I. Distribution of gas stations
The gas stations of China Petroleum are concentrated in the north, and those of China Petrochemical are concentrated in the south. The distribution of gas stations is related to the source of crude oil.
Second, the price
The fuel prices of China Petrochemical and China Petrochemical will be slightly different, while the fuel prices of China Petrochemical will be higher. The price is higher because as long as crude oil is imported, the transportation cost will increase and the price will naturally be slightly higher.
Third, additives.
There is no difference between the refining processes of these two enterprises, but the difference lies in the additives added. The additives used by China Petrochemical Company are imported, which leads to higher gasoline density and better flame resistance of China Petrochemical Company.
Fourth, formation
China Petroleum is a super-large petroleum and petrochemical enterprise group established on the basis of the former China Petroleum and Natural Gas Group Company. China Petrochemical Company is a super-large petrochemical enterprise group established on the basis of the former sinopec group.
Verb (abbreviation for verb) enterprise type
China Petroleum is a production enterprise, and the full name of China Petroleum is "China Oil and Gas Company Limited"; China Petrochemical Company is a sales enterprise, and the full name of China Petrochemical Company is "China Petrochemical Company Limited".
Sixth, the business model
PetroChina is mainly engaged in oil production and refining, and its oil is mainly extracted from China. Sinopec mainly produces downstream products through refining, and its oil products are mainly imported crude oil.
Reference to the above content: Baidu Encyclopedia-China Oil and Gas Group Co., Ltd.
Refer to the above content: Baidu Encyclopedia-China Petrochemical Company Limited.