Corporate Milestones

In 2008, the Company rolled out its strategic transformation to make domestic natural gas terminal sales and integrated utilization a new business segment. Since 2012, with the continuous restructuring of natural gas downstream, by 2017 operations by PetroChina, Kunlun Energy Company Limited, PetroChina Kunlun Gas Co., Ltd., PetroChina Kunlun Natural Gas Utilization Co., Ltd., Jiangsu LNG Co., Ltd., Dalian LNG Co., Ltd. and Jingtang LNG Co., Ltd. have been integrated. Thus far, Kunlun Energy Company Limited has become PetroChina’s only platform enterprise engaged in natural gas terminal sales and integrated utilization, and PetroChina Kunlun Gas Co., Ltd. has grown into a management platform of natural gas terminal sales and integrated utilization of Kunlun Energy Company Limited in China.

  • In 2017
    In Septhe Company acquired a 51% stake in PetroChina Jingtang LNG Co., Ltd. held by PetroChina.
  • In 2016
    In Febthe Company and PetroChina Kunlun Gas Co., Ltd. completed management integration.
    In Julythe Company comprehensively implemented the three-level management system of “Company Headquarters—Provincial (Regional) Company—Project Company”.
  • In 2015
    In Novthe Company unveiled the restructuring with PetroChina Kunlun Gas Co., Ltd., becoming the sole management platform of natural gas terminal utilization. PetroChina Kunlun Gas Co., Ltd. became the Company’s only wholly-owned subsidiary and domestic business investment and operation entity.
  • In 2012
    In AprPetroChina Kunlun Gas Co., Ltd. and PetroChina Kunlun Natural Gas Utilization Co., Ltd. implemented restructuring.
    In Dec, the Company became a constituent of the Hang Seng Index.
  • In 2011
    In Marthe Company acquired a 60% stake in PetroChina Beijing Natural Gas Pipelines Co., Ltd. held by PetroChina.
  • In 2010
    In JunPetroChina integrated the LPG distributing business of its subordinated oil and gas field enterprises, and handed over the LPG distributing business to PetroChina Kunlun Gas Co., Ltd.
    In Junthe Company acquired a 55% stake in PetroChina Jiangsu LNG Co., Ltd. held by PetroChina.
    In Octthe Company was renamed as Kunlun Energy Company Limited.
    In Novthe Company was renamed as Kunlun Energy Company Limited.
  • In 2009
    In MayPetroChina integrated the LPG commodity resources of its subordinated refinery enterprises, and handed over the LPG distributing business to PetroChina Kunlun Gas Co., Ltd.
  • In 2008
    The Company implemented its strategic transformation to make domestic natural gas terminal sales and integrated utilization a new business segment, and vigorously developed the LNG and replacement of oil with gas business. The Company, PetroChina Kunlun Gas Co., Ltd. and PetroChina Kunlun Natural Gas Utilization Co., Ltd. became the troika for PetroChina to develop the domestic natural gas downstream market.
  • In 1994
    Paragon Holdings Limited was renamed as CNPC (HONGKONG) LIMITED which was primarily engaged in oil-gas exploration and production, and initiated the experimenting and promotion of natural gas application in vehicles.
  • In 1993
    PetroChina acquired a 52.54% stake of the Hong Kong listed Paragon Holdings Limited after two acquisitions, and became its controlling shareholder.