The expert said that the Malacca Straits has always been an important channel for China’s oil imports, and the total transport volume accounts for 80% of the country’s total oil imports. The Sino-Kazakhstan oil pipeline was successfully docked in Alashankou, Xinjiang in November last year. By December of that year, the oil pipeline was ready for investment. At present, the pipeline has passed to Jinghe County, Xinjiang, 300 kilometers west of Dushanzi Petrochemical Company. Sino-Russian and Sino-Burmese oil pipelines are already under discussion. The first phase of Sino-Russian Pipeline Project is from Trieste in Irkutsk, Russia, to Skovorokinno in Amur State, and is scheduled to be completed in 2008. Skovorokino is only 69 km from the Heilongjiang border. The China-Myanmar oil pipeline is planned to run from Ruili to Myanmar’s Sittwe Port from Kunming to a total length of only 1,000 kilometers. The significance of this pipeline lies in the fact that the oil transportation crisis that was once faced with the obstruction of the Malacca Strait was stopped.
The expert stated that with the sustained and rapid economic and social development, China will become a country that mainly imports oil. Therefore, it is necessary to accelerate the construction of oil resources guarantee capabilities, including the ability to form four major oil import and export corridors to ensure that Reduce transportation risks.
It is understood that in 2005 China's dependence on foreign oil is 42.9%, and China will soon become a country that imports oil. According to current estimates of proven oil reserves and production capacities of major oil fields, domestic crude oil production will have limited growth in the future, and annual production will remain between 180 million and 200 million tons. By 2020, China’s oil consumption will increase to 500 million tons, 300 million tons will need to be imported, and foreign dependence will be as high as 60%, exceeding the current level of 50% in the United States. Therefore, we must speed up the construction of oil resources guarantee capacity.
Energy experts pointed out that in 2005, international oil prices soared and supply risks increased. As a result, the petroleum processing industry, the chemical fiber manufacturing industry, and the chemical raw materials industry all experienced varying degrees of losses and profit reductions. In order to ensure the supply of domestic refined oil, the processing volume of crude oil in 2006 will need to increase by about 15 million tons to reach 300 million tons. A large part of these crude oils will be imported crude oil.
The National Development and Reform Commission “checks†the safety of oil import passages to demonstrate the risks of China-Kazakhstan-China-Burma pipeline and Malacca Strait
On February 14, an expert from the Energy Research Institute of the National Development and Reform Commission confirmed to the reporter that the state is considering the role and construction of the four oil transportation corridors of China-Kazakhstan, China-Russia, China-Burma, and Malacca Straits one by one in order to ensure the safety of China’s oil imports. .