China's utmost oil business in Shaanxi Province where the extension of the oil (Group) Co., Ltd. (hereinafter referred to as "the extension of the oil"), will hand in the oil assembly to build a scale of one million tons of ethylene plant with a total money of 23 billion yuan is in all prospect to be.
A long time, to continue the excavation and perfecting of oil in the locality is "one-man operations." In today's oil charges smaller, its top oil output time span is over the position with China National Petroleum Corporation will together make up the oil to continue the short-board, and its seek for new earnings development point.
Development and Reform Commission has reported
According to reporter had an exclusive comprehending of the new vegetation will be established in Yan'an City, Shaanxi Province. Shaanxi Provincial Government and China National Petroleum Corporation has marked a prescribed collaboration affirmation, the two edges have together submitted to the National Development and Reform Commission accepted the task submission articles, and perform pre-feasibility study reports.
However, the ratio of the two edges of the junction project, co-operation continues unclear.
Yan'an City, the Office of Development and Reform Commission, a person to the CBN, told reporters: "The project in charge of the province, the region will be settled in New Chemical Yang Shu." According to public information on the chemical zone will be one million tons of ethylene as a leader, the construction of nine downstream chemical projects.
In supplement to Sinopec, PetroChina and CNOOC these three centered grade, the elongation of the oil is the only business with oil and gas investigation and development of localized oil businesses trained under the Shaanxi Provincial People's Government. 2008, accomplished sales of 62.2 billion yuan, earnings 10 billion yuan, 78,000 persons are employed.
The elongation of oil in 1998 and has undergone two rounds of the 2005 reorganization of its centre assets are under the expanded assembly Oilfield Company Limited (hereinafter mentioned to as "oil share"). It has been an significant localized Shaanxi large taxpayer. In 2007, the oil area stake 1.92 billion yuan tax.
Oil portions furthermore organised to continue the oil area has been the centered rate of the acquisition objectives. A source close to the largest grade in the oil assembly notified CBN Reporter: Many years before, China National Petroleum Corporation wants to win oil area assets, but a firm stand in Shaanxi Province, so incapable to do so.
"This cooperation lengthened to free-spoken higher the downstream oil finance will benefit." Yi Trade Advisory Network analyst, said Liu Chuan-jun.
Extension of the mining area there are a hundred years of mining history. A Sinopec's management is responsible for exploration and development told reporters that such a life of oil production can no longer easy to cut is inevitable. In addition, it belongs in the Ordos Basin, has been in the oil田长庆Spodiopogon oilfield, oil field it is impossible to extend the large-scale expansion outward.
To generate higher for short-board
Mining is one of the problems there are problems, low oil prices on corporate income of crude oil production has also brought challenges.
The business has revealed, as asserted by the reorganization of the localized affirmation was to continue the exploitation of oil per 1 ton of crude oil to about 550 localized payment.
Yesterday, the worker exchanging price of crude oil is come seal 47 U.S. dollars / box with a lid (about 2240 yuan / ton) to the price, 550 yuan / ton to carry on the oil accounted for come seal one-quarter of oil revenue. Thus the smaller oil prices, the revenues of the extension of the greater pressure.
Moreover, there is no extension of the oil filling stations, its subsidiary refinery demonstration of refined oil through the oil assembly to sell couple a year to sell the wrapped higher goods from fuel oil in come seal 1.1 million tons.
The role of these factors, the extension of the operation of the oil will face big challenges, and need to find new profit growth point.
General supervisor of the contrive to continue the oil-yiu have said that in 2009 the elongation of 300 billion yuan of oil, the oil investigation and development to be 10.4 billion, most of the residual pieces will be put on the chemical industry.
With the east and south China in different ethylene-intensive layout, Shaanxi, Shanxi and Gansu in Northwest China, with the exception of the Lanzhou Petrochemical Petroleum have 600,000 tons / year ethylene plant, there is no one million tons of large-scale ethylene plant.
Whether or not the right time for ethylene demonstration, the industry also has dissimilar points of view. China Petroleum and Chemical Industry Association, any person who said that our countryside may not be too much of the ethylene endeavour sanctioned, the endeavour has been round object a lot of projects. And the Middle East also organised exercise of its low-cost demonstration expenditures to enhance ethylene demonstration, the global face of excess ethylene. - 23802
A long time, to continue the excavation and perfecting of oil in the locality is "one-man operations." In today's oil charges smaller, its top oil output time span is over the position with China National Petroleum Corporation will together make up the oil to continue the short-board, and its seek for new earnings development point.
Development and Reform Commission has reported
According to reporter had an exclusive comprehending of the new vegetation will be established in Yan'an City, Shaanxi Province. Shaanxi Provincial Government and China National Petroleum Corporation has marked a prescribed collaboration affirmation, the two edges have together submitted to the National Development and Reform Commission accepted the task submission articles, and perform pre-feasibility study reports.
However, the ratio of the two edges of the junction project, co-operation continues unclear.
Yan'an City, the Office of Development and Reform Commission, a person to the CBN, told reporters: "The project in charge of the province, the region will be settled in New Chemical Yang Shu." According to public information on the chemical zone will be one million tons of ethylene as a leader, the construction of nine downstream chemical projects.
In supplement to Sinopec, PetroChina and CNOOC these three centered grade, the elongation of the oil is the only business with oil and gas investigation and development of localized oil businesses trained under the Shaanxi Provincial People's Government. 2008, accomplished sales of 62.2 billion yuan, earnings 10 billion yuan, 78,000 persons are employed.
The elongation of oil in 1998 and has undergone two rounds of the 2005 reorganization of its centre assets are under the expanded assembly Oilfield Company Limited (hereinafter mentioned to as "oil share"). It has been an significant localized Shaanxi large taxpayer. In 2007, the oil area stake 1.92 billion yuan tax.
Oil portions furthermore organised to continue the oil area has been the centered rate of the acquisition objectives. A source close to the largest grade in the oil assembly notified CBN Reporter: Many years before, China National Petroleum Corporation wants to win oil area assets, but a firm stand in Shaanxi Province, so incapable to do so.
"This cooperation lengthened to free-spoken higher the downstream oil finance will benefit." Yi Trade Advisory Network analyst, said Liu Chuan-jun.
Extension of the mining area there are a hundred years of mining history. A Sinopec's management is responsible for exploration and development told reporters that such a life of oil production can no longer easy to cut is inevitable. In addition, it belongs in the Ordos Basin, has been in the oil田长庆Spodiopogon oilfield, oil field it is impossible to extend the large-scale expansion outward.
To generate higher for short-board
Mining is one of the problems there are problems, low oil prices on corporate income of crude oil production has also brought challenges.
The business has revealed, as asserted by the reorganization of the localized affirmation was to continue the exploitation of oil per 1 ton of crude oil to about 550 localized payment.
Yesterday, the worker exchanging price of crude oil is come seal 47 U.S. dollars / box with a lid (about 2240 yuan / ton) to the price, 550 yuan / ton to carry on the oil accounted for come seal one-quarter of oil revenue. Thus the smaller oil prices, the revenues of the extension of the greater pressure.
Moreover, there is no extension of the oil filling stations, its subsidiary refinery demonstration of refined oil through the oil assembly to sell couple a year to sell the wrapped higher goods from fuel oil in come seal 1.1 million tons.
The role of these factors, the extension of the operation of the oil will face big challenges, and need to find new profit growth point.
General supervisor of the contrive to continue the oil-yiu have said that in 2009 the elongation of 300 billion yuan of oil, the oil investigation and development to be 10.4 billion, most of the residual pieces will be put on the chemical industry.
With the east and south China in different ethylene-intensive layout, Shaanxi, Shanxi and Gansu in Northwest China, with the exception of the Lanzhou Petrochemical Petroleum have 600,000 tons / year ethylene plant, there is no one million tons of large-scale ethylene plant.
Whether or not the right time for ethylene demonstration, the industry also has dissimilar points of view. China Petroleum and Chemical Industry Association, any person who said that our countryside may not be too much of the ethylene endeavour sanctioned, the endeavour has been round object a lot of projects. And the Middle East also organised exercise of its low-cost demonstration expenditures to enhance ethylene demonstration, the global face of excess ethylene. - 23802
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