China expands refining sector to handle booming oil demand
Journal Article
·
· Oil and Gas Journal; (United States)
OSTI ID:6296915
China's refining sector is in the midst of a major expansion and reorganization in response to booming domestic demand for petroleum products. Plans call for hiking crude processing capacity to 3.9 million b/d in 1995 from the current 3.085 million b/d. Much of that 26% increase will come where the products demand growth is the strongest: China's coastal provinces, notably those in the southeast. Despite the demand surge, China's refineries operated at only 74% of capacity in 1991, and projections for 1992 weren't much better. Domestic crude supply is limited because of Beijing's insistence on maintaining crude export levels, a major source of hard currency foreign exchange. The paper discusses the superheated demand; exports and imports; the refining infrastructure; the Shenzhen refinery; Hong Kong demand; southeast coast demand; 1993 plans; and foreign investment.
- OSTI ID:
- 6296915
- Journal Information:
- Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 91:19; ISSN OIGJAV; ISSN 0030-1388
- Country of Publication:
- United States
- Language:
- English
Similar Records
China's refiners face massive overhaul, expansion to meet demand growth, new crude slate
Chinese oil production slows but long-term prospects look good
Trends in refinery capacity and utilization: petroleum refineries in the United States, foreign refinery exporting centers
Journal Article
·
Mon May 09 00:00:00 EDT 1994
· Oil and Gas Journal; (United States)
·
OSTI ID:7031828
Chinese oil production slows but long-term prospects look good
Journal Article
·
Sun Aug 01 00:00:00 EDT 1976
· Energy Int.; (United States)
·
OSTI ID:7337039
Trends in refinery capacity and utilization: petroleum refineries in the United States, foreign refinery exporting centers
Technical Report
·
Sun Nov 30 23:00:00 EST 1980
·
OSTI ID:6752458
Related Subjects
02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
294002 -- Energy Planning & Policy-- Petroleum
ASIA
CAPACITY
CHINA
DEMAND
DOMESTIC SUPPLIES
ECONOMIC POLICY
ENERGY DEMAND
ENERGY POLICY
ENERGY SOURCES
EXPORTS
FORECASTING
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
IMPORTS
INDUSTRIAL PLANTS
INVESTMENT
PETROLEUM
PETROLEUM REFINERIES
REGIONAL ANALYSIS
TRADE
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
294002 -- Energy Planning & Policy-- Petroleum
ASIA
CAPACITY
CHINA
DEMAND
DOMESTIC SUPPLIES
ECONOMIC POLICY
ENERGY DEMAND
ENERGY POLICY
ENERGY SOURCES
EXPORTS
FORECASTING
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
IMPORTS
INDUSTRIAL PLANTS
INVESTMENT
PETROLEUM
PETROLEUM REFINERIES
REGIONAL ANALYSIS
TRADE