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Kunlun Energy Company Ltd.

Company Summary

Recent news

  • 12/23/2020 - Kunlun Energy Selling... (subscriber access)

Company Transactions

Date: 12/31/2020
Type: Acquisition

BUYERS:
  • China Oil & Gas Piping Network Corp (PipeChina)
    • SELLERS:
  • PetroChina Co. Ltd.
  • Kunlun Energy Company Ltd.
    • DETAILS:

    COST: 6.3 $B

    NOTES:
    Kunlun Energy Co, a subsidiary of PetroChina, has agreed to sell pipeline assets for $6.3 billion to the state-owned PipeChina. The deal includes a 60% position in a Beijing gas pipe and a 75% stake in Dalian LNG Company.
    REGIONS:
  • Asia