ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Energy

Sinopec to add hydrogen to 1,000 gas stations by 2025

Strong chemical demand to help raise first-quarter profit above 2019 level

A Sinopec gas station in Beijing: The company's chairman, Zhang Yuzhuo, said March 29 that it would offer hydrogen fuel at 100 of its 30,000 Chinese service stations by year's end. 

HONG KONG -- Sinopec, the Chinese state-owned oil producer, said Monday that it will offer hydrogen at up to 1,000 of its service stations in the country by the end of 2025, signaling support for Beijing's efforts to deploy the gas to help achieve President Xi Jinping's carbon neutrality targets.

While new figures released by Sinopec, formally China Petroleum & Chemical, also showed that the company's core oil operations have come roaring back to life, the hydrogen plan underlines how it and peers PetroChina and CNOOC are under pressure to come up with road maps to put Xi's 2060 carbon-zero vision into practice.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more