Themed "Managing Energy Transition through Open Cooperation", the 6th China International Import Expo (CIIE) SINOPEC Forum and Signing Ceremony was held in Shanghai On November 4. The forum focused on global energy transformation and international cooperation and discussed new pathways for green and low-carbon development. 

On the signing ceremony, Sinopec entered into procurement agreements with 38 partners from 16 countries and regions, involving 11 categories and 29 products such as crude oil, chemicals, equipment, materials, agricultural products, etc., with a procurement contract value of $40.3 billion. Since 2018, the total value of the purchase agreements signed by Sinopec during all the CIIEs in the past 6 years has amounted to more than $244 billion.

@Sinopec     11-05

On 4th November, Sinopec announced the signing of integrated cooperation agreements with QatarEnergy for the North Field South (NFS) project, which includes a 27-year long-term LNG SPA and a partnership agreement. QatarEnergy will supply 3 million tonnes per annum (MTPA) of LNG to Sinopec and transfer a 5% interest in a joint venture company (equivalent to 1.875% interest of the NFS project) to Sinopec. The collaboration on NFS project is the third long-term LNG SPA and the second integrated cooperation milestone between the two companies after NFE project.

@Sinopec     11-05

In light of their decade-long partnership, Sinopec and Apache Corporation signed in Beijing a Memorandum of Understanding (MoU) on the comprehensive management of mature oilfields for Sinopec－Apache Egypt project.

According to the MoU, the two sides will carry out in-depth cooperation on the optimal development of brown fields and EOR techniques, so as to achieve sustainability and high-quality development of the project. #SinopecNews

@Sinopec     10-30

On October 23rd, in the run-up to the 7th Future Investment Initiative, China Petroleum & Chemical Corporation (Sinopec) and Aramco signed a Memorandum of Understanding (MoU) in Dhahran on “YASREF+Project”.

“YASREF+Project” is an integrated petrochemical project that converts liquids to chemicals, which includes a 1.8 mta ethylene cracker and downstream derivatives units. The feedstock is mainly supplied by China's largest investment project in Saudi Arabia—Yanbu Aramco Sinopec Refining Company (YASREF) refinery. After the completion of the project, it will contribute to energy transformation and Saudi Vision 2030. YASREF is jointly invested by Sinopec and Aramco, which has been in successful operation since January 2016.

@Sinopec     10-24

The past decade is like a yardstick of time, measuring the changes and development of the world.

The past decade is like a palette of colors, painting a wonderful world with Sinopec and the Belt and Road.

@Sinopec     10-18