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Sinopec's first-half profit hits the best level in history for the same period

 Last Update: 2022-09-06
 Source: Internet
 Author: User

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On August 28, Sinopec released its 2022 interim performance report.

In the first half of the year, Sinopec made a number of new oil and gas discoveries, including major breakthroughs in the exploration of Shunbei oil and gas in the Tarim Basin, shale oil in the Bohai Bay Basin and Subei Basin, deep natural gas in the Sichuan Basin and Puguang continental shale gas exploration

In the first half of the year, Sinopec processed 121 million tons of crude oil and produced 68.

In the first half of 2022, facing the difficult situation of high cost, high inventory, low load and low gross profit in the industrial chain, Sinopec closely follows the market demand, dynamically optimizes the structure of equipment, raw materials and products, scientifically arranges maintenance operations, and maintains a high load of profitable equipment.

In the first half of 2022, Sinopec’s capital expenditure was RMB 64.

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