China's oil consumption will peak in 2030, about 780 million tons; what is the prospect of new refining?

On December 26, 2021, China National Petroleum Corporation (CNPC) released the 2021 edition of the "World and China Energy Outlook" report in Beijing

The report believes that the world population will grow steadily in the future, reaching 10.

Under the cooperative emission reduction scenario, the scale of clean energy utilization continues to expand, and the proportion of clean energy continues to increase.

The report believes that oil consumption will shift from the transportation sector to the chemical sector, and the eastward shift of the consumption center is similar to the eastward shift of energy consumption growth

The report believes that under the current policy conditions of various countries, energy-related carbon emissions will reach 22.

The report believes that under the sustainable transformation and cleanliness, China's primary energy consumption will enter a peak platform period after 2030, with a monthly 4.

Before 2030, it will be a plateau period for coal consumption, and the total coal consumption will gradually decline before 2050

Natural gas is a period of rapid growth until 2030

The report believes that in the future, domestic oil and gas exploration and development will focus more on tapping the potential of old oilfields and enhancing oil recovery, more on deep and ultra-deep resources, and more on unconventional resources

——Prospect analysis of new refining capacity

In 2020, affected by the new crown epidemic, the global oil and gas industry fell into a trough

In October 2021, the State Council issued the Action Plan for Carbon Peaking by 2030