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Hefei Shihua Pipe Fitting Co., Ltd.

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Company Address:  No.219 Yuping RD., Hefei Anhui, 230601, P.R.C.

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Xinjiang will become the largest oil and gas import channel on land by 2020

[Abstract]:
On August 25, Li Huaqi, deputy general manager of Planning and Planning Department of China National Petroleum Corporation, made the above statement at the press conference on “State-owned enterprises
On August 25, Li Huaqi, deputy general manager of Planning and Planning Department of China National Petroleum Corporation, made the above statement at the press conference on “State-owned enterprises responsibility - PetroChina in Xinjiang”. This year coincides with the 60th anniversary of the establishment of the Xinjiang Uygur Autonomous Region. CNPC has highlighted the efforts made by Xinjiang in the past 60 years in the development of Xinjiang.
 
China Petroleum Group spokesman and Qu Guangxue, general manager of the Department of Ideological and Political Work, concluded that for 60 years, CNPC has built 3 oil and gas fields, 3 oil refining and chemical industry bases, and the largest oil and gas reserve base in the west, and engineering and technical services from Xinjiang. The protection base and the strategic channel of China Unicom’s Central Asia-Russia oil and gas resources form a complete upstream and downstream industrial chain including exploration and development, refining and storage, oil and gas sales, engineering technology and financial services, and become an important energy source in western China. Supply and security bases.
 
So far, CNPC's enterprises in Xinjiang have accumulatively produced 490 million tons of crude oil and 255 billion cubic meters of natural gas. Xinjiang is also the main base of CNPC. The area of ​​exploration rights and the amount of oil and gas resources in Xinjiang all account for about one quarter of China’s oil. Li Huaqi also disclosed that CNPC's Xinjiang enterprises have processed 340 million tons of crude oil, produced 9.2 million tons of ethylene, produced 32.98 million tons of chemical fertilizers, sold 95.51 million tons of refined oil and supplied 48 billion tons of natural gas in Xinjiang. Since 1998, PetroChina has completed a total investment of over 500 billion yuan in Xinjiang enterprises, paid taxes of 422 billion yuan, including local 122 billion yuan. As of the end of 2014, PetroChina’s assets in Xinjiang accounted for one-fifth of China’s oil, total profit accounted for one-fifth, operating income accounted for one-fourth, and taxes paid accounted for one-eighth. PetroChina also built Xinjiang into an oil and gas strategic corridor in northwest China and the largest oil and gas reserve base in the west, providing a solid guarantee for national energy security.
 
Li Huaqi said that as of now Xinjiang has completed the West-East Gas Pipeline, the second line, the western part of the third line, the Sino-Kazakh crude oil pipeline, the Central Asia natural gas pipelines A, B and C, which has promoted the improvement of China’s energy structure and the advantages of Xinjiang’s resources. Conversion. The total mileage of CNPC's pipeline in Xinjiang is 16,500 kilometers. In 2014, the northwest strategic channel introduced more than 35 million tons of oil and gas equivalents. At the same time, 10,000 tons were built in Xinjiang. At the same time, a national reserve base and two commercial reserves were built in Xinjiang, with a total storage capacity of 7 million cubic meters. Hutubi gas storage, with a total storage capacity of 10.7 billion cubic meters and a working gas volume of 4.5 billion cubic meters, is currently the largest gas storage in mainland China. PetroChina also actively promotes joint ventures and cooperation in Xinjiang to achieve common development and mutual benefit. Up to now, the Hongshan Oilfield and West Third Line joint ventures have been successfully operated, and Xinjiang joint ventures, Karamay Petrochemical and other joint venture cooperation projects have also landed one after another.
 
Li Huaqi said that in the future, he will continue to plan development in Xinjiang from a strategic and overall perspective, highlight the development of the oil and gas industry, solidly promote the construction of “Xinjiang, Xinjiang,” and build a major force in the core area of ​​the Silk Road Economic Belt in Xinjiang. At the same time, we will continue to deepen and expand joint ventures and cooperation in the midstream and downstream areas of oil and gas, and strive to achieve the common development of enterprises and regions. We will turn industrial aid and fixed-point poverty alleviation into a project to strengthen national unity and maximize the benefits of development to the people of all ethnic groups in Xinjiang.
 
Specifically, during the “Thirteenth Five-Year Plan” period, we will continue to strengthen the construction of “four bases, one channel, and two headquarters”. Efforts have been made to build Daqing, Xinjiang. By 2020, the equivalent oil and gas output will reach 50 million tons. Improve the refining and chemical industry base, greatly increase the comprehensive strength and competitiveness of the refining and chemical companies, and support the construction of local chemical parks and the export of Xinjiang chemical products to the west. We will ensure oil and gas supply, and by 2020 we will build the largest and most important oil and gas reserve base in the western region.
 
CNPC will also improve its oil and gas strategic channels, continue to improve its pipeline layout, build China's largest onshore oil and gas import strategic channel, and upgrade the status of Xinjiang Silk Road economic zone core area. At the same time, it is necessary to establish a "national first-class transnational transport logistics enterprise" transportation headquarters and a financial headquarters that integrates production with finance. By 2030, the production of oil and gas will be further upgraded to achieve an equivalent oil and gas output of 60 million tons, a refining capacity of 30 million tons per year, an import and export equivalent of 100 million tons of oil and gas, and an engineering and technology service revenue of 100 billion yuan.

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Company Address:  No.219 Yuping RD., Hefei Anhui, 230601, P.R.C.