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Refined oil market faces oversupply risk

 Last Update: 2022-10-06
 Source: Internet
 Author: User

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Sinochem News Network News On June 29, the oil and gas sub-forum of the 2022 Petrochemical Industry Development Conference was held online

At the same time, from the perspective of supply, the supply structure of refined oil has not changed significantly

Xie Chaogang, a senior expert at Sinopec Group, said that in the long run, China's refining capacity is in a new cycle of rapid growth

Ye Haichao, chief expert of Sinopec Petroleum Engineering Technology Research Institute, believes that the implementation of the "dual carbon" strategy will limit the demand for fossil energy.

At the meeting, Dong Dazhong, senior engineer of China Petroleum Exploration and Development Research Institute, and Guo Shengwei, deputy director of CNOOC Energy Economic Research Institute and deputy chairman of the Petroleum and Natural Gas Professional Committee, respectively demonstrated China's energy transformation and development from two aspects of unconventional natural gas and marine energy.

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