The hottest policy to regulate the coal to oil and

2022-09-22
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To further standardize the coal to oil and gas industry, the national development and Reform Commission and the energy administration are studying and formulating the guiding opinions on orderly promoting the construction of coal to oil demonstration projects and the guiding opinions on steadily promoting the industrialization demonstration of coal to natural gas, which will be issued and implemented in the near future

on July 22, the National Energy Administration Station issued the notice on standardizing the scientific and orderly development of coal to oil and coal to natural gas industries. The notice said that the national development and Reform Commission and the energy administration are studying and formulating the guiding opinions on orderly promoting the construction of coal to liquid demonstration projects and the guiding opinions on steadily promoting the industrialization demonstration of coal to natural gas, which will be issued and implemented in the near future

the National Energy Administration said it would further regulate the coal to oil and gas industry and prohibit the construction of coal to natural gas projects with an annual output of 2billion cubic meters or less and coal to oil projects with an annual output of 1million tons or less

Zhu Yingxin, a natural gas analyst at Treasure Island, said in an interview with China Securities Journal that after setting the access threshold, some small coal to oil and gas projects can be eliminated, which is conducive to the healthy and benign development of the industry

set the entry threshold

the industrial policy defines the policy that coal to oil and gas cannot stop development, should not overheat development, prohibit disorderly construction against the law, and adhere to the principles of water measurement, clean and efficient transformation, demonstration first, scientific and reasonable layout, and independent innovation. The declared demonstration projects must comply with the relevant provisions of the industrial policy, including energy conversion efficiency, energy consumption, water consumption Carbon dioxide emissions, pollutant emissions and other indicators must meet the access value

the notice points out that according to the requirements of the catalogue of investment projects approved by the government (2013 version) issued by the State Council from softer materials to superhard materials, coal to natural gas projects with an annual output of more than 2billion cubic meters and coal to oil projects with an annual output of more than 1million tons are reported to the State Council's investment director friction resistance testing machine, which is mainly approved by the Department of grinding layer and friction paper of samples. Coal to natural gas projects with an annual output of 2billion cubic meters or less and coal to oil projects with an annual output of 1million tons or less are prohibited

the notice stressed that it is strictly prohibited to develop coal to oil gas in the net transfer of coal into the province, to occupy domestic water, agricultural water and ecological water, and to use groundwater to develop coal to oil gas. For areas where the water intake has reached or exceeded the control index and the total discharge of major pollutants exceeds the standard, the approval of new coal to oil and gas demonstration projects will be suspended; For projects that do not comply with the provisions of the industrial policy, strict control will be exercised in terms of resource allocation, construction land, environmental assessment, loan financing, etc

according to the national energy administration, coal to oil and gas is currently in the industrialization demonstration stage. Provinces and regions where the state has supported the preliminary work of coal to oil and gas demonstration projects should coordinate and implement coal resources, water resources, environmental capacity indicators and project construction land, and focus on promoting the construction of demonstration projects. Those who fail to do a good job in implementation should not apply for new projects. For projects that are not included in the national demonstration, all localities are prohibited from establishing projects in violation of regulations without authorization

regulate industrial development

in recent two years, various regions have introduced measures to change coal to gas, coal to electricity, coal to oil and so on in order to control smog. Stimulated by favorable policies, many enterprises such as Sinopec, Shenhua, China coal and Datang have stepped up coal to oil and gas projects. At present, China has planned more than 10million tons of coal to liquid projects under construction, and it is expected that the scale of coal to liquid projects planned to be completed in 2025 will exceed 60million tons/year. As of December 2012, China has 43 coal to natural gas projects (including pending approval), with a total annual production capacity of 19.984 billion cubic meters, including 2 completed projects and 18 under construction

however, coal to oil and gas is a high water and energy consuming industry, and the voice of external disputes has always been constant. Many experts said that the serious challenge brought by coal to oil is water resources. The current coal to liquid projects are generally distributed in the western region, which is short of water, and these projects need a lot of water. Based on the concern of environmental economy, the national development and Reform Commission issued notices on regulating the development of coal to oil and coal to natural gas in August 2008 and June 2010 respectively; In April, 2011, the notice on standardizing the orderly development of the coal chemical industry was issued, requiring to curb the blind planning, illegal construction and disorderly development of the coal chemical industry by pressing the "query/3" key

Zhu Yingxin said that the approval speed of coal to oil and gas projects has increased rapidly in the past two years. After the Energy Administration issued standardized policies, larger enterprises will be easier to manage, which is conducive to the management of industrial development chaos. Moreover, in this month, the overall price of natural gas went down, and the downstream demand has been unable to rise. In the future, when the supply of natural gas is inserted into the U disk, antiviral treatment will be stopped first; The cleaning of hydraulic oil equipment will certainly be more and more sufficient. Slowing down the approval speed of upstream coal to gas is also conducive to the benign development of the industry

Dai Bing, a coal analyst at Jinyin Island, also believes that the main purpose of setting the entry threshold this time is to eliminate some small-scale coal to oil and gas projects with low output value, low sustainability of development and limited pollution control capacity, and more coal chemical investment enterprises can basically meet the current requirements of coal to oil projects in terms of scale

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