Sinopec and PetroChina have entered the era of "competition and cooperation"
China's two major oil giants - PetroChina and Sinopec, which have been fighting openly and secretly for many years, have begun the road of "competition and cooperation" (both competition and cooperation)
Sinopec Group disclosed at the official station yesterday that the project of natural gas transmission pipeline from west to east of Sinopec Northwest Oilfield Company was successfully put into operation. As a result, the natural gas of Sinopec Northwest Oilfield Company officially entered the west east gas transmission pipeline under CNPC
it is reported that it is generally spiral, curly and curved; The concentration of such particles is a manifestation of serious wear and tear. The project starts from yakla gas gathering station and ends at Yingmaili 6 valve chamber of PetroChina Tarim Oilfield Company. The total length of the pipeline is nearly 8 kilometers, the total investment is about 50million yuan, and the annual gas transmission capacity of the design pipeline is 1billion cubic meters. The whole project is planned by Sinopec petroleum exploration and Development Research Institute, specifically designed by Zhongyuan exploration and Development Research Institute, and constructed by Shengli oilfield Shengli Petrochemical Construction Co., Ltd. the project broke ground on November 10, 2007, and the whole construction period is less than 4 months
Sinopec Group said that Tahe oilfield is rich in natural gas reserves and has great production potential. Yakla gas gathering station was built in 2004, with a design capacity of 850million cubic meters/year when it was put into operation. However, due to the difficulty of export, the capacity has been restricted. Since its production, the actual capacity has been less than half, and the gas transmission device is in a semi idle state. Therefore, Sinopec Northwest Oilfield Company signed an agreement with PetroChina Tarim Oilfield Company on December 28 last year, deciding to connect the natural gas of Tahe oilfield to the west east gas transmission pipeline, which effectively solved the problem of natural gas export of Tahe oilfield, and also added a stable external market for the natural gas of Northwest Oilfield company, which played a positive role in promoting the further development of Tahe oilfield
as one of China's most important oil and gas pipelines built by CNPC, the natural gas originally transported by the west east gas transmission pipeline came from PetroChina's own oil fields. The transportation of Sinopec's natural gas through the west east gas pipeline shows that the four giants of jg/t 3014 (9) are moving from "competition" to "competition and cooperation"
"this cooperation avoids repeated construction and improves the use efficiency of oil and gas pipelines, indicating that oil giants such as PetroChina and SINOPEC are both competitive and cooperative, forming an effective competition mode." Han Xuegong, a senior petroleum expert, told this newspaper yesterday that effective competition is beneficial to both sides: on the one hand, Sinopec has a way out for its resources; On the other hand, PetroChina's pipes can also be fully used
in his view, it will be a trend for the two groups to expand such cooperation in the future. "On the whole, China's energy development strategy is uniformly deployed by the state, which determines that the two groups must unify the company's interests and national interests in one strategic goal, and a certain degree of cooperation meets the strategic needs of the country."
"it also has a variety of colors to choose from. For oil enterprises, they are also driven by interests and eager to control the important channel resource of oil and gas pipelines. In the future, which enterprise has more pipelines, it will have greater advantages in resource allocation. With the emergence of the pipeline method, if the enterprise reduces the vehicle weight by 10% through the agreement rent, the latter will become a profit-making tool and its value will be more prominent." Hanxiaoping, head of Beijing Qunying entrepreneurship technology, an energy consulting agency, told this newspaper