From the theoretical level, China’s coalbed methane industry has become more mature, but the actual development and utilization is in the initial stage, the industrialization process is slow, still subject to mineral rights overlap, the lack of standards and other constraints. In view of the development and utilization of coalbed methane is of great significance, “13th Five-Year” period to speed up the development and utilization of coalbed methane is imminent.

Coalbed methane is a kind of unconventional natural gas associated with coal, also known as gas gas, the main component is methane (methane content> 85%). Reasonable development and utilization of coalbed methane, to improve China’s energy structure, reduce greenhouse effect, reduce the dependence on oil imports and so on is of great significance.

Coalbed methane

The development and utilization of coalbed methane not only help to solve the environmental pollution, but also to achieve the use of resources, with energy efficiency, safety benefits, environmental benefits and so on.

In particular, in the energy efficiency, coalbed methane clean, convenient, cheap, high calorific value; in terms of safety benefits, to prevent gas accidents; in environmental benefits, coal-bed methane does not produce harmful gases, reducing environmental hazards.

China is the world’s third largest coalbed methane resource, second only to Canada and Russia. It is estimated that China’s coalbed methane resources in about 30 ~ 36.8 trillion m3 or so, mainly in the Ordos, Jinzhongnan region, Turpan-Hami basin, Junggar Basin and so on.

Although the coalbed methane is rich in resources, but the actual development and utilization is lagging behind, according to the prospective industry research institute released the “China CBM industry economic evaluation and investment strategic planning analysis report” statistics, in 2014, China’s total annual output of coalbed methane is about 118 Billion m3, of which the ground pumping capacity of only 2.3 billion m3.

China’s coalbed methane not only the development of limited strength, and direct commercial utilization is low. This is mainly because the use of coalbed methane is the nearest consumption model, and focused on civilian, gas power generation, industrial raw materials and other fields.

On the other hand, the development and utilization of coalbed methane technical barriers, but also lead to industrial development is often blocked one of the important reasons. In the technology can not be completely resolved before the problem, the development and utilization of coalbed methane is still difficult to make great progress.

However, at home and abroad are increasing the development and utilization of coalbed methane technology research, such as has been announced the efficient production technology, coalbed methane catalytic cracking technology. With the technological progress, the development and utilization of coalbed methane is expected to be on the steps.

In general, coalbed methane has a bright future, but the development of more factors, slow progress in industrialization. To this end, China in the 13th Five-Year Plan, will accelerate the development of coalbed methane on a prominent position, and made the 2020 coalbed methane production of 40 billion cubic meters of the target.

The future with the specific implementation of the relevant policies, coalbed gas pipeline network to achieve a wide range of coverage, as well as technological innovation to bring the cost of decline, coalbed methane is expected to move towards rapid development.

May 11 at 24 o’clock, China will usher in the ninth time during the refined oil price adjustment window, the industry forecast the current round of domestic refined oil prices are expected to usher in a more substantial reduction.

Oil production accounted for more than one-third of the world’s OPEC in November 30, 2016 reached a cut agreement. In December the same year, led by Russia more than a dozen non-OPEC oil producers announced the reduction of production. These two production agreements have been implemented since 2017, the implementation period of 6 months.

Today, the implementation of production is nearing completion, but due to the strong recovery of US shale oil, the first half of this year, the situation of global crude oil oversupply did not show significant improvement.

Since mid-April, international oil prices have fallen by more than 13%. May 5, the international oil prices fell to around 45 US dollars a barrel, back to the end of November last year, the level of production before the release.

CICC Energy researcher Guo Zhaohui said the current market for OPEC meeting is expected to pessimistic. Although the early Saudi oil and other oil producers will extend the terms of the agreement, but the market is expected to cut the size of investors may shrink. In the last two weeks, the New York Mercantile Exchange crude oil futures speculative fund net positions fell by 16%.

Recent US disclosure of the data show that shale oil production activity, but also exacerbated the market oversight of crude oil concerns. US oil service company Baker Hughes released data show that as of 5 week, the number of US oil active drilling has increased for 16 weeks, refresh the April 2015 high since. In addition, the US crude oil production and crude oil inventories also reached a record high.

International energy research firm An Xunsi China analysis, the current price adjustment cycle, Libya two oil field to restart, the market is expected to oil supply is still excess, if the current crude oil prices, the current round of steam and diesel prices down about 245 Yuan, it is likely to hit the largest decline in the year.

This year, China has gone through eight rounds of refined oil price cycle, which three times raised, three times down, twice stranded, steam, diesel prices were down 65 yuan per ton. The largest decline in the year occurred at 24:00 on March 28, steam, diesel prices were down 230 yuan per ton and 220 yuan.

CNOOC recently released the news that the first quarter of this year, CNOOC import and export companies completed a total of 548,000 tons of refined oil processing exports, compared with 2816 tons over the same period increased by nearly 270,000 tons.

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For the import and export companies to develop the international market to provide a favorable resource protection, and promote the CNOOC refined oil international trade business further development.

At present, CNOOC’s processing and export of refined oil has covered Hong Kong, the Philippines, Vietnam, Thailand, Singapore and Australia.

Thiourea Dioxide

To further expand the refined oil overseas market business, since the beginning of the year, CNOOC import and export companies continue to increase overseas terminal market development efforts to establish a stable and sustainable relations of cooperation and channels. First, through the public to a number of trading companies to petrol tender way, the company’s petrochemical enterprises to export gasoline to the Singapore market, and then serve the terminal needs; the use of gasoline and diesel assembly to ship exports to reduce the cost of user freight costs , And constantly improve the export efficiency of gasoline.

Sulphamic acid

Second, give full play to Huizhou refining and chemical industry close to the main target of the geographical advantages, signed with the aviation contract partners, the stability of the Hong Kong market share of coal; by foreign oil companies signed a contract to further stabilize the Southeast Asian region Market supply channels. Third, to strengthen cooperation with large international oil companies in Hong Kong retail terminals to achieve low sulfur diesel export efficiency, and further rationalize the Australian diesel sales channels, increase the Australian region’s diesel exports.

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April 19 diammonium phosphate commodity index was 76.06, unchanged from yesterday, compared with the highest point of the week 102.98 points (2011-10-08) fell 26.14%, compared with the lowest point on June 08, 2014 74.24 points rose 2.45% The (Note: cycle refers to 2011-09-01 so far)

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chemical raw material aniline week market volatility is not, North China factories offer up to 50 yuan / ton, factory spot supply, production and marketing of basic stable. MDI downstream obvious conflict, inquiry oriented, just need to save space to discuss a deal, see further news guidelines.

The polymerization of MDI the focus of the market rally, Wanhua increase the supply of steady, has certain influence on the mentality of the market, the drying up atmosphere subsided, traders mentality is not offer stability to actively take the goods; downstream users cautious orders, enthusiasm of the poor. The eastern and Southern China, North China Wanhua PM200 offer in 27000-27200 yuan / ton, Shanghai goods offer in 26700-27000 yuan / ton.

The recent MDI on the whole offer limited volatility in stock trading daily dish is not sufficient, steady, steady and increase the supply of Wanhua, sporadic talks just downstream of the small MDI market is expected next week; offer high narrow finishing.