1 EXHIBIT 21 UGI CORPORATION SUBSIDIARIES STATE OF SUBSIDIARY INCORPORATION OWNERSHIP ---------- ------------- --------- AMERIGAS, INC. PA 100% FOUR FLAGS DRILLING COMPANY, INC. PA 100% Four Flags Holding Company DE 100% AMERIGAS PROPANE, INC.(1) PA 100% AmeriGas Partners, L.P. DE (2) AmeriGas Finance Corp. DE 100% AmeriGas Propane, L.P. DE (3) AmeriGas Propane Parts & PA 100% Service, Inc. Northwest LPG Supply Ltd. Canada 100% Petrolane Offshore Limited Bermuda 100% Petrolane Incorporated PA 100% AmeriGas Technology Group, Inc. PA 100% - ---------------------------------------------------------------------------------------------------------------------- ASHTOLA PRODUCTION COMPANY PA 100% CRYOTEX, INCORPORATED DE 100% KEYSTONE OILFIELD SUPPLY CO. PA 100% UGI ETHANOL DEVELOPMENT CORPORATION PA 100% - ---------------------------------------------------------------------------------------------------------------------- NORTHFIELD HOLDING COMPANY DE 100% - ---------------------------------------------------------------------------------------------------------------------- UGI ENTERPRISES, INC. PA 100% UGI ENERGY SERVICES, INC. PA 100% Energy Services Holding Company DE 100% UGI INTERNATIONAL ENTERPRISES, INC. PA 100% UGI BLACK SEA ENTERPRISES, INC. PA 100% UGI POWER SUPPLY, INC. PA 100% UGI INTERNATIONAL (CHINA), INC. DE 100% UGI INTERNATIONAL (ROMANIA), INC. PA 100% UGI ROMANIA, INC. PA 100% 2 UGI PROPERTIES, INC. PA 100% - ---------------------------------------------------------------------------------------------------------------------- UGI UTILITIES, INC. PA 100% UGI DEVELOPMENT COMPANY PA 100% - ---------------------------------------------------------------------------------------------------------------------- UNITED VALLEY INSURANCE COMPANY VT 100% (1) General Partner of AmeriGas Partners, L.P. and AmeriGas Propane, L.P., Delaware limited partnerships. (2) AmeriGas Propane, Inc. owns 100% of the general partnership interest and 38.5% of the limited partnership interest in AmeriGas Partners, L.P.; Petrolane Incorporated owns 18.5% of the limited partnership interest in AmeriGas Partners, L.P. (3) AmeriGas Propane, Inc. owns 100% of the general partnership interest in AmeriGas Propane, L.P.; AmeriGas Partners, L.P. owns 100% of the limited partnership interest in AmeriGas Propane, L.P.