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China's Fuel Oil Market Facing Several Challenges According to New Report

Posted on: Wednesday, 14 November 2007, 00:00 CST

Research and Markets (http://www.researchandmarkets.com/reportinfo.asp?report_id=568709) has announced the addition of: China Fuel Oil Market Report, 2007 to their offering.

The consumption fields of fuel oil are transportation and industry. Especially when generating power in industry a lot of fuel oil is used, taking up 1/3 that of the total demand. The chemical industry, building material and iron industry also consume a lot of fuel oil. The profit making ability of refined oil is not so optimistic due to the high cost. It is estimated that in 2007, no obvious gap will be seen between the price fluctuation of refined oil and that of international crude oil. The profit making ability of the industry will rise.

During the Eleventh Five-Year Plan period (2006-2010), the average increase of petrol storage in China is 900 to 1,000 million tons and that of natural gas 400 to 450 billion m3, which can ensure certain growth of oil and gas production. In the next five to ten years, with the development of China economic, the total consumption of energy will increase and so does crude oil as well as refine oil.

Fuel oil companies are still faced with tremendous challenges though there are many favorable conditions. In the end of 2006, China opened the wholesale market of refined oil to foreign companies to fulfill the commitment made by China when entering WTO. This is a milestone which marks the full open of China petroleum and petrochemical industry. During the Eleventh Five-Year Plan period, there will have diversified investors in China petroleum and petrochemical market. The competition pattern will gradually come into being. When foreign investments enter in large scale, China petroleum and petrochemical industry will confront with serious challenges.

In addition, the government and the public are now concerned more than ever about the environment, accordingly higher requirements were given on environment protection. The use of energy-saving oil and renewable energy, the transit of clean natural gas from the west to east, the production of LNG project and the appearance of much more possible replacements in the future may quite probably decrease the consumption and imports of fuel oil.

It is estimated that in 2007 demands for fuel oil may drop to 37 million tons. Considering the consistent improvement of domestic processing ability, the imports of fuel oil may drop to 20 million or so. All the above mentioned factors will bring a lot of changes in China petroleum and petrochemical market and at the same time challenge China petroleum and petrochemical market as well.

1 General introduction to fuel oil

1.1.Definition of fuel oil

1.2.Classification of fuel oil

1.3 Application of fuel oil

1.4 Standard of fuel oil

2 Demand and supply of fuel oil in global market

2.1 Demand

2.2 Supply

3 Demand and supply of fuel oil in domestic market

3.1 Overview of demand and supply of fuel oil in domestic market

3.2 Consumption of fuel oil and light oil in China

4 Imports of fuel oil to China

4.1 Imports of fuel oil by year

4.2 Imports of fuel oil by custom

4.3 Imports of fuel oil by source country

5 Procession and trade of fuel oil in China

5.1 Procession of fuel oil

5.2 Trade of fuel oil

6 Demand and supply of Bunker C in China (by region)

6.1 South China

6.2 East China

6.3 North China

6.4 Northeast China

6.5 Central, Southwest and Northwest China

7 Prices of fuel oil in major domestic markets

7.1 Prices of fuel oil in China

7.2 Price trend of fuel oil in 2007

8 Demand and supply of crude oil in China

8.1 Demand and supply of crude oil in China

8.2 Forecast of demand on petrol in China

9 Refineries under building or in proposal in China

9.1 Sinochem plan to build refinery

9.2 China and Russia invest RMB two billion to build refinery on the boarder

9.3 Rosneft (Russia) and Petrol China plan to build refinery in China

9.4 Petrol China invest RMB 180 billion to build refinery

9.5 Petrol China's Xinjiang dushanzi refinery project

10 Storage equipment of fuel oil in China

10.1 Tank terminal in port under operation

10.1.1 Profile of oil tank companies

10.1.2 Oil storage of China Gas subsidiaries

10.2 Tank terminal not for business

10.2.1 Oil storage of Sinopec subsidiaries

10.2.2 Oil storage of Sinochem subsidiaries

10.2.3 Four new companies to supply bonded oil

10.2.4 Branches of Zhonghai Gas Supply,Sinopec

10.2.5 Location of fuel oil future delivery bases in China

Selected Charts

Products chain of petrol

Discovered storage location in the world

Crude oil procession location in the world

Demand on petrol in the world

Consumption of petrol in the world

Growth of petrol consumption in the world, 2000-2007

Fuel oil in China, 1995-2007

Annual consumption of fuel oil and forecast in China, 1996-2015

Domestic consumption of fuel oil by industry

Domestic consumption of fuel oil by province

Domestic consumption of light oil and forecast, 1998-2015

Imports of fuel oil in China, 1995-2006

Statistics of fuel oil by custom, 2006

Production of fuel oil in China by region, 2006

Production capacity shares in China by region, 2006

Top ten provinces producing fuel oil in China, 2006

Producers of fuel oil in China, 2001-2006

Companies manage import of fuel oil in China

Top ten import and export of fuel oil in China, 2003-2006

Demand and supply of Bunker C in South China

Demand and supply of Bunker C in East China

Demand and supply of Bunker C in North China

Demand and supply of Bunker C in Northwest China

Demand and supply of Bunker C in Central, Southwest, and Northwest China

Price of fuel oil future in Shanghai, Huangpu and Singapore

Sales of fuel oil in China, 1994-2006

Imports and the domestic production of crude oil, 1994-2006

Imports and the domestic production of crude oil, 1995-2009

Tank companies in port

Profiles of tank companies by port

Fuel oil base designated by Shanghai Future Exchange

For more information visit: http://www.researchandmarkets.com/reportinfo.asp?report_id=568709

Source: Business Wire

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