The 600,000-ton methanol project in Haixi, with a total investment of 2 billion yuan, will be completed this year
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It was learned from the Haixi Mongol and Tibetan Autonomous Prefecture that the project of Qinghai Zhonghao Natural Gas Chemical Co., Ltd., which involves an investment of 2 billion yuan and a production capacity of 600,000 tons of methanol per year, is progressing smoothly. It is expected that by May, the construction of the power distribution system, production water system, natural gas supply system outside the plant boundaries, and circulation system will be completed. Following that, testing of the utility systems and individual rotating equipment will begin, along with full-scale mechanical installation; trial production is set to start in October. The 600,000-ton per year methanol production project of Qinghai Zhonghao Natural Gas Chemical Co., Ltd. is a pioneering technology project for comprehensive resource utilization that is supported and encouraged. It represents a large-scale natural gas chemical project aimed at making high-purity methanol from the natural gas resources of the \"Sebei Gas Field\" in the Qaidam Basin, and it has been designated as a key project at the provincial level. Construction of this project began in 2005; upon completion, it is expected to generate annual sales revenue of 2.3 billion yuan, with annual profits and taxes amounting to 130 million yuan.
The project is good; the technologies used are all imported, highly advanced ones. However, it requires a high level of foreign language proficiency from the employees, which is difficult to achieve.
This factory is located in Golmud, Qinghai Province; its administrative offices are situated near ** in Golmud City, while the production area is about 15 kilometers away from the city center. The Golmud Refinery is located next to the production area. The geographical conditions here are quite favorable, offering good prospects for development.
In the current economic climate, it is absolutely impossible to make a profit from producing methanol from natural gas. Currently, the market price of methanol in the northwest region is 1,800 yuan per ton, while the cost of producing methanol from natural gas is as high as 2,300 yuan. How can production continue in such a situation with no profit? So now, **approvals are generally not given for methanol production from natural gas**~
“Construction began in 2005”? ? How many years has it been built? It’s 2009 now. “\"Methanol production from natural gas\"? ? Or “**pilot projects in science and technology for the comprehensive utilization of resources aimed at encouragement and support**” – that’s complete nonsense.
Calculate the calorific value of coal and natural gas, as well as the energy consumption required to produce methanol from each of them. Consider the prices of natural gas and coal, estimate the investment costs for setting up production facilities in either case, and also take into account the production costs. Why do foreign countries use natural gas to produce methanol while we use coal? Moreover, most of the processes used here are from the 1970s and 1980s – old technologies. We rely too much on government policies. I think it would be better to focus on methanol futures rather than investing in coal-based methanol production. **Policy ruined an industry.
DAVY’s process. Last month, I went to Lutianhua and saw the staff from Zhonghao working there.
The project from 2005 has only just been completed now, and there’s still **support – it seems like there’s no support at all!
Is the production of methanol from natural gas supported by policies? ? China’s energy characteristics are an abundance of coal, a shortage of oil, and little natural gas – something even a three-year-old knows. **So why go ahead and support the development of methanol? It’s absurd.** About 1500 nm3 of natural gas is required per ton of methanol ； CNOOC is currently using coal to produce natural gas. Given the uncertain prospects for the methanol market at present, I think those in the oil and gas industry might want to pay attention to the developments in this field ； If we use our coal to produce natural gas, we can resolve the issue of energy balance, and at the same time avoid competition with foreign companies that produce methanol from natural gas. ::lol