Sunday, November 27, 2011

Two single large clamping and enterprises local refinery capacity refining business huge losses forced idle

Of double male refinery giant losses local refining factory capacity idle--perspective China refinery industry "blame status" Xinhua Beijing on November 13 electric ("Xinhua viewpoint" reporter Chen Yuming, and Replica Miu Miu Handbags Zhan Yijia, and Liu Xue) China oil, and China petrochemical publishing of three quarter performance report display, this year Qian three quarter, two single large clamping enterprises net profit over 160 billion yuan, but refinery business is continues to appeared huge losses, total losses 64.639 billion yuan.  "Xinhua perspective" journalist found a "strange phenomenon"--double male in petrochemical refining of the huge losses at the same time, many local refiners worried about not losing, but no oil for refining.  If the refining business was "losing goods", why did local refineries are waiting? if refining is a piece of "fat", why the petrochemical dual male frequently Replica Miu Miu Handbags moan and groan? Huge losses of more than 60 billion yuan while idle nearly 90 million tons capacity the first three quarters of this year, PetroChina oil refining loss $ 41.539 billion
Sinopec oil refining sector losses of $ 23.1 billion.  PetroChina, Sinopec, oil refining loss is no longer news. in 2007, oil refining and marketing sector losses, China petrochemical refinery losses $ 20.68 billion to $; in 2008, both losses, respectively, and $ 82.97 billion to $. March 2008, Sinopec also received $ 12.3 billion financial subsidies.  For the first three quarters of this year's losses, PetroChina said it was "high international oil prices and the regulation of domestic Replica Miu Miu Handbags fuel prices to enhance impact", Sinopec explained is "cost of crude oil in refineries to plant high".  However, it is interesting, national development and Reform Commission published a statistical data show that in January-August this year, the domestic refining industry losses only 1.84 billion yuan-though statistics and diameter and some differences, but big differences remain between the two data inevitably surprising. Is
Who hedged petrochemical dual male oil business huge losses? clearly, only other domestic oil refining companies--PetroChina, Sinopec currently refining capacity of about 80% in the industry-wide, there are more than more than 60 local refineries, Replica Miu Miu Handbags half of them in Shandong. "We will have as long as there is oil refining profits, is nothing more than how much profit."  Dongying, Shandong, a refinery official said, "we is poor quality fuel oil refining, many higher than costs of refining crude oil, but also without loss; PetroChina, Sinopec, why is the oil refinery losses, I do not quite understand."  This refinery officials said, the local refinery the most distressing thing is not losing, but without a steady stream of oil source; without source without rice cooking and couldn't start.  According to the National Federation of petroleum industry Association statistics, at present China's local refining capacity Replica Miu Miu Handbags of about 130 million tons of oil refinery, oil refining only about 40 million tons per year, nearly 90 million tons of capacity is wasted. "
Case, the local refinery exactly 30% per cent of the average operating rate, so a lot of capacity unused waste. "  National Federation of the oil industry, President of the Chamber of Commerce, Jiangsu General Manager Qian Qilian Teda blue swallow petrochemical group, said.  Eastern oil and gas network according to the end of August this year, Shandong smelting the overall operating rate of only 35.3%; domestic diesel resources since tensions in recent months, local refinery capacity utilization has increased, and early November, refinery Replica Miu Miu Handbags capacity utilization increased from 45.7% in Shandong province.  Male control over mining and trade of petrochemical dual refining and selling local refineries in order to survive on one side is caught but frequent loss of production, on the other side is not lost but cannot be produced, the domestic refining industry "strange situation" what hidden behind the crux? CIO Han Xiaoping of China energy network, and other industry experts pointed out that the current oil industry from the upstream crude oil and imports, to the middle reaches of the refinery, and then to the downstream oil products sales each link, petrochemical dual-males have firm control of the dominant
; In the whole industry chain, private enterprises can only be caught in order to survive. "For example, local refineries ' throat ' mode choke at the hands of monopoly of giant-big-hand release, local refineries can eat; their hands tightly, local refineries ' famine '."  Han Xiaoping said. Private enterprises are not only limited access to domestic oil and gas drilling rights or ownership of crude oil imported from abroad. According to the Secretary General of the National Federation of petroleum industry association Marlee introduced, after joining the WTO, the Ministry approved every year a certain amount of crude oil imports of non-State trading indicators, was 29.1 million tonnes this year, accounting for only about one-tenth of crude oil imports. "  Few in number, don't tell, non-State-owned crude oil imports held scheduling proof of PetroChina, Sinopec to pass through customs, but must be importing them to the refinery, owned by PetroChina, Sinopec, cannot be used for local refineries. " According to industry reports, PetroChina, Sinopec each year now unified rationing local refinery of crude oil
Only 1.79 million tons, compared with 130 million tons of oil refining, oil is almost negligible. local refinery's main source of oil is-fuel oil-fuel oil is crude oil refinery in the process of a residue of, you can extract part of oil products, but cost is much higher than the crude oil refining. "Fuel oil refinery are higher than the cost per ton of crude oil cost about $ 1300. after 2009, country by 0.1 Yuan/liter fuel oil consumption taxes increased from 0.8 Yuan/liter, only part of the tax, fuel oil 800 yen higher than per ton of crude oil."  Marlee says. In the downstream oil products wholesale retail segments, petrochemical dual male also dominated the market. " Currently there are gas stations more than 110,000 enterprises, including 50,000 private gas station. " Marlee says, "Although the total number of private gas station 46%, private petrol stations in remote areas, major cities, trunk gas stations mainly Sinopec,
In the oil, so private gas station oil volume ratio is not high. "  Fair competition and promote healthy development of the market state development and Reform Commission, recently said that, being arrested for China Telecom, China Unicom broadband access monopoly problems in the field to investigate, the news aroused great concern. many people in the oil refining industry is also expected, State-owned refinery and private refineries can form a fair and equal competition, to promote the healthy development of China's oil refining industry. "Oil industry concentration is too high, fair competition in the market has been seriously affected."  A number of Heads of local refineries, told reporters, "we can now look forward to most was to implement the State Council in May last year introduced ' new 36 ' for various investors put on an equal footing, for private capital to create a broad market space." According to some local refineries, say "new 36" requirements to create a fair competitive market environment, equal access, no single people
Set additional conditions of capital, and to propose clear "support private capital to enter the field of oil and gas exploration and development", but due to lack of implementation rules and regulatory mechanism, stand in front of local private enterprises "glass door" still has not been removed. Han Xiaoping suggested that countries should vigorously encourage private enterprises "going out", in the offshore exploitation of crude oil, and adjustment of oil import policies, appropriate relax restrictions on private enterprises imported crude oil flows, allowing local refineries in line with national industrial policy to use non-State-owned crude oil import quotas to trade. "  This is conducive to increasing domestic supply of oil products, enhance competition in the market, more conducive to protect our country's energy security. " Now, worried that it is not just local refinery oil sources. in April this year the national development and Reform Commission requirements, limit the new 10 million tons/year and vacuum distillation unit, 2013 will eliminate 2 million tons/year and below atmospheric and vacuum distillation unit. interest and according to energy statistics, most of the local refinery's total
Refining capacity in less than 2 million tons per year, nearly faced elimination on 80% of the refinery, at which time refining or concentration will be further enhanced. "Refining enterprise in part due to installations and technological backwardness, serious pollution and energy consumption not only larger, quality of oil cannot meet the national standard of quality, ability to resist risks due to single weak."  Guangdong Provincial Association of oil and gas oil Minister Yao Daming admits, "but the departments concerned should give refineries provide the right technology, environmental standards, rather than a blanket off--all small refineries are small factories are not necessarily bad, sometimes small small benefit." Yao Daming believes that refinery and petrochemical integration and large-scale production has become a Petro-chemical industry trends, it is recommended that countries promote State-owned refinery and private refineries in strengthening strategic cooperation on the whole industry chain, for the development and expansion of China's oil and gas industry of common efforts. at the same time, local governments should assist private refineries to pool resources, a unified planning, rational distribution

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