After the pricing mechanism of refined oil is straightened out, the excess profit base does not exist

The National oil strategic reserve has been sneaking around China for 9 years, but its true workings are not yet known to the outside world. In 2000, the State Council commissioned the relevant agencies to study the development of China's oil security strategic planning, when people heard from various sources of national oil strategic reserves.　　2000 years later, any incident involving the construction of an oil warehouse was dubbed the "national Strategy". "China's National Petroleum Strategy Bank is entrusted to the central enterprises such as PetroChina, Sinopec, but its use of the flow is very strict, can not easily use." If used, at least the national Development and Reform Commission, or even the State Council's written approval can be carried out. "The former chief expert of Sinopec Economic and Technology research institute Cao Xiao?"　　To our correspondent. Sinopec Economic and Technical Research Institute is a strategic think-tank of Sinopec Group, Cao Xiao.　　Long-term as the Sinopec Economic and Technical Research institute leadership position, until 2009 New Year's Day of chief experts. Because of the late start of our petroleum reserve System, the true face still holds the pipa half cover. In addition to the four major state-owned petroleum and petrochemical companies, some people's capital and foreign capital also began to actively occupy the beaches.　　The capital game of Zhoushan oil storage Each road, this is only one of the scene appearingopposite. Theoretically speaking, the shoreline can build oil port and build oil storage and transportation facilities. "Wang Yu, deputy director of the National Development and Reform Commission's Comprehensive Transport Research Institute, told our correspondent," but who is eligible to invest, who has the qualification for operation, how to distribute the proceeds, and there is no clear provisions, completely by the relevant approval department independent measurement.　　2000 years after the National Development and Reform Commission integrated Transport Institute, has been commissioned by the State Council to participate in China's oil security strategic planning development of the preliminary investigation.　　Commercial inventory ≠ strategic reserve "21st century": what is the composition of China's petroleum reserve System? Cao Xiao?　　: In addition to a number of national strategic reserve Banks identified by the central government, there are no other forms of oil reserves in the country at present. The role of oil reserves is not to calm oil prices, it is to prevent the interruption of oil supply and other crisis conditions in the legislative measures taken.　　In Western countries, the use of oil reserves needs to undergo rigorous vetting procedures, especially national strategic reserves, even the vote of Parliament and the President's signature.　　There is a special case in which national laws expressly require that a particular enterprise must retain a certain amount of petroleum stock as a reserve, which is called an enterprise obligation reserve and should be incorporated into the National reserve sequence, but currently there is no legal provision in this regard.　　"21st century": How to view the current oil storage construction boom? Cao Xiao?　　: In the background, the private operators through the control of warehousing transit facilities, can be in the oil source when the market price to sell oil, so as to obtain price fluctuations resulting in excess profits; but with the refined oil pricing mechanism, the basis of this excess profit is no longer exist. Relying on warehousing and transit services to profit, not only not the majority of private operators, but also with the original intention of their investment, so the investment boom should not continue.　　At present, the two large groups have sufficient capacity to rent a third party storage equipment.The national strategic Reserve will not allow private sector participants, because the central government is very difficult to regulate its regulation, even if they intervene in the national strategic reserves, can only get very little hosting or warehousing rental income.　　Investment space in oil storage "21st century": China's government in the field of petroleum warehousing transit investment in the policy constraints?　　Wang Yu: No plaintext restrictions. Theoretically speaking, the shore line can be built oil port, oil storage and transportation facilities, but who is eligible for investment, who has the qualification for operation, how to distribute income, and there is no clear provisions, completely by the relevant examination and approval department independent measurement.　　Of course, in the actual project construction process, the first must be in line with the urban positioning, regional planning and other established government planning, but the blurred space is even greater. Cao Xiao? : Some oil-producing countries have offered to set up commercial reserves in China to guarantee oil supplies to China in the event of a crisis in its oil industry.　　These oil-producing countries are rich, and their warehouses are not large, but for other reasons, there is no such case.　　Low price and appropriate oil storage "21st century": China's strategic reserves should maintain what level? Cao Xiao? : The 90-day import volume of strategic reserves is the western developed countries, the IEA (International Energy Agency) proposed standards, the IEA is Rich club, their standards are applicable to China's national conditions is questionable.　　After all, in the past few decades, other countries have not even used oil reserves, except for the limited use of strategic reserves by the United States.　　21st century: Under the background of low international oil price, what measures should be taken in China? Cao Xiao?　　: From a long-term point of view, the current low oil prices, is indeed a good time to buy, but the national strategic reserves and business inventory should take different measures.　　From the perspective of national strategic reserves, China's current oil reserves are really low, the proportion of domestic consumption is too small, so the national reserves should be timely increase inventory, in case of need; but from the enterprise level, the storage of excessive oil is expensive, for enterprises, this is not economic. Wang Yu: The state of the Logistics industry adjustment and revitalization of the planning, will be the entire industry to produce sustained guidance and support, enterprises must be based on national policy requirements to adjust the development of ideas, accelerate the pace of development.