久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

  .contact us |.about us
Home BizChina Newsphoto Cartoon LanguageTips Metrolife DragonKids SMS Edu
news... ...
             Focus on... ...
   

Profits drop for oil giant
( 2002-01-21 11:18 ) (1 )

The China National Petroleum Corporation, the nation's largest oil company, said its profits dropped to 53 billion yuan (US$6.4 billion) last year due to sliding oil prices on the international market.

The firm's profits represented a quarter of total profits of State oil enterprises in 2000 but the company said last year's profits were 11.6 per cent lower after the price of oil plummeted by over a third last year.

A company statement that turnover reached 340 billion yuan (US$41.1 billion) last year, compared to 404 billion yuan (US$48.9 billion) in 2000.

The statement came on the heels of an announcement by rival China Petrochemical Corporation, the nation's second-largest oil company, which said last month its profits for 2001 dropped by a third to 12.8 billion yuan (US$1.5 billion). The profit plunge was also attributed to the oil-price drop and the expense of laying off 200,000 employees.

Of China's 40 industrial sectors, the oil and petrochemical industry registered the biggest decline in profit last year.

The China National Petroleum Corporation said its oil production remained flat last year at 106.5 million tons, while gas production increased by 9.5 per cent to 20.6 billion cubic metres.

The company has pinned high hopes on its gas industry becoming its new profit pump as the output of its oilfields is dwindling.

The firm has said its gas production is expected to increase by over 10 per cent a year to 33 billion cubic metres by 2005.

The statement said its production in overseas oil and gas fields also gathered steam last year, fueling the central government's ambition of seeking more foreign oil reserves to cut China's oil shortage.

Last year, the company produced 16.2 million tons of crude oil, and 930 million cubic metres of natural gas in overseas reserves in which it enjoys a working interest. Overseas production, mostly in North Africa, the Middle East and South America, increased by some 20 per cent and contributed over US$100 million to company profits.

The company said it processed 86.9 million tons of oil last year, a slight increase over the level in 2000.

The firm said it has been preparing to build several gas pipelines to cash in on its gas reserves. These include the long-awaited west-east gas pipeline, which will travel 4,000 kilometres from the Xinjiang Uygur Autonomous Region in the northwest to East China's Shanghai.

The statement did not give details on negotiations with foreign companies to work together on the US$14.5 billion project but the company said it was ready to make a start on the project.

 
   
 
   

 

         
         
       
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved  
主站蜘蛛池模板: 亚洲欧美另类日本久久影院 | 免费视频网站一级人爱视频 | 久久久综合久久 | 久久99国产精品一区二区 | 亚洲免费区 | 久久精品3| 欧美日韩视频在线第一区 | 国产毛片久久国产 | 亚洲国产精品一区二区三区在线观看 | free性欧美hd另类精品 | 在线成年人网站 | 99久久精品免费看国产一区二区 | 精品久久久久中文字幕日本 | 色拍拍噜噜噜aⅴ在线观看 色青青草原桃花久久综合 色婷婷91 | 亚洲另类激情综合偷自拍图 | 欧美成人亚洲欧美成人 | 91欧美视频 | 韩日一区二区 | 手机在线一区二区三区 | 日本免费在线 | 久久久国产成人精品 | 99精品免费久久久久久久久日本 | 久草视频免费播放 | 一本一道波多野结衣456 | 91久国产在线观看 | 男女视频免费观看 | 高清免费国产在线观看 | 国产亚洲精品久久综合影院 | 99视频国产精品 | 国产综合在线观看 | 成年人国产 | 9191精品国产免费不久久 | 九九99| 在线观看一级毛片 | 天堂在线亚洲 | 国产免费一级高清淫曰本片 | 亚洲一区二区在线视频 | 在线成人a毛片免费播放 | 午夜精品一区二区三区在线观看 | 久久久久久久久免费视频 | 亚洲视频在线观看免费视频 |