PetroChina Company Limited

Chinapetrochina.com.cn

PetroChina Company Limited is the publicly listed arm of China National Petroleum Corporation (CNPC) and one of the world’s largest integrated oil and gas companies. Established in 1999 and headquartered in Beijing, it is listed in Shanghai and Hong Kong. PetroChina operates across the value chain, covering exploration and production, refining, petrochemicals, marketing, storage, and transportation, with extensive pipeline infrastructure and assets in China and overseas.

Its refining and chemicals segment produces transportation fuels and a broad range of petrochemical feedstocks and derivatives, including ethylene, propylene, polyethylene, polypropylene, and aromatics for industrial and consumer supply chains. The company also develops and operates natural gas and LNG supply, long-distance pipelines, and city-gas distribution. In addition to crude, fuels, and chemicals trading, PetroChina is advancing lower-carbon initiatives in areas such as natural gas, hydrogen, geothermal, and renewables in line with China’s energy transition policies.

Also known as PetroChina Ltd.

Projects PetroChina is involved in

chemXplore tracks 2 projects involving PetroChina, of which one is active.

PetroChina's role on them: Owner, Operator, and Offtaker.

1 FID / Sanctioned

1 expansion.

Expected to start operating
2026
none
2027
none
2028
none
2029
none
2030
1 project
2031
none
What moved recently
  • 1 October 2026 Gate Terminal 4th LNG Tank Expansion, Rotterdam · Operational / Completed · The Netherlands
  • 29 September 2026 LNG Canada Phase 2 Expansion, Kitimat · FID / Sanctioned · Canada

Offtakers are recorded on this project For subscribers

Targeting: Natural gas (1), Natural gas condensates (petroleum) (1)

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Latest news on PetroChina

1 October 2026
Gate terminal adds fourth 180,000 m³ LNG tank, boosting regasification to 20 bcm/y

New 180,000 m³ tank adds 4 bcm/y regasification, raising terminal capacity to 20 bcm/y and strengthening supply security for the Netherlands and NW Europe.

29 September 2026
CNPC-led ISO issues first international EOR standard

ISO issues the first global standard defining EOR terms and definitions, covering chemical, gas, thermal and microbial recovery methods.

29 September 2026
JGC-Fluor JV receives NTP for LNG Canada Phase 2 after FID

Notice to Proceed issued for LNG Canada Phase 2 after FID; contract mainly lump-sum with some cost-plus; JGC to recognise US$7.5bn in fiscal 2026 after FEED update.

29 September 2026
Fluor JV with JGC Selected for LNG Canada Phase 2 After FID

Notice to proceed issued; US$7.5bn share to be recognized in Q3 FY2026; Phase 2 adds one storage tank and two trains, doubling output to ~28 Mtpa.

29 September 2026
Shell approves final investment decision for LNG Canada Phase 2

Phase 2 will double Kitimat LNG output to 28 mtpa; Shell’s 40% stake adds nearly 6 mtpa, with commercial operations targeted in the early 2030s.

19 August 2026
CNPC's 800 MW wind-solar project in Jimunai begins grid supply

600 MW wind and 200 MW PV with 80×7.5 MW turbines and a 220 kV substation, targeting 1.6 billion kWh/year and cutting 0.96 Mt CO2 annually.

17 July 2026
Gasunie H1 2026: advancing hydrogen, CO₂, heat and LNG infrastructure

Opened a 32‑km Rotterdam hydrogen pipeline, progressed CO₂ and heat projects, boosted LNG capacity, and saw shifting gas flows with higher power‑sector demand.

1 June 2026
Fluor‑JGC JV Wins LNTP for LNG Canada Phase 2 Expansion

Limited notice to proceed issued to begin early planning and key activities for the proposed Phase 2 expansion at the LNG Canada Kitimat export facility, supporting an FID that would double 14 Mtpa.

Where its projects are

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