Member access

4-Traders Homepage  >  Shares  >  SHANGHAI STOCK EXCHANGE  >  China Petroleum & Chemical Corp    600028   CNE0000018G1

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Unipec's Crude-Oil Trade Surpassed 200 Million Tons In 2011

10/18/2012 | 10:48pm US/Eastern
   By Wayne Ma 
 

BEIJING--China Petroleum & Chemical Corp., known as Sinopec Corp. (>> China Petroleum & Chemical Corp. (ADR)), said Friday that its trading unit China International United Petroleum & Chemical Co., or Unipec, saw its combined sales and purchases of crude oil surpass 200 million metric tons for the first time in 2011.

The record was achieved due to higher domestic refining rates in the first half of the year and a lack of imports from South Sudan because of a pipeline dispute with its northern neighbor Sudan, which prompted Unipec to seek more supplies from South America and West Africa, Sinopec said in an in-house newsletter.

Unipec's crude-oil trading volume rose 10% in the January to July period of this year compared with the same period a year earlier, it said, without providing the amount.

Write to Wayne Ma at wayne.ma@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : China Petroleum & Chemical Corp. (ADR)
React to this article
Latest news on CHINA PETROLEUM & CHEMICAL
07:09aDJArgentina's YPF, China's Sinopec to Join in Oil-and-Gas Projects
01/26 CHINA PETROLEUM & CHEMICAL : Aiming for New Breakthrough in Building World-Leadi..
01/26 CHINA PETROLEUM & CHEMICAL : Int’l Security Risks Experts Made Presentatio..
01/22 China's December Russian crude imports hit record as prices fall
01/22DJSinopec Yizheng to Swing to 2014 Net Profit of Around CNY1.2 Billion
01/21 CHINA PETROLEUM & CHEMICAL : and Chemical 2014 Oil & Gas Output Up 8.5%
01/21 CHINA PETROLEUM & CHEMICAL : Sinopec Saudi Arab Refinery Plant in Operation
01/21 CHINA PETROLEUM & CHEMICAL : Sinopec Conducted First Overseas Security Training ..
01/20 CHINA PETROLEUM & CHEMICAL : Sinopec Corp 2014 oil & gas output up 8.5%
01/20 CHINA PETROLEUM & CHEMICAL : grapples with shale gas as long-term energy solutio..
Advertisement
Chart
Duration : Period :
China Petroleum & Chemical Technical Analysis Chart | 600028 | CNE0000018G1 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF