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    Home > Chemicals Industry > China Chemical > Sinopec's net profit in the first three quarters was nearly 60 billion yuan, a year-on-year increase of 154.9%

    Sinopec's net profit in the first three quarters was nearly 60 billion yuan, a year-on-year increase of 154.9%

    • Last Update: 2021-11-12
    • Source: Internet
    • Author: User
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    Sinochem Xinnet News On October 28, Sinopec released its 2021 third quarter performance report


    In the first three quarters, Sinopec’s natural gas production increased by 13.


    In terms of exploration, increased risk exploration in new areas and areas, and made a number of new oil and gas discoveries in the Tarim Basin, Sichuan Basin, and Ordos Basin


    In terms of oil refining, it increased the production of high value-added products and special products, built 6 sets of hydrogen purification plants, successfully developed high-end needle coke products, and ranked first in the domestic market share of low-sulfur ship fuel; accelerated the construction of advanced production capacity, and advanced structural adjustment projects in an orderly manner


    In terms of marketing and distribution, the total sales volume of refined oil products in the first three quarters was 167 million tons, and the total domestic sales volume of refined oil products was 128 million tons, a year-on-year increase of 3.


    In the chemical industry, the output of ethylene in the first three quarters was 9.


    Capital expenditures in the first three quarters were RMB 89.




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