married men who cheat read here my wife cheated
looking for affair read here women want men
open married cheat why men cheat
married cheat i dreamed my husband cheated on me what makes women cheat
married cheat women cheat on their husbands what makes women cheat
dating for married people unfaithful spouse reasons women cheat on their husbands
i had a dream that i cheated on my boyfriend cheat on boyfriend
my wife cheated on me now what do i do i want my wife to cheat on me
your wife cheated on you how do you know your wife cheated
how do i know if my girlfriend cheated on me how do you get a girlfriend
women who cheat on their husband go My wife cheated on me
coupon for prescription click coupons for medication
abortion pill is murder in clinic abortion pill abortion pill is murder
cialis 20mg cialis cialis cvs coupon
naltrexone for sale low dose naltrexone cost
" />
SZ China Report: Full and deep view of China oil, gas & petrochemical market.
Get Free SZ’s Newsletter
SZ China Natural Gas Bi-weekly Report Dec 16-31,2011
[Friday, Jan. 6, 2012] PRINT EMAIL FAV PDF
Top SZ Oil, Gas & Petrochemical Stories of 2011
It’s the end of year again, time to look back on what we’ve learned and oversimplify into a handy list. Here is SZ take on big stories in China Oil, Gas & Petrochemical this year:
1. China Government passed the 12th Five-Year Plan for Energy:
*China is estimated to consumption 230-260-bil cu m natural gas in 2015.And China natural gas domestic supply will reach 170-bil cu m, import part will reach 90-bil cu m. CBM production will reach 20-bil cu m in 2015.Coal-To-Gas production will reach 30-bil cu m in 2015.Shale gas will complete the basic resource potential survey and evaluation, exploring shale gas geological reserves of 1 trillion cu m, recoverable reserves of 200-bil cu m, production reach 6.5-bil cu m annual.
* In 2015, new oil refining project should control in 10-mil mt/year or more. More quickly eliminate under small oil refining enterprise which production under 2-mil mt/year, prevent asphalt, heavy oil processing and so on name new small oil refining project. Crude oil processing capacity control in 650-mil mt/year, product oil output reached 300-mil mt. The national ethylene production capacity is 26-mil mt/year or so, about 70% by the rate of self-reliance. Propylene capacity is 22-mil mt/year, about 75% by the rate of self-reliance.
*China aims to construction 20-mil mt refining production base in 2015.The average size of refineries will be more than 6-mil mt/year.
* China estimated that hydro, nuclear, wind and other renewable energy’s development can achieved 250-mil kw, 39-mil kw and 110-mil kw or so.
* China natural gas accounts for proportion of energy will be raised by 4.4%,hydropower and nuclear power will raised by 1.5%, wind power, solar, biomass energy and other new energy will raised by 1.8%.
* China Aims to cut the amount of energy and carbon dioxide emissions needed for every unit of economic output by 16% and 17%, respectively, over the five years to 2012.This is consistent with China’s long-term plan to cut carbon intensity by 40 percent to 45 percent by 2020,relative to 2005 levels.
2. China sets oil, gas resource tax rate at 5 percent of sales
China levy a resource tax on crude oil and natural gas products at 5 percent of sales nationwide starting on Oct 31.The ministry also released specific resource tax rates on a variety of other commodities, including iron ore, coking coal and rare earth ore, for which the tax will remain based on sales volumes.
The tax policy change came after the State Council, or China’s Cabinet, announced earlier on Oct that resource taxes on domestic sales of crude oil and natural gas would be extended from a few of China’s regions to the entire nation starting from Nov 1.
3. Penglai Oil Spills-CNOOC & ConocoPhillips
In June 2011, ConocoPhillips China experienced two unrelated releases of fluids from the Peng Lai B and C platform areas, where initial estimates indicate approximately 700 barrels (115 cu m) of oil were released into the sea and 2,600 barrels (416.45 cu m) of mineral oil-based mud (MOBM) were released onto the seabed.
ConocoPhillips takes responsibility for its actions in regards to the accidents and has responded with urgency and expert resources. Throughout the response, ConocoPhillips, with the supervision of CNOOC, quickly took steps to identify problems and mitigate the impact. We have brought in experts from around the globe to assist in the safe implementation of the response efforts, which included deploying specialized, advanced equipment and technology.
4. CNPC, Sinopec and CNOOC Change the Chairman
The Board of Directors of CNOOC Limited announced on Apr 15 that, Mr. Fu Chengyu has resigned as Chairman of the Board and non-executive director of the Company. Mr. Wang Yilin has been appointed as new Chairman of the Board and non-executive director of the Company.
The Chinese government has named China National Petroleum Corporation (CNPC) general manager Jiang Jiemin as chairman of the state-owned oil and gas giant in a newly-established post on Nov 7.
5. China-Russia Gas Deal More Complicate
Russia and China didn’t sign a long-awaited contract in the Oct when Putin’s China trip in Oct.
In Nov, Russia’s position in long-standing gas negotiations with China was delivered a new blow when China signed an agreement with Turkmenistan to increase natural gas supplies from the Central Asian country.
For Russia and Gazprom, the deal has plusses and minuses.With the new volumes supplied from Turkmenistan, a concern arises as to whether China’s demand will be able to accommodate an additional 68bn cm from Russia (or even the 30bn cm planned for the first phase), according to China’s earlier agreements with Gazprom.
6. China’s 2nd west-east gas pipeline can start operation at June end
The trunk line of China’s second West-East natural gas pipeline project will be ready to start operating at the end of June. And eight sub-lines are scheduled to be completed by June of next year.
After completion, the 142.2-billion-yuan (21.88 billion U.S. dollars) pipeline project will carry 30-bil cu m of natural gas annually from central Asia and northwest Xinjiang Uygur Autonomous Region to the Yangtze and Pearl River deltas.
The project traverses 15 provincial regions and is set to bring clean energy to more than 400 million Chinese people.
7. China Auctions First Shale-Gas Blocks to Domestic Companies
China offered it’s first four shale- gas blocks to domestic developers in an auction. Companies including PetroChina Co., China Petroleum & Chemical Corp., Cnooc Ltd., Shaanxi Yanchang Petroleum Group Co., China United Coalbed Methane Co. and Henan Provincial Coal Seam Gas Development and Utilization Co. placed bids for the blocks in Guizhou and Chongqing, in the southwest of China.
Sinopec and Henan CBM win China’s first shale gas tender. Both blocks are in the Chongqing area. The contracts will be signed shortly. Sinopec won the Nanchuan block and Henan Provincial Coal Gas Development and Utilisation Co was awarded the Xiushan block, said the official. Both blocks cover an area of around 2000km2.
China may hold a second and possibly a third auction of shale-gas blocks later. And China is reporting discoveries of major shale gas reserves in its western Sichuan region, a development that could drastically boost its domestic supplies of natural gas and temper demand for imports.
8. China reforms jet fuel pricing; precursor to motor fuels
China adjust jet fuel prices once a month from August in an attempt to link domestic rates with those prevailing globally, adding pressure on the Asian market as the new mechanism boosts margins and encourages refiners to ramp up output.
If the plan works, the change may be a precursor for policymakers in Beijing to reform the mechanism for key transportation fuels - gasoline and diesel. Emerging economies from China, India to Indonesia spend billions of dollars in fuel subsidies and are often blamed for the surge in oil prices as insulated consumers don’t feel the pressure to curb usage.
9. Frequent Accident For China oil & gas industry
On Jan 19, Blast hit PetroChina Fushun and it closed the oldest refinery unit in Mar.
On Jul 11, CNOOC Huizhou Refinery hit by fire. The blast occurred at 4:30 am. This occurred around the same time as the 2011 Bohai bay oil spill.
Petrochina’s Dalian refinery hit by fire third times. A fire broke out at a diesel tank at PetroChina’s Dalian refinery on Aug 29 mornings, the second fire to hit the major oil plant in less than two months. The diesel tank storing about 800 mt of fuel ignited at about 10 am (0200 GMT).And in Nov 23, two large oil tanks caught fire in the northeastern Chinese port city of Dalian. This is the third fire involving oil terminals in Dalian in the space of the past 18 months.


Free Trial Application for
SZ China Natural Gas Annual Report 2011
For subscription details , please contact s | z office in shanghai below.
Tel: 86 21 54383583 Fax: 86 21 64607630
SZ Energy Intelligence Co., Ltd
Add: 51-401, Lane 100, Wanding Road, Shanghai, 201100, P.R.China
Tel: 86 21 54383583 Fax: 86 2164607630
link click catching a cheater
how many men have affairs wifes who cheat affair dating sites
what makes people cheat when your husband cheats why do women cheat
looking for affair how to cheat on my husband women want men
open women love to cheat why men cheat
open married cheat why men cheat
love affairs with married men my wife emotionally cheated on me cheat wife
married cheat i dreamed my husband cheated on me what makes women cheat
reasons women cheat how many men have affairs click
i had a dream that i cheated on my boyfriend cheat on boyfriend
how do i know if my girlfriend cheated on me how do you get a girlfriend
the abortion pill cost against abortion pill abortion pill methods
duphaston tablete duphaston 10 mg duphaston cijena bez recepta
vermox cijena vermox suspenzija vermox sirup cijena
free cialis coupons transfer prescription coupon cialis coupons printable
abortion pill abortion pills cost abortions cost
side effects of abortion pill how do abortion pill work the cost of abortion
For more information, please email to:
SZ China Gas Bi-Weekly Free Trial
Contact SZ
5F, 417 Yuyao Rd.,
Shanghai, 200042, China
Tel: (86 21) 54383583
ICP 07002695