CNOOC to Build 1,000 LNG Filling Stations in Five Years

The number of gas stations is not a sign of the power of the oil companies. During the 12th Five-Year Plan period, natural gas filling stations for cars have become the fragrant clams for major oil companies. The reporter was informed on July 19, 2011 that Fu Yiping, deputy chief engineer of the CNOOC Transportation New Energy Division, told reporters that CNOOC will build 1,000 LNG refueling stations in the next five years. The cost of removing the land will only be used to build the station. 100 billion or so.

The annual import of nearly 10 million tons of LNG has become a direct cause of CNOOC's planning of 1,000 stations. At present, CNOOC imports 8 million tons of LNG annually, mostly from Australia and Qatar, and CNOOC has built four LNG receiving stations in the coastal provinces of China, located in Shenzhen’s Dapeng Bay, Fujian Putian, Shanghai Yangshan and Zhuhai, Guangdong.

The first problem faced by CNOOC's large-scale import of LNG is how to solve sales problems. On the one hand, domestic natural gas prices are controlled; on the other hand, import gas prices are linked to oil prices. CNOOC PetroChina and other oil companies are facing imported gas prices and domestic gas. The phenomenon of price inversion.

According to the data provided by Zhuo Chuang, the ex-factory price of LNG after CNOOC Shenzhen Dapeng Bay gasification is 4.3 yuan/m3, while the average factory price of West-to-East Gas Pipeline is only 1 yuan/m3, and upstream is 3.3 yuan/ The price difference of cubic meters makes imported natural gas lose first in terms of price. The failure of market price of natural gas terminal makes it difficult for imported natural gas to open up for sale.

The categories of natural gas used by the Development and Reform Commission stipulate that the terminal natural gas prices are regulated and controlled by four types of industries: fertilizer companies, urban industrial and commercial, industrial, and residential. In addition, the price of natural gas for vehicles is accompanied by the market. At present, the price of natural gas for vehicles is 75% of the price of 90# gasoline, and it is the only type of natural gas that is integrated with gasoline and diesel. Fu Yiping said that LNG for vehicles is mainly used for intercity heavy trucks and urban public transportation. According to calculations, a heavy truck driving 500 kilometers, a kilogram of diesel about 8 yuan, a kilogram of domestic LNG is about 3.3 yuan, diesel costs 2500 yuan, while the use of LNG is only 1,500 yuan.

Fu Yiping said that the 1000 LNG refueling stations planned and constructed by CNOOC can consume millions of tons of LNG each year.

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