CNPC in Japan

CNPC engages in the trade of crude oil, refined products, chemical products, natural gas and LNG as well as relevant investment business in Japan through PetroChina International (Japan) Co., Ltd.

CNPC always complies with local laws and regulations on finance, tax and business as well as accounting standards, and respects local business practices in Japan. We carry out business with honesty and integrity, actively fulfill our corporate social responsibilities, and strive for sustainable economic, environmental and social development.

Osaka Refinery

In May 2008, CNPC and JXTG (renamed ENEOS in July 2020) entered into a cooperation agreement. Pursuant to the agreement, the parties established a joint venture, Osaka International Refining Company Limited (OIREC), which is 49% owned by CNPC. The refinery was founded in 1971 and now has a crude processing capacity of 115,000bpd.