Table of Contents
1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 8
2
Introduction 9
2.1 What is This Report About? 9
2.2 How to Use This
Report? 9
2.3 Market Definition 9
3 China Refining Industry 10
3.1
China Refining Industry, Overview 10
3.1.1 China Refining Industry, Key
Data 10
3.1.2 China Refining Industry, Total Refining Capacity 11
3.2
China Refining Industry, Unit Capacities 13
3.2.1 Refining Industry in
China, Crude Distillation Unit Capacity 13
3.2.2 Refining Industry in
China, Coking Capacity 16
3.2.3 Refining Industry in China, Fuel Catalytic
Cracking Capacity 17
3.2.4 Refining Industry in China, Hydrocracking
Capacity 19
4 China Petroleum & Chemical Corporation 20
4.1 China
Petroleum & Chemical Corporation, Key Information 20
4.2 China Petroleum &
Chemical Corporation, Company Overview 20
4.3 China Petroleum & Chemical
Corporation, Business Description 20
4.3.1 China Petroleum & Chemical
Corporation, Business Description, Business Overview 20
4.3.2 China
Petroleum & Chemical Corporation, Business Description, Chemicals 21
4.3.3
China Petroleum & Chemical Corporation, Business Description, Exploration and
Production 22
4.3.4 China Petroleum & Chemical Corporation, Business
Description, Marketing and Distribution 23
4.3.5 China Petroleum &
Chemical Corporation, Business Description, Refining 24
4.4 China
Petroleum & Chemical Corporation, Value Chain Analysis 26
4.4.1 China
Petroleum & Chemical Corporation, Value Chain Analysis, Upstream 26
4.4.2
China Petroleum & Chemical Corporation, Value Chain Analysis, Midstream 27
4.4.3 China Petroleum & Chemical Corporation, Value Chain Analysis, Downstream
27
4.4.4 China Petroleum & Chemical Corporation, Value Chain Analysis,
Retail 28
4.5 China Petroleum & Chemical Corporation, SWOT Analysis 29
4.5.1 China Petroleum & Chemical Corporation, SWOT Analysis, Overview 29
4.5.2 China Petroleum & Chemical Corporation, SWOT Analysis, Strengths 30
4.5.3 China Petroleum & Chemical Corporation, SWOT Analysis, Weaknesses 30
4.5.4 China Petroleum & Chemical Corporation, SWOT Analysis, Opportunities
31
4.5.5 China Petroleum & Chemical Corporation, SWOT Analysis, Threats
32
4.6 China Petroleum & Chemical Corporation, Revenue Analysis 33
4.6.1 China Petroleum & Chemical Corporation, Revenue by Segment 33
4.7
China Petroleum & Chemical Corporation, Financial and Operational Review
35
4.8 China Petroleum & Chemical Corporation, Key Industry Specific
Ratios 37
5 PetroChina Company Limited 38
5.1 PetroChina Company
Limited, Key Information 38
5.2 PetroChina Company Limited, Company
Overview 38
5.3 PetroChina Company Limited, Business Description 38
5.3.1 PetroChina Company Limited, Business Overview 38
5.3.2 PetroChina
Company Limited, Chemicals and Marketing 39
5.3.3 PetroChina Company
Limited, Exploration and Production 39
5.3.4 PetroChina Company Limited,
Natural Gas and Pipeline 41
5.3.5 PetroChina Company Limited, Refining and
Marketing 42
5.4 PetroChina Company Limited, Value Chain Analysis 43
5.4.1 PetroChina Company Limited, Upstream 43
5.4.2 PetroChina Company
Limited, Midstream 44
5.4.3 PetroChina Company Limited, Downstream Sector
Analysis 44
5.4.4 PetroChina Company Limited, Retail 44
5.5 PetroChina
Company Limited, SWOT Analysis 45
5.5.1 PetroChina Company Limited, SWOT
Analysis, Overview 45
5.5.2 PetroChina Company Limited, Strengths 45
5.5.3 PetroChina Company Limited, Weaknesses 46
5.5.4 PetroChina Company
Limited, Opportunities 46
5.5.5 PetroChina Company Limited, Threats 47
5.6 PetroChina Company Limited, Revenue Analysis 47
5.6.1 PetroChina
Company Limited, Revenue by Segment 48
5.6.2 PetroChina Company Limited,
Revenue by Geography 48
5.7 PetroChina Company Limited, Financial and
Operational Review 49
5.8 PetroChina Company Limited, Key Industry
Specific Ratios 51
6 China Refining Industry, Deals Landscape 52
6.1
Acquisition 52
6.1.1 China National Petroleum Acquires China National
United Oil From Petrochina 52
6.2 Debt Offerings 53
6.2.1 Sinopec
Raises $1497.5 Million Zero Coupon Convertible Bonds 53
6.2.2 Petrochina
Files For Bond Offering Of $8,700 Million 55
6.3 Partnership 56
6.3.1
Shell Partners With Arrow Energy 56
6.3.2 PetroChina Forms Joint Venture
With PDVSA 57
6.3.3 CNPC Forms Joint Venture With Rosneft 59
6.3.4
Sinopec, Fujian Province, Exxonmobil And Saudi Aramco Enter Into Joint Venture
60
6.3.5 Sinopec, Exxonmobil And Saudi Aramco Enter Fujian Fuels Marketing
Joint Venture 62
6.3.6 Rosneft Forms A Joint Venture With Sinopec 64
6.3.7 Advanced Holdings Partners With Axens 65
6.3.8 Shell Overseas Forms
Strategic Alliance With China Petroleum and Chemical 66
6.3.9 Qatar And
Shell Signs Letter Of Intent To Form Joint Venture With PetroChina 67
6.3.10 Sinopec Enter Into Partnership With Kuwait Petroleum 69
7 China
Refining Industry, Recent Developments 71
7.1 Strategy and Business
Expansion 71
7.1.1 Jun 23, 2008: QPI, PetroChina And Shell Sign LoI For
Refinery And Petrochemical Manufacturing And Marketing In China 71
7.1.2
Jun 16, 2008: Petrobras Announces Downstream Investments In Maranhao 71
7.1.3 Jun 11, 2008: PetroChina To Double Capacity Of Its Dalian Refinery
71
7.1.4 Jun 05, 2008: PetroChina To Pause RMB20.7 Billion Worth Projects
72
7.1.5 May 23, 2008: Sinopec Maoming Begins Constructing CNY680 Million
Processing Unit 72
7.1.6 May 06, 2008: PetroChina Wins State Approval To
Construct Oil Refinery 72
7.1.7 May 05, 2008: Sinopec To Boost Capacity At
Zhenhai Refinery By 15% 72
7.1.8 Apr 24, 2008: KPC To Raise Crude Oil
Exports To China, Invest In Sinochem Plant 73
7.1.9 Apr 04, 2008: CNPC To
Construct Refinery In Syria 73
7.1.10 Apr 02, 2008: Sinopec Applies With
NDRC To Construct Oil And Chemicals Complex In Zhejiang 74
7.1.11 Apr
02, 2008: Shell To Join Rosneft' s JV With CNPC 74
7.1.12 Mar 05, 2008:
CNPC To Start Construction Of Five-Million t/y Refinery 74
7.1.13 Mar 03,
2008: PetroChina To Build A Refinery In Singapore 74
7.1.14 Mar 03, 2008:
PetroChina To Construct Refinery In China 75
7.1.15 Jan 21, 2008: CNPC To
Enlarge Refineries For Growth 75
7.2 Drilling and Production Updates
75
7.2.1 Jun 02, 2008: India To Emerge As Global Petroleum Refining Hub
75
7.2.2 Apr 25, 2008: PetroChina To Expand Huabei Refinery 76
7.2.3
Jan 07, 2008: Sinopec To Increase Capacity At Wuhan Refinery 76
7.3
Financial Announcements 76
7.3.1 Aug 27, 2008: PetroChina Declares Interim
Dividend 76
7.3.2 Aug 27, 2008: PetroChina Reports 1H 2008 Results 76
7.3.3 Aug 24, 2008: Sinopec Declares 1H 2008 Results 78
7.3.4 Apr 28,
2008: Sinopec Declares Q1 2008 Results 79
7.3.5 Apr 28, 2008: PetroChina
Declares Q1 2008 Results 80
7.3.6 Apr 07, 2008: Sinopec Declares 2007
Results 81
7.3.7 Mar 19, 2008: PetroChina Reports 2007 Results 83
7.3.8 Oct 30, 2007: Sinopec Declares Nine months 2007 Results 83
7.4 Other
Significant Developments 84
7.4.1 Aug 14, 2008: CNPC Commences Operations
At New Hydrocracking Unit At Its Dalian Refining Base 84
7.4.2 Aug 14,
2008: PetroChina Starts Constructing Oil Shale Refinery In Heilongjiang
Province, China 84
7.4.3 Aug 01, 2008: CNPC To Advance Pengzhou Refining
Project 84
7.4.4 Jul 28, 2008: PetroChina Dalian Refinery Starts
Processing High-sulfer Crude 85
7.4.5 Jul 16, 2008: PetroChina Completes
Test Run Of Processing Venezuelan Oil 85
7.4.6 Jun 26, 2008: Sinopec
Completes First Phase Of Wuhan Refinery 85
7.4.7 Jun 20, 2008: Sinopec
Begins Expansion Of Its Zhenhai Refinery 86
7.4.8 Jun 17, 2008: Sinopec
Begins Operations At CNY12.5 Billion Qingdao Oil Refinery 86
7.4.9 Jun 03,
2008: CNPC To Invest $5 Billion In Developing Agadem Oil Block In Niger 87
7.4.10 Jun 02, 2008: China, South Korea Express Interest In Pacific Refinery
87
7.4.11 May 19, 2008: PetroChina Chairman Resigns, Appoints New
President 87
7.4.12 May 16, 2008: PetroChina Appoints Chairman, Vice
Chairman 87
7.4.13 May 11, 2008: PetroChina' s President To Step Down
88
7.4.14 Apr 23, 2008: Sinopec To Invest CNY20 billion To Upgrade Plants
88
7.4.15 Apr 21, 2008: Petrochina, Sinopec To Receive Government Subsidy
89
7.4.16 Apr 03, 2008: PetroChina Adds Diesel Unit To Its Dalian Refinery
89
7.4.17 Mar 27, 2008: CNPC Plans To Invest CNY12 Billion In Dushanzi
Refinery 90
7.4.18 Mar 10, 2008: Southern China Province To Build
Joint-Stock Oil Refinery 90
7.4.19 Feb 28, 2008: Sinopec To Rebuild Oil
Refinery In Bulgaria 91
7.4.20 Feb 19, 2008: Sinopec' s New Refinery To
Receive Crude Cargo in March 91
7.4.21 Jan 08, 2008: Sinochem Begins
Building Oil Refinery At Quanzhou, China 91
7.4.22 Nov 07, 2007: Sinopec
To Invest RMB20 Billion To Upgrade Refineries By 2009 91
7.5 New Contracts
Announcements 92
7.5.1 Nov 12, 2007: Advanced Holdings Receives SGD24.7
Million Contracts In China And Singapore 92
8 Appendix 93
8.1
Methodology 93
8.1.1 Coverage 93
8.1.2 Secondary Research 94
8.1.3
Primary Research 94
8.1.4 Expert Panel Validation 95
8.2 Units Of
Measure 95
8.3 Contact Us 95
8.4 About Global Markets Direct 96
8.5 Disclaimer 96
1.1 List of Tables
Table 1: China, Refinery Key
Statistics, 2007 10
Table 2: China, Refining Capacity Company-wise
(MMTPA), 2000-2012 11
Table 3: China, Crude Distillation Unit Capacity
(MMTPA), 2000-2012 13
Table 4: China, Crude Distillation Unit Capacity
(MMTPA), 2000-2012 (Contd.,) 14
Table 5: China, Crude Distillation Unit
Capacity (MMTPA), 2000-2012 (Contd.,) 15
Table 6: China, Coking Unit
Capacity (MMTPA), 2000-2012 16
Table 7: China, Fluid Catalytic Cracking
Unit Capacity (MMTPA), 2000-2012 17
Table 8: China, Fluid Catalytic
Cracking Unit Capacity (MMTPA), 2000-2012 18
Table 9: China, Hydro
Cracking Unit Capacity (MMTPA), 2000-2012 19
Table 10: China Petroleum &
Chemical Corporation, Key Facts, 2007 20
Table 11: China Petroleum &
Chemical Corporation, SWOT Analysis , 2006 29
Table 12: China
Petroleum & Chemical Corporation, Revenue by Segment, RMB Million, 2005-2006
34
Table 13: China Petroleum & Chemical Corporation Financial and
Operational Overview, 2006-2002 35
Table 14: China Petroleum &
Chemical Corporation Financial and Operational Overview, 2006-2002 36
Table 15: China Petroleum & Chemical Corporation Key Industry-specific
Ratios, 2006-2002 37
Table 16: PetroChina Company Limited, Key Facts,
2006 38
Table 17: PetroChina Company Limited, SWOT Analysis, 2006 45
Table 18: PetroChina Company Limited, Revenue by Segment, RMB Million,
2005-2006 48
Table 19: PetroChina Company Limited, Revenue by Geography,
RMB Million, 2005-2006 49
Table 20: PetroChina Company Limited,
Financial and Operational Overview, 2006-2002 49
Table 20: PetroChina
Company Limited, Financial and Operational Overview, 2006-2002(Contd..) 50
Table 21: PetroChina Company Limited, Key Industry-Specific Ratios,
2006-2002 51
1.2 List of Figures
Figure 1: China, Company-Wise
Share Vis-á-vis Growth in Refining Capacity, 2002-2007 12
Figure 2
China Petroleum & Chemical Corporation, Value Chain Analysis 26
Figure 3:
PetroChina Company Limited, Value Chain Analysis 43
Figure 4: Global
Markets Direct Methodology 93
|
Related Report
|
View Cart
