In the first half of the year, the economy of the petroleum and chemical industries continued to grow rapidly, and the cumulative growth was higher than the national industrial output value by 3.3 percentage points. According to statistics, as of the end of June, there were 26,518 enterprises above designated size in the industry (enterprises with a main income of over 20 million yuan), and the cumulative total output value was 5.32 trillion yuan, a record high, which was a year-on-year increase of 34.4%, accounting for 13.44 of the national-scale industrial output value. %. From January to May, the entire industry realized a profit of 356.03 billion yuan, a year-on-year increase of 32.2%, accounting for 18.54% of the country's total industrial profits.
The Ministry of Industry and Information Technology predicts that in the second half of the year, the economic operation of China's petroleum and chemical industries will continue to maintain a steady and healthy trend, but the growth rate may gradually slow down. Among them, the third quarter output value of 2.84 trillion yuan, an increase of 27.7%, a decline of 2.2%; quarterly output value of 2.77 trillion yuan, an increase of 10%, a decline of 2.3%; annual industry-wide profit of about 900 billion yuan, year-on-year 28.5% increase.
According to the data from the Ministry of Industry and Information Technology, the apparent domestic crude oil consumption was about 468 million tons in 2011, an increase of 6.5% year-on-year; the apparent consumption of natural gas was about 124.6 billion cubic meters, an increase of 16.1%; the apparent consumption of refined oil was approximately 2.67 billion tons, an increase of 8.8%, of which the apparent consumption of diesel was about 172 million tons, an increase of 10.1%; the apparent consumption of chemical fertilizer was about 64.01 million tons, an increase of 2%, of which the apparent consumption of urea was 21.75 million tons, compared with the previous year. It was roughly flat; the apparent consumption of synthetic resin was about 74.33 million tons, an increase of approximately 4.6%; the apparent consumption of ethylene was approximately 17.13 million tons, an increase of 13.3%; the apparent consumption of caustic soda was approximately 21.21 million tons, an increase of 10.2%.
The Ministry of Industry and Information Technology predicts that domestic crude oil production in 2011 will be approximately 210 million tons, an increase of 3 to 4% year-on-year; natural gas production will be 106.3 billion cubic meters, an increase of 12.5%; crude oil processing volume will be up and down 460 million tons, an increase of 8.5%; The increase was approximately 10.2%, reaching 433 million tons.
International Energy Network News: The Ministry of Industry and Information Technology predicts that the total output value of China's oil and chemical industry will exceed 10 trillion yuan historically this year, reaching approximately 10.91 trillion yuan, an increase of 23% over the same period of last year.