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1、A better tomorrow for Sinopec GroupOur goal: to build a world-leading energy and chemical companyContentsWho we are p01 Strategy p05Business p07Commitment p29Aspiration p41Mr. Fu Chengyu ChairmanMr. Wang Tianpu PresidentSinopec Group 0102Who we areWho we areSinopec is an integrated international ene
2、rgy and chemical company. Taking “Develop the Enterprise, Contribute to the Country, Reward Our Shareholders, Serve the Society and Benefit Our Staff” as our core value, we develop our business in a way that supports Chinas economic development. At the same time, we also promote the development of r
3、elated industries and guarantee the energy supply and quality service necessary for the publics basic needs.In a lifetime, a person*: Wears 290kg of petroleum in clothingConsumes 551kg of petroleum through foodConsumes 3,838kg of petroleum through travelUses 3,790kg of petroleum in their houseSinope
4、c focuses on: Oil and gas exploration and production, pipeline transmission and marketing. Oil refining and marketing. Production, marketing, storage and transportation of petrochemicals, chemical fibres and other chemical products. Importing, exporting and acting as an import/export agency for crud
5、e oil, natural gas, refined oil products, petrochemicals, chemicals and other commodities and technologies. Research, development and the application of technology.Over the years, we have become Chinas largest producer and supplier of refined oil products including gasoline, diesel and jet kerosene,
6、 and essential petrochemicals like synthetic resin and rubber. Sinopec is also Chinas second largest oil and gas producer.Our business spans all the major oil and gas producing areas of China and other parts of the world, including Africa, the Middle East, South America, South Asia- Pacific, RussiaC
7、entral Asia, North America etc.With success comes responsibility. Sinopec is dedicated to playing its part in improving the quality of life of people who work for us, wherever they are in the world, as well as our millions of customers.Sinopec has carefully formulated aninspiring strategy of sustain
8、able development to enable us to achieve our goal of becoming a true world force in the energy and chemical markets.In 2011, Sinopec was listed fifth in the Fortune Global 500. * Data taken from Sinopecs exhibition at the Oil Pavilion at The World Expo 2010 Shanghai.Sinopec Group 0304Who we areOur g
9、lorious historyThere are a number of significant events in our history we are especially proud of.July 12th 1983 China Petrochemical Corporation was founded to exercise unified leadership, overall planning and management of Chinas major refining, petrochemical and chemical fibre enterprises.August 8
10、th 2001Sinopec Corp. was listed on the Shanghai Stock Exchange. February 28th 2000 The company independently launched the China Petroleum taking multiple trade means, optimizing transportation, and expanding international trade volume, Sinopec has effectively guaranteed the stable supply of oil and
11、natural gas in China.Overseas oil production has increased substantially. YearOverseas oil output (million barrels) 2011161.00 2010133.77 200993.00 200865.50 200750.00 200640.00 Expanding the exploration of new energy Sinopec attaches great importance to the development of new energy, including coal
12、 seam gas, shale gas, shale oil and other unconventional oil and gas resources.In 2011, Sinopec owned 16 crude loading and unloading wharves with a total capacity of more than 250,000 tonnes. Annual loading and unloading capacity of these 16 wharves reached more than 256 million tonnes and crude oil
13、 transmission pipelines extended to 7,100 kilometres.Highlights Discovering and succesfully developing the Puguang gas field and the transmission of natural gas from Sichuan to East China. The Puguang gas field is the largest and richest marine facies gas field ever discovered in China. As soon as t
14、he Puguang gas field was developed, we embarked on another challenging project to transmit natural gas to Eastern China.The project went into commercial operation in August 2010. With an annual production capacity of more than 10 billion cubic metres (or 353 billion cubic feet), the project forms an
15、other energy artery pumping natural gas clear across Eastern China, marking the completion of a west- to-east gas pipeline. Starting in Sichuan, the pipeline runs through Chongqing, Hubei, Jiangxi, Anhui, Jiangsu, Zhejiang and Shanghai, spanning the full breadth of eight provinces and municipalities
16、.Key facts: 15.6 billion Cubic meters of natural gas produced by Sinopec in 2011Sinopec Group 1314BusinessOil refiningSinopec is Chinas largest and the worlds second-largest oil refiner, as well as Chinas largest supplier of refined oil products.Sinopec Group 1516BusinessOil refining (continued)In 2011, Sinopecs primary processing capacity r
