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Oil and gas development blue book: crude rising external dependency

Oil and gas development blue book: crude rising external dependency

  • Categories:Industry News
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  • Time of issue:2020-03-31 14:57
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Oil and gas development blue book: crude rising external dependency

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information

Affected by domestic production and imports increased double, in 2016 China's crude oil rose to 65.4%, external dependency ratio increased by 4.6% in 2015.

This is reporter on March 21, in the analysis and prospect of China's oil and gas industry development report 2017 blue book to learn at a news conference. The "blue book" by the association of Chinese oil companies, China's oil and gas industry development research center of the joint compilation.

It is understood that in 2016 China's apparent consumption of crude oil for the whole year 577.8 million tons, up 5.6%; Crude oil output of 199.7 million tons, fell 6.9% year on year, as the first decline since 2012; Crude oil imports 381 million tons, up 13.6% from a year earlier.

The gasoline, kerosene, diesel oil output of 323.7 million tons, up 7.8% from a year earlier. The gasoline rose 3.5% year-on-year, growth fell 6.7% year-on-year. Kerosene year-on-year growth of 9.2%, growth fell 8.8% year-on-year. Gasoline, kerosene growth are falling, but because of passenger car ownership and civil aviation transportation to maintain relatively stable growth, the overall is still keep rising. On the contrary, in 2016 the national diesel yield is 179.2 million tons, fell 1.3% year on year. Diesel apparent consumption fell 5.8% year on year, this is Chinese diesel consumption fell for the first time since 2001, mainly the domestic economic slowdown, traditional industrial operation, poor diesel downstream market due to weak demand.

Natural gas is a bright spot in the oil industry development in our country in 2016. 2016 national gas apparent consumption of 224 billion cubic meters, up 9.3% from a year earlier, the growth rate increased by 3.8% year-on-year. Natural gas imports rose 22%, year-on-year growth increased by 17.8%. Gas storage by the end of 2016, China built the total workload of more than 6 billion cubic meters, more than in 2015, 500 million cubic meters; Oil and gas pipeline total mileage of 116400 kilometers have been completed, refined petroleum products pipeline 25500 km, has basically formed unicom overseas, covering the whole country and across the thing, the north-south, regional network backbone networks closely follow up the oil and gas.

The blue book points out, "twelfth five-year" period, Chinese oil companies overseas oil and gas production at an average annual 15 million tons scale rapid ascension. By the end of 2016, with China petroleum, China petrochemical, China's cnooc give priority to the Chinese oil company has more than 50 countries have more than 200 overseas investment projects of oil and gas.

China's oil enterprises association executive vice President of qing-zhe jiang said: "in 2017, China's oil consumption will slow growth, may further expand external dependency; refining capacity will return to growth, overcapacity situation is more serious; the excess supply of refined oil products, big into a situation that may occur; the comprehensive and thorough going efforts to promote the oil and gas industry marketization reform, the supply side structural reform is still the focus of policy adjustment."

"Blue book" predicted that global energy development in the next five years will enter a new transformation, energy consumption growth is slowing, diversified energy consumption and clean degree enhances unceasingly. As China's economic transformation and upgrading, energy intensive industries into the plateau, is expected in 2020, China's total energy consumption is about 4.6 billion tons of standard coal. An energy proportion of coal fell to 58.2%, the proportion of natural gas rose to 8.9%, the proportion of non-fossil energy to 15%.

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