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    Home > Chemicals Industry > China Chemical > In 2020, China's oil and natural gas supply is in short supply

    In 2020, China's oil and natural gas supply is in short supply

    • Last Update: 2022-05-28
    • Source: Internet
    • Author: User
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    【Market analysis of chemical machinery equipment network ]
     
    Market analysis of chemical machinery equipment networkChemical machinery and equipment
    Oil and gas reserves account for a low proportion
     
    Oil and gas reserves account for a low proportion
    As an important energy resource, oil and natural gas have an important impact on the country's economic development.
    The reserves of oil and natural gas play an obvious role in national energy security and stable economic development.
    my country's oil and natural gas reserves do not have an advantage in the competition.
    According to BP data, from 2015 to 2019, China's proven oil reserves continued to grow.
    In 2019, my country's identified oil reserves were 26.
    19 billion barrels, but the proportion was very low, only 1.
    51%.
    China's proven natural gas reserves have also been increasing, and the growth rate has fluctuated.
    According to BP data, my country's proven natural gas reserves in 2019 were 8.
    4 trillion cubic meters, a significant increase from 2018, but in terms of scope, they accounted for only 4.
    23%.
      In terms of oil and natural gas output, with the development of my country's mining equipment and mining technology, the output continues to hit new highs.
    According to national* data, domestic crude oil production in 2019 was 191 million tons, an increase of 0.
    89% year-on-year.
    Among them, the Bohai Bay (including sea areas), Songliao, Ordos, Junggar, Tarim, and the Pearl River Mouth Basin had a total output of more than 10 million tons.
    167 million tons, accounting for 87.
    6% of the national total.
    Crude oil production will accelerate in 2020 and processing will slow down.
    From January to August 2020, the cumulative domestic crude oil output reached 130 million tons, a year-on-year increase of 1.
    5%.
    It is estimated that in 2020, the total oil production in mainland China will be about 200 million tons.

     

      In terms of natural gas development, from 2015 to 2019, China's natural gas production has increased year by year, and the overall growth rate has increased.
    According to national* data, in 2019, natural gas production was 176.
    174 billion cubic meters, a year-on-year increase of 10%.
    Among them, the Ordos, Sichuan, Tarim, Pearl River Mouth, Qaidam and Songliao Basins produced more than 5 billion cubic meters in total.
    It reached 135.
    268 billion cubic meters, accounting for 89.
    7% of the national total.
    From January to August 2020, 122.
    5 billion cubic meters of natural gas was produced, an increase of 8.
    8% year-on-year.
      Strong demand for oil and gas
     
    Strong demand for oil and gas
      In terms of oil and natural gas demand, my country is a big oil consumer, and oil consumption is increasing year by year, and the growth rate fluctuates.
    According to data from the China Petroleum and Chemical Industry Federation, in 2019, the apparent domestic crude oil consumption reached 696 million tons, a year-on-year increase of 7.
    4%.
    The apparent consumption of natural gas reached 304.
    79 billion cubic meters, a year-on-year increase of 8.
    7%.
      The shortage of oil and natural gas is becoming more and more obvious
     
    The shortage of oil and natural gas is becoming more and more obvious
      From the perspective of China's oil and natural gas production and consumption ratios, both have a steady downward trend since 2015, and both have obvious characteristics of short supply.
    In 2019, the proportion of China's oil production and consumption fell from 39.
    22% in 2015 to 27.
    44%; while natural gas fell from 69.
    67% in 2015 to 57.
    80% in 2019.
    It can be seen that China's oil and gas industry is heavily dependent on imports to meet domestic demand.
      Crude oil is mainly used in petroleum processing, coking and nuclear fuel processing industries
     
    Crude oil is mainly used in petroleum processing, coking and nuclear fuel processing industries
      In the application of crude oil consumption, the downstream products of petroleum mainly include gasoline, liquefied petroleum gas, jet fuel, kerosene, diesel, fuel oil, lubricating oil, petroleum wax, petroleum pitch, petroleum coke and various petrochemical raw materials, and are widely used in Industry, extractive industry, petroleum and natural gas extraction industry, manufacturing industry, petroleum processing, coking and nuclear fuel processing industry, chemical raw material and chemical product manufacturing industry, electric power, heat production and supply industry and other industries.
    Among them, petroleum processing, coking, nuclear fuel processing, chemical raw materials and chemical products manufacturing, and petroleum and natural gas extraction industries consume relatively large amounts of crude oil.
    In particular, the consumption of crude oil in petroleum processing, coking, and nuclear fuel processing industries continues to increase.
      Note: The current "Energy Statistics Yearbook" new data is 2017, and the data from 2018 to 2019 are forecast data, and will not be repeated below.

     

      According to forward-looking data, in 2019, the industries that have a large demand for crude oil (petroleum) consumption in China are petroleum processing, coking, and nuclear fuel processing.
    Its crude oil consumption in 2019 accounted for about 89.
    51%; secondly, chemical raw materials and chemical products manufacturing The industry also has a large demand for crude oil, with crude oil consumption accounting for approximately 6.
    85%, ranking second; oil and natural gas extraction, transportation, storage, and postal oil consumption are also among the top five; crude oil consumption in other industries The amount is relatively small.
      From 2013 to 2019, the consumption of crude oil in China's petroleum processing, coking and nuclear fuel processing industries has shown an increasing trend year by year.
    From 443 million tons in 2013 to 549 million tons in 2017.
    Looking forward, it is estimated that China's oil processing, coking and nuclear fuel processing industries will consume about 600 million tons of crude oil in 2019.
      Natural gas is mainly used in the production and supply of electricity and heat
     
    Natural gas is mainly used in the production and supply of electricity and heat
      In terms of natural gas demand, natural gas is mainly used in residents’ daily life, manufacturing, power generation and heating, transportation, chemical raw materials and chemical product manufacturing and other fields.
    It is also based on the acceleration of domestic urbanization, the increasing demand for energy conservation and environmental protection, and infrastructure With the continuous improvement of policies and the industrial background, after years of development, the scope of application of natural gas has been continuously expanded, and it is gradually moving towards the main energy.
    Among them, the production and supply of electric power and heat, residential consumption, transportation, storage and postal industry, chemical raw materials and chemical products manufacturing industries consume relatively large amounts of natural gas, especially the production and supply of electric power and heat.
    The amount of natural gas consumed continues to grow.
      According to forward-looking calculation data, compared with the structural distribution of oil demand, natural gas consumption demand is relatively scattered.
    At present, the industries that have a large demand for natural gas consumption in China are the production and supply of electricity and heat.
    The natural gas consumption of this industry in 2019 accounted for about 20.
    77%; in addition, the demand for natural gas in domestic consumption and transportation, warehousing and postal industries It is also relatively large, with natural gas consumption accounting for more than 10%; and chemical raw materials and chemical products manufacturing, extractive industries, petroleum processing, coking and nuclear fuel processing industries, and oil and natural gas extraction industries.
    Relatively large, in other industries.
      From 2013 to 2019, the consumption of natural gas in China's power and heat production and supply industries has shown an increasing trend year by year.
    From 24.
    45 billion cubic meters in 2013 to 44.
    61 billion cubic meters in 2017.
    It is preliminarily estimated that China's electricity and heat production and supply industries will consume about 59 billion cubic meters of natural gas in 2019.
      For more data, please refer to the "Analysis Report on Market Prospects and Investment Strategic Planning of China's Oil and Gas Development Industry" issued by the Qianzhan Industry Research Institute.
    At the same time, the Qianzhan Industry Research Institute also provides industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.
    Solutions such as investment attraction.

     

      Original title: Ten pictures show you the current situation and development trend of China's oil and gas industry supply and demand in 2020, and the shortage of oil and gas becomes more and more obvious
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