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New Energy Development |
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Non-conventional oil & gas
resources are important potential development areas for
Sinopec. The Group’s focus mainly goes to the CBM and
shale gas in North China area and southern area of
China. Sinopec is actively getting itself prepared for
the development and use of shale gas. It is also the
earliest company in China to bring in CBM exploration
technology and make the successful exploration.
In term of clean development and use of coal, Sinopec
has built Fischer-Tropsch synthesis pilot facility with
the capacity of 3000 tons/year in ZRCC.
Partial replacement of fossil energy with biomass
liquid fuel can not only bring energy products like
transportation fuels, and but also helps to fulfill
zero carbon emission. Sinopec has involved itself in
fuel ethanol and bio-diesel technology and has
already started R&D efforts of cellulosic ethanol
technology and microalgae-to-diesel technology.
Sinopec has accumulatively sold ethanol gasoline
29.2 million tons and utilized modified fuel ethanol
2.98 million tons Since 2006; it has successfully
developed bio-diesel production technology through
SRCA method and completed its commercialization
experiment; it has started cooperation with CAS
(Chinese Academy of Science) in the fields of new
energy to jointly research and develop
microalgae-to-biodiesel technology. |
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