The hottest natural gas market has entered the era

The natural gas market has entered the era of "multi head competition"

on August 31, Su Shulin, general manager of Sinopec Group, announced in Beijing that the national "Eleventh Five Year Plan" key project - the Sichuan East gas transmission project was officially put into commercial operation

insiders believe that the completion and operation of this major energy artery will not only greatly increase Sinopec's market share in the domestic natural gas market, but also form a "dual gas source" competition pattern between PetroChina and Sinopec in the provinces and cities along the pipeline. China's natural gas market, which has long been dominated by PetroChina, will change from this birth

the Sichuan East gas transmission project with a total investment of 62.676 billion yuan starts from Puguang gas field in Dazhou, Sichuan in the West and passes through eight provinces and cities including Sichuan, Chongqing, Hubei, Jiangxi, Anhui, Jiangsu, Zhejiang and Shanghai. The total length of the pipeline is 2170 kilometers, of which the trunk line is 1635 kilometers long, and the designed annual transmission of purified natural gas is 12 billion cubic meters

"this is equivalent to 1/7 of China's natural gas consumption in 2009. After the project is completed, it is expected to increase the sales revenue of Sinopec by 20billion yuan." Cao Yaofeng, deputy general manager of Sinopec Group and General Commander of the Sichuan East gas transmission project, said: "the Sichuan East gas transmission project can be regarded as a milestone in the development of Sinopec's natural gas business"

although Sinopec is the leader of China's petroleum refining and chemical industry, the natural gas business has long been the "short board" of its career development. The industrial scale is not only far smaller than that of PetroChina, but also smaller than that of CNOOC. Data show that China's natural gas production in 2009 totaled 85.42 billion cubic meters. Among them, PetroChina takes the lead with 68.097 billion cubic meters, and the output of CNOOC also reaches 10.7 billion cubic meters. With the completion and operation of the Sichuan East gas transmission project, this market pattern has changed. Sinopec's natural gas share will exceed 20billion cubic meters, and has initially formed five natural gas production bases in Sichuan, Ordos, southern Songliao, Tarim and Bohai Bay, as well as the "two lines and three areas" markets along the Sichuan East gas transmission line, the Yuji pipeline, the northwest, northeast and West Sichuan, covering 17 provinces and cities in China

at a time when the three giants of PetroChina, Sinopec and CNOOC are in the midst of fierce battle in the field of natural gas, the State Council issued the "new 36 articles" in May this year, giving a green light for private capital to enter the construction of oil and gas exploration and development, storage and transportation, and pipeline transmission facilities. Analysts believe that this will make the smoke of competition in China's natural gas market more intense

however, some experts said that because PetroChina has now occupied a dominant position in the natural gas market, especially with the completion and operation of the second west east gas pipeline and the third Shaanxi Beijing gas pipeline at the end of this year, its position as the "leader" of natural gas is short, and the nano modified polyurethane thermal insulation foam developed through hybrid bond reaction is difficult to shake

"anyway, the multi head competition pattern in the natural gas market has been formed. In particular, the operation of Sinopec Sichuan East gas transmission project will mark the arrival of the era of natural gas market competition, which will undoubtedly bring many benefits to the market." The above experts pointed out

Huang Wensheng, director and spokesman of the general office of the board of directors of Sinopec, analyzed the natural gas market with the example that 1. The main engine of this kind of equipment adopts the floor type frame structure of Sichuan East gas transmission. He said that at one end is a deep mountain town located between Bashan and SHUSHUI, and at the other end is China's most economically dynamic Yangtze River Delta. The Sichuan East gas transmission pipeline passes through 8 provinces and cities, and the trunk and branch lines radiate more than 70 cities, thousands of enterprises, and nearly 200million people. After 12billion cubic meters of purified gas are delivered annually, the natural gas supply along the pipeline will increase by 29.1% annually, and the primary consumption structure of clean energy in cities along the pipeline will increase from 3.72% to 4.23%. This is equivalent to providing 14.57 million tons of clean energy of standard coal every year, reducing the emission of carbon dioxide by 16.97 million tons and the emission of harmful substances such as sulfur dioxide by 800000 tons, which will greatly promote the improvement of the ecological environment along the line

"the Sichuan East gas transmission project can also stimulate the investment of about 46billion yuan in Urban Pipelines and natural gas utilization projects along the line." Huang high temperature creep endurance testing machine explained comprehensively, Wen Sheng told, especially some terminal town management construction projects, have also attracted the attention of many private enterprises, providing a platform for private capital to participate in market competition

in addition, the Sichuan East gas transmission project will not only greatly alleviate the tight supply situation in the downstream natural gas market and improve the quality of life of people along the line, but also provide consumers along the line with the choice of "dual gas sources" and "multiple gas sources". In the face of natural gas and liquefied natural gas products provided by different suppliers, consumers can make their own choices according to quality and price. In the future, with the intensification of "multi head competition", the national natural gas pricing mechanism may be forced to reform

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 the content of the shoulder riding method, also known as the parallel method