An industry review of China petroleum - A market on the rise

  • China will have two large refineries, a joint venture between PetroChina and Saudi Aramco, which will come on stream in 2016-2017. Both refineries are likely to boost China’s net imports of crude by 4%
  • New demand for clean energy sources such as hydro-treated catalytic gasoil to produce gasoline has become the latest trend.
  • There are plans to lift restrictions on oil product retail prices and wholly—owned foreign petrol stations
  • The shift from industrialisation and state investment to urbanisation and internal consumption will result in higher demand for gasoline and gasoil and increase petroleum capacity to 615m tonnes by 2020
Expansion of China’s refining capacity 2011-2020

Expansion of China’s refining capacity 2011-2020

Amidst these developments, China’s petroleum sector looks set for investment opportunities, buoyed by rising transportation fuel demand. China is expected to see its refining capacity increase in the next five years.

Meanwhile, international players have to be more strategic about which demand segments of China’s increasingly competitive petroleum market to leverage in order to achieve greater sales growth, a stronger competitive edge and higher margins.

With a wealth of opportunities in this emerging industry, the ICIS China Petroleum Annual Study offers a comprehensive review of the domestic market, with updates on the latest developments, hot issues and their impact on the global petroleum market. Coupled with a supply/demand outlook up to 2020, the report also comes with quarterly updates to reflect market changes to update your strategy based on the latest on-the-ground intelligence.

Four key issues answered by the report:

  • China’s overall operating rate from 2016-2020
  • Opportunities and challenges in China’s domestic petroleum market
  • Production and margin outlook for domestic producers in H2 2016–2017
  • The performance for each demand segment and its corresponding petroleum consumption outlook for H2 2016-2017

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About ICIS

ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.

With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. Some 350 of ICIS’s staff are journalists engaged in reporting market prices and news, and ICIS is fully committed to upholding the highest journalistic principles of verification, corroboration and authentication. ICIS has a compliance framework that along with its methodologies and business processes adheres to the requirements of the IOSCO PRA Principles.

ICIS is a division of Reed Business Information, part of RELX Group.

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The ICIS China Petroleum Annual Report provides exclusive insights into the country’s rapidly growing oil and petroleum markets by providing an in-depth supply and demand review and outlook for Chinese petroleum. Invest in the study to make better-informed commercial and business decisions and adopt a more comprehensive risk strategy.

Each study provides you with valuable data and intelligence on:

  • Main developments in the Chinese oil industry broken down by key oil products - gasoline, naphtha, gasoil, kerosene and jet fuel
  • Critical supply and demand data and analysis up to 2020 for all petroleum products
  • A detailed analysis of domestic crude production, plus a breakdown of import sources and trends
  • A review of China’s complex refining industry (both state-run and independent)
  • A comparison between regional and international markets
  • A in-depth look at the infrastructure and logistics of China’s oil industry

Enquire about the ICIS China Petroleum Annual Report

China oil webinar: An industry in the re-making

Date: 11 August 2016
Time: 16:00 Singapore time
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Growth in China’s refining capacity is expected to accelerate in the next five years. What does this mean to you and your business? ICIS will be hosting a webinar on 11 August covering all of the following:

  • Market overview in terms of pricing, margin and value chain analysis of key oil products – crude, gasoline and gasoil
  • An in-depth look at China’s refining capacity expansion and distillate exports
  • Import data of crude and mixed aromatics as gasoline blendstock
  • Possible changes in China’s industrial policies
Register your free place now