Kunlun Energy Appoints He Yongli as New CEO Amid Strategic Shift for 2026
Kunlun Energy has appointed He Yongli as its new CEO, following the resignation of Qian Zhijia, as part of a strategic shift aligned with China's Five-Year Plan. He Yongli, who has over 20 years of industry experience, will focus on enhancing liquefied natural gas infrastructure and optimizing pipeline networks. Key initiatives include the Fujian LNG project and expanding storage at the Jiangsu terminal, with audited financial results for 2025 expected by March 2026.
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Kunlun Energy has appointed He Yongli as the new CEO, effective immediately, following the resignation of Qian Zhijia. This leadership change aligns with the start of China's new Five-Year Plan and aims to strengthen ties with its parent company, PetroChina.
He Yongli, who has over 20 years of experience in the oil and gas industry and has been with Kunlun Energy since 2012, also serves as General Manager of PetroChina Natural Gas Marketing Company. The company is focusing on enhancing its infrastructure for liquefied natural gas (LNG) and optimizing pipeline networks, in line with the goals set forth in the 15th Five-Year Plan.
Key projects include the Fujian LNG initiative and expanding storage capacities at the Jiangsu terminal. The audited financial results for 2025 are expected to be released by the end of March 2026, which will be crucial for assessing market performance under the new leadership.
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