SINOPEC is an integrated energy and chemical company engaging in upstream,midstream and downstream operations. The business of SINOPEC covers E&P of oil and gas, refining,chemical production, as well as sales and ...SINOPEC is an integrated energy and chemical company engaging in upstream,midstream and downstream operations. The business of SINOPEC covers E&P of oil and gas, refining,chemical production, as well as sales and marketing of refined oil products. In the field of oil andnatural gas exploration and development, there are 13 upstream subsidiaries in SINOPEC. By the endof 2003, the proven reserves of crude oil were 3,257 mmbbls, and natural gas reserves totaled2,887.6 bcf. The oil and gas production in 2003 included 270.96 mmbbls of oil and 187.7 bcf ofnatural gas. In the area of middle-stream operation, SINOPEC has 33 refineries. The total capacityof crude distillation is 153.9 million tons/year, about 51% of the total distillation capacity inChina. In 2003, 123.5 million tons of crude oil was processed, around 53% of total crude processedin China.展开更多
文摘SINOPEC is an integrated energy and chemical company engaging in upstream,midstream and downstream operations. The business of SINOPEC covers E&P of oil and gas, refining,chemical production, as well as sales and marketing of refined oil products. In the field of oil andnatural gas exploration and development, there are 13 upstream subsidiaries in SINOPEC. By the endof 2003, the proven reserves of crude oil were 3,257 mmbbls, and natural gas reserves totaled2,887.6 bcf. The oil and gas production in 2003 included 270.96 mmbbls of oil and 187.7 bcf ofnatural gas. In the area of middle-stream operation, SINOPEC has 33 refineries. The total capacityof crude distillation is 153.9 million tons/year, about 51% of the total distillation capacity inChina. In 2003, 123.5 million tons of crude oil was processed, around 53% of total crude processedin China.
