China National Aviation Fuel
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China National Aviation Fuel Group Corporation (CNAF) is a Chinese state-owned enterprise. The company owns a 51% stake in China National Aviation Fuel Supply Co., Ltd. (), one of the largest jet fuel suppliers in China. China National Aviation Fuel Group was ranked 484th in 2016
Fortune Global 500 The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by '' Fortune'' magazine. Methodology Until 1989, it listed o ...
list.


History

China National Aviation Fuel Group () obtained its current name on 11 October 2002. In 2005 a subsidiary with limited liabilities was incorporated under the Companies Law of China on 22 September 2005, as China National Aviation Fuel Supply (). The minority shareholders of the subsidiary were
Sinopec China Petroleum and Chemical Corporation, or Sinopec Group, is a Chinese oil and gas enterprise based in Chaoyang District, Beijing. The SASAC administers China Petroleum and Chemical Corporation for the benefit of State Council of the ...
and
PetroChina PetroChina Company Limited () is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation (CNPC), headquartered in Dongcheng District, Beijing. The company is currently Asia's largest oil and ga ...
, the listed subsidiaries of fellow oil giant
State-owned Assets Supervision and Administration Commission of the State Council The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the State Council of the People's Republic of China. It was founded in 2003 through the consolidation of various other indus ...
. The corporation had a controversial net loss in 2004, which resulted by the arrest of Chen Jiulin, president of Singapore-listed subsidiary China Aviation Oil.


Subsidiaries

* China National Aviation Fuel Supply (51.00%) * China National Aviation Fuel Land Petroleum (100.00%) * China National Aviation Fuel Logistic (100.00%) * China Aviation Oil (50.88%)


Equity investments

*
Haikou Meilan International Airport Haikou Meilan International Airport is an international airport serving Haikou, the capital of South Central China's Hainan province. It is located southeast of the city center and was opened in 1999, replacing the old Dayingshan Airport loca ...
(2.08% owned by CNAF Co., Ltd.) * Shenzhen Petrochemical Exchange


References


External links

* {{authority control Oil and gas companies of China Government-owned companies of China Companies based in Beijing Energy companies established in 2005