China National Petroleum Corporation

China National Petroleum Corporation (CNPC) is a Chinese state-owned energy company engaged in oil and gas exploration, production, refining, and related activities. It is the parent of PetroChina, its publicly listed subsidiary.

PetroChina: PetroChina is a publicly listed Chinese oil and gas company controlled by China National Petroleum Corporation. CNPC conducts much of its listed-company business through this controlled subsidiary.
Petroleum exploration: Petroleum exploration uses geological and geophysical methods to locate oil and natural gas deposits. CNPC searches for reserves that can support its production business.
China–Central Asia gas pipeline: The China–Central Asia gas pipeline carries natural gas from Central Asia into China. CNPC helped develop and operates infrastructure linking overseas gas supplies to China.
China Petroleum & Chemical Corporation: China Petroleum & Chemical Corporation, known as Sinopec, is a Chinese state-owned energy and chemical company. Sinopec is a peer with a comparatively strong emphasis on refining and petrochemicals.
State-owned enterprise: A state-owned enterprise is a business owned wholly or partly by a government. Government ownership shapes CNPC’s governance and strategic role.
Oil production: Oil production extracts crude petroleum from underground reservoirs and prepares it for transport. CNPC produces crude oil from domestic and overseas fields.
West–East Gas Pipeline: The West–East Gas Pipeline system transports natural gas from western China toward eastern markets. CNPC built and operates major sections of this domestic supply network.
China National Offshore Oil Corporation: China National Offshore Oil Corporation is a Chinese state-owned energy company focused on offshore oil and gas. CNOOC’s offshore specialization contrasts with CNPC’s broad onshore and integrated operations.
China: China is a country in East Asia and the world’s most populous country. CNPC operates within China’s national economy and energy policy framework.
Natural gas processing: Natural gas processing removes water and unwanted compounds from extracted gas before delivery or further processing. CNPC processes gas so it can enter transport and consumer markets.

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Yamal LNGRelated: CNPC joined the project as an investor and long-term buyer of its LNG.