# EDGAR Filing Document

**Accession Number:** 0001108329
**File Stem:** 0000000000-23-001162
**Filing Date:** 2023-2
**Character Count:** 9638
**Document Hash:** 41b038462a2bbaa3010a9827a224fd1c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-001162.hdr.sgml**: 20230517

**ACCESSION NUMBER**: 0000000000-23-001162

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230203

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PETROCHINA CO LTD
- **CENTRAL INDEX KEY:** 0001108329
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** F4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 9 DONGZHIMEN NORTH STREET
- **STREET 2:** DONGCHENG DISTRICT
- **CITY:** BEIJING
- **STATE:** F4
- **ZIP:** 100007
- **BUSINESS PHONE:** 861084886265

**MAIL ADDRESS:**
- **STREET 1:** 9 DONGZHIMEN NORTH STREET
- **STREET 2:** DONGCHENG DISTRICT
- **CITY:** BEIJING
- **STATE:** F4
- **ZIP:** 100007
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001193125-22-133726

## Text-Extract

```

United States securities and exchange commission logo

                              February 3, 2023

       Wang Hua
       Chief Financial Officer
       PetroChina Company Limited
       9 Dongzhimen North Street
       Dongcheng District, Beijing 100007
       The People's Republic of China

                                                        Re: PetroChina Company
Limited
                                                            Form 20-F for
Fiscal Year Ended December 31, 2020
                                                            Form 20-F for
Fiscal Year Ended December 31, 2021
                                                            Response dated
December 28, 2022
                                                            File No. 001-15006

       Dear Wang Hua:

              We have reviewed your December 28, 2022 response to our comment
letter and have the
       following comments. In some of our comments, we may ask you to provide
us with information
       so we may better understand your disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

             After reviewing your response to these comments, we may have
additional
       comments. Unless we note otherwise, our references to prior comments are
to comments in our
       October 31, 2022 letter.

       Form 20-F for Fiscal Year Ended December 31, 2021

       Risk Factors
       Risks Related to Government Regulation, page 7

   1.                                                   We note from your
response to prior comment 1 that you do not have any business in
                                                        Macau and you do not
believe it is necessary to separately disclose a risk factor relating to
                                                        the Hong Kong laws and
regulations. However, we continue to believe that revised
                                                        disclosure is
necessary. Please address the following:

                                                              Revise the
definition on page 1 of "PRC" and "China" to include Hong Kong and
                                                            Macau and clarify
that the only time that "PRC" and "China" does not include Hong
 Wang Hua
PetroChina Company Limited
February 3, 2023
Page 2
              Kong or Macau is when you reference specific laws and regulations
adopted by the
              People   s Republic of China ("PRC").

                Clarify for us whether you have any entities, officers or
directors located in Macau. If
              so, revise your disclosure to discuss any restrictions,
limitations, rules, or regulations
              under Macau law that are commensurate to those of the PRC, and
the risks and
              consequences to you including the enforceability associated with
those laws and
              regulations.

                Revise your disclosure to discuss any restrictions,
limitations, rules, or regulations
              under Hong Kong law that are commensurate to those of the PRC,
and the risks and
              consequences to you including the enforceability associated with
those laws and
              regulations.

                Revise your disclosure to state that all the legal and
operational risks associated with
              having operations in the PRC also apply to your operations in
Hong Kong and
              Macau.

                Your discussion of limitations on cash transfers, in the
revised section titled    Cash
              and Asset Flows within Our Organization    per your response
letter dated August 31,
              2022, appears to be limited to the PRC. Given that at least one
of the entities in your
              corporate structure, as per disclosure on page F-47, was formed
under Hong Kong
              law, please revise to:
                o  Describe any restrictions or limitations on transferring
cash out of Hong Kong
                   and Macau;
                o  State that if an entity is not able to transfer cash out of
Hong Kong and Macau,
                   you will not be able to fund operations in other regions or
have it available to
                   distribute to your investors.

       You may contact Jennifer O'Brien, Staff Accountant, at 202-551-3721 or
Kimberly
Calder, Assistant Chief Accountant, at 202-551-3701 with any questions.

FirstName LastNameWang Hua                                       Sincerely,
Comapany NamePetroChina Company Limited
                                                                 Division of
Corporation Finance
February 3, 2023 Page 2                                          Office of
Energy & Transportation
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

DIVISION OF
CORPORATION FINANCE

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

February 3, 2023

Wang Hua
Chief Financial Officer
PetroChina Company Limited
9 Dongzhimen North Street
Dongcheng District, Beijing 100007
The People's Republic of China

**Re: PetroChina Company Limited**
**Form 20-F for Fiscal Year Ended December 31, 2020**
**Form 20-F for Fiscal Year Ended December 31, 2021**
**Response dated December 28, 2022**
**File No. 001-15006**

Dear Wang Hua:

We have reviewed your December 28, 2022 response to our comment letter and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response.

After reviewing your response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our October 31, 2022 letter.

Form 20-F for Fiscal Year Ended December 31, 2021

Risk Factors

Risks Related to Government Regulation, page 7

1. We note from your response to prior comment 1 that you do not have any business in Macau and you do not believe it is necessary to separately disclose a risk factor relating to the Hong Kong laws and regulations. However, we continue to believe that revised disclosure is necessary. Please address the following:

- Revise the definition on page 1 of "PRC" and "China" to include Hong Kong and Macau and clarify that the only time that "PRC" and "China" does not include Hong

Wang Hua
PetroChina Company Limited
February 3, 2023
Page 2

Kong or Macau is when you reference specific laws and regulations adopted by the People's Republic of China ("PRC").

- Clarify for us whether you have any entities, officers or directors located in Macau. If so, revise your disclosure to discuss any restrictions, limitations, rules, or regulations under Macau law that are commensurate to those of the PRC, and the risks and consequences to you including the enforceability associated with those laws and regulations.
- Revise your disclosure to discuss any restrictions, limitations, rules, or regulations under Hong Kong law that are commensurate to those of the PRC, and the risks and consequences to you including the enforceability associated with those laws and regulations.
- Revise your disclosure to state that all the legal and operational risks associated with having operations in the PRC also apply to your operations in Hong Kong and Macau.
- Your discussion of limitations on cash transfers, in the revised section titled "Cash and Asset Flows within Our Organization" per your response letter dated August 31, 2022, appears to be limited to the PRC. Given that at least one of the entities in your corporate structure, as per disclosure on page F-47, was formed under Hong Kong law, please revise to:
  - Describe any restrictions or limitations on transferring cash out of Hong Kong and Macau;
  - State that if an entity is not able to transfer cash out of Hong Kong and Macau, you will not be able to fund operations in other regions or have it available to distribute to your investors.

You may contact Jennifer O'Brien, Staff Accountant, at 202-551-3721 or Kimberly Calder, Assistant Chief Accountant, at 202-551-3701 with any questions.

Sincerely,

Division of Corporation Finance
Office of Energy & Transportation