Petrochina Will Produce 168 Thousand Tons Of Diesel Fuel Per Day In November.

In view of the current situation of diesel oil shortage in many parts of the country, PetroChina The group said yesterday in its official website. International oil price The 6 factors leading to the reduction of production led to the tight supply of diesel fuel. At present, CNPC has issued urgent notice. Diesel shortage In November, it will produce 168 thousand tons of diesel oil per day, an average increase of 10 thousand tons over October.

Alleged loss of production

For the reasons leading to the oil shortage, in addition to the analysis of the three factors, such as "sluice restriction", the strong demand for diesel oil in winter and the reduction of resource supply in refinery in 8 and September, PetroChina also said that private capital speculation also aggravated the demand for diesel fuel supply. In addition, in addition to refined oil will also produce light chemical oil in the refining process, its price rise has also led to the reduction of diesel production enthusiasm. As the international oil price continues to rise, the loss and reduction of refinery refinery production is the primary factor leading to tight diesel oil.

For a "local refinery due to the loss of production led to the shortage of diesel oil," the market participants who do not want to be named think it is an excuse for oil companies. He said that at present, the wholesale price of diesel continues to rise, and refining refining is profitable. Under tight resources, it will only stimulate production rather than reduce production.

300 thousand tonnes of diesel increased in November

PetroChina announced that the daily processing capacity of crude oil refineries will remain 400 thousand tons, and the daily processing capacity of the crude oil is the highest in history. Under this processing volume, the volume of diesel produced in mid 11 will increase by 10 thousand tons per day compared to October, reaching 168 thousand tons per day. Correspondents calculate that this is equivalent to 11 tons of diesel oil produced in mid October, up to 5 million 40 thousand tons, representing an increase of 300 thousand tons of diesel oil in October. PetroChina said that the company would provide maximum resources for the market and ensure that diesel in China's oil region keeps running.

For this increase plan, analysts at the trade information analysis show that the processing capacity of 400 thousand tons of crude oil has indeed been the highest in history, but it is difficult to judge how much it will ease the resource shortage. Earlier, there was a view that the oil shortage may be triggered by the price of two major oil companies, but analysts believe that as a central enterprise, the protection of supply is a major task, in this special period, oil companies should not dare to "show".

Relevant data

Crude oil imports plunge in October

10 customs data showed that in October 2010, China imported 16 million 390 thousand tons of crude oil, a sharp drop of 30% in the month to year ratio, plunged to the lowest point in the year.

In the past few months, domestic crude oil imports have been at a high level. Crude oil imports amounted to 23 million 290 thousand tons in September. An increase of 35.4% over the same period last year, a record high.

In this regard, many people in the industry think the data are abnormal. According to the analysis of Yi trade information, China's monthly crude oil imports amounted to about 19 million 760 thousand tons in the first 10 months of this year, and imports in October were significantly below the normal level. A market body told reporters: "it is difficult to explain that the domestic crude oil processing volume is still at a high level, even if there is refinery maintenance, there will be no such low data." He believes that the current crude oil prices are expected to continue to bullish, and domestic diesel is facing a shortage of oil imports in November is expected to rebound again.