Corporate Information

Registered in Bermuda (a British Overseas Territory) and listed on the mainboard of the Hong Kong Stock Exchange under the stock code of 00135.HK, Kunlun Energy Company Limited is an integrated energy company controlled by PetroChina and one of the constituent stocks among China-funded enterprises of the Hang Seng Index.

Engaged in domestic and international oil-gas exploration and development since before 2008, the Company implemented its replacement of oil with a gas strategy to take domestic natural gas terminal sales and integrated utilization as a new business segment and focus on the development of LNG business in 2009. In 2015, the Company acquired a 100% stake in PetroChina Kunlun Gas Co., Ltd., held by PetroChina becoming PetroChina’s financing platform and investor of natural gas as well as a management platform of natural gas terminal utilization business. Currently the Company is primarily engaged in urban gas, natural gas pipeline, LNG and CNG terminal, natural gas power generation and distributed energy, LNG processing, storage and transportation, and LPG sales. Building its business presence in 31 provinces, autonomous regions and municipalities across China, the Company has an annual natural gas sales volume of 20 billion cubic meters, an annual LNG receiving and unloading capacity of 19 million tons and an annual LPG sales volume of over 6 million tons. Kunlun Energy has grown into the biggest natural gas terminal utilization seller and one of the biggest LPG sellers in China.

Upholding the business tenet of dedication to energy and society, Kunlun Energy will give play to its business collaboration strengths and established the philosophy of safety and environmental protection, legal compliance, cooperation and sharing, and open integration. In the implementation of the market, resource, capital, quality and Innovation Strategies, we will rely on the domestic and international resources and markets to provide users with safe and stable gas supply and quality and efficient customer service, create better value for shareholders, make active contributions to the promotion of economic and social development. All these efforts will be made to achieve the goal of a domestically leading and internationally advanced integrated natural gas terminal utilization company.