The Company has been gradually involved in the domestic clean energy sector since 2015 and formally set up an operations team in 2019 to start substantive operations in natural gas (LNG/CNG) trading and logistics, traditional fuel replacement solutions for industrial users and industrial oilfields, distributed energy development, planning and investment and operation of new energy fuel industries, and urban gas transmission and distribution construction management in Sichuan, Guizhou and Yunnan.
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Recently, the 8th China Petroleum and Chemical Industry Procurement Conference, hosted by the China Petroleum and Chemical Industry Federation, was successfully held in Nanjing. The conference is themed "Optimization, Reconstruction, and Ecological Innovation", gathering industry elites to jointly explore the optimization, reconstruction, and ecological innovation of the procurement supply chain in the petrochemical industry.
The Jimusar National Continental Shale Oil Demonstration Zone in Xinjiang is the first national shale oil demonstration zone in China. In the first quarter of this year, Xinjiang Oilfield and Tuha Oilfield jointly produced 315000 tons of shale oil in Jimusaer, setting a new historical high.
With the closure of the production valve of Well H1 in Bai 15, the 23rd gas production period of China Petroleum Dagang Oilfield Gas Storage Group has successfully concluded, with a cumulative gas production of 2.206 billion cubic meters, a year-on-year increase of 16%, breaking the record for annual gas production.