QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi attends a signing ceremony with Sinopec, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi 

QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi attends a signing ceremony with Sinopec, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi 

QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi attends a signing ceremony with Sinopec, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi 

QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi attends a signing ceremony with Sinopec, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi 

QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi attends a signing ceremony with Sinopec, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi 

QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi attends a signing ceremony with Sinopec, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi 

QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi sits during a private interview with Reuters, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi 

QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi sits during a private interview with Reuters, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi 

QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi sits during a private interview with Reuters, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi 

A man takes pictures near a screen displaying a view of Sinopec's liquefied natural gas (LNG) terminal at the oil company's booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Florence Lo 

A man looks at models displayed at the booth of Chinese oil company Sinopec during the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Florence Lo 

Smoke billows from a Sinopec Shanghai Petrochemical Co Ltd plant where a fire broke out, in Jinshan district of Shanghai, China June 18, 2022. REUTERS/Aly Song 

Smoke billows from a Sinopec Shanghai Petrochemical Co Ltd plant where a fire broke out, in Jinshan district of Shanghai, China June 18, 2022. REUTERS/Aly Song 

Smoke billows from a Sinopec Shanghai Petrochemical Co Ltd plant where a fire broke out, in Jinshan district of Shanghai, China June 18, 2022. REUTERS/Aly Song 

Smoke billows from a Sinopec Shanghai Petrochemical Co Ltd plant where a fire broke out, in Jinshan district of Shanghai, China June 18, 2022. REUTERS/Aly Song 

A man takes pictures of models displayed at the Sinopec booth during the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2021. REUTERS/Florence Lo 

Workers pedal past a Sinopec Shanghai Petrochemical refinery in Shihua, about 70kms from Shanghai, July 26, 2001. The characters on top read "Unity, Hard work, Practical, Be First. 

Workers unload groceries at a Sinopec gas station where customers can buy supplies while they refuel as the country is hit by an outbreak of the novel coronavirus, in Beijing, China, February 28, 2020. REUTERS/Thomas Peter 

A pump attendant carries a box of groceriees into a car at a Sinopec gas station where customers can buy supplies while they refuel as the country is hit by an outbreak of the novel coronavirus, in Beijing, China, February 28, 2020. REUTERS/Thomas Peter 

A pump attendant wears a mask as he refuels a car at a Sinopec gas station where customers can buy supplies as the country is hit by an outbreak of the novel coronavirus, in Beijing, China, February 28, 2020. REUTERS/Thomas Peter 

A pump attendant puts a box of groceriees into a car at a Sinopec gas station where customers can buy supplies while they refuel as the country is hit by an outbreak of the novel coronavirus, in Beijing, China, February 28, 2020. REUTERS/Thomas Peter 

A customer uses an app to order groceries at a Sinopec gas station where customers can buy supplies while they refuel as the country is hit by an outbreak of the novel coronavirus, in Beijing, China, February 28, 2020. REUTERS/Thomas Peter 

A worker sorts groceries at a Sinopec gas station where customers can buy supplies while they refuel as the country is hit by an outbreak of the novel coronavirus, in Beijing, China, February 28, 2020. REUTERS/Thomas Peter 

A pump attendant puts a box of groceriees into a car at a Sinopec gas station where customers can buy supplies while they refuel as the country is hit by an outbreak of the novel coronavirus, in Beijing, China, February 28, 2020. REUTERS/Thomas Peter 

A worker sorts groceries at a Sinopec gas station where customers can buy supplies while they refuel as the country is hit by an outbreak of the novel coronavirus, in Beijing, China, February 28, 2020. REUTERS/Thomas Peter 

Workers unload groceries at a Sinopec gas station where customers can buy supplies while they refuel as the country is hit by an outbreak of the novel coronavirus, in Beijing, China, February 28, 2020. REUTERS/Thomas Peter 

Mariano Ferrari, CEO of Repsol Sinopec Brasil S.A. attends the 2019 OTC Brasil Conference in Rio de Janeiro, Brazil October 29, 2019. REUTERS/Sergio Moraes 

Mariano Ferrari, CEO of Repsol Sinopec Brasil S.A. attends the 2019 OTC Brasil Conference in Rio de Janeiro, Brazil October 29, 2019. REUTERS/Sergio Moraes 

Map showing the existing and planned petrochemical hubs along China's east coast from PetroChina, Sinopec and other companies. 

A pumpjack is seen at the Sinopec-operated Shengli oil field in Dongying, Shandong province, China January 12, 2017. Picture taken January 12, 2017. REUTERS/Chen Aizhu 

Fracking trucks are seen at a shale gas well of Sinopec in Nanchuan, Chongqing, China March 18, 2018. Picture taken March 18, 2018. REUTERS/Chen Aizhu 

Employees work at a shale gas fracking site of Sinopec in Nanchuan, Chongqing, China March 18, 2018. Picture taken March 18, 2018. REUTERS/Chen Aizhu 

Fracking trucks at work are seen at a shale gas well of Sinopec in Nanchuan, Chongqing, China March 18, 2018. Picture taken March 18, 2018. REUTERS/Chen Aizhu 

A shale gas drilling rig run by Sinopec is seen in Chongqing, China March 18, 2018. Picture taken March 18, 2018. REUTERS/Chen Aizhu 

China’s Sinopec Corp Vice President Huang Wensheng attends a news conference in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip 

The company logo of China’s Sinopec Corp is displayed at a news conference in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip 

China’s Sinopec Corp Vice Chairman & President Dai Houliang attends a news conference in Hong Kong, China, March 26, 2018. REUTERS/Bobby Yip 

A compressing station run by Sinopec is seen at Fuling shale gas field in Chongqing, China December 13, 2017. Picture taken December 13, 2017. REUTERS/Chen Aizhu 

A compressing station run by Sinopec is seen at Fuling shale gas field in Chongqing, China December 13, 2017. Picture taken December 13, 2017. REUTERS/Chen Aizhu 

A Sinopec-operated LNG storage tank is seen in Fuling district, in Chongqing, China December 13, 2017. Picture taken December 13, 2017. REUTERS/Chen Aizhu 

A pressure-boosting station run by Sinopec is seen at Fuling shale gas field in Chongqing, China December 13, 2017. Picture taken December 13, 2017. REUTERS/ Chen Aizhu 

Vice chairman and president of China Investment Corporations (CIC) Tu Guangshao, president of Sinopec Group Dai Houliang and chairman of the Board of Directors of the Bank of China Chen Siqing attend signing ceremony and meeting of business leaders with with U.S. President Donald Trump and China's President Xi Jinping at the Great Hall of the People in Beijing, China November 9, 2017. REUTERS/Damir Sagolj 

Vice chairman and president of China Investment Corporations (CIC) Tu Guangshao, chairman of the Board of Directors of the Bank of China Chen Siqing and president of Sinopec Group Dai Houliang attend signing ceremony and meeting of business leaders with with U.S. President Donald Trump and China's President Xi Jinping at the Great Hall of the People in Beijing, China November 9, 2017. REUTERS/Damir Sagolj 

Leonardo Junqueira, CEO of Repsol Sinopec, talks during an interview in Rio de Janeiro, Brazil, August 11, 2017. REUTERS/Ricardo Moraes 

Leonardo Junqueira, CEO of Repsol Sinopec, observes the view after an interview in Rio de Janeiro, Brazil, August 11, 2017. REUTERS/Ricardo Moraes 

Leonardo Junqueira, CEO of Repsol Sinopec, observes the view after an interview in Rio de Janeiro, Brazil, August 11, 2017. REUTERS/Ricardo Moraes 

Leonardo Junqueira, CEO of Repsol Sinopec, talks during an interview in Rio de Janeiro, Brazil, August 11, 2017. REUTERS/Ricardo Moraes 

Leonardo Junqueira, CEO of Repsol Sinopec, talks during an interview in Rio de Janeiro, Brazil, August 11, 2017. REUTERS/Ricardo Moraes 

Leonardo Junqueira, CEO of Repsol Sinopec, talks during an interview in Rio de Janeiro, Brazil, August 11, 2017. REUTERS/Ricardo Moraes 

FILE PHOTO: Oil tanks are seen at a Sinopec plant in Hefei, Anhui province, May 31, 2009. REUTERS/Jianan Yu/File Photo 

A Sinopec sign displayed at its gas station is seen behind a Chinese New Year lantern installation in Hong Kong February 5, 2013. REUTERS/Bobby Yip/File Photo 

Cars wait to take on fuel at a Sinopec gas station in Beijing, China, February 3, 2016. REUTERS/Kim Kyung-Hoon/File Photo GLOBAL BUSINESS WEEK AHEAD - SEARCH "GLOBAL BUSINESS AUG 22" FOR ALL IMAGES 

File Photo - A Sinopec sign displayed at its gas station is seen behind a Chinese New Year lantern installation in Hong Kong in this February 5, 2013 file photo. REUTERS/Bobby Yip/File Photo 

Cars wait to fill with fuel at Sinopec's fuel station in Beijing, China, February 3, 2016. REUTERS/Kim Kyung-Hoon/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH 'BUSINESS WEEK AHEAD APRIL 25' FOR ALL IMAGES 

Sinopec Corp President Li Chunguang attends a news conference on the company's annual results in Hong Kong, China March 30, 2016. REUTERS/Bobby Yip 

Sinopec Corp Chairman Wang Yupu attends a news conference on the company's annual results in Hong Kong, China March 30, 2016. REUTERS/Bobby Yip 

Sinopec Corp Chairman Wang Yupu attends a news conference on the company's annual results in Hong Kong, China March 30, 2016. REUTERS/Bobby Yip 

Sinopec Corp Chairman Wang Yupu attends a news conference on the company's annual results in Hong Kong, China March 30, 2016. REUTERS/Bobby Yip 

Sinopec Corp Chairman Wang Yupu attends a news conference on the company's annual results in Hong Kong, China March 30, 2016. REUTERS/Bobby Yip 

A Sinopec sign displayed at its gas station is seen behind a Chinese New Year lantern installation in Hong Kong in this February 5, 2013 file photo. REUTERS/Bobby Yip/Files