PetroChina Company Limited (“PetroChina”) is one of the largest oil companies in the world, and the largest oil and gas producer and distributor, in China contributing significantly to the country’s sales revenue. PetroChina aspires to become an international energy company with strong competitiveness and one of the major producers and distributors of petroleum and petrochemical products in the world. Its business activities are related to oil and natural gas, and includes: exploration, development, production and marketing of crude oil and natural gas; refining, transportation, storage and marketing of crude oil and oil products; the production and marketing of primary petrochemical products, derivative chemicals and other chemicals; transportation of natural gas, crude oil and refined oil, and marketing of natural gas.
The Company markets a wide range of refined products, including gasoline, diesel, jet fuel, paraffin, asphalt and lubricants, through a network of sales personnel, independent distributors, and wholesale and retail distribution systems across China. Our chemical products are distributed to a number of industries that manufacture components used in a wide range of applications, including the automotive, construction, electronics, medical manufacturing, printing, electrical appliances, household products, insulation, packaging, paper, textile, paint, footwear, agriculture and furniture industries.
PetroChina holds and operates an oil and gas product pipeline network and storage system covering 26 provinces, municipalities and autonomous regions across China. The Company’s chemical products are marketed directly or indirectly through a network of sales personnel and agents dedicated to its chemical operations.
PetroChina was established as a joint stock company with limited liabilities in November 1999.
