ESAI: China likely to become net exporter of high-sulfur diesel

By OGJ editors

HOUSTON, Feb. 15 -- China appears likely to become a net exporter of high-sulfur diesel, or gas oil, starting in February and lasting through March, said a report from Energy Security Analysis Inc. (ESAI), Boston.

High-sulfur diesel is China's primary transport fuel and increasingly is being used in electric power generators. Imports surged to 5-year highs in December. During the surge, gas oil imports rose to nearly 125,000 b/d compared with 20,000 b/d during the third quarter, ESAI said.

But now, Chinese imports have slowed dramatically as higher refinery runs largely have met China's domestic demand, said Rick Mueller, ESAI oil manager. He expects Chinese gas oil imports will remain far below their December level through March.

China Petroleum & Chemical Corp. (Sinopec) plans to shift to 500 ppm sulfur in its diesel production by Apr. 1, which "will undoubtedly disrupt gas oil production and raise the call on imports," Mueller said.

Related Articles

Sinopec reveals Fuling field production capacity goals

03/25/2014 Sinopec plans to develop Fuling shale gas field in southwestern China to a production capacity of 10 billion cu m (bcm)/year by 2017, the company s...

IEA: Global oil demand revised upward on stronger data

03/24/2014 Global oil demand in 2013 rose by 1.3 million b/d year-over-year to 91.3 million b/d, according to the latest, near-complete set of demand data for...

Santos brings Peluang gas development on stream

03/24/2014

Santos Ltd., Adelaide, has started natural gas production from its Peluang development offshore the Indonesian island of Java.

Cenovus gets AER approval for Grand Rapids oil sands project

03/21/2014 Cenovus Energy Inc. reported that it has received approval from the Alberta Energy Regulator (AER) for its wholly owned Grand Rapids thermal oil sa...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected