Stay Continue Operations

China Petroleum & Chemical Corporation ("China Petroleum and Chemical Corporation")

 
 
 
Stay Continue Operations
Revenue(RF), mln.USD
47
Assets(RF), mln.USD
179
Staff(RF), 2021
18
Taxes(RF), mln.USD
1
Glob.Revenue, mln.USD
493045

China Petrochemical Corporation has significant integration with Russia's largest companies in the oil and gas industry, which continues to grow and develop. At the end of March 2022, a representative of Sinopec said that the Chinese state energy company would continue to buy crude oil and gas from Russia even if Western democracies tightened sanctions in response to Russia's invasion of Ukraine. In December 2022, the Chinese state-run China Daily reported a significant increase in cooperation with Russia at Sibur.

The Company Statement
February 15, 2023

Suspend $500M new investment and significant operations and partnerships. China's top refiners PetroChina and Sinopec are resuming purchases of discounted Russian crude after a brief pause in late 2022, just before the European Union embargo on Russian oil started. NACP adds the three largest Chinese oil and gas companies to the list of international sponsors of war.

Open the Statement
Statements Archive
March 26, 2024Final sanctioned tanker with Russian Sokol oil to reach China port, data shows
October 03, 2023Oil gets even darker: NACP adds the three largest Chinese oil and gas companies to the list of international sponsors of war
October 03, 2023China Petrochemical Corporation (Sinopec Group) - International sponsor of war | War and sanctions
October 03, 2023Board of Directors | Sinopec Corp
October 03, 2023AMUR GCC LLC - General Director Alexey Ivanovich Vereshchagin - TIN 2807043990
October 03, 2023Interfax – Information Disclosure Server
August 02, 2023Sinopec Group | 2023 Global 500 | Fortune
December 17, 2022Russia's Sibur develops mutually beneficial partnership with China
August 12, 2022Top 10 largest companies in the world by revenue
March 28, 2022China's Sinopec pauses Russia projects, Beijing wary of sanctions -sources
March 28, 2022China's Sinopec to keep buying Russian oil and gas, exec says
December 28, 2016FAS continues to analyze the deal between SIBUR and the Silk Road Fund
Industrial leasing - Person of the Russian Federation
Demand to Leave Russia:Petition text has been copied to the clipboard.
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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