China's largest oil company 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 group to build a scale of one million tons of ethylene plant with a total investment of 23 billion yuan is expected to be.
A prolonged time, to carry on the mining and refining of oil in the paddock is "one-man operations." In today's oil prices smaller, its apex oil demonstration time span is through the circumstances with China National Petroleum Corporation will jointly generate higher the oil to carry on the short-board, and its track down for novel profit growth point.
Development and Reform Commission has reported
According to writer had an sole grasp of the novel plant will be positioned in Yan'an City, Shaanxi Province. Shaanxi Provincial Government and China National Petroleum Corporation has signalled a formal cooperation harmony, the couple sides have jointly yielded to the National Development and Reform Commission sanctioned the endeavour submission records, and conduct pre-feasibility examine reports.
However, the ratio of the two sides of the joint venture, co-operation remains unclear.
Yan'an City, the Office of Development and Reform Commission, a individual to the CBN, notified reporters: "The task in ascribe of the province, the district will be resolved in New Chemical Yang Shu." According to public data on the chemical zone will be one million tons of ethylene as a foremost, the building 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 extension of oil in 1998 and has undergone couple disks of the 2005 reorganization of its core supplies are below the lengthened assembly Oilfield Company Limited (hereinafter referred to as "oil share"). It has been an noteworthy provincial Shaanxi many taxpayer. In 2007, the oil field stake 1.92 billion yuan tax.
Oil portions also treated to carry on the oil field has been the inside rate of the acquisition objectives. A lineage close to the highest crosswise in the oil assembly conveyed CBN Reporter: Many years ago, China National Petroleum Corporation hopes to win oil field supplies, but a stringent stand in Shaanxi Province, so unable to do so.
"This collaboration expanded to open up the downstream oil enterprise will benefit." Yi Trade Advisory Network analyst, said Liu Chuan-jun.
Extension of the mining paddock there are a hundred years of mining history. A Sinopec's authorities is responsible for exploration and expansion conveyed writers that such a life of oil demonstration can no longer straightforward to cut is inevitable. In supplement, it belongs in the Ordos Basin, has been in the oil田长庆Spodiopogon oilfield, oil field it is despairing to carry on the very many deductions 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 company has disclosed, according to the reorganization of the local agreement was to extend the exploitation of oil per 1 ton of crude oil to about 550 local payment.
Yesterday, the domestic selling price of crude oil is about 47 U.S. dollars / barrel (about 2240 yuan / ton) to the price, 550 yuan / ton to extend the oil accounted for about one-quarter of oil revenue. Thus the lower oil prices, the revenues of the extension of the greater pressure.
Moreover, there is no elongation of the oil loading positions, its subsidiary refinery output of perfected oil through the oil assembly to deal two a year to deal the completed goods from fuel oil in about 1.1 million tons.
The function of these components, the elongation of the procedure of the oil will face large-scale trials, and need to find new earnings development point.
General overseer of the plot to carry on the oil-yiu have said that in 2009 the extension of 300 billion yuan of oil, the oil exploration and expansion to be 10.4 billion, bulk of the remaining portions will be placed on the chemical industry.
With the east and south China in distinct ethylene-intensive layout, Shaanxi, Shanxi and Gansu in Northwest China, with the exclusion of the Lanzhou Petrochemical Petroleum have 600,000 tons / year ethylene vegetation, there is no one million tons of large-scale ethylene plant.
Whether or not the right time for ethylene output, the commerce furthermore has distinct points of view. China Petroleum and Chemical Industry Association, who said that our homeland may not be too much of the ethylene task accepted, the task has been round many of projects. And the Middle East furthermore made use of its bargain output charges to boost ethylene output, the international face of surplus ethylene. - 20767
A prolonged time, to carry on the mining and refining of oil in the paddock is "one-man operations." In today's oil prices smaller, its apex oil demonstration time span is through the circumstances with China National Petroleum Corporation will jointly generate higher the oil to carry on the short-board, and its track down for novel profit growth point.
Development and Reform Commission has reported
According to writer had an sole grasp of the novel plant will be positioned in Yan'an City, Shaanxi Province. Shaanxi Provincial Government and China National Petroleum Corporation has signalled a formal cooperation harmony, the couple sides have jointly yielded to the National Development and Reform Commission sanctioned the endeavour submission records, and conduct pre-feasibility examine reports.
However, the ratio of the two sides of the joint venture, co-operation remains unclear.
Yan'an City, the Office of Development and Reform Commission, a individual to the CBN, notified reporters: "The task in ascribe of the province, the district will be resolved in New Chemical Yang Shu." According to public data on the chemical zone will be one million tons of ethylene as a foremost, the building 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 extension of oil in 1998 and has undergone couple disks of the 2005 reorganization of its core supplies are below the lengthened assembly Oilfield Company Limited (hereinafter referred to as "oil share"). It has been an noteworthy provincial Shaanxi many taxpayer. In 2007, the oil field stake 1.92 billion yuan tax.
Oil portions also treated to carry on the oil field has been the inside rate of the acquisition objectives. A lineage close to the highest crosswise in the oil assembly conveyed CBN Reporter: Many years ago, China National Petroleum Corporation hopes to win oil field supplies, but a stringent stand in Shaanxi Province, so unable to do so.
"This collaboration expanded to open up the downstream oil enterprise will benefit." Yi Trade Advisory Network analyst, said Liu Chuan-jun.
Extension of the mining paddock there are a hundred years of mining history. A Sinopec's authorities is responsible for exploration and expansion conveyed writers that such a life of oil demonstration can no longer straightforward to cut is inevitable. In supplement, it belongs in the Ordos Basin, has been in the oil田长庆Spodiopogon oilfield, oil field it is despairing to carry on the very many deductions 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 company has disclosed, according to the reorganization of the local agreement was to extend the exploitation of oil per 1 ton of crude oil to about 550 local payment.
Yesterday, the domestic selling price of crude oil is about 47 U.S. dollars / barrel (about 2240 yuan / ton) to the price, 550 yuan / ton to extend the oil accounted for about one-quarter of oil revenue. Thus the lower oil prices, the revenues of the extension of the greater pressure.
Moreover, there is no elongation of the oil loading positions, its subsidiary refinery output of perfected oil through the oil assembly to deal two a year to deal the completed goods from fuel oil in about 1.1 million tons.
The function of these components, the elongation of the procedure of the oil will face large-scale trials, and need to find new earnings development point.
General overseer of the plot to carry on the oil-yiu have said that in 2009 the extension of 300 billion yuan of oil, the oil exploration and expansion to be 10.4 billion, bulk of the remaining portions will be placed on the chemical industry.
With the east and south China in distinct ethylene-intensive layout, Shaanxi, Shanxi and Gansu in Northwest China, with the exclusion of the Lanzhou Petrochemical Petroleum have 600,000 tons / year ethylene vegetation, there is no one million tons of large-scale ethylene plant.
Whether or not the right time for ethylene output, the commerce furthermore has distinct points of view. China Petroleum and Chemical Industry Association, who said that our homeland may not be too much of the ethylene task accepted, the task has been round many of projects. And the Middle East furthermore made use of its bargain output charges to boost ethylene output, the international face of surplus ethylene. - 20767
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