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June 03, 2015 9:01 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Beijing Gas Group Co., Ltd.

Company Overview

Beijing Gas Group Co., Ltd. provides natural gas production and distribution services. The company was founded in 1999 and is based in Beijing, China. As of June 30, 2007, Beijing Gas Group Co., Ltd. operates as a subsidiary of Beijing Enterprises Holdings Ltd.

22 Xizhimen nanxiaojie

Xicheng

Beijing,  100035

China

Founded in 1999

Phone:

86 10 6620 5589

Fax:

86 10 6620 5587

Key Executives for Beijing Gas Group Co., Ltd.

General Manager and Vice Chairman
Age: 51
Compensation as of Fiscal Year 2014.

Beijing Gas Group Co., Ltd. Key Developments

Beijing Gas Group Company Limited Reports Earnings and Operating Results for the Year 2014

Beijing Gas Group Company Limited reported earnings and operating results for the year 2014. The company recorded a gas sales volume of 9.96 billion cubic metres in 2014, representing a year-on-year growth of 14.2%. Revenue amounted to HKD 32.44 billion, representing a year-on-year growth of 28.9%. In 2014, the company incurred a capital expenditure of approximately HKD 1.49 billion in natural gas distribution business. In 2014, there were approximately 206,000 new subscribers, of which 202,000 were household subscribers and 4,537 were public-sector subscribers. At the end of 2014, the total number of natural gas subscribers has reached 5,210,000 and pipelines in operation in Beijing increased to 16,931 kilometers in length. During the year, heating boilers with a total capacity of 5,902 t/h steam were developed, with a loading of 509.6 t/h steam in summer.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 30, 2015
Inner Mongolia Datang International Keqi Coal-based Gas Company Limited
Merger/Acquisition
November 26, 2014
Tangshan Gas Group Co., Ltd.
 

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