1、BENCH-MARKING學標杆 促發展&GROWTHANNUAL REPORT 2018年報THE PRC CITY GAS DISTRIBUTION FLAGSHIP OF CHINA RESOURCES GROUPChina Resources Gas Group Limited(“CR Gas”),substantially owned by China Resources(Holdings)Company Limited,one of the largest state-owned conglomerates in China,is a leading gas utilities g
2、roup in China,which is principally engaged in downstream city gas distribution business including piped natural gas distribution,natural gas filling stations operation and sales of gas appliances.Its operations are strategically located in areas of China,which are economically more developed and den
3、sely populated and areas with rich reserves of natural gas.Leveraging on the excellent industry fundamentals and the Groups execution competency,CR Gas continues to expand rapidly in 2017 via organic and acquisition growths.At the end of 2017,CR Gass portfolio is consisted of 238 city gas projects i
4、n 22 provinces of China including 14 provincial capitals and 3 direct administrative municipalities with an annual gross gas sales volume of some 19.7 billion cubic meters and 30.81 million customers.The optimization of energy structure and environmental pollution control will promote the sustainabl
5、e growth of natural gas consumption in China.The PRC government has,in recent years,taken various measures to promote the development and utilization of less polluting energy sources.The natural gas industry is in sync with the core development idea of innovation,harmony,green,open and sharing as co
6、mpared with conventional energy resources such as coal and crude oil.The Natural Gas Development“13th Five-Year”Plan published by the State also stresses that the popular use of natural gas will play an important role to protect the ecological environment,improve air quality,enhance life quality and