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On August 23, petrochina release half annals, continue to decline in 2011, its net profit than the same period in 2011 fell by 6%, oil refining and chemical plate loss situation is still serious, 28.875 billion yuan RMB. In addition, it is worth noting, natural gas and pipe plate operation profit tumbling 84.7% year-on-year.
Results showed that the first half of 2012 oil realize turnover, 1.05 trillion yuan more than last year the corresponding period grows 9.9%; A net profit of 62.026 billion yuan ($), 6% year-on-year drop. The company said net profit decline is mainly by imported gas quantity increase and into the sales price fuchsia, domestic prices of refined petroleum products the macroeconomic regulation and control and the impact of factors such as the rising costs.
From digital point of view, the oil and gas and pipe plate in the first half profit do appear fell significantly. Although natural gas sales increase and city gas and LPG business sustainable development, make in the first half of the petroleum natural gas and pipe plate turnover striking, for 98.062 billion yuan, more than the same period in 2011 increased by 20.2% of the 81.606 billion yuan RMB. But subject to import central Asian gas and LNG (liquefied natural gas) loss increase effect, the first half of natural gas and pipe plate profit only for 1.637 billion yuan, more than 2011 years in the same period of 10.73 billion yuan RMB fell by 84.7%. And in the first half of 2011 natural gas and pipe plate than the same period in 2010 profits fell by 4.3%.
Xiamen university, director of the center for energy LinBoJiang says, domestic natural gas to imported from abroad, but now the situation is, in the overseas import gas than in domestic very out of a much higher price, high buy low sell its profit is the main reason for the decline. With gas ex-factory price increase, natural gas price reform if there is still no substantial progress, this awkward situation will continue.
Also it is not difficult to see from earnings in natural gas and oil in the pipeline plate spending increases, the first half of 2012 business spending 96.425 billion yuan, more than the first half of 2011 70.876 billion yuan RMB increase of 36%. The main reason is because the natural gas and pipe plate import central Asia 10.45 billion cubic meters of natural gas, liquefied natural gas 2.31 billion cubic meters of purchase expenditure increase.
Petrochina ZhouJiPing President in the medium-term performance press conference also said, the company imported from overseas natural gas prices fuchsia, leading to the business losses in the first half of 22.59 billion yuan RMB, but to achieve the central government more than 30 one hundred million yuan of value added tax return, so this business actual loss 19.6 billion yuan.
ZhouJiPing said that the price of natural gas problem has aroused widespread concern and get the attention of the relevant departments of the state. The national development and reform commission it made it clear that in the second half of the year is one of the key work to promote the reform of the refined oil price mechanism and natural gas price mechanism reform, the natural gas price mechanism of pilot and promotion will have a positive effect. The current domestic natural gas ratio of dependence on foreign exceed 20%, the rate is expected in 2012 years later will more than 30%, so reform price fuchsia problem is very important.