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In order to guard against oil supply risks and suppress oil prices, China began planning and building oil reserve bases since 2004. The first batch of four oil reserve bases were built by the oil companies under the pretext of PetroChina, Sinopec and CNOOC. Now that China is planning the second batch of oil reserve bases, private oil companies are eager to step in and are eager to share a share.
It is understood that the rapid development of China's economy has led to the continuous growth of oil demand. In 2007, China’s net oil imports reached 183 million tons, and the dependence on oil imports has reached 50%. At the same time, international crude oil prices have continued to rise and have now exceeded US$110/barrel. It is estimated that China’s oil consumption will increase to 425 million tons and 572 million tons respectively in 2010 and 2020. Due to the limited increase in domestic crude oil production, the dependence on oil imports will reach 55% and 66% respectively.
The Chamber of Commerce of the Petroleum Industry pointed out that in addition to accelerating the construction of government oil reserves and encouraging state-owned oil companies to develop commercial oil reserves, they should also encourage “hoard oil to the peopleâ€, give full play to the strength of private oil companies, and build and build a diversified national oil reserve system. . “Tibetan oil is good for the people†is a major event that benefits the country and the people. It helps reduce domestic fiscal expenditures and lower the national oil reserve cost. It can use private enterprises’ advantages of flexible operation, good information, and small goals to create diversification. The multi-component overseas oil source channel makes the acquisition of oil sources more flexible.
From the perspective of foreign experience, “storage of oil to the people†has become the main direction of oil reserves. Countries and regions such as Europe, the United States, Japan, and South Korea have the participation of commercial oil companies and non-governmental organizations, and they have occupied a lot. Share. In fact, the strength of China’s private oil companies also provides favorable conditions for “storing oil to the peopleâ€. It is understood that there are nearly 60,000 private petroleum companies in China, more than 50,000 gas stations, about 30 million tons of storage capacity and 25 million tons of terminal throughput. Some of the above-scale private oil companies already have the ability to participate in the national oil reserve construction. To this end, the Chamber of Commerce of the Petroleum Industry recommends that private oil companies should be fully considered and supported in participating in the construction of the national oil reserve.
Private oil companies jointly called for "storage of oil in the people"
At present, China is planning to build a second batch of oil reserve bases. During the two sessions, the National Association of Industry and Commerce Petroleum Chamber of Commerce submitted a proposal to the General Assembly calling for the inclusion of private oil companies in the national oil reserve system to further improve the construction of China's oil reserve system.