For the company's performance in the first half of the year, China Petroleum said that it was mainly affected by the increase in sales of crude oil and natural gas and the price changes of crude oil, natural gas and refined oil.
Specifically, thanks to the rising volume and price of crude oil, natural gas and other oil and gas products, the operating income of China petroleum exploration and production sector was 326.339 billion yuan, up 9.7% year-on-year, and the operating profit was 53.628 billion yuan, up 79.4% year-on-year.
Among them, the crude oil output of China Petroleum was 4510.9 million barrels, up by 3.2% year-on-year; The saleable natural gas output196.43 billion cubic feet, up 9.7% year-on-year; Oil and gas equivalent output was 779.4 million barrels, up 5.9% over the same period last year.
However, in the first half of the year, the refining and chemical sectors were affected in terms of profits. The reporter learned that in the first half of the year, China's refining and chemical sector achieved operating income of 440.4438 billion yuan, a year-on-year increase of 3.3%. However, due to overcapacity in the domestic refining and chemical industry, the gross profit space narrowed and the price of chemical products fell. The operating profit of the refining and chemical sector was only 4.967 billion yuan, down 79.9% year-on-year.
Specifically, China petroleum produced chemical products12.642 million tons, up 5.2% year-on-year; Ethylene production increased by 65,438+065,438+0.8% year-on-year; The output of synthetic resin and synthetic rubber increased by 8.8% and 10.4% respectively. China petroleum processed 597.4 million barrels of crude oil, up 3.1%year-on-year; The output of refined oil was 56710.6 million tons, up 4.3% year-on-year.
In terms of sales, affected by the sales volume and price increase of refined oil products in international trade, China's oil sales sector achieved operating income of 1024738 billion yuan, up by 10.2% year-on-year. Specifically, in the first half of the year, China Petroleum sold a total of 89,965,438+2,000 tons of gasoline, kerosene and diesel oil, down 1. 1% compared with the same period of the previous year. However, due to fierce competition in the domestic refined oil market, the price of refined oil decreased and the gross profit decreased. The operating profit of the sales segment was 65.438+89.7 billion yuan, a decrease of 2.588 billion yuan.
The natural gas sector has become one of the few profit growth sectors of China Petroleum. The reporter learned that China's oil, gas and pipeline sector achieved revenue of19665438+63 million yuan, a year-on-year increase of 13.2%.
The operating profit was 65.438+0.8302 billion yuan, a year-on-year increase of 654.38+03.6%.
The reporter learned that at present, international business accounts for 40.5% of China's total oil revenue, reaching 484.9 billion yuan. China Petroleum said that the proportion of international business income and pre-tax profit in the Group has further increased, maintaining a good momentum of steady development.
For the work of China Petroleum in the second half of the year, China Petroleum said that it is expected that the world economy will continue to grow, but the downside risks will increase, the balance between supply and demand in the international crude oil market will generally widen, and oil prices will remain volatile, with certain downward pressure; China's economic development will be generally stable, and it will also face new risks and challenges. The reform of oil and gas system will continue to deepen, and the state will promote the reorganization of oil and gas pipeline network; There is excess capacity of domestic refined oil products, and the competition in the oil and gas market will become more intense. The Group will actively respond to various complicated situations, implement various measures, accelerate scientific and technological innovation, optimize production and operation, deepen open source, reduce costs and increase efficiency, drive the company's high-quality development, and fully achieve the annual production and operation targets.