Background Information:
As the world’s second largest oil consumer, China is expected to consume nearly 400-mil mt of petroleum in 2010. Its oil demand, supply, oil trading and transportation have drawn great attention from market players both home and abroad.
The country’s oil storage and logistics industry have still demonstrated robust growth in spite of impact from the international financial tsunami in 2008, which has brought confidence to the market.
To involve in China’s oil market, it is essential to get a better view of the domestic oil logistics infrastructures. Via the C1 China Oil Tanks & Terminals Research 2010, C1 Energy unveils the oil trading flow and consumption features in China market. The research is based on first hand survey on over 700 oil tank farms and related jetties in the country. It sketches the history, status quo and outlook of the country’s oil trading industry.
Features:
* Databank for logistics infrastructure for over 550 oil tanks and related terminals
* Database for nearly 150 new and debottlenecking oil storage projects
* Details about all commercial large and medium oil tanks and terminals in key oil trading hubs in China --- Pearl River Delta, Yangtze Delta, Bohai Ring, & inland oil logistics centers
* Oil tank features and oil trading flows in Pearl River Delta, Yangtze Delta & Bohai Ring
* Bonded oil tank
* Bunker fuel tank
* Strategic petroleum/distillates reserves
* Commercial petroleum/distillates reserves
* Government policies related to oil storage and port transportation* Upper stream and downstream industrial chains
* Detailed oil consumption data
China’s oil storage and logistics industry is still on an upward track, which has attracted investment binge from government, large state-owned enterprises, as well as private funds and foreign capital.
C1’s survey found that China has over 90-mil cu m of tank farms for crude oil, gasoil, gasoline and fuel oil storage. With more than 560 tanks, the country records over 150,000 cu m of average storage capacity for a single oil tank.
In the coming three to five years, the country will see another spree in construction of oil logistics facilities. C1 found that more than 80-mil cu m of oil tanks are under building or planning, taking up 90% of the current total storing capacity. Of these projects, nearly half would kick off construction or preliminary preparation before 2012, while the rest are in feasibility study.
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