Exhibit 4.15 YEAR 2001 PERFORMANCE CONTRACT WITH VICE PRESIDENT OF PETROCHINA COMPANY LIMITED AND GENERAL MANAGER OF PETROCHINA NATURAL GAS & PIPELINE COMPANY
Exhibit 4.15
YEAR 2001 PERFORMANCE CONTRACT WITH VICE PRESIDENT OF PETROCHINA COMPANY LIMITED
AND GENERAL MANAGER OF PETROCHINA NATURAL GAS & PIPELINE COMPANY
Offeree: Name: XXX, 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 General Limited Date of Execution: January 16, 2001
Manager of PetroChina Natural Gas &
Pipeline Company
INDICES KEY PERFORMANCE INDICES (KPI) WEIGHT MEASUREMENT TARGET ACTUAL PERFORMANCE
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Profits Indices Gross profit
PetroChina 5% In thousand RMB 61,000,000
PetroChina Natural Gas 35% In thousand RMB 11,010
& Pipeline Company
Rate of return of
PetroChina Natural Gas & 20% % 0.81
Pipeline Company (ROIC)
Operating Indices Unit operating cost for 10% RMB Yuan/ton 45.21
crude oil pipelines
Unit operating cost for 10% RMB Yuan/thousand 52.12
natural gas business cubic meters
Operating Indices Sales volume of natural 10% Million cubic 11,620
gas meters
Receivables 5% % 20% lower
than the
amount at
the
beginning of
the year
Gap between actual 5% % +/-5
capital expenditures and
budget
Indices to Be Put under Quality safety and Engineering construction Comprehensive
Control environmental protection projects passing performance expressed in
acceptance test after marks to bereduced by 10
being inspected at one marks if exceeding target
test; of the index put under
control.
accidents involving
death < or = 0.05
persons/million
man-hours;
accidents involving
economic loss exceeding
RMB 1 million = 0;
environmental pollution
accidents involving
economic loss exceeding
RMB 200,000 = 0.
Signature of Offeree: s/Xxx Xxxxxxxx Signature of Offeror: s/Xxxxx Xxx
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