China's Fuel Oil Market Facing Several Challenges According to New Report.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reportinfo.asp?report_id=568709) has announced the addition of: China Fuel Oil Market Report, 2007 to their offering. The consumption fields of fuel oil are transportation and industry. Especially when generating power in industry a lot of fuel oil is used, taking up 1/3 that of the total demand. The chemical industry, building material and iron industry also consume a lot of fuel oil. The profit making ability of refined oil is not so optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op due to the high cost. It is estimated that in 2007, no obvious gap will be seen between the price fluctuation Fluctuation A price or interest rate change. of refined oil and that of international crude oil. The profit making ability of the industry will rise. During the Eleventh In music or music theory an eleventh is the note eleven scale degrees from the root of a chord and also the interval between the root and the eleventh. Since there are only seven degrees in a diatonic scale the eleventh degree is the same as the subdominant and the interval Five-Year Plan Five-Year Plan, Soviet economic practice of planning to augment agricultural and industrial output by designated quotas for a limited period of usually five years. period (2006-2010), the average increase of petrol petrol: see gasoline. storage in China is 900 to 1,000 million tons and that of natural gas 400 to 450 billion m3, which can ensure certain growth of oil and gas production. In the next five to ten years, with the development of China economic, the total consumption of energy will increase and so does crude oil as well as refine oil. Fuel oil companies are still faced with tremendous challenges though there are many favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. conditions. In the end of 2006, China opened the wholesale market of refined oil to foreign companies to fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. the commitment made by China when entering WTO See World Trade Organization. . This is a milestone which marks the full open of China petroleum and petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. industry. During the Eleventh Five-Year Plan period, there will have diversified diversified (di·verˑ·s investors in China petroleum and petrochemical market. The competition pattern will gradually come into being. When foreign investments enter in large scale, China petroleum and petrochemical industry will confront with serious challenges. In addition, the government and the public are now concerned more than ever about the environment, accordingly higher requirements were given on environment protection. The use of energy-saving oil and renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. , the transit of clean natural gas from the west to east, the production of LNG LNG (liquefied natural gas): see under natural gas. project and the appearance of much more possible replacements in the future may quite probably decrease the consumption and imports of fuel oil. It is estimated that in 2007 demands for fuel oil may drop to 37 million tons. Considering the consistent improvement of domestic processing ability, the imports of fuel oil may drop to 20 million or so. All the above mentioned factors will bring a lot of changes in China petroleum and petrochemical market and at the same time challenge China petroleum and petrochemical market as well. 1 General introduction to fuel oil 1.1.Definition of fuel oil 1.2.Classification of fuel oil 1.3 Application of fuel oil 1.4 Standard of fuel oil 2 Demand and supply of fuel oil in global market 2.1 Demand 2.2 Supply 3 Demand and supply of fuel oil in domestic market 3.1 Overview of demand and supply of fuel oil in domestic market 3.2 Consumption of fuel oil and light oil in China 4 Imports of fuel oil to China 4.1 Imports of fuel oil by year 4.2 Imports of fuel oil by custom 4.3 Imports of fuel oil by source country 5 Procession pro·ces·sion n. 1. The act of moving along or forward; progression. 2. Origination; emanation; rise. 3. a. A group of persons, vehicles, or objects moving along in an orderly, formal manner. and trade of fuel oil in China 5.1 Procession of fuel oil 5.2 Trade of fuel oil 6 Demand and supply of Bunker bunk, bunker large storage bin. bunk forage forage, usually ensilage stored in a large storage bunk and made available to cattle or other livestock along a face of the storage. C in China (by region) 6.1 South China 6.2 East China 6.3 North China 6.4 Northeast China Northeast China (Simplified Chinese: 中国东北; Traditional Chinese: 中國東北; Pinyin: 6.5 Central, Southwest and Northwest China 7 Prices of fuel oil in major domestic markets 7.1 Prices of fuel oil in China 7.2 Price trend of fuel oil in 2007 8 Demand and supply of crude oil in China 8.1 Demand and supply of crude oil in China 8.2 Forecast of demand on petrol in China 9 Refineries under building or in proposal in China 9.1 Sinochem plan to build refinery 9.2 China and Russia invest RMB RMB Right Mouse Button RMB Regional Management Board (USACE) RMB Rolf Maier Bode (musician, band) RMB Ren Min Bi (currency of People's Republic of China) two billion to build refinery on the boarder 9.3 Rosneft (Russia) and Petrol China plan to build refinery in China 9.4 Petrol China invest RMB 180 billion to build refinery 9.5 Petrol China's Xinjiang dushanzi refinery project 10 Storage equipment of fuel oil in China 10.1 Tank terminal in port under operation 10.1.1 Profile of oil tank companies 10.1.2 Oil storage of China Gas subsidiaries 10.2 Tank terminal not for business 10.2.1 Oil storage of Sinopec subsidiaries 10.2.2 Oil storage of Sinochem subsidiaries 10.2.3 Four new companies to supply bonded oil 10.2.4 Branches of Zhonghai Gas Supply,Sinopec 10.2.5 Location of fuel oil future delivery bases in China Selected Charts Products chain of petrol Discovered storage location in the world Crude oil procession location in the world Demand on petrol in the world Consumption of petrol in the world Growth of petrol consumption in the world, 2000-2007 Fuel oil in China, 1995-2007 Annual consumption of fuel oil and forecast in China, 1996-2015 Domestic consumption of fuel oil by industry Domestic consumption of fuel oil by province Domestic consumption of light oil and forecast, 1998-2015 Imports of fuel oil in China, 1995-2006 Statistics of fuel oil by custom, 2006 Production of fuel oil in China by region, 2006 Production capacity shares in China by region, 2006 Top ten provinces producing fuel oil in China, 2006 Producers of fuel oil in China, 2001-2006 Companies manage import of fuel oil in China Top ten import and export of fuel oil in China, 2003-2006 Demand and supply of Bunker C in South China Demand and supply of Bunker C in East China Demand and supply of Bunker C in North China Demand and supply of Bunker C in Northwest China Demand and supply of Bunker C in Central, Southwest, and Northwest China Price of fuel oil future in Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. , Huangpu and Singapore Sales of fuel oil in China, 1994-2006 Imports and the domestic production of crude oil, 1994-2006 Imports and the domestic production of crude oil, 1995-2009 Tank companies in port Profiles of tank companies by port Fuel oil base designated by Shanghai Future Exchange For more information visit: http://www.researchandmarkets.com/reportinfo.asp?report_id=568709 |
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