Beijing Gas Blue Sky Holdings
Beijing Gas Blue Sky Holdings (HKEX:6828) is a Hong Kong-listed integrated natural gas distributor, controlling shareholder Beijing Gas Group, operating LNG direct supply, city gas, transportation energy, and natural gas trading across multiple Chinese regions for industrial, residential, and transport customers.
- Company typePublic
- Founded2011
- HeadquartersCentral, Hong Kong SAR China
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Beijing Gas Blue Sky Holdings does
Beijing Gas Blue Sky Holdings Limited (北京燃氣藍天控股有限公司), HKEX:6828, is a Hong Kong-domiciled, integrated natural gas company serving industrial, residential, commercial, and transportation customers primarily across China. Originally listed in July 2011 as Blue Sky Power Holdings, the company was renamed in January 2017 following Beijing Gas Group's HK$1.32 billion January 2016 investment that made the state-owned utility its single largest shareholder. The group is headquartered in Hong Kong (Central) with operational offices in Beijing and Shenzhen, and a 501–1,000 employee headcount.
The company operates four integrated business segments — Transportation Energy (交通能源), LNG Direct Supply (單點直供), City Gas (城市燃氣), and Natural Gas Trading and Distribution (天然氣貿易及配送) — built on LNG terminal assets, city-gas pipeline networks, CNG/LNG refueling infrastructure, and trading desks. Distinctive capabilities include point-to-point LNG delivery to large industrial customers, transport-focused CNG/LNG solutions for buses, trucks, and marine vessels, and a licensed multi-province distribution presence spanning East, South, North, Northeast, and Southwest China.
Revenue is generated through usage-based LNG supply, recurring subscription-style city-gas distribution, usage-based transportation fueling, and transaction-fee-based natural gas trading. GTM is enterprise field sales targeting large industrial accounts, municipal operators, and transportation fleet owners, with deep commercial ties into the Beijing Gas Group ecosystem — including an SK E&S joint venture and a Beijing Gas Singapore supply contract. Pricing is governed by market rates, regulatory frameworks, and long-term contracts rather than public tiering.
Beijing Gas Blue Sky Holdings firmographics
Firmographics- Name
- Beijing Gas Blue Sky Holdings
- Legal name
- Beijing Gas Blue Sky Holdings Limited
- Website
- https://bgbluesky.com
- Company type
- Public
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Beijing Gas Blue Sky Holdings (HKEX:6828) is a Hong Kong-listed integrated natural gas distributor, controlling shareholder Beijing Gas Group, operating LNG direct supply, city gas, transportation energy, and natural gas trading across multiple Chinese regions for industrial, residential, and transport customers.
- Ownership category
- akta.pro rank
Beijing Gas Blue Sky Holdings industry classification
Industry- Product category
- Natural Gas Distribution
- NAICS
- Natural Gas Distribution (22121), Natural Gas Distribution (2212), Pipeline Transportation of Natural Gas (48621)
- SIC
- Natural Gas Distribution (4924), Natural Gas Transmisison & Distribution (4923), Gas & Other Services Combined (4932)
- akta.pro primary industry
- Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage) (EUALALAA)
- akta.pro secondary industries
- CNG/LNG Refueling for Industrial Fleets (Private Stations, Yard Fueling) (EUALALAK), LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD)
Keywords
Where Beijing Gas Blue Sky Holdings is headquartered
LocationHeadquarters
- HQ city
- Central
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices3 records
Markets served
Beijing Gas Blue Sky Holdings business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Operations, Personnel
Revenue model
- LNG Direct Supply: Revenue from direct supply of liquefied natural gas to industrial customers through point-to-point delivery model.
- City Gas Distribution: Revenue from natural gas distribution to urban residential and commercial customers through pipeline networks.
- Transportation Energy: Revenue from providing natural gas fuel for transportation fleets including buses, trucks, and marine vessels.
- Natural Gas Trading: Trading and distribution of natural gas commodities.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Beijing Gas Blue Sky Holdings product offering
Product offeringCore offering
Beijing Gas Blue Sky Holdings is an integrated natural gas service provider operating four business segments: LNG Direct Supply delivering liquefied natural gas point-to-point to industrial customers; City Gas distribution through urban pipeline networks to residential and commercial users; Natural Gas for Transportation providing CNG/LNG fuel for vehicle fleets, buses, trucks, and marine vessels; and Natural Gas Trading and Distribution covering procurement, logistics, and supply chain for natural gas commodities. The company positions itself as a comprehensive one-stop natural gas solutions provider across the value chain.
Product overview
Beijing Gas Blue Sky Holdings is a world-class one-stop natural gas service provider offering four integrated business segments: Natural Gas for Transportation, LNG Direct Supply, City Gas, and Natural Gas Trading and Distribution. The company positions itself as a comprehensive natural gas solutions provider with a vision of sustainable development, serving various customer segments from residential to industrial users across China.
Differentiator
Problem solved
Functional benefit
Products and services
- LNG Direct Supply (單點直供) Point-to-point LNG direct supply services providing liquefied natural gas delivery to industrial and commercial customers without intermediate distribution layers. Designed for large-scale industrial enterprises requiring natural gas for manufacturing processes, power generation, and heating operations.
- City Gas (城市燃氣) Urban natural gas distribution and supply services through pipeline networks for residential, commercial, and industrial users within city gas networks. Supports residential heating, commercial cooking, and heating services for customers connected to the city gas grid.
- Natural Gas for Transportation (交通能源) Natural gas solutions for transportation needs, including CNG/LNG vehicle refueling infrastructure and supply services for vehicle fleets using natural gas as fuel. Serves bus fleets, truck fleets, and marine vessel operators seeking cleaner and cost-efficient fuel alternatives.
- Natural Gas Trading and Distribution (天然氣貿易及配送) Trading and distribution of natural gas commodities covering procurement, logistics, and supply chain management for natural gas resources. Supports upstream-to-downstream natural gas movement across regional Chinese markets.
Companies that use Beijing Gas Blue Sky Holdings
Customer profileSegments3 records
Ideal customer profiles3 records
Beijing Gas Blue Sky Holdings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Beijing Gas Blue Sky Holdings partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- SK E&ScoreBGBS and SK E&S will enter into joint ventures to scale up natural gas business in the PRC. Strategic partnership to expand LNG business operations.
- Beijing Gas SingaporecoreSales contract with Beijing Gas Singapore for natural gas trading and distribution activities.
- Beijing Luyuanda (北京绿源达)minorAnhui Power Energy (安徽正威力能源) entered into a master agreement with Beijing Luyuanda for natural gas cooperation.
Scale indicators4 records
Recent moves9 records
Expansion highlights4 records
Beijing Gas Blue Sky Holdings competitors and assessment
Company assessmentRegional players
- Shenzhen Gas Corporation: Shenzhen-listed (601139.SH) integrated gas operator covering city gas supply, LNG trading, and downstream applications primarily in the Pearl River Delta — comparable in product/customer mix with BGBS's South China operations.
- Shenergy Company: Shanghai-listed (600642.SH) integrated energy group with natural gas distribution operations alongside power generation — adjacent peer sharing the LNG/CNG distribution model across eastern China.
Others
- SK E&S: Korea-based LNG and city gas operator and existing strategic JV partner of BGBS — relevant as a sourcing-side counterpart and Asia-Pacific LNG value-chain peer, though not a direct competitor.
Direct peers
- China Gas Holdings: Hong Kong-listed (0384.HK) major PRC city gas and LPG distributor with operations spanning city pipeline networks, LNG/CNG refueling stations, and trading — directly comparable across all four BGBS business segments.
- Towngas China Company: Hong Kong-listed (1083.HK) city gas subsidiary of Hong Kong and China Gas, operating city gas projects across mainland China — closely matches BGBS's City Gas segment with similar end-user mix.
- China Resources Gas Group: Hong Kong-listed (1193.HK) city gas operator with extensive PRC municipal concession portfolio and growing LNG trading activities; comparable business model spanning city gas distribution, industrial supply, and value-chain integration.
- ENN Energy Holdings: Hong Kong-listed (2688.HK) major PRC city gas and natural gas distributor with LNG/CNG operations serving industrial, residential, and transportation customers — directly comparable in segments, customer mix, and geographic exposure to BGBS.
- Tian Lun Gas Holdings: Hong Kong-listed (1600.HK) mid-tier PRC city gas distributor with operations in Henan and surrounding provinces — comparable scale and segment focus on city gas distribution and CNG/LNG operations.
Broad incumbents
- Kunlun Energy: Hong Kong-listed (0135.HK) CNPC subsidiary operating LNG processing, regasification terminals, CNG/LNG refueling stations, and city gas projects — comparable across BGBS's LNG direct supply and transportation fuel segments with vertically integrated upstream advantage.
- Hong Kong and China Gas Company: Hong Kong-listed (0003.HK) parent of Towngas China and one of the largest utility groups in greater China with city gas operations — broader incumbent with overlap on BGBS's regulated city gas segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Beijing Gas Blue Sky Holdings financial estimates
Financial estimateRevenue estimate
Valuation estimate
Beijing Gas Blue Sky Holdings leadership team
Management profileNumber of profiles
Profiles8 records
Beijing Gas Blue Sky Holdings funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Beijing Gas Blue Sky Holdings M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Beijing Gas Blue Sky Holdings
What does Beijing Gas Blue Sky Holdings do?
Beijing Gas Blue Sky Holdings is an integrated natural gas service provider operating four business segments: LNG Direct Supply delivering liquefied natural gas point-to-point to industrial customers; City Gas distribution through urban pipeline networks to residential and commercial users; Natural Gas for Transportation providing CNG/LNG fuel for vehicle fleets, buses, trucks, and marine vessels; and Natural Gas Trading and Distribution covering procurement, logistics, and supply chain for natural gas commodities. The company positions itself as a comprehensive one-stop natural gas solutions provider across the value chain.
Is Beijing Gas Blue Sky Holdings a public or private company?
Beijing Gas Blue Sky Holdings is a public company. It is classified as public and is currently operating.
When was Beijing Gas Blue Sky Holdings founded?
Beijing Gas Blue Sky Holdings was founded in 2011. It employs 501 to 1,000 people.
Where is Beijing Gas Blue Sky Holdings based?
Beijing Gas Blue Sky Holdings is headquartered in Central, Hong Kong SAR China, in the Asia region.
How does Beijing Gas Blue Sky Holdings make money?
Four revenue lines are on record. LNG Direct Supply is the primary driver. The others are city Gas Distribution, transportation Energy and natural Gas Trading.
Who are Beijing Gas Blue Sky Holdings's main competitors?
Regional players on record are Shenzhen Gas Corporation and Shenergy Company. SK E&S is listed as an others. Direct peers are China Gas Holdings, Towngas China Company, China Resources Gas Group, ENN Energy Holdings and Tian Lun Gas Holdings. Broad incumbents are Kunlun Energy and Hong Kong and China Gas Company.
Does Beijing Gas Blue Sky Holdings have an API?
No public API is recorded for Beijing Gas Blue Sky Holdings.
What industry is Beijing Gas Blue Sky Holdings in?
Beijing Gas Blue Sky Holdings's product category is Natural Gas Distribution. Its primary akta.pro industry code is EUALALAA, Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage), with a secondary code of EUALALAK, CNG/LNG Refueling for Industrial Fleets (Private Stations, Yard Fueling). Its NAICS code is 22121 and its SIC code is 4924.