CNPC Achieved Net Profit Of 66 Billion Yuan &Nbsp In The First Half Of The Year, An Increase Of 1% Over The Same Period Last Year.

PetroChina Co Ltd announced on the 25 day that according to IFRS, the net profit attributable to shareholders of the company in the first half was 66 billion 7 million yuan, an increase of 1% over the same period, and a basic earnings per share of 0.361 yuan.

China

In the first half of this year, the exploration and production sector is still the most important contribution segment of PetroChina.

According to the announcement, in the first half of this year, 446 million barrels of crude oil were produced, an increase of 5% over the same period last year, the largest increase in production in recent years, and 1 trillion and 190 billion cubic feet of natural gas sold, up 5.3% from the same period last year, and continued to achieve steady growth. The total oil and gas output reached 644 million barrels of oil equivalent, an increase of 5.1% over the same period last year.

During the period, the average price of China's crude oil was $101.62 per barrel, an increase of 40.3% over the same period last year.

The double rise of oil and gas prices and production contributed to a significant increase of 41.3% in the profit of exploration and production sector, reaching 103 billion 684 million yuan.

According to the announcement, China's crude oil processed 491 million barrels of crude oil in the first half of this year, an increase of 11.9% over the same period last year.

However, due to the high price of international crude oil and other factors, the refinery and chemical sector business lost 20 billion 993 million yuan, compared with the same period last year, operating profit decreased by 26 billion 451 million yuan, of which, refining business loss of 23 billion 360 million yuan, compared with the same period last year, operating profit reduced by 26 billion 350 million yuan.

PetroChina produced 61 million 900 thousand barrels of oil and gas equivalent in the first half of the year.

According to the announcement, the share of domestic oil market in China continued to expand in the first half of the year, and the retail market share reached 38.9%. 765 new development gas station projects were put into operation, 361 were put into operation, 6 oil depots were built, 66 million 793 thousand tons of gasoline, kerosene and diesel were sold, an increase of 12.2% over the same period last year, and the sales sector achieved a profit of 13 billion 594 million yuan, an increase of 80.5% over the same period last year.

In the first half of this year, China's oil and gas strategic passageway and backbone network construction were speeded up. Among them, the western and eastern parts of the second west east gas pipeline were put into operation and put into operation. The Qinshen gas pipeline was fully built and ventilated. The construction of Lanzhou Chengdu crude oil pipeline was carried out smoothly. Jiangsu LNG was put into production once and Dalian and Tangshan LNG were pushed forward according to plan.

The operation profit of natural gas and pipeline plates was 10 billion 730 million yuan, but increased by the increase of imported natural gas, and the loss and key projects were concentrated on capital pfer.