www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

BIZCHINA> Top Biz News
CNOOC gets govt permission to sell oil products
By Xiao Wan (China Daily)
Updated: 2009-07-25 08:01

CNOOC gets govt permission to sell oil products
An offshore drilling platform in the Bohai Sea in this file photo taken in 2004. China National Offshore Oil Corp (CNOOC), the country's third largest oil company, has won oil product wholesale licenses, as the government opens the sector to greater competition. [Asianewsphoto]

China National Offshore Oil Corp (CNOOC), the country's third largest oil company, has won oil product wholesale licenses, as the government opens the sector to greater competition.

With the licenses, the Beijing-based CNOOC will be able to sell products to other oil companies. The company is China's leading offshore oil and gas producer but a newcomer to the refining and fuel sales sectors.

Analysts said the new refined oil wholesale licenses would facilitate CNOOC to sell products from its Huizhou refinery in southern Guangdong province and from smaller refineries it had acquired previously.

But as CNOOC now still plays a small role in domestic refined oil market, the move will not have any big impact on China's two oil majors, PetroChina and Sinopec, they said.

According to the Ministry of Commerce, now among the companies that have oil product wholesale licenses, around three fourths are owned by PetroChina and Sinopec.

CNOOC earlier started its Huizhou refinery in Guangdong province. The project, which can process 12 million tons of crude oil annually, was CNOOC's first refinery in China.

Related readings:
CNOOC gets govt permission to sell oil products China's crude oil output hits 93.49M tons in H1
CNOOC gets govt permission to sell oil products China raises gasoline, diesel prices
CNOOC gets govt permission to sell oil products Oil firms to see robust earnings
CNOOC gets govt permission to sell oil products CNOOC says Q1 output up, revenue falls

The company has also charted plans to further expand its new Huizhou oil refinery. It has signed a frame contract with the local government, under which it is expected to boost the capacity of the refinery to 22 million tons per year from the present 12 million during the 12th Five-Year Plan period (2011-15).

The Huizhou project is in the Pearl River Delta, one of China's economic powerhouses. CNOOC has been focusing on the region to develop its downstream business, sources with the company told China Daily on Friday.

Fu Chengyu, president of CNOOC, had said earlier that the company would invest more than 300 billion yuan ($43.91 billion) in the southern Guangdong province over the next five years.

The investment will mainly go towards development of oil and gas fields in the South China Sea, construction of petrochemical projects in Huizhou, and the building of a natural gas pipeline in the region, said Fu.

Guangdong is a key base for CNOOC's future development, said Fu. The company has invested over 120 billion yuan in the province, and in 2008 alone, it invested 33 billion yuan in the region.

A regulation, issued in December 2006, allows qualified domestic and foreign companies to sell crude and fuel in the world's second-biggest energy-consuming nation. The move is part of China's efforts to open up its market to meet obligations under the World Trade Organization, which the country joined in December 2001.


(For more biz stories, please visit Industries)

 

 

主站蜘蛛池模板: 114一级毛片免费观看 | 伊人五月天婷婷琪琪综合 | 中文字幕在线日韩 | 中国精品视频一区二区三区 | 无码孕妇孕交在线观看 | 久久综合精品国产一区二区三区 | 亚洲国产激情一区二区三区 | 欧美一区二区三区精品影视 | 国产精品特黄毛片 | 午夜国产亚洲精品一区 | 亚洲国产成人最新精品资源 | 加勒比色综合久久久久久久久 | 在线视频一二三区 | 美女视频黄a视频免费全过程 | 国产精品19禁在线观看2021 | 黄色三级网站 | 18lxxlxx日本 | 欧美一区二三区 | 国产精品日韩欧美一区二区三区 | 欧美视频在线观看网站 | 波多野结衣在线免费观看视频 | 老司机毛片| 国产精品久久国产三级国电话系列 | 黄网站色视频免费观看w | 丁香五香天堂 | 亚洲精品亚洲人成毛片不卡 | 亚洲天堂精品在线观看 | 亚洲欧美日韩国产专区一区 | 精品久久网站 | 日韩欧美一中字暮 | 亚洲天堂免费在线 | 久久久免费观看视频 | 亚洲国产欧美91 | 欧美一级日韩一级 | 欧美日韩一级大片 | 久艹视频在线 | 男人和女人的做刺激性视频 | 最刺激黄a大片免费观看下截 | 国产成人v视频在线观看 | 精品国产精品久久一区免费式 | 91天仙tv嫩模福利 |