Shinawatra sells coal oil
The cost of coal oil ton oil has increased by about 40% compared to 2006
This is a reporter, wang bing cong, from beijing
After eight years of gestation and controversy, the shinawatra coal oil project finally formally joined the retail market for finished oils in the context of the current coal recession。
In recent days, shinhua group has revealed that the shinawatra coal oil project has begun to be commercialized and profitable, and will reach almost 1 million tons/year of design capacity this year, with ordos ' first god coal oil gas station to be officially opened for the sale of the finished oil produced by the waldos coal oil sub-company. Following the acquisition of the wholesale qualification of the finished oil in february 2010, the shinhua group officially entered the finished oil retail industry. However, according to journalists, despite falling coal prices since 2012, the cost of the ton of kerosene oil has increased by some 40 per cent compared to 2006, and international oil prices have fluctuated, leaving a cloud in the way of large-scale expansion of coal oil。
Shin-hwa operates his own gas station
It took eight years for the oil to run its own gas station, thanks to the current low coal prices and the government’s reopening of the coal industry。
According to the relevant director of the god valdos coal oil company, as the company opened its first gas station in ordos, the shinhua group would also expand in and around mongolia and develop its own gas stations。
In order to advance into the market for the retail sale of finished oils, in may this year shinhua north-west oil chemical marketing ltd. Was formally established, which will be primarily responsible for the general marketing of the oil, chemicals and chemicals produced by shinhua in the north-west。
In august 2004, the shinhua group began construction of the world's first million-ton direct liquefied oil production line in the city of ordos, with a total investment of approximately 12. 6 billion yuan in the design of 1. 08 million tons of annual diesel, plagued oil and liquefied petroleum gas, based on the self-developed direct liquefied oil technology package。
However, since 2007, as a result of the proliferation of the coal industry, the “overcapacity, fragmentation” has become a major disease in the industry. For this reason, the national commission for development and development (cnrd) has launched a policy to stop coal-fired projects, such as coal oil. Although the government has indicated that it will stop building “coal oil”, the shinhua group's projects have been supported by the government as an important part of its national energy strategy. This has also made god valdos ' coal oil projects a rare approved coal oil project in the country and has been working to explore commercialization operations。
Following its completion in 2008, the shinawatra million-tonne direct liquefied oil demonstration project was successfully piloted in a pilot vehicle, starting at the end of 2009。
The god valdos coal oil project has been in commercial operation since 2010. According to the shinhua side, 800,000 tons of oil were sold in 2011, with a profit of more than 400 million; 2489 million tons of diesel, 1257 million tons of prune oil and 531 million tons of liquefied gas were produced in the first half of the year, with a profit of 270 million yuan。
According to jobalin, deputy secretary of the party for the coal oil sub-communication company of god, the first 1. 08 million tons of direct liquidation of coal in the world, built by god, has largely stabilized over a long period of time, with the commercialization of autonomous intellectual property technologies for coal oil. Since the first coal test vehicle was dropped in 2008, the maximum load rate for the entire unit was 80 to 85 per cent for the design between 2010 and 2011; the coal conversion rate was 91 per cent for the design。
As early as 2010, shinhua, china, demonstrated that it was expected to acquire the group's coal oil project and stated that the coal oil project held by the parent company was working well, and that, pending further improvements in the equipment, he would choose the opportunity to achieve a priority acquisition。
As the shinawatra kerosene project moves towards market, it has reached design capacity this year, injecting listed companies into the agenda. At present, the god valdos coal oil project has been launched into the assets of china's listed companies。
Coal oil “roads” amplification
As the shinawatra coal oil project gradually spread to the market, and as the national commission for development and development now begins to untie the coal chemical project, shinawatra has begun to further expand the framework of the sub-caline oil project。
At present, the shinawatra direct liquefied project is also planning two additional lines, first producing 3. 2 million tons per year, an expansion that is currently under review. In the future, the total construction of the direct liquefied oil project of shinawatra will be 5 million tons of oil produced annually, a plan that has been approved by the state council。
According to jobolin, in general, the industrialization demonstration of the direct liquefied technology of the divine has been largely successful and an appropriate scaling up of production is necessary, and the cost of coal oil is expected to fall by another third after industrialization。
In addition to ordos, shinawatra has been working on coal oil projects in ningxia。
With the launch of the coal deep processing demonstration project plan, god has become one of the greatest beneficiaries。
According to the information received, the 4 million tons/year coal indirect liquefaction project has been adopted by the relevant government departments. This project is the only demonstration project included in the model coal deep processing project plan and the country's largest indirect coal oil project. According to the development plan of the ningdong energy chemical base, by 2020, the production capacity of the products produced by the ningdong coal chemical industries will be over 20 million tons, of which 4 million tons of coal oil per year。
According to shinhua, the project has now begun the bidding process for the greening of the site's foundations and landscapes in the front of the plant。
In addition, the 180,000 tons of indirect coal oil produced by god valdos are under way。
In addition to shinawatra, the tens of millions of tons of coal oil blueprints planned by ita coal coal inc. Of inner mongolia (hereinafter " ita b " ) have been highlighted。
Journalists were informed by the itai coal oil company, under the name of itai b, that it would take up an additional 2 million tons of indirect coal oil production per year on the basis of the first 160,000 tons of annual production, which had been included in the coal deep processing demonstration project plan and was currently reported to the national development and reform commission and was expected to receive a roadblock in the near future. Cost has increased by 40%
Although the coal oil industry appears to have begun with the help of god, ita b, the economic and investment prospects of the industry remain highly controversial。
As early as 2004, when the shinhua group started the coal oil project, the controversy over the return on the project did not stop。
According to the senior national energy experts, four tons of coal would be consumed for each ton of coal produced. When coal is worth $1,000 per ton, the cost of coal oil will be $10,000 per ton and the price of crude oil will be around $120 per barrel. A new coal oil project, with a production of 1 million tons per year, is also investing rmb 10 billion. The development of coal oil is therefore not cost-effective。
However, zhang yuzho, chairman of the board of directors of the shinhua coal oil company, china, believes that as long as international oil prices exceed $40 per barrel, the shinhua coal oil project will have a reasonable return。
According to data published by the shinhua group and the coroners group in 2006, the original cost of the kerosene coal oil was calculated at a price of $90 per ton for the toshito coal pit, at a cost of $1,200 per ton, while the plume was calculated at a cost of $150 per ton of coal, at a full cost of 1986 and could compete with oil of between $25 and $28 per barrel。
From 2006 to the present, the cost of coal production and the price of coal sales have been constantly updated, although the price of coal has been falling since 2012, as can be seen from china's annual annual report for the first half of 2012, the company's own coal production cost was 149. 9 yuan/t, and the average price of coal sales was 439. 4 yuan/t. This means that the cost of the ton of kerosene oil has increased by about 40 per cent compared to 2006。
However, international oil prices have been in shock in recent years, and the soaring costs of coal and the instability of oil prices have cast a shadow over the large-scale expansion of the coal oil industry。
However, coal-based oil production is currently expected to exceed 20 million tons, and domestic coal-based oil investment will total more than 200 billion yuan, conservatively based on an investment of 100 million yuan per ton of coal-based oil。
For the government, although the coal-chemical industry had begun to be liberalized, it had to prevent the industry from going up and re-emergence。
