Oil and gas production in China, the largest increase in part from overseas markets. The first three quarters of China’s crude oil production of 670.1 million barrels of oil, up 4.8%; production of 1.73 trillion cubic feet of marketable natural gas, an increase of 5.9%; production of 959.3 million barrels of oil equivalent, up 5.1%, of which 92.9 million overseas oil and gas equivalent output barrel, an increase of 22.6%.
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And had, like, the greatest contribution China has made petroleum profits or exploration and production segment. The first three quarters of exploration and production segment realized an operating profit of 160.791 billion yuan, an increase of 40.4%. Marketing segment performance is also outstanding in the first three quarters of China’s oil sales of gasoline, diesel and kerosene 107 million tons, an increase of 18.0%, sales segment realized an operating profit of 18.021 billion yuan, an increase to 59.5%. In addition, the value of China Petroleum Natural Gas and Pipeline segment operating profit of 13.233 billion yuan, but by the impact of increased imports of natural gas losses, down 17.1%.
In addition, China’s chemical sector is still a loss of oil a lot. China Petroleum and the first three quarterly total 725.2 million barrels of crude oil, up 10.3%, production of gasoline, diesel and kerosene, 64,302,000 tons, an increase of 11.3%. Crude oil prices high by international and domestic oil prices to strengthen efforts to control the impact of the first three quarters of Refining and Chemicals segment operating loss of 38.403 billion yuan, of which loss of 41.539 billion yuan refining and chemical operations to achieve operating profit of 3.136 billion yuan.
