BEIJING, Oct. 14,
2024 /PRNewswire/ -- China Petroleum & Chemical
Corporation (HKG: 0386, "Sinopec") has released the group's
significant achievements in promoting high-quality development and
supporting China's modernization
process for the very first time at a special event on October 10th in Beijing, China.
The 10 significant achievements cover the scopes ranging from
energy security, industrial development, green and
low-carbon progress to technological innovation,
improving livelihood and more, and they are vivid epitome of the
high-quality development of China's top enterprises:
1. Project Deep Earth No.1 sets a new benchmark for
oil and gas industry development; it has implemented four oil and
gas zones of hundred million-tone scale and accentuated
China's position in the
industry.
2. The complete aromatic hydrocarbon technology
solution drives future breakthroughs with innovation, making
China the world's third country to
own the technology and reach new height at a new starting
point.
3. The Fuling shale gas field, China's first commercially developed shale gas
project, leading the shale evolution in the East, has delivered
nearly 70 billion cubic meters of gas to the Yangtze River Economic
Belt region.
4. The million-ton CCUS pilot project anchors
global carbon neutrality trends.
5. Sinopec's complete geothermal energy pilot
project is providing heat for the city of Xiong'an.
6. Sinopec's world-class ethylene base has set new
industry benchmarks.
7. Sinopec has upgraded the premium petroleum products
fuel standard from National 1 Standard to National
6.
8. Sinopec is leading shale oil development in
China's onshore faulted
basin.
9. Sinopec has implemented a wide range of green actions
to usher green development of the industry.
10. The Kuqa green hydrogen pilot project in
northwest China unfolds a new
chapter of green energy. The mega project is the largest
solar-to-hydrogen project in the world and serves to carve out a
new path for green hydrogen refining and provide an exemplary model
for green hydrogen production in China.
"As we embark on the new journey, Sinopec will thrive forward to
shoulder the core responsibilities and make unremitting efforts to
secure energy, pave the path of new industrialization, and stand up
in sci-tech innovation with resilience, with a people-centered
approach, and gather more forces of progress," commented Ma
Yongsheng, chairman of Sinopec. "Sinopec is committed to lead
the industry development and to set more industry 'firsts' as part
of China's course of
modernization."
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