2008-05-13 11:47:00 -
www.chinaccm.com/4s - announces that a new market research report related to the Chinese Petroleum Industry is available in its catalogue.
2007-2008 Annual Report on the Development of China Petroleum Industry
(www.chinaccm.com/4S/4S03/4S0301/news/20080508/161844.asp)
In 2007, supply and demand of crude oil were in balance in the international market. However, due to various factors, the price of crude oil kept rising. In particular, sharp price
hikes since August 2007 had huge impact on the international energy market, international economic situation and related industries. In the first half of 2007, China produced 93.31 million tons of crude oil, with a YOY rise of 1.7%, and 95,972,000 tons of product oil, up 7.2%. The output hit a historical high. Meanwhile, apparent consumption of crude oil and that of product oil hit a historical high, 173 million tons and 106 million tons respectively, up 6.8% and 9.6% from 2006.
China's sustained economic growth requires growing energy supply, which depends on economic growth rate and economic and energy policies in China and the world. In the next five years, with the rapid development of heavy industries, China's demand for energy will grow by 5.1% annually on average. In the long run, as production structure evolves towards fields with low power consumption, demand for petroleum will keep growing steadily.
As a pillar industry in the national economy, China's petroleum industry faces unprecedented opportunities and challenges. To address the fast-growing energy consumption, China is seeking approaches for improving energy policy, tightening industry regulation and improving economic growth methods. In the face of changes and challenges of competition and market, our team releases 2007-2008 Annual Report on the Development of China's Petroleum Industry, which helps the government, domestic and overseas enterprises, investors and industry insiders grasp more accurately the industry's present situation, discern its development trend, and make preparations for possible changes:
In-depth, full and accurate market research data: According to information released by the National Bureau of Statistics, the State Development and Reform Commission, the Ministry of Commerce, and China Petroleum & Chemical Industry Association, on the basis of in-depth research in the domestic and international petroleum industries, the report provides oil prospecting and exploration, oil refinery and sales, and presents forecast of the industry.
All-round and in-depth industry competition analysis: In addition to summing up enterprises' performance in the dimension of market segments, competitive strategy and SWOT analysis, our team leverages its profound understanding of the energy industry to establish a CPM system consisting of 6 items and 31 sub-items, to review the makings of success in the marketplace. It reveals the structure and competition situation in China's petroleum industry.
Scientific and complete forecasts: Through regression modeling and expert verification in major industry segments, the report examines related links in the industry, and presents valuable trend analysis and quantitative forecast result. Moreover, it puts forward relevant development strategies and recommendations for the government, enterprises and investors.
Report Framework
Table of Contents
Research Objects
Main Conclusions
Key Findings
Chapter I Overview of the Global Petroleum Industry in 2007
(I) Present Situation
1. Industry Size
2. Trade
3. Marine Transportation Volume
4. Proved Reserves
5. International Price
(II) Basic Characteristics
1. Fundamental and structural changes in the global petroleum market
2. Upstream field: Higher cost reduces return on investment
3. Oil refining field: more risks, intensified competition, expedited replacement
4. The global petroleum market seeks new balance amid changes
5. Conflicts between oil supply and demand will remain in the first fifty years of the 21st century
(III) Overview of Major Countries
1. Russia
2. Saudi Arabia
3. USA
4. Canada
5. India
Chapter II Overview of China's Petroleum Industry in 2007
(I) Development Environment
1. Macroeconomic Situation
2. Outline of the Eleventh Five-Year Plan for National Economic and Social Development & Impact on the Petroleum Industry
3. Industry Policy
4. Impact of International Oil Price on China's Petroleum Industry
5. New Requirements of Environmental Protection on the Petroleum Industry
6. China's Oil Security Policy
7. Oil Enterprises' Investment System
(II) Present Situation
1. Industry Size
2. Regional Structure
3. Industry Structure
4. Profitability
(III) Development Characteristics
1. With the introduction of a slew of policies, oil exploration and utilization gets into the age of scientific development
2. Major breakthroughs have been made in oil prospecting and development
3. Energy giants return to the A-share market, and the energy sector is emerging in the stock market
4. Resource conservation becomes basic State policy
(IV) Existing Problems
1. Negative Impact of International Oil Prices on the Chinese Economy
2. Numerous Problems with Domestic Oil Prices
3. Prominent Structural Conflicts
4. Excessively Fast Growth of Investment in the Petrochemical Industry
5. Oil Resources in Short Supply
6. Problems with Oil Imports
(V) Industry Segments
1. Petroleum Exploitation: High Oil Prices Generate Good Performance
2. Petroleum Refining: Striving to Integrate Refining and Chemical Industries
3. Petroleum Reserve: Establishing China's Strategic Petroleum Reserve System
4. Petroleum Transport: Establishing Smooth Petroleum Distribution Networks
Chapter III Forecast of China's Petroleum Industry, 2008-2012
(I) Affecting Factors
1. Policy Factor
2. Economic Factor
3. Social Factor
(II) Forecast
1. Size Forecast
2. Structure Forecast
3. Forecast of Regional Structure
4. Forecast of Industry Segments
5. Price Forecast
Chapter IV Development Trend of China's Petroleum Industry, 2008-2012
(I) Trend of Production & Consumption
1. Growth of oil consumption will slow down
2. Ratio of oil supply and demand will continue to rise
3. Energy consumption structure will improve
4. Oil consumption per unit of GDP will drop
5. Industry and transportation will continue to take up a major percentage in oil consumption
(II) Trend of Product
1. Diesel/gasoline ratio will fall
2. Demand for petroleum will grow rapidly in the chemical industry
(III) Trend of Technological Innovation
(IV) Competition Trend
Chapter V Competition Situation in China's Petroleum Industry in 2007
(I) Competition Model
1. Pricing Behavior
2. Order Production Behavior
3. Competitive Behavior
(II) Competition Situation
1. Competition between Domestic Enterprises
2. Competition between Domestic and Foreign Enterprises
3. Potential Entrants & Substitute Products
(III) Leading Vendors' Competitive Strategies
1. PetroChina
2. Sinopec
3. CNOOC
Chapter VI User Requirements Study
(I) Composition of Oil Consumption
1. Affecting Factors
2. Present Situation of Consumption
(II) Related Industries
1. Chemical
2. Agriculture
3. Transportation
(III) Price Expectations
(IV) Limited domestic production capacity compels Chinese oil companies to go abroad
Chapter VII Recommendations
(I) To the Government
1. Improve energy legislation as quickly as possible
2. Get rid of barriers between departments and introduce fuel tax policy
3. Break monopoly by promoting reform of distribution system in the oil market
4. Improve pricing mechanism and gradually leave the pricing of product oil to market forces
5. Expedite institutional innovation and press ahead with the development of the petroleum reserve system
(II) To Enterprises
1. Develop the awareness of global competition
2. Boost competitiveness
3. Grasp key areas in the industry ¨C new energy, advanced materials, and new technologies
(III) To Investors
1. Pay close attention to changes in the industry
2. Pay close attention to oil and gas exploration, especially offshore oil and gas development
3. Pay close attention to China's three leading oil companies, especially China National Offshore Oil Corporation (CNOOC)
Figures
Figure 1 World Petroleum Output, 2003-2007
Figure 2 World's Top Five Oil-Producing Countries in 2006 (by output)
Figure 3 Distribution of Petroleum Reserves Worldwide
Figure 4 World Oil Consumption & Major Consuming Countries
Figure 5 Price Fluctuations in the International Crude Oil Market, 2004-2007
Figure 6 Growth of Demand for Petroleum Worldwide, 1990-2008
Figure 7 Brent Crude Oil & Price Difference with Dubai Crude Oil
Figure 8 Daily Trading Volume of Crude Oil on New York Mercantile Exchange, 1986-2006
Figure 9 Regional Distribution of Investment in the Global Petroleum Industry, 2004-2007
Figure10 Distribution of Investment Fields in the Global Petroleum Industry
Figure11 Comparison of Investment in the Upstream Sector during 2001-2005 and 2006-2010
Figure12 OPEC's Crude Oil Output & Surplus Capacity, 1970-2006
Figure13 Changes in Crude Oil Output in Major Non-OPEC Oil-Producing Countries & Regions, 2003-2007
Figure14 Increase in the Primary Crude Oil Processing Capacity, 2006-2010
Figure15 Crude Oil Output in China's Petroleum Industry, 1997-2007
Figure16 Industry Chain of the Petroleum Industry
Figure17 Structure of Sinopec's Product Oil Distribution in China, 2006-Q1 through Q3 2007
Figure18 Composition of Crude Oil Consumption Departments in 2002
Tables
Table 1 Volume of International Crude Oil Transportation, 1999-2007
Table 2 World's Top Ten Oil-Producing Countries
Table 3 World's Top Ten Oil Consuming Countries
Table 4 Distribution of Oil Output in China, 2003-2007
Table 5 Sales Volume of Oil Products in China, 2001-2007
Table 6 China's Petroleum Resources & Regional Distribution
Table 7 Statistics on China's Net Imports of Crude Oil, 2002-2007
Table 8 Output of Main Products in China's Petroleum & Chemical Industry, 2002-2007
Table 9 Forecast of Regional Supply & Demand for Petroleum in China (unit: 100 million tons)
Table 10 Forecast of Demand for Gasoline, Kerosene and Diesel in 2005 and 2009
Table 11 Forecast of Growth Rate of Petroleum in the Chemical Industry in the Next Few Years
Table 12 SWOT Analysis for China's Leading State-Owned Oil Enterprises
Table 13 SWOT Analysis for China's Leading Private Oil Enterprises
Table 14 Major Events in China's Petroleum Industry in 2007
Table 15 Changes in the Number of Sinopec's Service Stations, 2006-Q1 through Q3 2007
Table 16 Comparison of Growth Rate of Oil Consumption for Gasoline, Kerosene, Diesel and Chemical Product
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Andy,
+86 13520342496
Beijing, China
andy.chinaccm@gmail.com 
