PetroChina Company Limited produces and sells oil and gas in the People’s Republic of China. The company operates in four segments: Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. The Exploration and Production segment is involved in the exploration, development, production, and marketing of crude oil and natural gas. The Refining and Chemicals segment engages in the refining of crude oil and petroleum products; and production and marketing of primary petrochemical products, and derivative petrochemical products and other chemical products. The Marketing segment is involved in the marketing of refined products; and trading activities. It sells gasoline, kerosene, and diesel; and operates service stations. The Natural Gas and Pipeline segment engages in the transmission of natural gas, crude oil, and refined oil products. This segment operates pipelines of 66,776 km consisting of 40,995 km of natural gas pipelines, 16,344 km of crude oil pipelines, and 9,437 km of refined product pipelines. The company was founded in 1988 and is based in Beijing, the People’s Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.

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