PetroChina's daily processing capacity increased to 400,000 tons

In order to ease the shortage of domestic diesel resources, after Nov. 3 Sinopec issued documents requiring the refinery to increase production of diesel by the subordinate refineries. PetroChina also increased its productivity and continued to increase its production load for more than a month. The daily crude oil processing volume exceeded 400,000 tons for the first time on November 3, setting a record high.

According to the news, in October China's crude oil processed 12.15 million tons of crude oil, an increase of 7.4% year-on-year, an increase of 8.9% from the previous period; refined oil production reached 7.67 million tons, an increase of 6.7% year-on-year and an increase of 11.2%.

In November, PetroChina will continue to maintain a processing volume of 400,000 tons of crude oil per day. The diesel production volume will increase by 10,000 tons per day compared to October, reaching an average of 168,000 tons per day. While giving full play to the current refining capacity, CNPC also arranged for the newly added processing capacity of Guangxi Petrochemical and Qingyang Petrochemical to reach 800,000 tons per month.

Since October, due to multiple factors affecting international oil prices, supply and demand in the domestic refined oil market have been tense. The sales strategies adopted by the two giants of PetroChina and Sinopec have been criticized. Many diesel shortages have resulted in gas stations. Limit or stop for diesel.

Zhuo Chuang Information reported on November 4th that it was more than a week before the National Development and Reform Commission raised the price of diesel wholesale and refueling on October 26th. Diesel prices in various parts of the country are still rising continuously. The shipment price of social units in most regions has exceeded the maximum wholesale limit price. . The major units in various regions have suffered from serious reversed-pending phenomenon, resulting in a reluctance to sell diesel fuel. There have been operations such as suspension of batches and limited quantities. This makes the contradiction of tight supply of diesel fuel not alleviated before the price adjustment. The current market is still "a tricky job." Without rice."

The National Development and Reform Commission released on November 4th the “economic performance and annual forecast for the first three quarters of the petrochemical industry,” stating that international oil prices will continue to rise in the fourth quarter.