sinopec gas executive gets jail time for taking bribes, Chinese media reports

Reuters

Nov 05, 2024

SINGAPORE, Nov 5 (Reuters) - A former Sinopec Corp

executive was sentenced to 14 years in jail for taking bribes, China's semi-official news agency China News Service reported on Tuesday.

Duan Yanxiu, former communist party secretary of Sinopec Natural Gas Company, received the jail sentence as well as a fine of 3.9 million yuan ($548,670) at a local court in east China, the report said.

The gas firm operates Sinopec's receiving terminals of liquefied natural gas $(LNG)$, imports LNG and markets the state oil firm's domestic gas productions.

Sinopec did not immediately respond to a request for comment.

($1 = 7.1081 Chinese yuan renminbi)

(Reporting by Chen Aizhu Editing by Bernadette Baum)

((aizhu.chen@thomsonreuters.com; Reuters Messaging: aizhu.chen.reuters.com@reuters.net))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2481552509"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2481552509\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2481552509?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-05 16:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481552509","market":"sh","top_or_hot":-1,"title":"Former Sinopec gas executive gets jail time for taking bribes, Chinese media reports","media":"Reuters","content":"<html><body><p>SINGAPORE, Nov 5 (Reuters) - A former Sinopec Corp</p><p>   executive was sentenced to 14 years in jail for taking bribes, China's semi-official news agency China News Service reported on Tuesday.</p><p>   Duan Yanxiu, former communist party secretary of Sinopec Natural Gas Company, received the jail sentence as well as a fine of 3.9 million yuan ($548,670) at a local court in east China, the report said.</p><p>   The gas firm operates Sinopec's receiving terminals of liquefied natural gas <a href=\"https://laohu8.com/S/LNG\">$(LNG)$</a>, imports LNG and markets the state oil firm's domestic gas productions. </p><p>   Sinopec did not immediately respond to a request for comment.   </p><p>   ($1 = 7.1081 Chinese yuan renminbi)</p><p> (Reporting by Chen Aizhu Editing by Bernadette Baum)</p><p>((aizhu.chen@thomsonreuters.com; Reuters Messaging: aizhu.chen.reuters.com@reuters.net))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Sinopec gas executive gets jail time for taking bribes, Chinese media reports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Sinopec gas executive gets jail time for taking bribes, Chinese media reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-05 16:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>SINGAPORE, Nov 5 (Reuters) - A former Sinopec Corp</p><p>   executive was sentenced to 14 years in jail for taking bribes, China's semi-official news agency China News Service reported on Tuesday.</p><p>   Duan Yanxiu, former communist party secretary of Sinopec Natural Gas Company, received the jail sentence as well as a fine of 3.9 million yuan ($548,670) at a local court in east China, the report said.</p><p>   The gas firm operates Sinopec's receiving terminals of liquefied natural gas <a href=\"https://laohu8.com/S/LNG\">$(LNG)$</a>, imports LNG and markets the state oil firm's domestic gas productions. </p><p>   Sinopec did not immediately respond to a request for comment.   </p><p>   ($1 = 7.1081 Chinese yuan renminbi)</p><p> (Reporting by Chen Aizhu Editing by Bernadette Baum)</p><p>((aizhu.chen@thomsonreuters.com; Reuters Messaging: aizhu.chen.reuters.com@reuters.net))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2097828631.EUR","symbol_name":"AZ EQUITY CHINA \"A\" (EUR) ACC","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2481552509","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481552509","pubTimestamp":1730795873,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"SINGAPORE, Nov 5 (Reuters) - A former Sinopec Corp   executive was sentenced to 14 years in jail for taking bribes, China's semi-official news agency China News Service reported on Tuesday.   Duan Yan","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","00386":"中国石油化工股份","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","LU0651947912.USD":"BGF EMERGING MARKETS EQUITY INCOME \"A5G\" (USD) INC","BK1521":"挪威政府全球养老基金持仓","DGAZ":"三倍做空天然气ETN(VelocityShares)","UNG":"美国天然气基金","LU0828237940.HKD":"SCHRODER ISF EMERGING ASIA \"A\" (HKD) ACC","LU0140636845.USD":"施罗德大中华区股票A Acc","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU0823426480.USD":"法巴中国股票经典Dis","LU0293314216.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"A\" (USD) ACC","LU0823426308.USD":"法巴中国股票基金","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU1051769294.HKD":"BGF EMERGING MARKETS EQUITY INCOME \"A6\"(HKDHDG) INC","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0173614495.USD":"富达中国焦点A","BK1528":"石油股票概念","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","LU0359201612.USD":"贝莱德中国基金A2","LU1051768304.USD":"贝莱德新兴市场股票收益A6","BK1226":"综合性石油与天然气企业","UGAZ":"三倍做多天然气ETN(VelocityShares)","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU1282651048.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (USD) INC","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU0181495838.USD":"施罗德新兴亚洲A Acc","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU1831875114.USD":"SCHRODER ISF ALL CHINA EQUITY \"A\" (USD) ACC","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","BK1562":"石化股"},"translate_title":"据中国媒体报道，中石化天然气前高管因受贿入狱","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QGmain":0.9,"00386":0.9,"UGAZ":0.6,"DGAZ":0.6,"UNG":0.6,"NGmain":0.9},"content_text":"SINGAPORE, Nov 5 (Reuters) - A former Sinopec Corp   executive was sentenced to 14 years in jail for taking bribes, China's semi-official news agency China News Service reported on Tuesday.   Duan Yanxiu, former communist party secretary of Sinopec Natural Gas Company, received the jail sentence as well as a fine of 3.9 million yuan ($548,670) at a local court in east China, the report said.   The gas firm operates Sinopec's receiving terminals of liquefied natural gas $(LNG)$, imports LNG and markets the state oil firm's domestic gas productions.    Sinopec did not immediately respond to a request for comment.      ($1 = 7.1081 Chinese yuan renminbi) (Reporting by Chen Aizhu Editing by Bernadette Baum)((aizhu.chen@thomsonreuters.com; Reuters Messaging: aizhu.chen.reuters.com@reuters.net))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}