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Sinopec plans to supply more than 20 billion cubic meters of natural gas this winter and next spring

Gao Ge, reporter from Economic Observer Network, on November 15, Sinopec News Office stated that Sinopec planned to supply more than 20 billion cubic meters of natural gas to the market in the warm season of winter and next spring, a year-on-year increase of 5.3%, of which the supply to seven northern provinces and cities increased by about 10% year-on-year . The seven northern provinces generally refer to Beijing, Tianjin, Shandong, Shanxi, Shaanxi, Hebei and Henan.

Sinopec mainly focuses on five aspects: First, increase resource mobilization efforts. During the heating season, Sinopec's main gas fields such as Puguang, Yuanba, Fuling, Weirong, and Daniudi will fully release production capacity and are expected to supply natural gas More than 13 billion cubic meters; in terms of spot resource procurement, Sinopec Tianjin and Qingdao LNG receiving stations will realize full load unloading. Sinopec stated that it will make full use of the fair and open LNG receiving stations of the National Pipeline Network Corporation, and it is expected to receive more than 9 billion cubic meters of imported LNG resources.

The second is the implementation of gas storage and peak shaving capabilities. In accordance with the requirement of "full storage", Sinopec's Wen 96 and Jintan gas storages in operation have been fully filled; the Wen 23 gas storage, which has been handed over to the National Pipeline Network Company, has been injected at full capacity in the first three quarters , It is expected to form a working gas volume of more than 1 billion cubic meters. Qingdao and Tianjin LNG receiving stations are making every effort to boost tank storage and reserve peak-shaving resources.

In terms of market demand, Sinopec stated that it has signed user supply contracts in advance, and based on the analysis of weather conditions, market changes and user needs, it has optimized the gas structure, product structure and resource flow.

In terms of fulfilling the responsibility of guaranteeing supply, a peak-shaving agreement with direct-supplied industrial users has been signed, "to ensure timely early warning and accurate response in extreme cases, and to meet key markets, emergency periods, and people's livelihood gas needs."

At the interconnection level, the "three barrels of oil" and related units have established a mutual guarantee and mutual supply mechanism to achieve the purpose of broadening resource acquisition channels and enhancing supply capabilities to local markets.

The new change lies in the change of the supply guarantee operation mechanism. After the oil and gas pipeline network facilities are separated from the "three barrels of oil", the main responsibility for supply guarantee is transferred from PetroChina, which requires contact and coordination by multiple parties.

Sinopec stated that it will strengthen coordination and communication with the national pipeline network company. At present, the two parties are smoothly connected in the upstream, midstream and downstream processes of "resources-facilities-market", in order to play the role of "one national network" in resource allocation and Wen 23 and other main reserves in the heating season. The peaking effect of gas facilities.

Regarding the prediction of the supply and demand of natural gas resources this winter, Meng Wei, spokesperson of the National Development and Reform Commission, said at a regular press conference in October that, in general, the supply of natural gas resources is relatively sufficient, and the balance between supply and demand is generally better than in previous years. However, considering the peak periods of gas consumption in December this year and January next year, there may be tight supply in some areas and some time periods. Affected by uncertain factors such as large-scale continuous extreme cold weather, the work of ensuring supply is still facing certain pressure.

After entering the heating season, the price of liquefied natural gas (LNG) has been rising all the way. According to the LNG benchmark price calculated by Zhuo Chuang Information, as of November 14, the national benchmark price is 4140 yuan / ton, compared with the price of 3096 yuan / ton on October 14 The increase is obvious, but according to the high price of 4618 yuan / ton that appeared in December last year, there is still a certain distance.