There is not much difference. These two companies are currently the strongest state-owned oil companies in China with independent crude oil supply and refined oil markets. Comparatively, the price of PetroChina is about 3% lower than Sinopec, but the quality of gasoline is the same. The following is a related introduction to new energy fuel: 1. Introduction 1: It is a high-cleanliness new liquid fuel synthesized through specific biochemical processes using cheap raw materials such as crude methanol. It can be stored, transported, and used under normal temperature and pressure without the need for high-pressure steel cylinders. Ordinary metal or plastic containers can be used for storage. 2. Introduction 2: The combustion value of new alcohol-based fuel is comparable to that of liquefied petroleum gas (LPG), making it a substitute for LPG and fuel oil. The exhaust emissions after combustion are more than 80% lower than those of LPG, with no residue or liquid waste, and it does not blacken pots. It is clean, sanitary, safe, cheap, easy to source raw materials, and convenient to use, making it a biomass clean energy source encouraged by the state. 3. Introduction 3: Currently, the cost is only about half of the wholesale price of LPG or diesel, offering huge profit margins and high investment value. It is mainly composed of methanol with a small amount of additives and water, primarily used in catering hotels, school and factory canteens, industrial boilers, drying, bathrooms, etc. However, it is not yet mature for household or automotive use.
