Kulun Energy

Energy
HKG: 0135
China
Kulun

In 2017 the U.S. state of California restricted Kunlun Energy for exposure to Iran through its parent company Sinopec Corporation. -- As of October 4, 2008, CalSTRS' portfolio was free of Kunlun Energy (Formerly CNPC Hong Kong) who is subject to the most severe restrictions under the law due to its ties or possible ties to Iran. 

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In 2017 the U.S. state of Florida, Pennsylvania, Mississippi and Texas listed Kulun Energy on its list of companies with activities in the Iran petroleum energy sector rendering Kulun Energy ineligible for investment and or state contracting.-- In 2018 the U.S. state of Ohio listed Kunlun Energy on its list of companies engaging with Iran rendering Kunlun ineligible for investment and/or state contracting. / Subsidiary of China National Petroleum Corporation.

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" The official referred to Bank of Kunlun Co Ltd, a China National Petroleum Corp unit, as "one of the longstanding business partners of Iran" that continued to work with the country even under sanctions." (September 2017)