Sinopec’s Gas Output up 14 Pct Despite H1 Profit Slump

China Petroleum & Chemical Corp.’s (Sinopec) natural gas output over the first half of 2012 (H1) rose by 14.1 percent year-on-year to 8.2 billion cubic meters (bcm), a silver lining for the company amid poor interim results that saw net profits tumble by 40.5 percent to RMB 24.50 billion ($3.85 billion).. (Interfax, Edited by Topco)