Sinopec to Ensure Natural Gas Supply This Winter & Next Spring

Source: www.gulfoilandgas.com 10/26/2023, Location: Asia

The reporter learned from the Sinopec Information Office that Sinopec has given full play to its advantages in upstream, midstream and downstream integration, actively coordinated domestic and foreign natural gas resources, and continued to carry out Jintan, Wei 11, Wen The gas injection work of 9 gas storages including 23rd and 23rd is being carried out in an orderly manner to ensure the supply of natural gas this winter and next spring. As of October 23, Sinopec Natural Gas Branch has formed a gas storage with an effective working gas capacity of over 2.5 billion cubic meters, which can meet the gas needs of 160 million households for one month, laying a solid resource foundation for ensuring supply this winter and next spring.

Raise resources scientifically and rationally. We will make every effort to comprehensively adjust and manage major gas fields such as Puguang Gas Field, Yuanba Gas Field, Fuling Shale Gas Field, and Daniudi Gas Field to maintain stable and increased production of self-produced gas. At the same time, we will continue to expand channels for obtaining high-quality resources, increase resource mobilization efforts, reasonably arrange shipping schedules, make every effort to implement and receive and unload long-term contract resources, make full use of favorable opportunities, carry out spot LNG resource procurement in advance, and improve resource support capabilities.

Make every effort to improve gas storage and peak-shaving capabilities. Strengthen safety management, organize inspection and maintenance of key equipment and facilities in advance to ensure smooth switching of injection and production processes, so that the gas production volume available in peak months reaches 20 million cubic meters per day. We will accelerate the construction of a total of four LNG storage tanks at our own LNG receiving stations in Qingdao and Tianjin, and strive to put them into operation before the guaranteed supply season this winter and next spring, effectively ensuring that the people in the areas where they are supplied will have a warm winter.

Meet market demand in advance. In order to enhance the ability to adjust the natural gas market during the heating season, Sinopec has fully studied and judged the market situation, contacted customers one by one based on actual conditions to determine the gas demand for this winter and next spring, clarified the gas consumption scale and peak load regulation needs of downstream users, and coordinated and optimized the resource allocation plan for the heating season. At the same time, we will further unblock channels, increase communication with the national pipeline network company, make full use of the resource allocation role of "one national network", implement the routing and transmission capabilities of resource export pipelines, and ensure the smooth export of all resources.

Develop a thorough emergency plan. In accordance with the principle of "protecting people's livelihood, protecting key points, and ensuring safety", we will strengthen daily inspections of infrastructure such as LNG receiving stations and gas transmission stations to ensure that the external environment is safe and controlled. At the same time, we pay close attention to changes in weather and market demand, maintain contact with customers, focus on the coordination and optimization of resources, and compile and improve relevant emergency plans to ensure timely warning and accurate response in extreme situations, and effectively guarantee gas consumption in key markets, emergency periods, and people's livelihood. need.


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