With increasingly abundant resources and accelerate the construction of pipeline network, in the field of oil in the domestic gas monopoly emerging
According to foreign media reports, the Department of Energy Minister Martin Ferguson, Australia (Martin Ferguson) 8 18 announcement, the U.S. oil giant ExxonMobil with China National Petroleum (601857) Natural Gas Co., Ltd. (hereinafter referred to China National Petroleum Corporation) signed agreement, the next 20 years, held by each of the Gorgon (Gorgon) liquefied natural gas (LNG) project in the share of oil sales to 2.25 million tons of liquefied natural gas, the transaction value of about 500 million Australian dollars (about 41.29 billion U.S. dollars).
The Gorgon liquefied natural gas project located in Western Australia, responsible for Chevron's Gorgon liquefied natural gas project operator, holding 50 percent stake in the project. Exxon Mobil and Royal Dutch Shell holds 25 percent of the project equity.
Securities Daily News then call in the oil, the people who confirmed the news. China National Petroleum Corporation in Liaoning Dalian, Nantong, Jiangsu, Shenzhen, Guangdong, Hebei Caofeidian four LNG receiving station is responsible for receiving these gas source. The sources, Dalian and Nantong have started receiving station, Shenzhen and the receiving station Caofeidian project is actively promoting.
In this regard, industry analysis, the acquisition of Gorgon project is the establishment of gas in the oil kingdom step. The goal is that in the next few years, in the oil and natural gas business will maintain double-digit growth, with the aim of natural gas production by 2015 to reach 140 billion cubic meters, to achieve sales of 168 billion cubic meters.
O ring gas
In recent years, oil and natural gas resource development in the force again.
In 2007, China National Petroleum Corporation met with Shell, Woodside Petroleum, Australia signed an agreement in the next 20 years the two companies to each of the procurement of up to four million tons of liquefied natural gas.
September 26 the same year, Turkmen President Berdymukhamedov to attend the UN General Assembly in New York pointed out that Turkmenistan is rich in natural resources, Turkmenistan - China gas pipeline design capacity in more than 30 billion cubic meters. Ability to protect the soil, including Turkmenistan - China gas pipeline, including a number of foreign supply of natural gas pipelines.
April 10, 2008, Jiang Jiemin, general manager of China National Petroleum Corporation and the State of Qatar, Deputy Prime Minister and Minister of Energy and Industry, Qatar Liquefied Natural Gas Company, Chairman Abdullah Bin Hamad Al-Attiyah, Shell Group executive director and president of natural gas and power generation operations Treasury Linda signed in Beijing as long as 25 years of liquefied natural gas sales and purchase agreement.
Under the agreement, the Qatar gas project will be four phases of oil annually to the liquefied natural gas terminal supply three million tons of liquefied natural gas. Natural gas projects in Qatar and four liquefied natural gas terminal facilities in the oil put into commercial operation, the liquefied natural gas will be transported to the receiving terminal in the oil.
This reporter learned that, as OPEC members, Qatar is rich in oil and gas resources, has proven oil reserves of about 152 billion barrels, proven natural gas reserves of about 25 trillion cubic meters, ranking third in the world. Qatar is the world's largest liquefied natural gas exporter, plans to liquefied natural gas in 2010 will be expanding the annual output to 77 million tons.
February 24, 2009, China National Petroleum Corporation, through its subsidiaries, to the Canadian oil and gas company listed on Verenex Energy (hereinafter referred to Verenex) offer to issue, with a view to be the latter's oil assets in Libya.
The offer price of 443 million Canadian dollars (about 357 million U.S. dollars). Verenex included the need to repay the debt, the transaction value of 499 million Canadian dollars (about 402 million U.S. dollars). February 26, Verenex in its official website announced that China National Petroleum (601857) Gas Exploration and Development Corporation has agreed to 10 Canadian dollars per share cash price to acquire all the shares Verenex. Verenex24 than the price premium on the closing price 41.84%.
April 24, 2009, China National Petroleum Corporation announced that CNPC Exploration and Development Co., Ltd. (hereinafter referred to oil exploration) will be the national oil and gas company of Kazakhstan, the formation of a joint venture in the Netherlands Mangistau Investments BV, both accounting for 50% of the shares; and plans to 3.3 billion U.S. dollars to the joint acquisition of oil and gas companyÂü¸ñʲset 100% common stock, the acquisition of the amount of specific "to be adjusted before delivery."
This reporter has learned that sets of oil and gas company of Kazakhstan's largest private oil and gas exploration and development company, is a Central Asian Oil Co., Ltd., a wholly owned subsidiary. In Kazakhstan the company has 15 oil and gas field exploration and development concessions, and owns, through its subsidiaries located in the Caspian Sea offshore oil field and gas field in western Kazakhstan, a number of exploration permits.
As of December 31, 2008, sets of crude oil and gas company the remaining recoverable reserves of about 3.7 million barrels of crude oil production in 2008 was about 40 million barrels (110,000 barrels of daily output) and the other has a natural gas geological reserves of about 41.8 billion cubic meters.
Although a few days ago the news that is better than the original plan to postpone the acquisition, which, in the oil official said, the two sides had time to talk about, (barrels of oil) price of only 40 U.S. dollars to 50 dollars; bottom now after the rebound, the basic stability 70 U.S. dollars in the next, they hope to acquire the amount can be adjusted accordingly. He stressed that the transaction itself "will not be any major problems," shows the determination of oil determined to win.
Domestic expansion
In addition to the large overseas acquisitions, China National Petroleum Corporation has stepped up the expansion of domestic gas development.
September 2008, China National Petroleum Corporation announced that its daily output of the Yulin Gas Field to reach 14 million cubic meters, which marks the field Yulin become Sulige Jingbian and after, a new five billion cubic meters of annual production capacity of the largest gas field. Yulin Gas Field is located in the Ordos (600,295) at the junction of Shaanxi and Inner Mongolia region, is the Changqing gas field to the Beijing-Tianjin-Hebei region of one of the main gas source. It is understood that the central and northern gas field, Shell for cooperation in oil and long-North cooperation zone, the Southern District for the area of oil self-employed.
As China's largest oil and gas basins, Tarim Oilfield Company in the oil in April this year announced that the company will take advantage of 10 years, and strive to achieve the equivalent of oil and gas production was 50,000,000 tons, the Tarim oil field into a world-class field Spodiopogon.
Tarim Basin, the total area of 560,000 square km, oil and gas resources total 16 billion tons, and the remaining oil and gas resources in China's major oil and gas fields in the home first in the volume of natural gas resources in the basin more than 500 out of the country first, has an enormous resource potential.
The field is 4 Spodiopogon China and the largest natural gas field production. 2008 production of 6.45 million tons of crude oil, natural gas 17.3 billion cubic meters, oil and gas production amounted to 20.31 million tons, when, becoming China's first annual production capacity of four of the more than 20 million tons Spodiopogon field. The field has a total geological oil reserves of more than 620 million tons, natural gas geological reserves of 1.6 trillion tons. Tarim Oilfield Lunnan have built a tower in the East River, Yaha, hudson, ready Kekeya 27 oil and gas fields, forming a round of the South, Hudson, and Tajikistan in the east Formation group of four oil fields and Kuche - Tower North, Bachu - Southwest, Tadong three gas-rich region. Oil and gas production continues to rise, the average annual increase of 400,000 tons, an increase of onshore oilfields in China ranks first.
Learned from the Tarim Oilfield, Tarim Oilfield in 2008 natural gas production is estimated to reach 15.7 billion cubic meters, an increase over the previous year 4.7 billion cubic meters, up 42.7%. Up to now, the Tarim oil field gas transmission capacity has been upgraded to 15 billion cubic meters / year.
Following the oil, natural gas, the coal-bed methane will become another pillar of the oil business.
According to China National Petroleum Corporation announced the beginning of this year show that 16 years ago, it has found a total of three coal-bed methane reserves are approximately 420 billion cubic meters, of which 46 billion cubic meters proven, both the total resources, respectively, accounting for 60% and 34.3 %.
In accordance with the planning of oil by the year 2010, in the form of oil is expected to be three billion cubic meters of capacity.
Commonly known as coal-bed methane gas, is present in an associated between coal and mineral resources, a considerable calorific value and gas. According to the report of China National Petroleum Corporation, the National Coal shallow depth of 2000 meters above the total coal-bed methane resources of about 36.8 trillion cubic meters, with a considerable natural gas resources, second only to Russia and Canada.
"In the natural gas market, the expansion of oil has achieved great success, the experience will be on loan to the coal-bed methane development." Oil is headquartered in one of those who said that China National Petroleum Corporation intends to build its own coal-bed methane Kingdom.
It has been introduced in the oil, at present, China National Petroleum Corporation's first coal-bed methane projects - Weinan City, Shaanxi Hancheng projects 500 million cubic meters capacity building have been initiated; At the same time, the company has signed with the County of Shanxi coal-bed methane exploration and development cooperation framework agreement in the Daning - Jixian region, coal-bed methane development plan, it has been a positive response from the local government.
Accelerate the construction of pipe network
It is understood that China's natural gas demand growing rapidly. China Social Sciences Documentation Publishing House published "China's Energy Development Report," is expected, the next 15 years show an explosion of natural gas demand growth, with an average growth rate will reach 11% ~ 13%. By 2010, China's natural gas demand will reach 100 billion cubic meters, is expected to yield only about 80 billion cubic meters, and the gap in more than 20 billion cubic meters; By 2020, natural gas demand will be about more than 200 billion cubic meters.
This means that huge oil and natural gas will reach a growth plan would not "unhappy marriage." With increasingly abundant resources and accelerate the construction of pipeline network, in the field of oil in the domestic gas monopoly emerging.
Securities Daily News from the oil that, at present, from Chongqing to Wuhan Zhongxian the Chungmugong gas line, Hebei to Nanjing the West-East Gas Transmission Line, since the Province of West-East Gas Pipeline to Wuhan Huaiyang Huai-Wu Extension large-scale gas projects, combined with the original line of the Shaanxi-Beijing and Shaanxi-Beijing gas pipeline, such as double-track lines, and oil has been covering the country's most economically developed areas of the gas pipeline network. Regional supply of oil to cover the whole country has 26 provinces, autonomous regions and municipalities, covering a population of around 400 million.
China National Petroleum Corporation to develop more long-term goal is that by 2010 natural gas production increased to more than 70 billion cubic meters; In 2015, further efforts to grow to 140 billion cubic meters.
Frankly the industry: "In recent years, in the oil fields in the natural gas market has continuously intensified its efforts to open up, it clouds the use of the construction of the country's natural gas pipe network, control of the domestic gas supply a major city in the right, and then established itself in the natural gas market dominant position. "
And Liao, vice president of China National Petroleum Corporation will never have long pointed out that natural gas and oil pipelines is the most growth in the core business and the effectiveness of the most growth potential, "we must clearly understand the situation and challenges, the first set of resources, strategic channel the concept of priority, in accordance with the implementation of resources, markets, the international strategy of the general requirements, seize the resources to speed up the construction of a strategic channel and strategic use of resources and implementation of, and always occupied the commanding heights of the market and to maintain absolute control. "
