CNPC Taiwan Limited

CNPC's main business scope includes exploration, development, refining, transportation, storage and sales of oil and gas, as well as production and supply of petrochemical raw materials. Its business facilities are distributed throughout Taiwan. In 2007, CNPC changed its name to Taiwan CNPC Co., Ltd. (hereinafter referred to as CNPC). CNPC continues to retain its name, trademark and English name of CPC, so as to expand its international business, strengthen its concept of staying in Taiwan and continue its valuable goodwill accumulated over the years.

In order to fully grasp and stabilize the oil source, CNPC has been actively engaged in foreign cooperative exploration for many years, covering the Americas, Asia Pacific and Africa. At present, it has cooperated in 13 mining areas in Ecuador, Indonesia, Venezuela, Australia, the United States, Kenya, Libya and Chad, and actively promoted cross-strait exploration cooperation with CNOOC. PetroChina now has 3 refineries, including Kaohsiung, Taoyuan and Dalin. The crude oil refined almost entirely depends on imports, mainly from the Middle East, while oil products are the priority in the supply of domestic market, while the export market is mainly in Japan, Korea, Hongkong, Philippines, new, Malaysia, New Zealand, Australia, Chinese mainland, the United States and the Middle East. In the future, the export market will continue to develop, and the overall efficiency of the company will be enhanced. Benefit.

PetroChina has started to promote the "three light upgrading investment plan" of Linyuan petrochemical plant to increase production by replacing the old with the new, so as to narrow the supply gap of petrochemical raw materials in the southern region. In addition, in order to vertically integrate the upstream, middle and downstream of petrochemicals, PetroChina and petrochemicals jointly established "Guoguang Petrochemical Technology Co., Ltd." to lead the domestic petrochemical industry to stay in Taiwan, promote the overall economic development, and create employment opportunities. The plan was approved by the Executive Yuan as a major national investment plan.

With the fierce competition in Taiwan's oil market, gas stations have fully implemented refined service, promoted customer relationship management, launched card self-service refueling, provided diversified services, and successfully adhered to the domestic gas station access market, accounting for more than 70%. Based on the characteristics of high efficiency, pollution-free, safety and convenience of natural gas, in order to ensure the stability of domestic gas supply, CNPC has built two LNG terminals in Yong'an and Taichung to fully supply Taiwan's natural gas market through the complete transmission and storage system.

In the aspect of lubricants, the domestic market is fierce, and the market share of China Petroleum is about 3. In recent years, the Chinese mainland and Southeast Asia have become the main force for the international oil companies to compete with each other due to the demand of economic development. In the future, CNPC will continue to strengthen its domestic marketing channels, and develop overseas blending and multi angle trade business. In terms of liquefied petroleum gas, CNPC is the main supplier in China, shouldering the task of fully supplying the domestic people's livelihood. It will give full play to its quality advantages and make full use of the whole Taiwan to improve its transportation and storage system and distribution network, stabilize the domestic market and expand its export channels, so as to create profits. In addition, in order to promote oil and gas dual fuel vehicles, gas stations are added to improve the air quality in the metropolitan area. In the field of solvent chemicals, we are committed to improving product quality and image, developing new products and new businesses, expanding markets in Vietnam and Mainland China, and promoting biotechnology products with reasonable price and high quality.

In order to consolidate its business advantages and strengthen its competitive strength, PetroChina not only actively carries out upstream exploration, updating refining structure, expanding marketing channels and planning vertical integration of upstream, midstream and downstream petrochemicals, but also cooperates with the company's operation planning, conducts forward-looking research on new energy development through exploration, production and refining research institutes, and continues to research and develop new products, open up new businesses, and move towards sustainable operation In order to become a safe, clean and competitive international energy company, we will provide clean energy with high efficiency and high quality.