China has formed a complete and packaged system of domestic petroleum refining industry. Till 2020 the demand for petroleum products in China will record a sharp growth. However, China is currently confronted with a s...China has formed a complete and packaged system of domestic petroleum refining industry. Till 2020 the demand for petroleum products in China will record a sharp growth. However, China is currently confronted with a shortage of oil resources, unsatisfactory quality of petroleum products, a widening gap between demand and supply of steam cracking feedstocks, and a stern situation in environmental protection.In this context the petroleum refiners of China, while taking into account the actual conditions, should seek for the way of deep processing to produce transportation fuels and chemical feedstocks that can hardly be replaced by other energy forms, continue to bring into full play FCC process as core process for making finished oil products, speed up the development of hydrocracking to achieve integration between refining and chemical production, adopt measures that can combine feedstock pre-treatment, novel FCC technologies and after-treatment of products to improve the quality of finished products, as well as realize the recycling of wastewater and control over air pollution caused by SOx to accelerate the development of petroleum processing industry in China.展开更多
The recent growth of the global petroleum refining industry and the main technologies and measures for China to process inferior crude oil were introduced. The main technologies and measures include the control over e...The recent growth of the global petroleum refining industry and the main technologies and measures for China to process inferior crude oil were introduced. The main technologies and measures include the control over equipment corrosion induced by sour and acidic crude, in particular the corrosion of atmospheric and vacuum distillation units, the development of technology for processing inferior residue, and the development of desulfurization technology and sulfur recovery technology in the course of processing of petroleum products. In order to meet the needs for national economic development, China’s refining enterprises will uninterruptedly develop and prefect technologies for processing inferior crude, enhance the process and equipment management, sum up the experience for better processing of inferior crude, so as to provide high-quality oil products and petrochemical feedstocks to public with better economic return.展开更多
The paper reviewed the refining and marketing business of both domestic and international oil companies, and tried to figure out the gap of domestic refining enterprises in terms of the refinery scale, processing unil...The paper reviewed the refining and marketing business of both domestic and international oil companies, and tried to figure out the gap of domestic refining enterprises in terms of the refinery scale, processing unil configuration, stream factor and competitive edge as compared to overseas refineries. The paper also concluded that the net margin of domestic refineries is about $ 1.0/bbl lower than that of the overseas refineries, and proposed some ideas to sharpen the competitive edge of Chinese refining industry.展开更多
文摘China has formed a complete and packaged system of domestic petroleum refining industry. Till 2020 the demand for petroleum products in China will record a sharp growth. However, China is currently confronted with a shortage of oil resources, unsatisfactory quality of petroleum products, a widening gap between demand and supply of steam cracking feedstocks, and a stern situation in environmental protection.In this context the petroleum refiners of China, while taking into account the actual conditions, should seek for the way of deep processing to produce transportation fuels and chemical feedstocks that can hardly be replaced by other energy forms, continue to bring into full play FCC process as core process for making finished oil products, speed up the development of hydrocracking to achieve integration between refining and chemical production, adopt measures that can combine feedstock pre-treatment, novel FCC technologies and after-treatment of products to improve the quality of finished products, as well as realize the recycling of wastewater and control over air pollution caused by SOx to accelerate the development of petroleum processing industry in China.
文摘The recent growth of the global petroleum refining industry and the main technologies and measures for China to process inferior crude oil were introduced. The main technologies and measures include the control over equipment corrosion induced by sour and acidic crude, in particular the corrosion of atmospheric and vacuum distillation units, the development of technology for processing inferior residue, and the development of desulfurization technology and sulfur recovery technology in the course of processing of petroleum products. In order to meet the needs for national economic development, China’s refining enterprises will uninterruptedly develop and prefect technologies for processing inferior crude, enhance the process and equipment management, sum up the experience for better processing of inferior crude, so as to provide high-quality oil products and petrochemical feedstocks to public with better economic return.
文摘The paper reviewed the refining and marketing business of both domestic and international oil companies, and tried to figure out the gap of domestic refining enterprises in terms of the refinery scale, processing unil configuration, stream factor and competitive edge as compared to overseas refineries. The paper also concluded that the net margin of domestic refineries is about $ 1.0/bbl lower than that of the overseas refineries, and proposed some ideas to sharpen the competitive edge of Chinese refining industry.
