25 Jan 2019 09:11
Operational Statistics for 2018
This is an announcement voluntarily made by China Petroleum & Chemical Corporation (the "Company" or "Sinopec Corp.") in connection with certain matters relating to the operational statistics for 2018 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.
Operational Statistics for 2018
Production | Unit | 2018 | 2017 | Change % |
Oil and gas | mmboe | 451.44 | 448.79 | 0.59 |
Crude Oil | mmbbls | 288.51 | 293.66 | (1.75) |
China | mmbbls | 248.93 | 248.88 | 0.02 |
Overseas | mmbbls | 39.58 | 44.78 | (11.61) |
Natural Gas* | bcf | 977.12 | 912.50 | 7.08 |
Refinery Throughput** | Million tonnes | 244.01 | 238.50 | 2.31 |
Gasoline | Million tonnes | 61.16 | 57.03 | 7.24 |
Diesel | Million tonnes | 64.72 | 66.76 | (3.06) |
Kerosene incl. Jet Fuel | Million tonnes | 28.91 | 26.88 | 7.55 |
Light Chemical Feedstock | Million tonnes | 38.52 | 38.60 | (0.21) |
Ethylene | '000 tonnes | 11,512 | 11,610 | (0.84) |
Synthetic Resins | '000 tonnes | 15,923 | 15,938 | (0.09) |
Synthetic Fibers | '000 tonnes | 1,218 | 1,220 | (0.16) |
Synthetic Rubbers | '000 tonnes | 896 | 848 | 5.66 |
Production | Unit | 2018 | 2017 | Change % |
Total Domestic Sales Volume of Refined Oil Products | Million tonnes | 180.24 | 177.76 | 1.40 |
Retail | Million tonnes | 121.64 | 121.56 | 0.07 |
Direct sales & Distribution | Million tonnes | 58.61 | 56.20 | 4.29 |
Note :
* 1 cubic meter = 35.31 cubic feet
** 1 tonne = 7.35 barrels
The above table includes 100% of the production from domestic joint ventures.
Important Notice: The production data for 2018 as set out in the table above are based on the Company's current statistics, which are not audited. The Company will release its audited data in its annual report, which may be different from, and in such cases shall prevail, the above data.
| By Order of the BoardChina Petroleum & Chemical CorporationHuang Wensheng Vice President and Secretary to the Board of Directors |
Beijing, the PRC,
25 January 2019
As of the date of this announcement, directors of the Company are: Dai Houliang*, Li Yunpeng*, Yu Baocai*, Ma Yongsheng#, Ling Yiqun# , Liu Zhongyun# , Li Yong*, Tang Min+ , Fan Gang+, Cai Hongbin+, Ng, Kar Ling Johnny+
# Executive Director
* Non-executive Director
+ Independent Non-executive Director