The business comprises storage, transmission and sale of natural gas, construction and management of city gas pipelines, gas for road vehicles and marine vessels and gas stations, distributed energy, LPG, development of new energy related technologies and products, natural gas trading and value-added services, etc., threading through upstream resources and long-haul transmission pipeline, the mid-stream gas market and downstream gas consumption, thus boasts a well-developed and complete industrial chain. The annual gas sales volume is over 63.25 billion cubic meters, and the total gas pipeline network stretches more than 610,000 km in length, serving more than 50 million gas subscribers. The major enterprises of BEHL operating the business include Beijing Gas Group Company Limited and China Gas Holdings Limited.
Beijing Gas Group Company Limited
Beijing Gas Group Company Limited is the largest single city gas supplier in China’s city gas industry, ranking among the top in China in terms of pipeline network size, number of subscribers, annual gas consumption and annual sales revenue, as well as being an enterprise whose cumulative natural gas supply exceeds 100 billion cubic meters, annual gas supply exceeds 10 billion cubic meters and daily gas supply exceeds 100 million cubic meters.
China Gas Holdings Limited
China Gas is one of China’s largest trans-regional, integrated energy suppliers and service providers. Focusing on China, it is primarily engaged in the investment, construction, and operation of city and township gas pipelines, gas terminals, storage and transport facilities, and gas logistics systems to deliver natural gas and liquefied petroleum gas (“LPG”) to residential, industrial and commercial users. The Group also builds and operates compressed natural gas (“CNG”)/ liquefied natural gas (“LNG”) fueling stations while developing and applying natural gas and LPG technologies. In addition, it has formed a comprehensive business portfolio of value-added services, urban heating, new energy, electricity distribution and sales and charging stations. It is listed on the Main Board of the Hong Kong Stock Exchange (0384.HK) and is a constituent stock of the Hang Seng Composite Index and Hang Seng China Enterprises Index.
Tangshan LNG Peak Adjustment Support Project