BIZCHINA / Energy & Mining

PetroChina Company Limited (PetroChina)

(www.petrochina.com.cn)
Updated: 2006-11-21 10:59

PetroChina Company Limited (PetroChina) was established as a joint stock company with
limited liabilities on November 5, 1999 as part of the restructuring of China National
Petroleum Corporation (CNPC). In the restructuring, CNPC injected into PetroChina most of the assets and liabilities of CNPC relating to its exploration and production, refining and marketing, chemicals and natural gas businesses.

The company¡¯s major business includes: Exploration, development and production of crude oil and natural gas; refining, transportation, storage and marketing including import and export of crude oil and petroleum products; production and sale of chemical products; as well as transmission, marketing and sales of natural gas.

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