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Mr. Cheung


chemical
Pearl Oriented Oil Limited
Hong Kong

Biography

Mr. Cheung holds a Bachelor degree of Social Sciences from the University of Hong Kong and a Master degree of Financial Economics from the University of London. He has more than 30 years extensive experience in securities trading, investment banking, fund management, private equity and other financial areas. Mr. Cheung served as Executive Director of Culturecom Holdings Limited (Stock Code: 0343) during the period from 2000 to 2005, Chief Operating Officer of Greater China Professional Services Limited (Stock Code: 8193) during the period from July 2010 to March 2015 and independent non-executive director during the period from 22 December 2014 to 14 March 2015 and Executive Director during the period from March 2015 to October 2015 of Greens Holdings Limited (Stock Code: 1318). He is currently as an Independent Non-executive Director of China Medical System Holdings Limited (Stock Code: 0867).  

Research Interest

Pearl Petroleum is one of the largest private investors in the Kurdistan region in the oil and gas sector. It indirectly provides electricity supply to over four million people in Iraq.[6] In addition to increasing gas supply for domestic market and industry use, Pearl Petroleum also exports to foreign markets.The first stage of the commissioning of the Khor Mor field begun by recommissioning existing gas wells, building gas separation and treatment facilities, and the construction of 180 kilometres (112 mi)s of pipeline.[6] The first gas supply to the Erbil plant commenced in October 2008. The second stage, completed in 2011, involved the installation of a two-train liquid petroleum gas (LPG) plant with current gas production capacity of 330 MMscf/day.In a report titled Dana Gas and Crescent Petroleum Gas Project in Kurdistan Region of Iraq : Socio Economic Benefits Report authored by global accounting firm PwC, the savings to Kurdistan Regional government by migrating from diesel to cheaper gas is quantified at USD 15.9 billion since inception.[7] The report further mentions that the project has achieved an average savings of USD 300 million per annum in Greenhouse gas reduction. 

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