form6k.htm

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934

For the month of July, 2014

CHINA PETROLEUM & CHEMICAL CORPORATION
22 Chaoyangmen North Street,
Chaoyang District, Beijing, 100728
People's Republic of China
Tel: (8610) 59960114

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
 
Form 20-F     X    
 
Form 40-F _____

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. )
 
Yes ____
 
No   X    
(If "Yes" is marked, indicate below the file number assigned to registrant in connection with Rule 12g3-2(b): 82-__________. )
N/A

 
 

 

This Form 6-K consists of:

An indicative announcement regarding operating results for the first half of 2014 of China Petroleum & Chemical Corporation (the “Registrant”), made by the Registrant on July 21, 2014.

 
 

 

 
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
 

 
Indicative Announcement of the Operation Results for the First Half of 2014
 

The Board of Directors of China Petroleum & Chemical Corporation and all of its directors warrant that the contents of this announcement are free from misrepresentations, misleading statements or material omissions, and severally and jointly accept full responsibility for the authenticity, accuracy and completeness of the contents of this announcement.
 

 
Operational Statistics for the First Half of 2014
 


Production
Unit
    1H 2014       1H 2013    
Change %
 
Oil and gas
mmboe
    237.01       219.46       8.00  
Crude Oil*
mmbbls
    177.88       165.44       7.52  
China
mmbbls
    154.15       153.66       0.32  
Overseas
mmbbls
    23.73       11.78       101.44  
Natural Gas**
bcf
    354.80       324.14       9.46  
                           
Refinery Throughput***
Million tonnes
    115.81       115.44       0.32  
Gasoline
Million tonnes
    24.94       22.75       9.63  
Diesel
Million tonnes
    36.67       38.64       (5.10 )
Kerosene incl. Jet Fuel
Million tonnes
    10.01       8.36       19.74  
Light Chemical Feedstock
Million tonnes
    19.96       18.82       6.06  
                           
Ethylene
’000 tonnes
    5,084       4,841       5.02  
Synthetic Resins
’000 tonnes
    6,965       6,730       3.49  
Synthetic Fibers
’000 tonnes
    646       699       (7.58 )
Synthetic Rubbers
’000 tonnes
    483       457       5.69  
                           
Total Domestic Sales
Volume of Refined Oil Products
Million tonnes
      81.04           80.75           0.36  
Retail
Million tonnes
    56.55       55.52       1.86  
Wholesale & Distribution
Million tonnes
    24.49       25.23       (2.93 )

 
 

 


 
Conversion ratio:
 
 
*
 
Domestic crude is converted at 1 tonne = 7.1 barrels, overseas crude 1 tonne
   
= 7.21 barrels
**
 
1 cubic meter = 35.31 cubic feet
***  
 
1 tonne = 7.35 barrels


Note:  The above table includes 100% of the production from JVs.
 


The above operational statistics for the first half of 2014 have not been audited. The Company will release its audited statistics in its 2014 interim report and differences may arise between the above statistics and the statistics in the 2014 interim report due to review and audit adjustment. In such cases, the statistics in the 2014 interim report shall prevail. Potential investors and shareholders of the Company should exercise caution when dealing in the shares of the Company.
 

 
By order of the Board
 
China Petroleum & Chemical Corporation
 
Huang Wensheng
 
Vice President and Secretary to the Board of Directors
 

21 July 2014


As of the date of this announcement, directors of the Company are: Fu Chengyu*, Wang Tianpu*, Zhang Yaocang*, Li Chunguang#, Zhang Jianhua#, Wang Zhigang#, Cai Xiyou#, Cao Yaofeng*, Dai Houliang#, Liu Yun*, Chen Xiaojin+, Ma Weihua+, Jiang Xiaoming+, Andrew Y. Yan+, Bao Guoming+.
 
#
 
Executive Director
     
*
 
Non-executive Director
     
+
 
Independent Non-executive Director

 
 
 
 
 

 


 
SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



China Petroleum & Chemical Corporation



By: /s/ Huang Wensheng

Name: Huang Wensheng

Title: Secretary to the Board of Directors



Date: July 22, 2014