Chinese major Sinopec reports big drop in profits amid rising LNG imports and economic recovery

Thursday, 29 October 2020

China Petroleum and Chemical Corp., or Sinopec, the largest Chinese owner of oil refineries and with growing LNG volumes to match its contracted Australian supplies, reported a tumble in net profits of almost 46 percent in the year to date because of the double challenges in the energy market.


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Last modified on Thursday, 29 October 2020 06:24
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