Kunlun Energy Company Limited (0135)

Overview

Kunlun Energy Company Limited, an established investment holding entity, plays a significant role in the energy sector focusing extensively on the exploration, development, production, and sale of crude oil and natural gas. The operational landscape of Kunlun Energy is segmented into four primary areas: Natural Gas Sales, Sales of Liquefied Petroleum Gas (LPG), Liquefied Natural Gas (LNG) Processing, and Terminal, alongside Exploration and Production. Beyond its core endeavors, the company is also prolific in processing, unloading, storing, gasification, and entrucking of LNG. It showcases a robust presence in trading, distributing, and retailing a diverse range of natural gas products and possesses a strong foothold in both wholesale and retail markets for various LPG products.

The company's operational footprint extends across several strategic locations, including the People's Republic of China, the Republic of Kazakhstan, the Sultanate of Oman, the Republic of Peru, and the Kingdom of Thailand, highlighting its international reach and influence in the energy domain. Originally known as CNPC (Hong Kong) Limited, the entity underwent a rebranding phase, adopting the name Kunlun Energy Company Limited in March 2010. Since its inception in 1991, and with its headquarters situated in Hong Kong, Kunlun Energy has evolved under the auspices of PetroChina Hong Kong Limited, marking its significance as a pivotal subsidiary within the global energy landscape.

Products and Services

• Natural Gas Sales - Kunlun Energy specializes in sourcing and distributing natural gas, catering to a wide array of industrial, commercial, and residential consumers. This segment underscores the company's commitment to providing reliable and sustainable energy solutions across its operational territories.
• Sales of Liquefied Petroleum Gas (LPG) - The company boasts a comprehensive distribution network for LPG, servicing a diverse customer base. From domestic cooking needs to industrial applications, Kunlun Energy ensures the availability and safe provision of LPG products, reinforcing its stature in the energy market.
• Liquefied Natural Gas (LNG) Processing and Terminal Operations - Through its advanced LNG processing facilities and terminals, Kunlun Energy plays a pivotal role in the LNG value chain. This includes activities ranging from the processing and gasification of LNG to its storage and distribution, marking a significant contribution to the enhancement of energy security and accessibility.
• Exploration and Production - At the heart of Kunlun Energy’s operations lies its exploration and production segment, dedicated to identifying, developing, and extracting crude oil and natural gas reserves. This segment forms the foundation of the company's commitment to bolstering energy independence and sustainability.