Recently, Petroleum Exploration and Development Research Institute of the successful completion of overseas strategy in 2011 China Petrochemical overseas reserves bulletin preparation.

China Petrochemical overseas oil and gas resources of many types, there are conventional oil, condensate, asphalt oil (Canadian oil sands), dissolved gas, natural gas, gas condensate, natural gas liquids, such as coalbed methane and distributed in six major world resource area 23 countries.

2011, China Petrochemical continue to increase overseas oil and gas asset acquisition efforts, the newly acquired reserves Assets 6, the new addition of unconventional gas reserves, potential resources and NGL (natural gas liquids) assets. Accumulated in 14 fields and blocks (or the project company) have a greater discovery exploration, natural gas and gas condensate also has a new discovery, realized oil and gas simultaneously, both conventional and unconventional.