Sinopec subsidiaries continue to implement relevant policies on increasing the output of oil products to guarantee supply on the market.
Sinopec Maoming Company enhances precise management to increase the output of oil products and particularly products in great demand on the market, so as to meet the demand for oil products in Southwestern China and Guangdong province, thus maintaining social and market stability.
Sinopec Chemical Sales Company North China Branch takes multiple measures to fufill the task of guaranteeing market supply. By April 12, it has pooled and transported 33,000 tons of Peking mark B gasoline to Beijing. Sinopec Tianjin Company increased its oil products output in the 1st quarter so as to ensure supply to Beijing. Sinopec Qilu Company increased its gasoline output in March to 147,000 tons, 17,000 tones higher than planned, so as to ensure stable oil products supply in neighboring markets.
Sinopec Maoming Company(referred to as Maoming Branch in short) was founded in 1955 as one of the 156 key projects in the national 1st Five-year Plan. After development of more than 50 years, it claims now 70 leading refining and chemical production plants, with a crude processing capacity of 13.5 million MT/Y and an ethylene production capacity of 1 million MT/Y, as well as complete supporting systems of power supply, port handling, railway transport, crude and product oil transfer pipelines and a 300,000 tonnage SBM offshore crude loading and unloading system.