did my girlfriend cheat on me should i tell my girlfriend i cheated i cheat on my girlfriend
i had a dream that i cheated on my boyfriend maryaltmansblog.com.nobullsoftware.com cheat on boyfriend
my wife cheated on me now what do i do site i want my wife to cheat on me
your wife cheated on you myjustliving.com how do you know your wife cheated
your wife cheated on you myjustliving.com how do you know your wife cheated
how to cheat men who have affairs cheat on my wife
women who cheat on their husband go My wife cheated on me
cialis 2015 coupon manufacturer coupons for prescription drugs coupons for cialis 2016
the abortion pill cost against abortion pill abortion pill methods
lamisil pastillas lamisil pomada lamisil spray
" />
Report-页面内容-energychinaforum
SZ China Report: Full and deep view of China oil, gas & petrochemical market.
Get Free SZ’s Newsletter
sz China Refining Monthly Report-Mar’2015
[Monday, Jun. 29, 2015] PRINT EMAIL FAV PDF

 Editorial:

Review of China Refining Market in Jan. 2015

Abstract

After the lunar spring festival, China refineries run rates keep falling, which was mainly because of lower run rates at Qilu and Maoming refineries. But domestic petrol stations’ gasoline and gasoil retail margins have rebounded. With the low crude price, refineries’ future is still vague, despite they are permitted to use the import crude oil for refining.

News Spot

domestic petrol stations’ gasoline and gasoil retail margins have rebounded since China hiked the retail ceilings of both products.

China skipped the adjustment of fuel prices on Mar.13, because adjustments would be less than CNY 50/mt ($8.11/mt), the National Development and Reform Commission (NDRC) announced on Mar.12.

Crude Refining

Chinese refineries are expected to refine a combined 42.8~43.8-mil mt of crude and fuel oil in March, with the daily throughput down by 0.4% from the previous month.

Policy

China may make a breakthrough in delegating the collection of oil product consumption taxes to the sales section in 2015.

Others

Shandong is expected to import 1.70~1.80-mil mt of cutback bitumen in the first quarter of 2015, up by 1.03~1.13-mil mt or 161% year on year.


Content

China Refining Monthly Report-Mar’2015_ 1

Please see ’’www.SZEnergy.biz’’ for more detailed information about China oil, gas & petrochemical industry. 5

1.     China Refining Topic News 6

1.1       Market Overview_ 6

1.1.1         Sinopec to buy more oil products from Dongfang Petrochemical in 2015_ 6

1.1.2         Major Chinese refineries’ run rates fall to 82.62%_ 7

1.1.3         Sinopec, PetroChina to lower daily crude runs by 0.2% in March_ 7

1.1.4         Chinese refinery daily throughput expected to drop 0.4% in March_ 8

1.1.5         Oil Product retail margins rebound on higher retail ceilings 8

1.1.6         China’s commercial crude stocks build 4.23% in late January_ 9

1.1.7         China’s oil product stocks rise 6.94% in January_ 9

1.2       Market price 10

1.2.1         China to skip adjustments to fuel prices on Mar.13_ 10

1.2.2         PetroChina raises March Daqing, Jidong crude prices by 11.8%_ 10

1.2.3         PetroChina hikes February naphtha ex-refinery price by 21.8%_ 11

1.2.4         Sinopec raises February naphtha ex-refinery prices by CNY 530/mt 11

1.3       Gasoline 11

1.3.1         China’s gasoil apparent consumption grows 12.4% in January_ 11

1.3.2         China’s gasoline output falls 8.1% in February_ 11

1.4       Diesel 12

1.4.1         New standards may not improve diesel emissions in China_ 12

1.5       LPG_ 12

1.5.1         Prices fall on ample supply, bearish market outlook_ 12

1.5.2         Prices mixed this week amid uncertain outlook_ 14

1.6       Naphtha_ 16

1.6.1         China’s changing olefins industry_ 16

1.7       Kerosene 17

1.7.1         China’s kerosene output grows 19.8% in February_ 17

1.8       Others 17

1.8.1         Upward momentum resumes in China’s PP, PE markets post lunar holiday_ 17

1.9       China Oil Tank and Transportation_ 18

1.9.1         China Peace VLGC order at DSME remains “intact” 18

1.10    China Oil & Gas Projects and Units 18

1.10.1      CNOOC starts production at Qinhuangdao 32-6 oilfield in China_ 18

1.10.2      Sinopec Beihai Petrochemical to upgrade units in late 2015_ 19

1.10.3      Sinopec Jiujiang Petrochemical to start up expansion project in September 20

1.10.4      Sinopec builds commercial crude reserve base in Zhanjiang 20

1.11    Tables - China Oil Supply-Demand Overview in Jan-Feb’2015_ 21

Jan-Feb’2015 China crude runs & oil products production: 21

Feb’2015 China crude runs & oil products production: 21

1.12    Gasoline/Gas Oil Vs LPG prices in S. China & E. China over the past three months 22

Curve 1: Gasoline/Gas Oil Vs LPG prices in S. China over the past 3 months: US$/6.15/113% or /117%_ 22

Curve 2: Gasoline/Gas Oil Vs LPG prices in E. China over the past 3 months: US$/6.15/113% or /117%_ 22

2.     Major Refineries 23

2.1       Sinopec 23

2.1.1         Sinopec Maoming Petrochem to export 126,000 mt of distillates in March_ 23

2.1.2         Sinopec Zhenhai Refining & Chemical Co shuts RFCC on glitches 23

2.1.3         Sinopec Jinling Petrochemical to raise daily crude run by 6.43% in March_ 23

2.2       CNOOC_ 24

2.2.1         CNOOC and PetroChina tipped to post lower 2014 profits 24

2.3       CNPC (PetroChina) 25

2.3.1         PetroChina Changqing Petrochemical shuts FCC for turnaround_ 25

2.3.2         PetroChina to run Sichuan refinery at about 90% in March_ 25

2.4       Independent Refineries and Others 26

2.4.1         Shandong Independent Refineries 26

2.4.1.1     Shandong’s feedstock LPG demand weakens on product sales plunges 26

2.4.1.2     Shengli crude refining margins drop on lower product prices 27

2.4.1.3     Shengli crude refining margins drop on lower product prices 27

2.4.1.4     Shandong’s fuel oil imports plunge 46% in January_ 27

2.4.1.5     Shengli crude refining margins drop on higher costs 28

2.4.1.6     Shandong’s commercial crude stocks 28

2.4.1.7     Run rates at Shandong independents refineries 28

2.4.2         Guangdong Independent Refineries 29

2.4.2.1     Run rates at Guangdong minor refineries 29

2.4.3         Refinery Turnarounds 29

3.     Policy, Regulation & Law_ 30

3.1       China may delegate collection of oil product excises in 2015_ 30

4.     China Import & Export 31

4.1       Shandong’s Q1 cutback bitumen imports likely to hit record high_ 31

4.2       Sinopec Yangzi Petrochemical to export 90,000 mt of jet fuel in Mar 31

4.3       China’s March fuel oil imports expected to grow 11%_ 32

4.4       China’s crude imports drop 8.68% in February_ 33

4.5       China’s refined oil imports down 14% in February_ 33

4.6       China’s gasoil exports plunge in January_ 33

4.7       DATA: Oil Products Import & Export in China in Jan’2015_ 34

i had a dream that i cheated on my boyfriend maryaltmansblog.com.nobullsoftware.com cheat on boyfriend
your wife cheated on you myjustliving.com how do you know your wife cheated
i cheated on my boyfriend quotes ufovidmag.com i had a dream i cheated on my boyfriend
how to cheat men who have affairs cheat on my wife
vermox cijena vermox sirup cijena vermox sirup cijena
how much does an abortion pill cost what is an abortion pill abortion pill prices
how much does an abortion pill cost first trimester abortion pill abortion pill prices
lamisil crema precio lamisil crema precio lamisil
For more information, please email to: editor@szenergy.biz
SZ China Refining Monthly Free Trial
Report-内容页面-shalegaschinasummit
    
Contact SZ
5F, 417 Yuyao Rd.,
Shanghai, 200042, China
Tel: (86 21) 54383583
Email: info@szenergy.biz
ICP 07002695