EX-4.8 3 d77520dex48.htm EX-4.8 EX-4.8

Exhibit 4.8

English Translation of Chinese Original

PetroChina Company Limited

 

 

Confirmation Letter

This letter refers to the Land Use Rights Leasing Contract (the “Land Lease Contract”) dated March 10, 2000 by and between PetroChina Company Limited (as lessee) (the “Company”, “we”, “us” or “our”) and China National Petroleum Corporation (as lessor) (“CNPC”), and the Supplemental Agreement to Land Use Rights Leasing Contract (the “Supplemental Agreement”) dated August 25, 2011 by and between the Company and CNPC in respect of the parcels of land with an aggregate area of approximately 1,782,970,000 square meters owned by CNPC and its subsidiary or controlled companies, enterprises or units (the “Leased Land”). In accordance with Article 5 of the Supplemental Agreement, adjustments to the area of the Leased Land or the rent may be made by confirmation letter agreed by both parties.

In addition, this letter also refers to the Buildings Leasing Contract (the “Buildings Lease Contract”) dated August 24, 2017 by and between the Company (as lessee) and CNPC (as lessor) in respect of the Company’s lease from CNPC of certain buildings with an aggregate area of 1,152,968.01 square meters owned by CNPC and its subsidiaries or controlled companies, enterprises or units (the “Leased Buildings”). In accordance with Section 11.4 of the Buildings Lease Contract, adjustments to the area of the Leased Buildings or the rent may be made by confirmation letter agreed by both parties.

We hereby confirm as follows in respect of the adjustments to the area of and the rent for the Leased Land under the Land Lease Contract and the Supplemental Agreement and the adjustments to the area of and the rent for the Leased Buildings under the Buildings Lease Contract:

1. Starting from January 1, 2021, the area of and the rent for the Leased Land shall be adjusted in accordance with the “Schedule of Leased Land” attached hereto as Appendix 1. Other than those adjustments to the area of and the rent for the Leased Land under the Land Lease Contract and the Supplemental Agreement, the provisions of the Land Lease Contract and Supplemental Agreement shall remain unchanged.

2. Starting from January 1, 2021, the area of and the rent for the Leased Buildings shall be adjusted in accordance with the “Schedule of Leased Buildings” attached hereto as Appendix 2. Other than those adjustments to the area of and the rent for the Leased Buildings under the Buildings Lease Contract, the provisions of the Buildings Lease Contract shall remain unchanged.

You are hereby notified of our confirmation as set forth above.

PetroChina Company Limited (affixed with the company seal of PetroChina)

 

Authorized Representative:  

/s/

  CHAI Shouping

August 27, 2020

 

1

Appendix 1: Schedule of Leased Land

 

No.

   

Business Segments

    Area of Plots
(in 10,000 m2)		      Estimated Annual Rent for
2021
(in RMB10,000)(The actual
rent shall be the amount
agreed in the executed Land
Lease Contract)		  

I.

    Oil & Gasfield Enterprises      105,797.60        488,974.47  
     

 

 

     

 

 

  

1.

    Daqing Oilfield Co., Ltd.      60,952.97        308,391.47  

2.

    PetroChina Liaohe Oilfield Company      5,190.35        12,225.18  

3.

    PetroChina Changqing Oilfield Company      3,135.91        11,792.11  

4.

    PetroChina Tarim Oilfield Company      5,683.74        18,574.67  

5.

    PetroChina Xinjiang Oilfield Company      9,797.74        54,867.39  

6.

    PetroChina Southwest Oil & Gasfield Company      1,474.23        5,218.16  

7.

    PetroChina Jilin Oilfield Company      4,341.35        20,055.24  

8.

    PetroChina Dagang Oilfield Company      2,371.59        20,634.18  

9.

    PetroChina Qinghai Oilfield Company      929.75        2,492.94  

10.

    PetroChina Huabei Oilfield Company      1,767.42        3,629.74  

11.

    PetroChina Tuha Oilfield Company      7,770.82        21,810.83  

12.

    PetroChina Jidong Oilfield Company      1,274.88        6,505.45  

13.

    PetroChina Yumen Oilfield Company      1,106.86        2,777.11  

II.

    Refineries      7311.88        68,548.99  
     

 

 

     

 

 

  

1

    PetroChina Daqing Petrochemical Company      1,245.94        8,669.34  

2

    PetroChina Jilin Petrochemical Company      244.59        3,220.47  

3

    PetroChina Fushun Petrochemical Company      743.66        8,150.05  

4

    PetroChina Liaoyang Petrochemical Company      925.90        7,905.64  

5

    PetroChina Lanzhou Petrochemical Company      496.51        6,972.15  

6

    PetroChina Dushanzi Petrochemical Company      785.31        5,698.58  

7

    PetroChina Urumqi Petrochemical Company      976.91        5,194.40  

8

    PetroChina Ningxia Petrochemical Company      121.48        500.00  

9

    PetroChina Dalian Petrochemical Company      223.40        4,064.74  

11

    PetroChina Jinzhou Petrochemical Company      312.17        4,871.33  

12

    PetroChina Jinxi Petrochemical Company      373.73        3,962.10  

13

    PetroChina Daqing Refinery Company      12.42        64.05  

14

    PetroChina Harbin Petrochemical Company (Harbin Refinery)      97.23        1,575.01  

15

    PetroChina North China Petrochemical Company      69.06        324.56  

16

    PetroChina Huhhot Petrochemical Company      256. 78        2,062.68  

17

    PetroChina Liaohe Petrochemical Company      142.63        2,570.93  

18

    PetroChina Changqing Petrochemical Company      3.91        143.00  

19

    PetroChina Karamay Petrochemical Company      280.24        2,599.96  

III.

    Natural Gas and Pipeline Storage and Transportation Enterprises      959.83        8,005.75  
     

 

 

     

 

 

  

1

    PetroChina Pipeline Company      498.94        5,730.98  

2

    PetroChina West Pipeline Co., Ltd.      460.89        2,274.77  

IV.

    Marketing Companies      101.11        1,707.58  
     

 

 

     

 

 

  

1

    PetroChina Qinghai Marketing Company      84.63        381.08  

2

    PetroChina Xinjiang Marketing Company      16.48        1,326.50  

V.

    Scientific Research and Social Institutions      2.30        80. 16  
     

 

 

     

 

 

  

1

    CNPC Science and Technology Research Institute      2.04        78.60  

2

    PetroChina HK      0.26        1. 56  

Total

         114,172.71        567,316.95  
     

 

 

     

 

 

  

 

2

Appendix 2: Schedule of Leased Buildings

 

No.

   

Business Segments

    Area of Plots
(in m2)		      Estimated Annual Rent for
2021
(in RMB)
(The actual rent shall be the
amount agreed in the executed
Land Lease Contract)		  
I.    Oil & Gasfield Enterprises      644,857.73        230,811,000.00  
     

 

 

     

 

 

  
1    Daqing Oilfield Co., Ltd.      31,906.6        7,779,000.00  
2    PetroChina Changqing Oilfield Company      203,106.92        88,233,000.00  
3    PetroChina Xinjiang Oilfield Company      68,090.45        3,891,000.00  
4    PetroChina Southwest Oil & Gasfield Company      82,644.99        22,022,000.00  
5    PetroChina Coalbed Methane Co., Ltd.      30,472.92        37,265,000.00  
6    PetroChina Jilin Oilfield Company      101,757.58        27,085,000.00  
7    PetroChina Dagang Oilfield Company      55,720.75        34,136,000.00  
8    PetroChina Liaohe Oilfield Company      13,642.27        826,000.00  
9    PetroChina Jidong Oilfield Company      44,469.73        8,890,000.00  
10    PetroChina North China Oilfield Company      223.00        172,000.00  
11    PetroChina Tuha Oilfield Company      12,822.52        1,153,000.00  
II.    Refineries      393,831.48        191,183,000.00  
     

 

 

     

 

 

  
1    PetroChina Daqing Petrochemical Company      26,482.00        7,957,000.00  
2    PetroChina Daqing Refining & Petrochemical Company-Linyuan Energy      25,238.84        18,048,000.00  
3    PetroChina Dushanzi Petrochemical Company      48,019.45        4,318,000.00  
4    PetroChina Guangdong Petrochemical Company      1,064.62        889,000.00  
5    PetroChina Jilin Petrochemical Company      564. 12        98,000.00  
6    PetroChina Lanzhou Petrochemical Company      53,662.11        44,785,000.00  
7    PetroChina Urumqi Petrochemical Company      60,101.48        5,401,000.00  
8    PetroChina Changqing Petrochemical Company      2,870.00        1,924,000.00  
9    PetroChina Karamay Petrochemical Company      28,047.56        2,522,000.00  
11    PetroChina Dalian Petrochemical Company      23,800.00        8,389,000.00  
12    PetroChina Jinxi Petrochemical Company      28,833.67        31,468,000.00  
13    PetroChina Fushun Petrochemical Company      58,774.19        22,639,000.00  
14    PetroChina South China Chemicals & Marketing Company      4,133.70        4,861,000.00  
15    PetroChina East China Chemicals & Marketing Company      148. 10        445,000.00  
16    PetroChina Northeast Chemicals & Marketing Company      7,928.70        7,975,000.00  
17    PetroChina Lubricant Company      18,565.94        26,220,000.00  
18    PetroChina Fuel Oil Company Limited      5,597.00        3,244,000.00  
III.    Marketing Companies      95,267.54        99,553,000.00  
     

 

 

     

 

 

  
1    PetroChina Shanghai Marketing Company      14,604.50        30,326,000.00  
2    PetroChina Hubei Marketing Company      3,480.90        1,612,000.00  
3    PetroChina Yunnan Marketing Company      9,268.61        9,530,000.00  
4    PetroChina Northwest Marketing Company      14,550.00        14,490,000.00  
5    PetroChina Guangxi Marketing Company      8,742.96        6,680,000.00  
6    PetroChina Guangdong Marketing Company      14,853.18        19,522,000.00  
7    PetroChina Northeast Marketing Company      17,893.00        6,029,000.00  
8    PetroChina Beijing Marketing Company      513.01        931,000.00  
9    PetroChina Xinjiang Marketing Co., Ltd.      234.00        472,000.00  
10    PetroChina Hebei Marketing Company      3,438.60        2,249,000.00  
11    PetroChina Hunan Marketing Company      7,080.84        7,509,000.00  
12    PetroChina Sichuan Marketing Company      607.94        203,000.00  
IV.    Natural Gas Marketing Enterprises      39,468.26        43,073,000.00  
     

 

 

     

 

 

  
1    PetroChina Natural Gas Marketing Branch (Kunlun Energy Company Limited)      25,089.30        28,534,000.00  
2    PetroChina Natural Gas Marketing General Company      14,378.96        14,539,000.00  

 

3

V.    International Operations      3,305        9,359,000.00  
     

 

 

     

 

 

  
1    PetroChina International Co., Ltd.      3,305        9,359,000.00  
VI.    Scientific Research and Other Entities      110,756.40        138,380,000.00  
     

 

 

     

 

 

  
1    PetroChina Planning & Engineering Institute      25,952.45        14,495,000.00  
2    Petrochemical Research Institute      61,570.45        34,390,000.00  
3    PetroChina Company Limited      23,233.50        89,495,000.00  
Total         1,287,486.41        713,000,000.00  
     

 

 

     

 

 

  

 

4