2005年上半年业绩公布-ChinaSinopec.pptVIP

Disclaimer Agenda 1H 2005 Business Review Market Environment China’s economy maintained steady growth with GDP at 9.5% Domestic consumption of oil products increased by 5.56% Domestic consumption of petrochemicals (ethylene equivalent) increased by 5.70% Crude oil price climbed to a record high Petrochemical prices remained high albeit somewhat down from 4Q 2004 Price control on refined oil products remained in effect EP – Stable Production EP Segment Performance Refining– Efficient Operation at Full Utilization Refining Segment Performance Marketing - Optimized Marketing Network, Expanded R