Bankers Petroleum Ltd. (Bankers) is an international oil and gas exploration and production company committed to the responsible development of its world-class oil assets. With our technical team based in Albania, Bankers is an independent business unit operating its world-class Albanian and Eastern European assets
At Bankers, we work hard to position ourselves as the partner of choice for Albania to operate the Country’s largest resource. Bankers has been able to use its expertise to produce more today than in the over 85 year history of the field. Over the past ten years Bankers has grown to be the largest foreign direct investor, the largest tax payer in Albania, and one of the largest employers. We have invested over $2 billion in Albania, more than doubled our reserves, and grown production to a peak of over 20,000 bopd prior to the fall in oil prices.
Dr. Qing FANG was appointed President & CEO of Bankers Petroleum Albania in October 2020. He has over 30 years of experience in oil & gas industry, with a successful track record of managing oil companies and petroleum projects in China, USA, Australia, the Republic of Mongolia and the Republic of Indonesia. Starting as a geologist, he worked in and managed exploration, reservoir evaluation, development planning, production management, drilling and completion operation, crude oil sales, oil & gas investment etc. for both onshore and offshore projects. Before joining Bankers, he has been the leader of several international companies: President of Discovery Petroleum Company, President of Kailai Oil and Gas Holdings/General Manager of Pt Patrindo, Country Manager of Roc Oil (China) Company etc. Mr. Fang holds a Ph.D. in Geosciences from the University of Texas at Austin, USA, an MS in Geology from Chinese Academy of Geological Science, and a BS in Geology from Nanjing University, China.
VP, Finance and Chief Financial Officer (CFO)
Mr. Jihong joined Bankers Petroleum Albania in June 2018 and is currently Vice President, Finance and Chief Financial Officer. He has over 25 years of oil and gas industry experience. Mr. Jihong has provided financial management services for a variety of international branches of China National Petroleum Corporation. From November 2017 and May 2018 he was Vice President, Finance and Chief Financial Officer of Shandong Kerui Oilfield Service Group LTD. He is a Qualified China Accountant and holds a Master Degree in Accounting from The Central University of Finance and Economics, China.
VP, Exploration and Development
Mr. Chen is a professional geologist with more than 27 years of experience in the exploration and development of oil and gas properties. Before joining Bankers in June 2018 he held senior staff technical and asset manager positions with China National Petroleum Corporation developing onshore and offshore areas in China using flooding pattern & flood structure modification.
Through his professional positions he has managed to improve oil reservoir management, increase efficiency and modify digital oil.