Cheng Benhe

Cheng Benhe is a businessman and one of the representatives of the consortium Sinopetrol, which was involved in a contentious oil concession for the Sacha oil field in Ecuador. Recently, he was in the news due to the Ecuadorian government's formal notification that the contract for the concession would not proceed, primarily because Sinopetrol failed to pay a required $1.5 billion fee by the stipulated deadline.