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China's oil refining industry is facing its own overcapacity threat, and face the world refining capacity glut. In this context, China's new oil refining project should do layout work, with a sparsely. Has completed the oil refining enterprises should practice good exercise to benefit the internal organs, the strain to prepare well in advance.
From the view of the world, the international oil giants of concentration of production, mature markets in Europe and America has become saturated, with the Middle East and other international large-scale oil refining production, will impact the Asian market at any time, and China is be the first to bear the brunt.
In this context, there is a big threat to surplus refining capacity.
As the saying goes: "the early bird catches the worm." For China's oil refining enterprises, so is the. We must plan ahead, from the level of national policy guidance, to the enterprise internal training, must be ready, to meet the challenges of the future.
Policy guidance
From the view of the world, the developed countries in the world because the market is mature, significant excess refining capacity. In addition to the crisis in the economy is in the trough and the recovery phase, excess capacity is more obvious.
Fortunately, the overall goal of the development of refining industry in China is in the domestic market to meet the demand, different from the Middle East countries and Indias oil refining industry in addition to meet the domestic market, but also a large number of export products.
Rational planning of new projects is very important. In the next 3 years the Energy Bureau of oil and gas in the planning, construction of large oil refining bases is composed of three parts: speed Zhenhai, Maoming refinery expansion project construction; implement the construction conditions, construction of Sichuan, Guangzhou, Quanzhou, Shanghai and other large oil refining projects; actively promote Venezuela, Qatar, Russia and other countries enterprise crude oil resources in the large oil refining project joint venture construction in china.
Specific to the enterprise, the oil giants have formulated plans to route the future.
In accordance with the refinery development plan for the Sinopec have developed, the future Sinopec will transformation and new construction projects a total of 13. The expansion project 7, total yield reached 30000000 tons. The Jinling Petrochemical from the original 13000000 tons / year, increased to 18000000 tons; Maoming Petrochemical from the original 13500000 tons / year, increased to 25500000 tons / year. In addition, 6 new projects, new refining capacity of 68000000 tons / year.
China oil formulation of planning is to form the industrial circle "four with a circle of" refining business layout. The completion of 18 ten million ton oil refining bases, refining capacity of nearly 300000000 tons / year, of which nearly 150000000 tons / year processing capacity of sour crude.
Among the three largest oil company in the traditional strength of the weakest, cnooc. Planning in accordance with CNOOC, completed in 2011 the transformation of two Huizhou oil refinery, refining capacity expansion to 20000000 tons / year, and carry out the expansion of the study of 40000000 tons / year; the three phase expansion transformation of Daxie petrochemical, expansion of refining capacity in 2013 10000000 tons / year, ZOJE Petrochemical restructuring expansion, in 2014 to reach 20000000 tons / year. At the same time, CNOOC has been incorporated in Shandong to refining, the productivity was 3000000 ~ 5000000 tons / year.
In addition, the Chinese group in Fujian granted Quanzhou 12000000 tons / year refinery integration project, layout in Zhejiang Zhoushan 12000000 tons / year refinery project also plans to start construction in 2011, to be completed in 2014, the main processing from the United Arab Emirates, Angola, Canada Gao Liuyuan oil.
China Petroleum Planning & Engineering Institute Marketing Institute Tang Xianghua think, in the face of the future finished oil market resources in China, the excess capacity sufficient oil situation, a national level by the overall macroeconomic regulation of resources, policies, and create a fair competition environment for domestic oil products market; on the other hand, the enterprise needs to timely response to market the myriads of changes, to link up the products marketing. At present the major oil company in the country has embarked on the "Twelfth Five Year Plan" and the long-term refinery planning, due to the large oil refining projects involving resources, market, location, process of the project. The uncertainty in many aspects, is a complex project, it is difficult to guarantee all planning projects were successfully completed and put into production, so the companies mentioned in the planning of several even a dozen refinery project will be not at all surprising.
"Chinese government should focus on the macro-control, adjust the structure, focus on the layout of the device. To avoid excessive competition disorderly competition, oil refining project. From the general point of view, the Middle East petrochemical plant completed and put into production, many products to export the world market, including Chinese will face the threat of domestic refining enterprises, to take the necessary measures. Domestic enterprises should pay attention to avoid excess capacity, the capacity of more than local demand growth, to be planning to split oil. In the crisis, to meet domestic demand, the enterprise must adjust good opportunity project construction investment and production, to grasp the investment rhythm." Sinopec economic and Technology Research Institute, an expert advice.
The experts also recommended that, along with the domestic oil consumption growth, refining capacity will also require a certain growth. If the future capacity to keep up with market demand, the government must speed up the layout of the new refinery project. But the government should also pay attention to the total control, so that the layout is reasonable.
Insiders analysis: in the refinery project, coastal city is more and more favored by the government. On the one hand, because the future Chinese new crude most rely on imports of crude oil, on the other hand, the southeast coastal area is refined oil demand larger region.
Chinese Petroleum Planning & Engineering Institute of petrochemical experts Sun Baowen suggested, the future new refinery project to focus on the northeast, northwest, southwest, the four strategic