Oil price rally helped PetroChina exceed billions in the first three quarters

As a result of the main product sales price increases and sales increase, PetroChina's first three quarter to achieve net profit of 100.03 billion yuan, 81.348 billion yuan last year increased by 23%; equivalent to 412 million yuan a day.　　The third quarter realized profits 34.7 billion yuan, an increase of 12.5%. PetroChina (601857. SH/00857.HK issued three quarterly reports on the evening of 27th.　　PetroChina achieved revenue of 1.048 trillion yuan in the first three quarters, an increase of 53%. In the first three quarters, PetroChina group produced 640 million barrels of crude oil, an increase of 1.3%, production can sell natural gas 1.6845 trillion cubic feet, an increase of 10.5%, oil and gas equivalent production 921 million barrels, an increase of 4%, of which overseas oil and gas equivalent production 84 million barrels, an increase of 10%.　　Processing crude oil 657 million barrels, an increase of 8.3%, the production of gasoline, diesel and kerosene 57.79 million tons, the year-on-year growth of 7.2%, production of 2.67 million tons of ethylene, an increase of 30.5%. There have been three adjustments in domestic oil prices this year, including two on a downward revision; During the reporting period, PetroChina said the average price of crude oil was 71.76 USD/barrel, an increase of 46.3% per cent.　　In addition, the average price of natural gas rose by 10%.　　In the first three quarters, PetroChina Group sold 90.92 million tonnes of petrol, diesel and kerosene, up 24.3% per cent year-on-year.　　In addition, as a result of the joint venture and the company's operating performance increased, PetroChina's first three quarters of investment income increased 1.6 times times, up to 4.4 billion yuan. PetroChina in key projects, Guangxi petrochemical Tens of millions of tons of oil refining projects officially put into operation, Sichuan Petrochemical, Ningxia Petrochemical and other key construction projects are also advancing according to the plan.　　China-Russia crude oil pipeline has been completed and put into production, Central Asia gas pipeline B line has been completed, is a phased boost, the west-East gas pipeline East section to accelerate the promotion. China's oil shares fell 2.08% to 11.32 yuan/share, while H shares fell 4.29% to 9.59 Hong Kong dollars/shares.