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China Oil And Gas Group Limited (the モGroupヤ) (stock code: 603) is a company listed on the Main Board of the Hong Kong Stock Exchange, and are principally engaged in investment in natural gas and energy related business. The Group has completed the development and connection of 5,000 miles medium-low pressure city natural gas pipeline networks and 800 miles high-pressure branch pipeline which offer stable supply of natural gas resources to local household, industrial, commercial and other users.As a non-pipeline natural gas provider, the Group has built 2 LNG factories in Qinghai Province and also built a number of certain CNG primary stations to ensure the stability of natural gas supply for the year. The Group has set up 80 project companies in 14 provinces and owns more than 50 city gas franchise operation rights. Gas operations of the Group include piped city gas business, liquefied natural gas (LNG) and liquefied petroleum gas (LPG).As a piped city natural gas distributor, sales of compressed natural gas (CNG), distributions, pipeline design and construction as well as transportations, the supply and sales volume was 3.66 billion cubic meters for the year of 2012. These facilities may benefit the supplies of natural gas to cities not yet covered by the pipeline networks and are treated as an emergency backup gas sources for our Group.
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