Welcome to the official website of Eurasia international energy exchange market management (Jiangsu) Co., Ltd!

Service hotline:

0518-85780823  0518-85688182

金融服务平台
Your current location: Home >> News >> Industry news

ContactContact Us

Eurasia international energy trading market manage

TEL:0518-85780823  

         0518-85688182

E-mail:194923785@qq.com

Web.:en.oygjny.com

Add.:16 / F, Chuangzhi building, 868 Huaguoshan Avenue, Lianyungang Economic  Technological Development Zone


Imported 220 million tons of crude oil in 5 months, China has a high dependence on crude oil? New breakthroughs have been made in oilfield exploration

2021-06-29 H:06:15
second

Petroleum, as an indispensable energy in the industry, because its main components are more, in different temperatures can fractionate out a number of useful substances, therefore, we also called the oil "the blood of industry".


The Middle East accounts for 50 percent of the world's oil reserves, which is one of the reasons why there are so many wars in the region. The Asia-Pacific region has only about 3 per cent of the world's oil reserves. That is why China is a big importer of oil, an exporter.


According to the latest customs data, China imported 7.2 million tons of oil Saudi Arabia in May. In the first five months of this year, China has imported 220 million tons of crude oil, with Saudi Arabia remaining the top oil supplier to China for the ninth consecutive month.


China's oil gas use is difficult to "free", the main reason is the lack of oil gas reserves. Compared with the Middle East, the entire Asia-Pacific region has negligible oil reserves, but something is better than nothing, China's oil field survey has recently brought good news.


On June 18, more than 1 billion tons of oil gas fields were discovered in China's Tarim Basin, which is rich in oil natural gas resources, of which oil reserves accounted for 1/6 of the country's oil, natural gas reached 1/4.


The discovery of a billion tons of oil gas fields is already great news. But, after two days, the oil field survey again came good news!


On June 20, CNPC announced that after more than two years of intensive efforts, the Changqing Oilfield in the Ordos Basin has made a major breakthrough in oil exploration, with proven reserves of more than 1 billion tons of shale oil.


According to a CNPC announcement, the field is the largest shale oil field in China with proven reserves.


In three days, two oil fields with a scale of 1 billion tons were successfully explored. Although there is still a long way to go before "oil freedom", the discovery of these two oil fields has also made a new breakthrough in China's oil gas production.


Many people have heard the phrase "running out of oil" when combined with the fact that there are so many non-renewable sources of oil in the world the limited proven reserves in each country, the regions with little oil will panic.


We should know that in the industrial development of human beings, oil plays an irreplaceable role (for the time being). No matter flying in the sky running on the ground, oil is an important basic energy source. Although the discovery of two oil gas fields with a scale of 1 billion tons is exciting, the reality does change.


China, as a big importer of crude oil, has discovered these two super oil gas fields, but China's crude oil import cannot stop, which only further guarantees China's oil gas output, but does reach the degree of "oil gas freedom".


In 2020, China imported 542 million tons of crude oil, in the first five months of 2021, it imported 220 million tons. In terms of import volume, China's status as a major importer of crude oil has changed.


Among the oil gas discoveries, one is a shale oil field. As the country with the largest reserves of shale oil, the United States has the largest reserves in the world, China ranks second.


Different ordinary oil, the exploitation of shale oil is more difficult. The shale oil in China is mainly distributed in Songliao Basin Ordos Basin, so the exploitation of shale oil in China is more difficult than that in the United States.


For more information about the energy trading platform, please consult Eurasia International Energy Trading Market Management (Jiangsu) Co., Ltd., a manufacturer of financial service platform, storage logistics platform, hazardous chemicals trading license application platform bulk energy trading platform.


Source: International Petroleum Network




Disclaimer: The source of this article is for dissemination only, it does mean that the company agrees with its views is responsible for their authenticity, nor does it constitute any other advice. If you find that there is an infringement of your intellectual property on the official account, please contact our company, we will modify delete in time.


Label

Business scope covers domestic and international crude oil, fuel oil, refined oil, liquefied natural gas, liquefied petroleum gas, asphalt and other bulk energy spot market transactions
Copyright © Eurasia international energy trading market manage All rights reserved 备案号:苏ICP备20030812号
Mainly provideEnergy trading platform, financial service platform, dangerous chemicals business license processing platform,Welcome to inquire!