As one of the wholly-owned subsidiaries of PetroChina Company Limited, PetroChina International Co., Ltd (PCI) was registered in the State Administration for industry and commerce on January 18, 2002. Responsible for PetroChina’s international trade, the investment, construction, operation and management of domestic port facilities in coastal & border areas and overseas platforms for trading operations, as well as domestic and overseas futures business, PCI assumes important responsibility on coordinating and optimizing the sales of overseas equity oil, the import and export of oil & gas resources, and the supply and demand balance of domestic oil & gas
Relying on the strength of PetroChina, PCI takes full advantage of domestic and overseas resources and markets to actively develop the international trade of crude oil, refined products, natural gas and petrochemical products, continuously extend the value of trade chain and enrich trading means so that import and export business develop rapidly and stably. Equipped with 5 business units ,12 shared service centers, and more than 50 branches in more than 20 countries and regions around the world, PCI’s business has reached more than 80 countries and regions. it has established long-term and stable cooperative relationships with the national petroleum companies of major resource countries and enjoy a good reputation in international energy market.
Since the Twelfth Five-Year Plan, PCI’s trading volume and profits have increased. PCI has basically built three oil & gas operation centers in Asia, Europe and America,and a resource market in Middle-Asia and Russia, achieving the transformation from pure trading company to comprehensive international energy trading company integrating trade, processing, storage and transportation, which lays a solid foundation for high-quality development.