Sinopec senior management Guangxi LNG project three strong competition market fear of backwardness

The natural gas price rises, the big supply and demand gap, makes the liquefied natural gas project becomes the oil giant alligator new competition focus. Recently, Wangzhigang, senior vice president of Sinopec, arrived in Guangxi Beihai to understand the LNG project in Guangxi. Such high specifications show Sinopec's emphasis on the project and LNG market. At present, the project is still in the feasibility study phase, and the first phase of the plan to invest 14 billion yuan.　　It is reported that the project's receiving station is 3 160,000 tons of gas storage, located in Tieshangang District, the project is expected to enter the substantive start-up phase this year.　　According to the source of energy data, in April of this year, the apparent consumption of natural gas rose 22.8% to 35.14 billion cubic meters, while the dependence on foreign countries rose by 5.1% from a year earlier, reaching 12.8%. In the face of the huge natural gas market, PetroChina and Sinopec have been involved in LNG projects, trying to change the situation of CNOOC's dominance and snatch more market share. According to industry analysis, Tripod's pattern should appear in 2012 as early as.　　At present, the LNG sector is still only one in the CNOOC, and if the 2011-year oil Jiangsu Rudong Project put into production, 2012 Sinopec Shandong project into production, it is possible to formally form a three-point situation in the world. According to Chanli, an easy trade information gas analyst, "liquefied natural gas plays a complementary role, but with the prospect of natural gas market, as well as the increasing trend of liquefied natural gas imports, more and more attention." "And for the intensive action of the oil companies, she said," China is a huge market for anyone to let go. "