This is an announcement voluntarily made by China Petroleum & Chemical Corporation (the “Company”) in connection with certain matters relating to the operational statistics for 2017 of the Company.
The Board of directors of the Company (the “Board”) and all members of the Board warrant that there are no false representations, misleading statements or material omissions contained in this announcement and severally and jointly accept full responsibility for the authenticity, accuracy and completeness of the information contained herein.
|
Production
|
Unit
|
2017
|
2016
|
Change
%
|
Oil and gas
|
mmboe
|
445.83
|
431.29
|
3.37
|
Crude Oil
|
mmbbls
|
293.66
|
303.51
|
(3.25)
|
China
|
mmbbls
|
248.88
|
253.15
|
(1.69)
|
Overseas
|
mmbbls
|
44.78
|
50.36
|
(11.08)
|
Natural Gas*
|
bcf
|
912.50
|
766.12
|
19.11
|
|
|
|||
Refinery Throughput**
|
Million tonnes
|
238.50
|
235.53
|
1.26
|
Gasoline
|
Million tonnes
|
57.03
|
56.36
|
1.19
|
Diesel
|
Million tonnes
|
66.76
|
67.34
|
(0.86)
|
Kerosene incl. Jet Fuel
|
Million tonnes
|
26.88
|
25.47
|
5.54
|
Light Chemical Feedstock
|
Million tonnes
|
38.60
|
38.54
|
0.16
|
Production
|
Unit
|
2017
|
2016
|
Change
%
|
Ethylene
|
’000 tonnes
|
11,610
|
11,059
|
4.98
|
Synthetic Resins
|
’000 tonnes
|
15,938
|
15,201
|
4.85
|
Synthetic Fibers
|
’000 tonnes
|
1,220
|
1,242
|
(1.77)
|
Synthetic Rubbers
|
’000 tonnes
|
848
|
857
|
(1.05)
|
|
||||
Total Domestic Sales Volume of Refined Oil Products
|
Million tonnes
|
177.76
|
172.70
|
2.93
|
Retail
|
Million tonnes
|
121.56
|
120.14
|
1.18
|
Direct sales & Distribution
|
Million tonnes
|
56.20
|
52.56
|
6.93
|
* |
1 cubic meter = 35.31 cubic feet
|
** |
1 tonne = 7.35 barrels
|
By Order of the Board
|
|
China Petroleum & Chemical Corporation
|
|
Huang Wensheng
|
|
Vice President and Secretary to the Board of Directors
|