Exhibit 4.19
YEAR 2001 PERFORMANCE CONTRACT WITH VICE PRESIDENT OF PETROCHINA COMPANY LIMITED
AND PRESIDENT OF PETROCHINA EXPLORATION AND DEVELOPMENT RESEARCH INSTITUTE
Offeree: Name: XXXX, Xxxxxxxx Offeror: Name: XXXXX, Xxx Xxxx of the Contract: January 1, 2001
to December 31, 2001
Title: Vice President of PetroChina Company Title: President of PetroChina Company
Limited ("PetroChina") and President Limited Date of Execution: January, 2001
of PetroChina Exploration and
Development Research Institute
INDICES KEY PERFORMANCE INDICES (KPI) WEIGHT MEASUREMENT TARGET ACTUAL PERFORMANCE
------- ----------------------------- ------ ----------- ------ ------------------
Profits Indices Rate of return of the 30% % 12.86
invested capital of
PetroChina (ROIC)
Net income of PetroChina 15% In million RMB 41,470
(NI)
Free cash flow of 15% In million RMB 9,950
PetroChina (FCF)
Operating Indices Number of new patents 15% Item 8
Rate of excellent 10% % 60
scientific projects after
being inspected in
acceptance tests
Rate of scientific 10% % 80
products which have been
put into application
Management cost 5% In thousand RMB 23,570
Indices to Be Put under Total number of employees 1,893 persons Comprehensive performance
Control expressed in marks to be
reduced by 10 marks if
Improving ideological Eliminating various factors causing exceeding target of the
and political work, instability in time and succeeding in index put under control.
enhancing Party Conduct preventing occurrence of any mass
and anti-corruption commotion and any severe offence
campaign and maintaining against Party conduct and
a stable employee team anti-corruption disciplines by any
officer of the Institute
Signature of Offeree: /s/Xxxx Xxxxxxxx Signature of Offeror: /s/Xxxxx Xxx
---------------- ------------