This is an announcement voluntarily made by China Petroleum & Chemical Corporation (the “Company”) in connection with certain matters relating to the operational statistics for 2014 of the Company.
The Board of Directors of the Company and its directors warrant that there are no material omissions, misrepresentations or misleading statements contained in this announcement and severally and jointly accept full responsibility for the authenticity, accuracy and completeness of the information contained in this announcement.
|
Production
|
Unit
|
2014
|
2013
|
Change %
|
Oil and Gas
|
mmboe
|
480.12
|
442.84
|
8.53
|
Crude Oil
|
mmbbls
|
360.73
|
332.54
|
8.54
|
China
|
mmbbls
|
310.87
|
310.84
|
0.01
|
Overseas
|
mmbbls
|
49.86
|
21.70
|
131.80
|
Natural Gas
|
bcf
|
716.35
|
660.18
|
8.51
|
Refinery Throughput
|
Million tonnes
|
235.38
|
231.95
|
1.48
|
Gasoline
|
Million tonnes
|
51.22
|
45.56
|
12.42
|
Diesel
|
Million tonnes
|
74.26
|
77.40
|
(4.06)
|
Kerosene incl. Jet Fuel
|
Million tonnes
|
20.75
|
17.43
|
19.05
|
Light Chemical Feedstock
|
Million tonnes
|
39.18
|
37.97
|
3.19
|
Production
|
Unit
|
2014
|
2013
|
Change %
|
Ethylene
|
’000 tonnes
|
10,699
|
9,980
|
7.20
|
Synthetic Resins
|
’000 tonnes
|
14,639
|
13,726
|
6.65
|
Synthetic Fibers
|
’000 tonnes
|
1,315
|
1,392
|
(5.53)
|
Synthetic Rubbers
|
’000 tonnes
|
939
|
960
|
(2.19)
|
Total Domestic Sales of Refined Oil Products
|
Million tonnes
|
170.97
|
165.42
|
3.36
|
Retail Volume
|
Million tonnes
|
117.84
|
113.73
|
3.61
|
Distribution & Wholesale Volume
|
Million tonnes
|
53.14
|
51.69
|
2.81
|
1.
|
Domestic crude is converted at 1 tonne=7.1 barrels, overseas crude 1 tonne=7.22 barrels
|
2.
|
Natural gas is converted at 1 cubic meter=35.31 cubic feet
|
3.
|
Refinery throughput is converted at1 tonne=7.35 barrels
|
1.
|
Overseas crude oil and natural gas production in 2014 includes equity production in CIR, Taihu and Mansarovar projects;
|
2.
|
100% production of domestic joint ventures is included.
|
By Order of the Board
China Petroleum & Chemical Corporation
Huang Wensheng
Vice President and Secretary to the Board of Directors
|