KULUN ENERGY LIMITED

Kunlun Energy Limited is a leading urban gas company in China. Its core businesses include LNG processing and storage, liquefied petroleum gas (LPG) sales, gas power and new energy, exploration and development, and urban gas distribution. The company is a red-chip listed company on the Hong Kong Stock Exchange and a subsidiary of PetroChina. Kunlun Energy has a wide presence across 31 provinces, municipalities, and autonomous regions in China. The company focuses on LNG liquid sales, production and processing, receiving and storage, and refueling for vehicles and ships. It also engages in LPG sales, being the second-largest LPG distributor in China. In 2023, it established a Gas Power and New Energy Division to promote energy transition. The company also has overseas oil and gas exploration and development through equity acquisition.