Sino Prima Gas Technology
Sino Prima Gas Technology (SZSE: 300483) is a Shanghai-listed Chinese natural gas producer that operates the 1,524 sq km Shilouxi block in Shanxi Province under a 30-year PSC with CNPC Coalbed Methane, producing tight gas and coalbed methane for sale through the West-East Gas Pipeline to industrial, commercial, and residential customers.
- Company typePublic
- Founded2003
- HeadquartersShanghai, China
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What Sino Prima Gas Technology does
Sino Prima Gas Technology (Shanghai) Co., Ltd. (首华燃气科技（上海）股份有限公司, SZSE: 300483) is a Shanghai-headquartered, ChiNext-listed upstream and midstream natural gas producer that operates the 1,524 sq km Shilouxi block in Shanxi Province under a 30-year product sharing contract with CNPC Coalbed Methane. Founded in 2003 as a horticulture products company, the firm pivoted into natural gas in December 2018 by acquiring Beijing Zhonghai Wobang Energy Investment Co., Ltd., divested its legacy gardening business in December 2023, and rebranded under its current name in January 2021. Core operations span tight gas and deep coal seam coalbed methane, with filed geological reserves of 1,276 bcm (tight gas) and 681.90 bcm (coalbed methane), cumulative proven reserves of 887.41 bcm as of 2025, and a 2025 full-year production volume of 926 million cubic meters scaling toward a 3.2 million cubic meters/day target in 2026. The technical base combines deep coal seam horizontal well drilling, staged-cluster hydraulic fracturing with real-time pressure monitoring, and a geological-engineering integration workflow using 3D seismic, LWD, and reservoir modeling, supported by 118 authorized patents and 17 software copyrights as of June 2024. Following the February 2024 acquisition of a 51% stake in Yonghe County Weirun Gas Co., Ltd., the company vertically integrated compression, pipeline transmission, and sales via the Sangbi station, uploading gas into the national West-East Gas Pipeline through dedicated 87# and 88# valve stations. Revenue is generated primarily through PSC-based natural gas production and sales, supplemented by gas purchased from adjacent CNPC blocks for resale and by transmission fees earned from third-party upstream gas producers using the Sangbi compression and pipeline infrastructure.
Sino Prima Gas Technology firmographics
Firmographics- Name
- Sino Prima Gas Technology
- Legal name
- 首华燃气科技（上海）股份有限公司
- Website
- https://primagas.com.cn
- Company type
- Public
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Sino Prima Gas Technology (SZSE: 300483) is a Shanghai-listed Chinese natural gas producer that operates the 1,524 sq km Shilouxi block in Shanxi Province under a 30-year PSC with CNPC Coalbed Methane, producing tight gas and coalbed methane for sale through the West-East Gas Pipeline to industrial, commercial, and residential customers.
- Ownership category
- akta.pro rank
Sino Prima Gas Technology industry classification
Industry- Product category
- Natural Gas Exploration and Production
- NAICS
- Natural Gas Extraction (21113), Pipeline Transportation of Natural Gas (4862)
- SIC
- Crude Petroleum & Natural Gas (1311), Natural Gas Transmission (4922)
- akta.pro primary industry
- Coalbed Methane (CBM) / Coal Seam Gas (CSG) (EUAAAAAD)
- akta.pro secondary industries
- Conventional Natural Gas Exploration & Production (Dry Gas) (EUAAAAAA), Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage) (EUALALAA)
Keywords
Where Sino Prima Gas Technology is headquartered
LocationHeadquarters
- HQ city
- Shanghai
- HQ country
- China
- HQ region
- Asia
Offices3 records
Markets served
Sino Prima Gas Technology business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Natural Gas Production and Sales: The company, through subsidiary Zhonghai沃邦, produces and sells natural gas (tight gas and coalbed methane) from the Shilouxi block under a 30-year product sharing contract with CNPC Coalbed Methane. Gas is sold jointly with CNPC with revenue shared according to the contract terms. The company also sells natural gas purchased from adjacent CNPC blocks through its sales subsidiary.
- Natural Gas Compression and Pipeline Transmission Services: Following the acquisition of 永和伟润 (51% equity) in February 2024, the company provides natural gas compression, pipeline transmission, and sales services. The 桑壁站 facility connects to the West-East Gas Pipeline via 88# valve station, providing transmission services for upstream gas producers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Residential gas supply with preferential pricing for local county residents |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Sino Prima Gas Technology product offering
Product offeringCore offering
Sino Prima Gas Technology, through its subsidiary Beijing Zhonghai Wobang Energy Investment Co., Ltd., conducts natural gas exploration, development, production, and sales from the 1,524 sq km Shilouxi block in Shanxi Province under a 30-year product sharing contract with CNPC Coalbed Methane. Through its 51%-owned subsidiary Yonghe Weirun Gas, the company also provides natural gas compression, pipeline transmission, and sales services connecting upstream gas producers to the West-East Gas Pipeline system via the 88# valve station.
Product overview
首华燃气科技（上海）股份有限公司是一家以能源投资为核心的技术型企业，核心业务涵盖天然气勘探开发与生产、天然气销售、以及天然气代输增压三大板块。公司通过控股子公司北京中海沃邦能源投资有限公司运营石楼西区块天然气项目，拥有1,524平方公里30年独家勘探开发经营权，储量涵盖致密气和煤层气；同时通过永和伟润开展天然气代输增压业务，并通过自有销售体系开展天然气销售。公司于2015年在深交所创业板上市（股票代码300483）。
Differentiator
Problem solved
Functional benefit
Products and services
- Natural Gas Exploration, Development and Production (Shilouxi Block) Through subsidiary Beijing Zhonghai Wobang Energy Investment Co., Ltd., the company conducts natural gas (tight gas and coalbed methane) exploration, development, and production within the 1,524 sq km Shilouxi block in Shanxi Province under a 30-year exclusive product sharing contract with CNPC Coalbed Methane. Filed geological reserves include 1,276 billion cubic meters of tight gas and 681.90 billion cubic meters of coalbed methane.
- Natural Gas Sales Through downstream sales subsidiaries, the company procures natural gas from the Shilouxi block and adjacent CNPC blocks and sells to the market via the West-East Gas Pipeline 87# and 88# valve stations, serving industrial, commercial, and residential customers in Shanxi Province and downstream consumption markets.
- Natural Gas Compression and Pipeline Transmission Through subsidiary Yonghe Weirun Gas, the company operates the Sangbi compression station connected to the West-East Gas Pipeline via the 88# valve station, providing compression, pipeline transmission, and sales services for upstream natural gas producers uploading to the national pipeline network.
Quantifiable outcome
- Daily production exceeded 3.2 million cubic meters as of 2026
- +4 more outcomes
Companies that use Sino Prima Gas Technology
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Sino Prima Gas Technology technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Sino Prima Gas Technology partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- National Oil and Gas Pipeline Network Group (国家石油天然气管网集团有限公司)coreStrategic cooperation with the national pipeline operator's Northwest Branch. The Yongxi Connection Line (永西连接线) has been operating since 2021, enabling efficient gas upload to the West-East Gas Pipeline via 88# valve station, delivering clean energy to the national pipeline network.
- Coalbed Methane Development and Utilization Industry Innovation Alliance (煤层气开发利用产业创新联盟)minorIndustry alliance initiated by CNPC Coalbed Methane, relying on the National Coalbed Methane Engineering Research Center platform, jointly established with 47 enterprises, universities, and research institutes. The company participates as a member unit to collaborate on technology research, industry standards, and achievement transformation.
- CNPC Coalbed Methane Co., Ltd. (中石油煤层气有限责任公司)coreStrategic partner through product sharing contract (PSC) for Shilouxi block. Zhonghai沃邦 serves as operator responsible for capital raising, project planning, implementation, and daily management. Gas produced is jointly sold by both parties with revenue sharing. In 2025, the cooperation achieved 300万方/day production and 92.6亿方 annual output.
- Yonghe Weirun Gas Co., Ltd. (永和县伟润燃气有限公司)coreAcquired 51% equity in February 2024. Weirun operates natural gas compression, pipeline transmission and sales. Its 桑壁站 connects to West-East Gas Pipeline via 88# valve station, providing upstream gas upload transmission services. This acquisition integrated the natural gas value chain.
Scale indicators10 records
Recent moves9 records
Expansion highlights4 records
Sino Prima Gas Technology competitors and assessment
Company assessmentDirect peers
- China United Coalbed Methane: CNOOC subsidiary focused on coalbed methane exploration, development and production across China. Same product category (CBM) and similar tight gas operations make it a direct unconventional gas peer.
- CNPC Coalbed Methane Company: Counterparty and operating partner under the Shilouxi block product sharing contract; same business of coalbed methane and tight gas E&P, and a subsidiary of CNPC. Direct strategic overlap makes it the most comparable peer.
Emerging players
- Anton Oilfield Services: Hong Kong-listed Chinese oilfield services company with drilling, completion, and production enhancement capabilities. Comparable as an adjacent services provider that supports unconventional gas extraction operations.
- Jereh Oilfield Services Group: Chinese oilfield equipment and services provider serving upstream E&P operators. Comparable as a domestic supplier of fracturing, well completion and gas-handling equipment used in tight gas and CBM operations.
Broad incumbents
- PetroChina Company Limited: Largest Chinese integrated oil and gas major with substantial upstream natural gas operations including conventional and unconventional resources. Overlaps as a broad upstream competitor and potential acquirer of unconventional gas capacity.
- China Petroleum & Chemical Corp (Sinopec): Integrated Chinese oil and gas major with upstream gas production and pipeline assets. Competes for unconventional gas acreage and pipeline capacity across China.
- ENN Natural Gas: Large privately-held Chinese gas distribution and upstream developer. Overlaps in natural gas sales and pipeline logistics, including trading across the West-East Pipeline corridor.
Regional players
- Towngas Smart Energy: Hong Kong-listed gas utility with mainland China city gas operations. Comparable in the downstream gas distribution and customer-side segment the company serves via Weirun.
- Yanchang Petroleum: Shaanxi-based integrated oil and gas company with significant natural gas production. Adjacent geographic footprint in western Shanxi/Shaanxi and similar mix of conventional and tight gas assets makes it a regional analogue.
- China Natural Gas Holdings: Hong Kong-listed natural gas distributor and trader focused on regional LNG/CNG and pipeline gas in China. Comparable in midstream and downstream gas commercialization.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Sino Prima Gas Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sino Prima Gas Technology leadership team
Management profileNumber of profiles
Profiles9 records
Sino Prima Gas Technology subsidiaries and ownership
Company hierarchySubsidiaries2 records
Sino Prima Gas Technology funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sino Prima Gas Technology 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 Sino Prima Gas Technology
What does Sino Prima Gas Technology do?
Sino Prima Gas Technology, through its subsidiary Beijing Zhonghai Wobang Energy Investment Co., Ltd., conducts natural gas exploration, development, production, and sales from the 1,524 sq km Shilouxi block in Shanxi Province under a 30-year product sharing contract with CNPC Coalbed Methane. Through its 51%-owned subsidiary Yonghe Weirun Gas, the company also provides natural gas compression, pipeline transmission, and sales services connecting upstream gas producers to the West-East Gas Pipeline system via the 88# valve station.
Is Sino Prima Gas Technology a public or private company?
Sino Prima Gas Technology is a public company. It is classified as public and is currently operating.
When was Sino Prima Gas Technology founded?
Sino Prima Gas Technology was founded in 2003. It employs 251 to 500 people.
Where is Sino Prima Gas Technology based?
Sino Prima Gas Technology is headquartered in Shanghai, China, in the Asia region.
How does Sino Prima Gas Technology make money?
Two revenue lines are on record. Natural Gas Production and Sales are the primary driver. The others are natural Gas Compression and Pipeline Transmission Services.
Who are Sino Prima Gas Technology's main competitors?
Direct peers on record are China United Coalbed Methane and CNPC Coalbed Methane Company. Emerging players are Anton Oilfield Services and Jereh Oilfield Services Group. Broad incumbents are PetroChina Company Limited, China Petroleum & Chemical Corp (Sinopec) and ENN Natural Gas. Regional players are Towngas Smart Energy, Yanchang Petroleum and China Natural Gas Holdings.
Does Sino Prima Gas Technology have an API?
No public API is recorded for Sino Prima Gas Technology.
What industry is Sino Prima Gas Technology in?
Sino Prima Gas Technology's product category is Natural Gas Exploration and Production. Its primary akta.pro industry code is EUAAAAAD, Coalbed Methane (CBM) / Coal Seam Gas (CSG), with a secondary code of EUAAAAAA, Conventional Natural Gas Exploration & Production (Dry Gas). Its NAICS code is 21113 and its SIC code is 1311.