Roar - SPC

EditorialFollowing the introduction of PCI’s four core values inOctober last year, our Singapore office has fused Integrity,Initiative, Safety and Harmony with local qualities to shapethe Vision, Mission and Values of PCSG, SPC and COSG.In this issue of ROAR, I am proud and honoured to unveilour very own Vision, Mission and Values.I am pleased to announce that we have made remarkableaccomplishments over the past several months. On 7 April,we welcomed the delivery of the first VLCC Ayacuchoowned by our joint venture company, CV Shipping PteLtd. Meanwhile, PST is currently conducting Project Ariesto upgrade its facilities to provide customers with moreflexibility for oil-storage solutions.Moving downstream, we successfully renewed the tenureof our Commonwealth service station as well as the JalanBuroh service station, our very first SPC service station.Our SPC tagline – “Keeps getting better” – always leadsour quest to continually provide better service, productsand convenience to our retail customers.Furthermore, our colleague from the HSE departmentrecently joined the inter-country HSE review and sharingsession convened in Grangemouth, Scotland and Lavéra,France refineries, which yielded noteworthy success.In the recent J.P. Morgan Corporate Challenge 2013, 53of our staff enthusiastically participated in a 5.6 km race,the highest participation rate in five consecutive years.This event witnessed again our unwavering team spirit toconquer challenges and strive for excellence.All these achievements would not be possible without theinitiatives and efforts of our colleagues. As such, during theChinese New Year Lunch celebration that took place on 20February, we recognised 26 colleagues for their outstandingperformance and specially acknowledged two colleagues asModel Employees. Congratulations to all recipients andkeep up the good work!Let us be guided by our core Values and continue to striveas ONE to achieve our Vision to be a leading energy tradingcompany in Asia Pacific!Adam XiongExecutive Vice President, PCSGExecutive Director and Executive Vice President, SPC

ROAR 2013 Issue 2 page 03Headline NewsPetroChina announce2012 annual resultsPetroChina Co Ltd (PetroChina),which is listed on the stock exchange inNew York, Hong Kong and Shanghai,announced its 2012 annual resultsat a press conference held in HongKong on 21 March 2013. In 2012,PetroChina increased its productionand operations steadily, and achieveda turnover of RMB2,195.3 billion(US$350 billion) with net profitof RMB115.33 billion (US$18.38billion). Output of crude oil andmarketable natural gas recorded at916.5 million barrels and 2,558.8billion cubic feet respectively. Moregood news – refineries’ throughputhit 1,012.5 million barrels and therewere 748 new service stations, makingthe total number of service stations19,840.A number of projects, which were ofstrategic significance in upstream,refining and trunk pipeline network,were rolled out and satisfactorilyaccelerated. Natural gas from CentralAsia is now supplied to Hong Kongthrough the recently commissionedsecond West-East gas pipeline. Threeregional oil and gas operation centreslocated in Asia, Europe and Americaalso proceeded steadily.“Over the next three years, we’llexpand our presence in overseasmarkets … Our target by the endof 2015 is to have 50 per cent ofour output coming from overseasprojects. By the end of 2020, we hopeto increase it to 60 per cent,” saidMr Sun Longde, Vice President, at thepress conference.PCI first-quarter business reviewPCI’s first-quarter business review meeting held in Beijing Head Office and attended by Mdm Wang Lihua, President of PCI(3rd from the right), Mr Shen Dingcheng, VP of PCI (2nd from the right), Mr Zhao Yong, VP of PCI (3rd from the left), MrZhang Yongxiang, VP of PCI (1st from the right), Mr Zhang Tong, VP of PCI (2nd from the left) and Mr Zhu Lei, Head ofFinance and Assets Department (1st from the left).PetroChina International (PCI) hosted its first-quarter business review via video conference on9 April. Mdm Wang Lihua, President of PCI, delivered the first-quarter work report with a reviewof activities and achievements, and outlined work plans of the second-quarter. With a commendableperformance in the first-quarter, she urged all units to continue the momentum to achieve thesecond-quarter budget progressively. The video conference involved key management and stafffrom about 35 global regional offices.Successful delivery of AyacuchoThe delivery of Ayacucho took place at the scenic cityof Huludao, Liaoning Province, China on 7 April.Ayacucho is the first operating vessel among the 4VLCCs owned by CV Shipping Pte Ltd – a jointventure between PetroChina and PDVSA. Thisdouble hull, double bottom VLCC is built by BohaiShipbuilding Heavy Industry Co., Ltd. (Bohai).It has a length overall (L.O.A) of 332 metres,breadth of 60 metres and depth of 30.5 metres. Itsdeadweight tonnage reaches up to 320,000 MT with the endurance of 26,500 nautical miles.At the delivery ceremony, both shareholders expressed their heartfelt appreciation to everycontributor. They also look forward to more comprehensive and close collaboration betweenPetroChina and PDVSA in the near future.

ROAR 2013 Issue 2 page 04Vision, Mission and ValuesBy Chan Jin Kiat, Human ResourceOurvision is• To be a leading energy trading company in Asia PacificDriven by ourmission to• Deliver excellent value to our customers• Conduct ourselves professionally, ethically and safely• Care for our people, community and the environmentLed by ourvalues ofThrough ourSincerity & ReliabilityThrough us beingEnterprising & Strivingfor ExcellenceThrough our collectivehard work onCompliance & SocialResponsibilityThrough our togethernessof showingRespect & Unity inDiversityOver the past few months, our Singapore office has put forth collectiveefforts in developing our Vision and Mission, which will bring unityand togetherness to PCSG, SPC and COSG as ONE company.Through the collaborative efforts and inputs of the ManagementTeam and Values Champion Team, our Singapore office has set thecontext and manner as to how each and every one of us should beguided by our Values to drive our Mission towards achieving ourVision.Collectively, our Vision, Mission and Values will form a criticaland integral part in our on-going efforts and dedication to growour current stature as the “Outstanding Group” of PetroChinaInternational (PCI). Our Singapore office is pleased to finally bringthese together, to what we call our Singapore office’s DNA.Our Values are integral to our commitment and dedication to driveour Mission towards achieving our Vision “To be a leading energytrading company in Asia Pacific”. For each one of us, it is importantthat we consistently work hard to instil these Values in ourselves, bymaking every effort to apply them in our daily work, having the bestintentions for our customers and conducting ourselves in the utmostprofessional manner.In the coming months, there will be further communication materialson our Vision, Mission and Values. These materials will be essentialfor the Singapore office’s on-going efforts to help us build andincrease our awareness, and more importantly, bring us on a fulfillingjourney towards building ONE unique and strong corporate culture.So do look out for them!

ROAR 2013 Issue 2 page 05A New “Lease ofLife” for SPC’s JalanBuroh Service StationStephanie Tay, Retail Sales, Marketing01On May 28, 1984, SPC saw the opening of its very firstservice station at Jalan Buroh, retailing petrol and dieseldirectly to motorists. The station was operated by a dealerin the initial years and subsequently managed by thecompany.Twenty-nine years have gone by with Jalan Buroh servicestation (JBSS) faithfully serving our customers, meetingtheir motoring needs. Apart from fuel and convenienceretailing,the station also saw a brief stint of the sales ofcompressed natural gas (CNG) in 2008 and 2009 bySembCorp Gas who supported the government’s initiativeto explore alternatives to traditional fuel. This made JBSSthe first service station in Singapore to retail CNG tomotorists.With the increased number of customers visiting thestation, demand for convenience store items like drinks andsnacks, also picked up. Bottled water was even sold by thecartons. As the old Chinese saying “ ” so depicts,food ranks high in a Singaporean’s list of priorities. Beingin an industrial area, good food is not easily accessible inJalan Buroh. With this in mind, SPC set up an Old ChangKee kiosk in JBSS selling pastries and local delights to caterto the gastronomical needs of our customers and thoseworking in the area. What a treat indeed!Another facility available at JBSS includes a SpeedyCare Auto Service Centre. It provides various vehiclemaintenance service packages using SPC’s own brands ofengine oil like SynAce and Advante. Again, this convenienceto customers in the Jalan Buroh area is another plus pointfor the station.SPC has recently renewed the land lease of JBSS foranother 10 years, marking the next “lease of life” for thestation. Let us look forward to more exciting times aheadfor the station!0201. Old Jalan Buroh service station.02. Current Jalan Buroh service station.We were the first Singaporecompany to venture intothe service station businessand to compete with themultinational companies inthe retail segment.– shared by a employee who wasinvolved with the launch of theJalan Buroh service stationin “The Business Times”,4 Aug 1984This very first SPC service station hasa certain uniqueness. Because of itsclose proximity to JBP, the deliveryof our wet stock is super fast – onlyminutes away. Our customer profile isalso different, they are more industrialand commercial customers ratherthan residential ones. We stay ahead bystaying close to our customers.– Jack Koh, station manager of JBSS

ROAR 2013 Issue 2 page 06HSE Field Study & Review at Europe RefineriesLim Swee Yong, HSE, Executive Vice President OfficeI participated in a refinery HSE review led by PCI head office atthe Grangemouth Refinery in Scotland and the Lavéra Refinery inMarseille, France from 18 to 22 January. The HSE review kicked offwith a meeting held in PCI’s London office.The European’s HSE legislations are considered more comprehensiveand mature as HSE evolved over many years of industrialisation inthe UK and France.We observed that HSE performance is listed as one of the toppriorities for both refineries. They both aim to meet all legislativerequirements in these areas by setting annual performance targetsand are committed to continual improvements in all aspects ofrefinery operations. Also, they build and keep positive relationshipswith local communities, and aim to minimise the impact of refiningfacilities on local people and environment to ensure the sustainablesuccess of the refineries.The refineries are visible in promoting positive safety culture and thetop management is held responsible for its HSE performance. Itscompliance and adherence to its HSE principles and performanceagainst specific HSE targets is measured. The management teamand employees know that the sustainable long-term future of thebusinesses rest on good HSE track records, including having reliableemergency response and crisis management plans. Their belief thatall accidents are preventable is consistent with PetroChina’s HSEmanagement principles.Although we experienced the worst snow in Europe, we managed tocomplete our field study and review successfully and safely.Background introductionIn 2011, PetroChina acquired a 50 per cent stake in Ineos’European refining business, including the refineries atGrangemouth, Scotland and Lavéra, France. The GrangemouthRefinery processes about 210,000 barrels of crude oil per day(bpd). It is Scotland’s largest mainland oil refinery and oneof the oldest oil refineries and petrochemical complexes inEurope. With almost the same capacity, Lavéra Refinery is oneof the most flexible refineries in Europe capable of processingmultiple types of non-standard crudes. The Lavéra Refinerywas built in the early 1930s. It benefits from the exceptionaladvantage of its location on the coast of the Mediterraneanbasin, both for crude sourcing and for proximity to markets.01 0201. Mr Zhu Shiming shared some best practices on HSE management with the Lavéra team. Both teams actively discussed refinery operational safety matters. 02. The Lavéra Refineryfire brigade briefed the team on the various fire-fighting and medical facilities available on site such as the fire trucks, special trucks for toxic substances and rescue ambulances.

ROAR 2013 Issue 2 page 07Project Aries –PST UpgradingFacilitiesWork TaskLim Hock Huat, PST, Chemical & Special Products01PST continually strives to provide the best possibleservices to our customers and look for areas ofimprovement that could enhance terminal valueadd.One of the key tasks undertaken last year wasto look into upgrading PST facilities to providecustomers with more flexibility for oil-storagesolutions.After careful deliberation and detailed discussions,a 3-in-1 project proposal was initiated andapproved. That included: changing roofs, cleaningtanks and conversion, and the installation of a hotoil system. Through close teamwork with relevantdepartments, the tendering and preparationprocess went smoothly. The contract was eventuallyawarded to Rotary IMC (RIMC).02 03The project was named Aries to signify hard work,consistency and good organisational success.Project Aries’ fieldwork kick-started in February2013 with an emphasis on the importance of timelyproject delivery and HSE-compliance at all times.All personnel working at the site are remindedof any inherent dangers and all the necessaryprecautions that must be taken. Safety briefings,safety inspections, safety drills and rescue exercisesare conducted regularly. Daily toolbox meetingsand confined space gas testing are also carried out.By the end of April, all conversion works werein the final phase and ready for handover to ourcustomers ahead of schedule. The next phase willinvolve changing the roofs and the installation of ahot oil stystem. PST is confident that Project Arieswill be able to attain its targeted completion by 4Q2013 without compromising HSE priorities.01. Installation of new wind girder before removal of the corroded steel cone roof.02. Water jetting floor plate of fuel oil tank to remove oil stains.03. Preparation for entry in tank.

ROAR 2013 Issue 2 page 0801Employee Recognition AwardsBy Jolyn Chong, Human ResourceOn 20 February 2013, a total of 28 employees were presented with Certificates ofHonour at the Chinese New Year Lunch at Peony Jade, Keppel Club in recognition oftheir outstanding contributions and efforts in 2012.02Amongst the awardees, two employees from the business unit were awarded the 2012Model Employee Recognition Award and 26 employees from various business andservice units were awarded the 2012 Outstanding Employee Recognition Award. Theseawards were given by PetroChina International (PCI).In addition, Mr Xu Ning and Mr Lim Hock Huat were awarded the 2012 China NationalPetroleum Corporation (CNPC) Employee Recognition Award for OutstandingEmployee and HSE Excellence respectively.01. Mr Lim Hock Huat receiving the CNPC EmployeeRecognition Award for HSE Excellence from Mr Adam Xiong,Executive Vice President, PCSG. 02. Mr Xu Ning receiving theCNPC Employee Recognition Award for Outstanding Employeefrom Mr Zhang Jie, Head of Exploration & Production, SPC.03. Recipients of the PCI 2012 Outstanding EmployeeRecognition Award.I’m deeply grateful to be given the “ModelEmployee” honour. I appreciate the initiativeand strategic management we have, as they havecreated one of the best platforms for mogastrading in Asia. My appreciation also goes tothe professional, cooperative and diligent teammembers, who make a lot of our dreams cometrue. This invaluable honour motivates me tocontinually make progress in my work.– Pang Yanqing, Gasoline,Products Trading03

ROAR 2013 Issue 2 page 09First of all, I am reallygrateful to my team membersand management for this award.This award is not just due to myperformance but to my team’sperformance as well.I would like to share this award with my teammembers. It is more about ‘losing less’ than ‘making more’ intrading all the time. I am always trying to perceive, understandand reason out the unexpected changes in the market. Anyway, Ibelieve my team will always do its best to make tomorrow better.Hey team! My wife plans to invite all of you to our house fordinner soon!– Park Yooung Ki, Naphtha, Products TradingI am honoured and humbled to receive the 2012 OutstandingEmployee Recognition Award.I would like to dedicate this award to the committed retail teamand the frontline staff at our service stations. I don’t think I wouldhave received this award without their support, encouragement andhard work.This reward will spur meto work even harder andcontribute my part tomake PetroChina the bestinternational energy companyin the world.– Amber Chandra,Retail Sales, MarketingIt is an honour and a joy to beselected as one of the award recipientsfor the 2012 Outstanding EmployeeRecognition Award.My career in SPC has been filled withjoy, challenges and fulfilment. I wouldlike to share this award with my fellow colleagues, whohave been supporting me throughout my career in SPC.I have been blessed with job rotation opportunities within theFinance Department. I am also thankful of the opportunities totake up leadership roles in terms of supervision. In addition, I wasinvolved in some of the major projects in SPC, all of which havewidened my horizons and enhanced my work experience.This Recognition Award motivates staff to work towards excellenceas well as to share the joy and success of the organisation.– Jasmine Lim, Accounting, Finance & AccountingI’ve been with SPC for 7years and have witnessed variousups and downs the company hasfaced. I believe the challenges thatwe met and conquered have madethe company stronger. As long as wecontinue to work as a team, thereare no obstacles that cannot beovercome.I’m truly humbled to be one of therecipients of the 2012 OutstandingEmployee Recognition Award. I’malso delighted my contributionto the company in 2012 has beenrecognised.– Mohd Fahmy Hashim,Jurong Bulk Plant, Marketing

ROAR 2013 Issue 2 page 10An Eventful JourneyBy Helen Chong, Senior Advisor, LSI, Executive Vice President OfficeOn 4 May 2013, I reached my retirement age. My story began withSPC on 21 April 1980 (when it was only 10 years old). SPC waslooking for a lawyer to handle its legal, secretarial and insurance(LSI) affairs and offered the job to this enthusiastic lawyer withoutoil industry experience.SPC had a joint venture with Caltex and BP in SRC and we embarkedon numerous refinery upgrades. SPC also had multinationalshareholders and foreign directors. The many projects, presentationsto the board on major capital investments and acquisitions, projectfinancing brought an understanding of the commercial, financial,operational aspects of our business, which rounded my legal training.It helped us develop some of the defining principles and agreementsfor SPC, SRC and other joint ventures.There were opportunities to socialise and network. The inter-oilcompany games saw me participate competitively with my colleaguesin netball and squash. I was fit as a fiddle then! SPC representedSingapore in the ASEAN Council of Petroleum (ASCOPE), anational oil companies’ forum. Its sporting events cemented our goodties with our ASEAN neighbours.When I saw Helen, the firstimpression she gave me wasof a noble and charming lady.When it comes to work, Helenis a confident lady who readilyextends her assistance to fellowcolleagues. She never fails toprovide astute legal advice to theManagement team and is veryprofessional in her work. I wishher the best in all her futureendeavours. May she enjoy herretirement and new life!– Adam Xiong,Executive Vice President, PCSGExecutive Director and Executive VicePresident, SPCIn the 90s, we faced the Gulf crisis, which shook oil markets. Ilearned the value of good insurance and risk management. Duringthis period, SPC became a public listed company. It was a challengeto understand the share market, its regulations, and complianceas board and general meetings took on greater significance as didpublic announcements, fund raising for expansion, annual reportsand corporate governance. In 1999, Keppel bought into SPC andwe aspired to be an integrated oil and gas company. The Lion inSPC logo was freed! “Never too old to learn” someone said. SPCsuccessfully acquired exploration and production assets as it wentupstream. As a listed entity, SPC won many awards, particularly theSIAS merit awards for six consecutive years until delisting.When BP wanted to exit SRC and divest its retail chain in Singapore,SPC was ready to grasp the opportunity. I vividly remember in 2004,the teamwork, the board reviews, negotiations, the agreements, thelate hours, the signing! We dug deep and found stamina. The leadersand team members instinctively knew what the deals meant to SPCand gave their all. When we succeeded in acquiring the refineryinterest, we celebrated with champagne past midnight. Beforewe could breathe easy, the retail acquisition began and we pulledthrough. At long last, SPC became the company we envisioned.

ROAR 2013 Issue 2 page 11The takeover by PetroChina came in 2009 and was momentous for us. A newchapter began. SPC was delisted and the company culture and managementstyles inevitably changed. This lawyer became the head of a larger LSI team andeven went to Beijing to learn PetroChina’s management philosophy. Now afterthree and a half years with PetroChina, I look on with awe, at the vision andscale of operations of our principals, the Singapore group of companies that LSIserves with its current pool of lawyers and contract administrators. I know SPCwith PetroChina, will rise to even greater heights!I am truly privileged to be part of the SPC team that helped transform a youngoil company into the SPC of today. I wish to acknowledge the support of theinspiring leaders, colleagues, the LSI team as well as the past and presentbusiness partners who shaped my SPC life.I also wish to thank Mr Xia Hongwei, SPC Chairman and President, ManagingDirector of PCSG for asking me to stay on after retirement. On May 5, 2013,I will return as Senior Adviser, LSI for another year. The road stretches ahead!Mrs Chong is a great boss and team leader.She not only supervises our legal work, but alsoencourages us to go for more training and takeup opportunities for intellectual enhancement. Ilearnt a great deal from her. She is a very nice andfriendly person. I would like to thank her for herconstant guidance and support.Happy Retirement! We’re really going to miss you!Best Wishes.– Cao Haijing, Manager, LSI, Executive Vice President OfficeIt is a joy to work with Helen. She is well knownin both the legal and insurance Industry and hervast knowledge and experience will be difficultto replace. I have always appreciated her candorand gravitas. I am glad that Helen is staying onat SPC and wish her all the best in her “postretirement” work.– Iris Teo, Marsh

ROAR 2013 Issue 2 page 12CNY LunchBy Yuen Yeh, Planning & Projects, Managing Director OfficeOur annual Chinese New Year Lunch was held atPeony Jade, Keppel Club on 20 February, 2013.Mr Xia Hongwei, Managing Director of PCSG, wishedeveryone a very happy new year at the beginning ofthe lunch. In his speech, he touched on the manyachievements in fiscal year 2012, and urged everyoneto continue working hard in 2013.All the employees there received a special red packetcontaining a lottery ticket, which is a sign of prosperity.One of the other highlights was when the “Yu Sheng”(Chinese for ) was served. All diners at the tablestood up and on cue, proceeded to toss the shreddedingredients into the air with chopsticks while callingout various “auspicious wishes”. For example, theysaid phrases like “Nian Nian You Yu ( )” as thefish was added. The word “Yu ( )”, means “surplus”or “abundance” and sounds the same as the Chineseword for fish (Yu, ).The annual CNY Lunch ended on a high note as 28employees were each presented with a Certificate ofHonour. The reunion lunch was filled with joy, fun andmerriment. We hope to keep up such good spirits as wecontinue working towards our new goals in 2013!

ROAR 2013 Issue 2 page 13Giving Back to the ElderlyBy Yuen Yeh, Planning & Projects, Managing Director OfficeFor the eighth consecutive year, we have been the major sponsor andactive participant of the Chinese New Year Lunch programme forthe elderly. Organised by the Singapore Women’s Association (SWA),this year’s lunch was held at Red Star Restaurant and was attendedby 200 residents from four Senior Activity Centres and the Redhillestate. Also present were two Samsui women.Mr Seah Kian Peng, Deputy Speaker of Parliament and Advisor toMarine Parade GRC GROs, was the guest-of-honour for the event.He praised PCSG/SPC’s continual support of the SWA lunch andpresented the Appreciation Plaque to SPC on behalf of SWA. MsFoo Jang See, Senior Vice President of Refining, received the plaque.This year, there were over 50 volunteers across various departmentsparticipating in this meaningful event from packing goodie bags toguiding elderly to the coaches. It was heartening to see many familiarfaces as well as many new faces amongst the volunteers.Various stage entertainments took place during the lunch, whichbrought smiles and laughter to the elderly, giving us a further senseof assurance that they enjoyed themselves and all the effort spent forthis lunch was worthwhile. We sincerely wish all the elderly a veryhealthy and happy new year, and we also look forward to seeing themagain next year!Thank you all for participating and helping!

ROAR 2013 Issue 2 page 14Marketing GroupTeambuildingEventBy Kevin Siak, Marketing Services, MarketingThe Teambuilding Fund was introduced in2012. It is used to help us organise events tofoster closer working relationships among staff.We allocate time for staff to interact and catchup with each other in an informal setting, whichis impossible to do during work hours. Fosteringcloser ties with our colleagues is a good way tounderstand them better, promote teamwork andgreater tolerance.Middle East Office’s2nd Sports GamesBy Wang Na, PetroChina International (Middle East) Co LtdOur Middle East office (PetroChina International [Middle East] Co Ltd or PCME)held its second sports games at Dubai Safa Park on 12 January. Some interesting sportsevents such as the “super push-ups” and “lightning 100m sprint” were a true test of ourstrength and agility. On the other hand, the “elastic jump rope” and “dream hula hoop”put our flexibility and dexterity to the test. The event ended with a “team relay race”,which showed the spirit and solidarity of our employees.The Marketing Group conducted its annualkick-off meeting on 25 January, 2013. At thesame time, we took the opportunity to organisea teambuilding exercise. We organised a Japanesebuffet dinner for the whole group after ourmeeting and were able to sit at different tablesso we could interact with colleagues at JBP andMillenia Tower. The atmosphere was relaxed aswe enjoyed casual conversation and Japanesecuisine.We also welcomed a new member to ourMarketing Group – Mr Sunaidi Bin Sulaimanjoined JBP in November 2012. The night endedwith many of us remaining behind to chat andenjoy cups of coffee up until the restaurant’sclosing time.Throughout the competition, the contestants shared their experiences and skills witheach other. They played not only for the championship title, but also to enjoy themoment and happiness of this healthy activity.It is part of the tradition of the corporate culture to organise employees’ sports gamesfor PCME. This further strengthens the bonds between employees, promotes physicalfitness and cultivates a healthy, positive and harmonious team spirit. We had a successfulevent, and we can’t wait for next year’s event.

ROAR 2013 Issue 2 page 15A New Chapter of LifeCongratulations to Han Lu for being a first-time mummy!Warmest wishes for Esther Wei, may the path of your married life be strewn with roses!With the blessings of our relatives, friendsand colleagues who were there as witnesses,Yongfei and I exchanged our vows on 19 January2013. It was one of the most memorable andjoyous days of our lives. That day, we, two youngpeople from different parts of China, started afamily after nine years living in this beautifulSoutheast Asian island. The wedding was not theend of our pursuit of love, but the beginning of alifelong commitment for love. My pastor sharedthe secret of good marriage with us: Keep yourtwo eyes open before you get married but closeone eye after you say ‘I do’.– Esther Wei, Settlement, Finance & AccountingIt takes 10 months to nurture life, but onlyone day to deliver. My son Xia Yuze arrivedsmoothly on 28 March. Many thanks to mycolleagues who shared hands-on experience withme, encouraged me and supported me in mywork along the way. It helped me substantiallyin the past 10 months. As the boy grows up dayby-day,I have more respect for life and feel moreresponsibility as a mother.– Han Lu, Market Risk, Products Trading

CONTRIBUTORS IN THIS ISSUE:Alex HoManaging Director OfficeGuo XingManaging Director OfficeKevin SiakMarketingTan Yi WeiMarketingChan Jin KiatHuman ResourceHan LuProducts TradingLim Hock HuatChemical & Special ProductsUng Tze YangExecutive Vice President OfficeDebbie LeauManaging Director OfficeHelen ChongExecutive Vice President OfficeLim Swee YongExecutive Vice President OfficeWang NaPCMEEsther WeiFinance & AccountingJolyn ChongHuman ResourceStephanie TayMarketingYuen YehManaging Director Office5th ChinaEnterprises Association(Singapore) BadmintonCompetitionJ.P. MorganCorporateChallengePetroChina International (S) Pte. Ltd.Singapore Petroleum Company LimitedOne Temasek Avenue #27-00, Millenia Tower, Singapore 039192Tel: 6276 6006 • Fax: 6275 6006www.petrochinaintl.com.cnwww.spc.com.sgMICA (P) 110/09/2012 Co. Reg No: 196900291NScan here foran online copy