Recently released market study: China Oil & Gas Competitive Intelligence Report Q4 2010

Nov. 24, 2010 - PRLog -- State-controlled oil and gas sector. The main government vehicle is CNPC, which owns the majority of quoted company PetroChina. Along with Sinopec and CNOOC, these companies control the majority of upstream and downstream oil/gas assets, although there are a number of joint ventures (JVs) with IOCs.

There has been IOC participation in the upstream segment for many years, but partnerships with the oil majors in petrochemicals, gas transportation and fuels distribution are a more recent development.

PetroChina's oil output in 2009 was 2.31mn b/d, with gas output of 59.8bcm. Its refineries process just under 2.58mn b/d of crude and the company accounts for about a third of the domestic fuels market, with 18,846 service stations.

Sinopec produced 825,000b/d of China's oil and 8.5bcm of gas in 2009. The company refines more than 3.1mn b/d and owns more than 30,000 retail outlets, providing almost two-thirds of the fuels market.

CNOOC produced 510,000b/d of oil and 6.75bcm of gas in 2009. It has acquired upstream assets outside China and is diversifying into petrochemicals and refining.

BP shares in the South China Sea Yacheng-13 and Liu Hua fields, and has 24.5% of Bohai Bay's Qin Huang Dao oil field. Two chains of 500 retail outlets have been set up with PetroChina and Sinopec. BP has 50% of the US$2.7bn Shanghai SECCO ethylene project. It owns a 20% stake in China Aviation Oil.

Royal Dutch Shell has set up a 500-site retail JV with Sinopec. It also has a number of E&P assets in the South China Sea, including the producing Xijiang oil fields. Shell built the US$4.3bn Nanhai petrochemicals complex in partnership with CNOOC. Shell produced 11,000b/d of oil and 2.7bcm of gas in 2009.

ExxonMobil is partner in a 500-site retail JV with Sinopec. Another project with Sinopec may set up 600 outlets in the Fujian Province. ExxonMobil has 25% of the US$3.6bn Fujian integrated petroleum and petrochemicals JV with Sinopec (50%) and Saudi Aramco (25%).

Chevron produces crude from a field in the offshore Pearl River Mouth area. It explores for oil in the South China Sea, has more than 90 service stations throughout China and Hong Kong and operates a 100,000tpa polystyrene plant in Zhangjiagang City.

ConocoPhillips has E&P interests in Bohai Bay and the South China Sea. It also shares in a high-density polyethylene (HDPE) pipe JV with Chevron.

Husky Energy has a 40% working interest in the Wenchang oil fields project and has an exploration agreement for seven exploration blocks in the South China Sea including the Liwan gas discovery.

Statoil operates China's Lufeng 22-1 oil field in the South China Sea.

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Report Table of Contents:

Competitive Landscape Analysis
- Table: Key Players - Chinese Oil And Gas Sector
- Overview/State Role
- Government Policy
- Table: Key Upstream Players
- Table: Key Downstream Players
Company Profiles
- China National Petroleum Corporation (CNPC)
- Market Position
- Strategy
- Latest Development
- PetroChina
- Market Position
- Strategy
- Latest Development
- China Petroleum & Chemical Corporation (Sinopec)
- Market Position
- Strategy
- Latest Developments
- China National Offshore Oil Corporation (CNOOC)
- Market Position
- Strategy
- Latest Developments
- Shell (China) Ltd
- Market Position
- Strategy
- Latest Developments
- BP China
- Market Position
- Strategy
- Latest Developments
- ExxonMobil China
- Market Position
- Strategy
- Latest Developments
- Husky Energy
- Market Position
- Strategy
- Recent Developments
- Chevron
- Market Position
- Strategy
- Latest Developments
- Total
- Market Position
- Strategy
- Latest Developments
- ConocoPhillips - Summary
- Others - Summary
Market Attractiveness Analysis
- China Energy Market Overview
- Oil and Gas Infrastructure
- Oil Refineries
- Table: Refineries In China Of Over 200,000b/d Capacity
- Huizhou Refinery
- Dushanzi Refinery
- Maoming Refinery
- Fujian Refinery
- Qinzhou Refinery
- Ningxia Hui Refinery
- Anning Refinery (Planned)
- Donghai Island Refinery (Planned)
- Tianjin JV Refinery (Proposed)
- Oil Storage Facilities
- Table: China's Strategic Petroleum Reserve
- Table: China's Commercial Oil* Storage Capacity
- Oil Pipelines
- TransPen Pipeline
- ESPO Pipeline
- Myanmar-China Oil Pipeline
- Coal-To-Liquids (CTL) Plants
- LNG Terminals
- Table: LNG Terminals In China
- Shanghai LNG (CNOOC)
- Ningbo LNG (Under Construction)
- Jiangsu LNG (Under Construction)
- Qingdao LNG (Planned)
- Shantou City LNG (Planned)
- Other LNG Projects
- Gas Storage Facilities
- LNG Storage
- Gas Pipelines
- West-East Pipelines
- Sichuan-East China Gas Pipeline
- Myanmar-China Gas Pipeline
- Gas From Russia
- Coal-To-Gas (CTG) Plants
- Fuxin CTG (Liaoning Province)
- Inner Mongolia CTG
SWOT Analysis
- China Business Environment SWOT
Risk-Reward Ratings
- Business Environment Ratings
- Asia Pacific Region
- Composite Scores
- Table: Regional Composite Business Environment Rating
- Upstream Scores
- Table: Regional Upstream Business Environment Rating
- China Upstream Rating - Overview
- China Upstream Rating - Rewards
- China Upstream Rating - Risks
- Downstream Scores
- Table: Regional Downstream Business Environment Rating
- China Downstream Rating - Overview
- China Downstream Rating - Rewards
- China Downstream Rating - Risks
Business Development Directory

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.