Sinopec Reports Higher Natural Gas and Chemical Production, Lower Refined Oil Sales in 2025

China Petroleum & Chemical Corporation (Sinopec Corp.) has released its operational statistics for the year 2025. The company reported crude oil production of 39.70 million tonnes in 2025, a slight increase of 0.20% compared to 39.62 million tonnes in 2024. Domestic crude oil production rose by 0.67% to 36.02 million tonnes, while overseas production decreased by 4.17% to 3.68 million tonnes. Natural gas production reached 41.253 billion cubic meters, up 4.02% from the previous year. Refinery throughput was 250.33 million tonnes, a decrease of 0.78% compared to 2024. Gasoline production declined by 2.40% to 62.61 million tonnes, and diesel production fell by 9.10% to 52.64 million tonnes. Kerosene, including jet fuel, increased by 7.25% to 33.71 million tonnes. Production of light chemical feedstock rose by 8.44% to 44.22 million tonnes. Ethylene production increased by 13.46% to 15,279 thousand tonnes, synthetic resins by 9.71% to 22,037 thousand tonnes, and synthetic rubbers by 10.43% to 1,578 thousand tonnes. Synthetic fibers production decreased by 1.52% to 1,229 thousand tonnes. The total domestic sales volume of refined oil products was 177.56 million tonnes, a decrease of 2.88%. Retail sales dropped by 2.90% to 110.16 million tonnes, and direct sales and distribution fell by 2.85% to 67.40 million tonnes. The company noted that these figures are based on current statistical surveys and are unaudited, with final audited results to be published in the annual report.

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