China-Burma crude oil pipeline accelerates PetroChina wants to borrow power to get through southwest

PetroChina's 60 billion-dollar overseas expansion blueprint, as one of East, west, south and north of the four major oil and gas channels, China-Burma crude oil pipeline construction is accelerating.　　January 11, PetroChina on its official website issued a notice, announced and Qingdao Port Group signed China-Burma crude oil pipeline terminal Operation Strategic Framework agreement.　　According to the PetroChina website, the wharf is located in the western part of Burma's Jiao Drift (Kyaukpyu) port, as one of the supporting facilities of China-Burma crude oil pipeline, PetroChina began construction of the large crude oil terminal in November 2009, and the main project of the wharf ancillary to the pier was completed.　　After China-Kazakhstan crude oil pipeline, Central Asia gas pipeline and the Sino-Russian crude oil pipeline, another important energy import channel, the Sino-Burmese crude oil pipeline has been regarded as the key to solve the Straits of Malacca.　　Data show that the 900-kilometer-long China-Burma crude oil pipeline will start from the West coast of Burma, two-line parallel, via Rakhine, Magui Province, Mandalay and Shan State, from Yunnan Ruili into the country.　　Crude oil pipeline annual design capacity of 22 million tons, natural gas pipeline annual gas capacity of 12 billion cubic meters.　　Last September, China-Burma crude oil pipeline matching project, annual processing capacity of 10 million tons of crude oil refinery plant in Yunnan Anning broke ground, which also marks the China-Burma crude oil pipeline in the formal construction of the domestic section. "Next, PetroChina will continue to sign agreements with other coastal ports, as an important part of China's energy security strategy, the radiation intensity of Sino-Burma crude oil pipeline will be conducive to the diversification of energy supply, especially in the southwest of the oil supply."　　Boqiang, director of China Energy Economics Research Center, Xiamen University, said in an interview with our correspondent.　　To break the Straits of Malacca by way of Burma in fact, as early as 2006, the Sino-Burmese oil pipeline project has surfaced.　　People familiar with the situation, in 2006, during the two sessions, the representative of Yunnan Province submitted a proposal for the first time to build China-Burma oil pipeline, and then the Sino-Burmese oil pipeline project was included in the "Eleven-Five" plan, and the final review of the NDRC. "This pipeline is not just a corporate act of PetroChina, but also a significant source of energy security for the entire country."　　"One of PetroChina's internal management staff in the interview with this reporter pointed out.　　According to the above, PetroChina's four major oil and gas channels, the Central Asian natural gas pipeline and China-Kazakhstan crude oil pipelines undertaken by the most arduous transportation tasks, but compared to China-Kazakhstan crude oil pipelines, the significance of China-Burma pipeline is mainly reflected in the transport route. This reporter learned that at present, China imports about two-thirds of the crude oil through the Straits of Malacca Transport.　　To avoid over-reliance on the route, and to prevent the weight of China's oil imports from concentrating too heavily on the Malacca Strait, the Chinese government has been hoping for a way to get through the great Southwest Corridor as a bridge between China and the world's oil-producing countries through the Indian Ocean, through Burma through China's Yunnan province. "The Malacca Strait crosses Malaysia and Indonesia, the narrowest place is only 2.7 kilometers, any dispute may lead to the closure of the passage, and the construction of China-Burma pipeline, the potentialWill greatly reduce the risk of excessive reliance on the Malacca Strait for Chinese crude imports.　　Said PetroChina.　　At the same time, according to the person also revealed that with the gradual deepening of Sino-Burmese relations, coupled with the construction of transport pipelines, PetroChina's investment in Burma will also increase.　　Public information shows that Myanmar, as the largest area of Southeast Asia's landlocked country, its natural gas reserves are very rich, the current proven reserves of 2.54 trillion cubic meters, ranked tenth in the world. "In China's energy strategy, Myanmar is our Asia-Pacific oil and gas cooperation zone is an important object."　　"Boqiang said.　　This reporter learned that, in addition to PetroChina, the two other major domestic oil and gas enterprises in Myanmar investment has been spread out successively. Sinopec an insider to the reporter disclosed that China Petrochemical Group International Petroleum Engineering Company recently found in central Burma oil and gas fields, estimated reserves of about 25.74 billion cubic meters and 7.16 million barrels of crude oil.　　This is the first time Sinopec has discovered oil and gas fields in Burma.　　It is understood that up to now, China is also in Burma to participate in oil and gas exploration investment in the largest countries. PetroChina to get through the southwest for a long time, the Southwest has a shortage of oil and gas situation. According to the original regional division, the southern market is mainly Sinopec's sphere of influence, while PetroChina has long been entrenched in the north. Restricted by resources, the oil market in southwest China is in short supply.　　According to incomplete statistics, in 2009 only Guangxi, Guizhou, Yunnan province, the three provinces of oil demand of 15 million tons, most rely on North oil south Transport and East oil west to send, transport costs are relatively high. "After the completion of China-Burma crude oil pipeline, not only can we guarantee the supply of oil products in Yunnan, but also radiation to Sichuan, Chongqing, Guizhou, Guangxi and other southwestern provinces, even Hunan, Hubei and other central province, which is undoubtedly an opportunity for PetroChina to enter the southern market."　　"Boqiang said.　　With the completion of the 10 million ton/year oil refining project and the start-up of 10 million ton/year oil refining project in Yunnan Petrochemical Company, PetroChina is a great southwest strategy to relieve oil shortage in southwest China, and it is also considered as a good move of PetroChina in the domestic market competition. People familiar with the matter said: "In the next few years, PetroChina will have several tens of millions of tons of refineries settled in the southwest."　　"And this is bound to aggravate the Southwest and even the entire southern oil market competition pattern." An industry personage analysis, only take Guangxi Petrochemical Refining project as an example, the project reaches the southwest, can supply 8.3 million tons of gasoline, diesel, aviation kerosene, liquefied petroleum gas and other fuels each year, can alleviate the situation of oil shortage in the southwest area greatly, and Yunnan 10 million ton/year oil refining project launches,　　There is no doubt that the strength of PetroChina in the Southwest region has been further expanded. This reporter learned that as the national refining industry "Eleven-Five" planning of the key projects, Guangxi Petrochemical 10 million tons/year oil refining project total investment of 15.1 billion yuan, which is the largest single investment in Guangxi so far project. In addition, the total investment of Yunnan Petrochemical is as high as 23 billion yuan. After the completion of the project, in addition to the realization of annual refining crude oil 10 million tonsOutside, the annual production of ethylene 1 million tons, natural gas 10 billion cubic meters. At the same time, PetroChina Sichuan petrochemical million tons refinery integration project will be put into operation in 2012, and Chongqing tens of thousands of tons of refineries have completed production.