Its role Developer
中石化川西天然气勘探开发有限公司 is a joint venture company focused on natural gas exploration, development, production, and sales in western Sichuan, China.
Established on December 6, 2019, and registered with the Pengzhou Market Supervision Administration, the company has a registered capital of 5 billion RMB. It is 51% owned by China Petroleum & Chemical Corporation (Sinopec), with the remaining equity held by local partners: Chengdu Advanced Manufacturing Industry Investment Co., Ltd. (20%), Pengzhou Xingshi Energy Co., Ltd. (19%), and Chengdu Chengtou Energy Investment Management Group Co., Ltd. (10%).
Its core activities include exploration, development, production, and sales of natural gas within its cooperation area (excluding hazardous chemicals); petroleum and natural gas engineering technical services; construction of petroleum and natural gas projects; natural gas pipeline engineering, construction, and operation; and related technology research, development, and application. The company serves as the developer and sole investor for projects in the Chuanxi marine gas field, particularly the Leikoupo Formation sour gas reservoir near Pengzhou, supporting capacity expansion initiatives such as Phase 2.
Operating in the Sichuan Basin, it contributes to Sinopec's upstream efforts in ultra-deep, high-sulfur gas resources, producing natural gas and sulfur for regional supply and the Sichuan-to-East transmission pipeline. The company employs advanced technologies for drilling, desulfurization, and environmentally responsible operations in complex geological settings, aligning with national energy development priorities.
Also known as Sinopec Chuanxi Natural Gas Exploration & Development Co..
chemXplore tracks 1 project involving Sinopec Chuanxi, of which one is active.
Profit rose year‑on‑year as upstream breakthroughs boosted oil and gas output, refining throughput and chemical sales across the industrial chain.
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