PETROBRAS and Credit Agricole CIB Visits CHD
Time:August 17 2015


On August 13, Chen Quan, Vice Director of International Business Department of China Huadian Corporation(CHD) and Secretary of Leading Party Group of CHDHK received delegations led by Isabela Mesquita Carneiro da Rocha, Head of the Acquisitions and Planning Departments at PETROBRAS and Phillippe Pellegrin, President of Credit Agricole CIB in Beijing.

Ms. Carneiro da Rocha firstly gave a presentation on PETROBRAS’s primary business activities and assets proposed for sale, and expressed a good willingness to cooperate with CHD.

Mr. Chen expressed his welcome to Ms. Carneiro da Rocha and Mr. Pellegrin. He pointed out that China and Brazil are both BRIC nations, with both PETROBRAS and CHD currently facing similar developmental needs regarding structural adjustment and optimization. He also expressed his hope that CHD and PETROBRAS maintain effective communication and work to establish a formal mechanism to assist in deepening cooperation between the two parties.

Mr. Pellegrin expressed that as the link that has brought CHD and PETROBRAS together, Credit Agricole CIB sincerely hopes to employ its outstanding platform in the global energy and power industries to foster increased cooperation between CHD and PETROBRAS.   

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