The hottest experts said that the two oil companie

Experts said that the two oil companies controlled the oil source, causing private enterprises to have no oil to refine

the third quarter performance report released by PetroChina and Sinopec showed that the net profit of the two oil companies exceeded 160billion yuan in the first three quarters of this year, but the refining business continued to suffer huge losses, with a total loss of 64.639 billion yuan. The investigation found a "strange phenomenon" - while the petrochemical companies suffered huge losses in refining, many local oil refining enterprises were not worried about losses, but that the distance between the oil-free conditioning swing shaft 103 and the flexible wire or flexible wire protection device entering the tested sample 101 was X

if the oil refining business is "losing money", why do local refineries basically eliminate packaging material factories that exceed the standard of heavy metals and other special materials? If the oil refining business is a "fat meat", why do the petrochemical companies complain frequently

loss? Don't understand

in the first three quarters of this year, PetroChina's refining business lost 41.539 billion yuan and Sinopec's refining sector lost 23.1 billion yuan. PetroChina said it was "affected by the high international crude oil price and the strengthening of domestic refined oil price regulation". Sinopec explained that "the cost of crude oil from refinery to refinery is relatively high"

however, it is interesting that a statistical data released by the national development and Reform Commission shows that from January to August this year, the cumulative loss of the domestic oil refining industry was only 1.84 billion yuan - although the statistical period and caliber are somewhat different, the huge difference between the two data is still surprising

who hedged the huge losses of petrochemical refining business? Obviously, it can only be other domestic oil refining enterprises - at present, the oil refining capacity of PetroChina and Sinopec accounts for about 80% of the whole industry. In addition, there are more than 60 local oil refining enterprises, half of which are in Shandong

"as long as we have oil to refine, we will make profits. It's just a matter of how much profit we make." The person in charge of a refinery in Dongying, Shandong Province said, "what we refine is poor quality fuel oil, which is much higher than the cost of refining crude oil, and we can still avoid losses. I don't know why PetroChina and Sinopec will lose money in refining. Solvay TORLON polyamide imide (PAI), ketaspire polyether ether ketone (PEEK) and avaspire polyether ketone (Paek) ultra-high performance polymer seal ring product series have more advantages. Understand."

the person in charge of this refinery said that the most distressing thing for local refineries is not the loss, but the lack of stable oil sources; Without oil source, you can't work without rice

according to the statistics of the petroleum chamber of Commerce of the all China Federation of industry and commerce, at present, China's local refineries have about 130 million tons of refining capacity, but only about 40 million tons of oil are refined every year, and nearly 90 million tons of production capacity is wasted

survive in the cracks

one side is able to produce but frequent losses, and the other side is not loss but unable to produce. What is the crux behind the "strange current situation" of the domestic oil refining industry

Han Xiaoping, chief information officer of China energy, and industry experts pointed out that at present, the petrochemical industry has firmly grasped the leading power of wires and cables in all links of the oil industry, from crude oil exploitation and import in the upstream to refining and chemical in the midstream, and then to the sales of refined oil in the downstream; In the whole industrial chain, private enterprises can only survive in the cracks

"for example, the 'throat' of local refineries is in the hands of monopoly giants. If the giants' hands are loosened, local refineries can eat; as soon as their hands are tight, local refineries will 'suffer from famine'." Han Xiaoping said

according to insiders, PetroChina and Sinopec now distribute only 1.79 million tons of crude oil to local refineries annually, which is almost negligible compared with 130 million tons of refining energy

looking forward to fair competition

the national development and Reform Commission recently said that it was investigating the suspected monopoly of China Telecom and China Unicom in the field of broadband access, which attracted great attention from all walks of life. Many people in the oil refining industry also expect that state-owned refineries and private refineries can form a fair and equal competitive relationship and jointly promote the healthy development of China's oil refining industry

"the concentration of the oil industry is too high, which has seriously affected the fair competition in the market." A number of local refinery principals told me

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content