PDF《中国石油天然气股份有限公司》

3 RMB2,999 million. Of which, the refining operations achieved a profit from operations of RMB46 million, while the chemical business achieved a profit from operations of RMB2,953 million. Taking effective measures and continuously expanding and increasing sales. Regarding the Marketing segment, by grasping favourable opportunities in connection with the rise in the price of refined products, and the marketization of internal price, the Company promptly adjusted its marketing strategies, continued expanding and increasing sales, and developed overseas high-profitability markets. In the case of a decrease of 0.8% year-on-year in the sales volume of gasoline, diesel and kerosene during the first quarter of

2019 in a competitive environment, the Marketing segment achieved a profit from operations of RMB3,517 million, representing an increase of 88.6% over the same period in 2018. Optimisation in natural gas's transmission and sales plan to ensure sales efficiency. For the Natural Gas and Pipeline segment, the Company coordinated the utilisation of various resources, such as domestically produced gas, imported gas and liquefied natural gas ("LNG"). The Company continued to develop certain major high-profitability markets and effectively enhanced its sales efficiency. At the same time, the Company also accelerated the development of the natural gas pipeline network which was interconnected under a rationalised layout and was also safe and efficient. In the first quarter of 2019, as a result of the rise in the price and sales of natural gas, the profit from operations of the natural gas and pipeline segment amounted to RMB12,582 million, representing an increase of 12.5% over the same period of last year. Among which, the Company made great efforts to take effective actions to control the loss incurred from sales of imported gas and LNG. In the case of an increase in sales volume of imported gas and LNG, the net loss narrowed by RMB2,535 million over the same period in 2018. Outlook of the second quarter. The Company will fully implement its work plans and continuously adhere to the principle of steady development and promote high-quality development. The Company will vigorously implement its strategies in the four aspects of resources, marketing, globalization and innovation. It will

4 continuously optimise the structure of the industrial chain and enhance the value of the two business chains of oil and gas. The Company will also devote major efforts to broadening sources of income, reducing expenditures as well as cutting cost and enhancing efficiency, and steadily maintain the progress of production and operation activities, to enhance the Company's market competitiveness and its value and continue to move steadily towards the goal of building PetroChina into a world-class international energy company. ### Additional information on PetroChina is available at the Company's website: http://www.petrochina.com.cn Issued by PetroChina Company Limited For further information, please contact: PetroChina Company Limited PR Agency (Overseas media): Hill+Knowlton Strategies Fax: (852)

2576 1990 Sammie Zhang Tel: (852)

2894 6252 E-mail: [email protected] PR Agency (Domestic media): EverBloom Investment Consulting Lt. Co. Fax: (8610)

8562 3181 Liu Ping Tel: (8610)

5166 3828 E-mail: [email protected]