Shenhua Group plans to introduce a new plan to replace the project in collaboration with Sacyr
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This post was last edited by jordan569 on 2013-1-6 21:40. According to The Wall Street Journal, China’s Ningxia Hui Autonomous Region announced on Friday that Shenhua Group is planning a new coal-to-liquids project to replace the currently slow-moving joint venture with Sasol Ltd. (SSL). Data from the Development and Reform Commission of the Ningxia Hui Autonomous Region, released on Friday by the delegation from that region attending the third session of the 11th National People’s Congress, shows that Shenhua Group is advancing domestic coal-to-oil projects developed through independent research. The Ningxia Development and Reform Commission stated that Shenhua Ningxia Coal Industry Group Co., a subsidiary of Shenhua Group, commissioned Sinopec Engineering Construction Company in September 2009 to prepare a feasibility study report on a domestic R&D project for CTL technology; the first draft was completed at the end of January this year, with the completion of the full feasibility study report planned for March. In this document, dated February of this year and subject to a one-month confidentiality period, the Ningxia Development and Reform Commission cited remarks by Zhang Guobao, Vice Chairman of China’s National Development and Reform Commission and head of the Energy Bureau, stating that \"it is necessary to decide whether to build coal-to-oil facilities on our own, rather than forming a joint venture with Sinopec.\" The information shows that the main reason Shenhua is researching new projects to replace the Sasol joint venture is that Sasol’s decision-making processes and a series of stringent requirements have resulted in very slow progress on the project. Shenhua’s CTL cooperation project with Sasol was proposed in 2000, with a construction scale of 3.85 million tons of synthetic oil per year, and the estimated total investment was 56 billion yuan. Each party holds 50% of the shares. The project submitted an application for approval to the **Energy Bureau in December 2009. China’s **National Development and Reform Commission originally planned to organize an assessment of the Saso cooperation project after the Spring Festival. According to this information, the Sino-Sasco joint venture project is progressing very slowly; based on the current plans, Sino-Sasco is not expected to begin the actual design work until the second half of 2011. This means that even if the project is approved by China, construction might not begin until 2012 at the earliest. In light of this, the Ningxia Development and Reform Commission has postponed the evaluation of the Shaso joint venture project, which was originally scheduled to take place after the Spring Festival. It will wait until the reports on the alternative projects developed independently by Shenhua Group are ready, in order to evaluate both projects simultaneously and introduce domestic technical solutions. . Note $ # , $ $
Core technologies cannot be purchased, especially in industries related to the nation’s economy and people’s livelihoods such as the energy sector; relying on independent research and development and making steady progress is the right approach
Very good, do it by yourself; don’t rely on foreigners
“I know why the decision was made regarding coal-to-oil production: to build it on our own, rather than forming a joint venture with Sasol ! ! I can’t tell you! ! ! It’s even uncertain who will go!
“What does it mean by \"Should we make a decision to build the coal-to-oil facility on our own, rather than forming a joint venture with Sasol\"? Should the punctuation after the previous sentence be “?” ”Huh? Is it still a “?” at the end? ”Huh?
Read it in conjunction with the above; it seems to echo what was said upstairs! Geng Jiahua: Developing coal-to-oil projects to ensure energy security. March 7, 2010, 16:56:53. Source: Xinhua Net. Xinhua Net, Beijing, March 7 – Ren, a deputy to the National People’s Congress and chairman of the board of Yankuang Group, suggested that China should make full use of its relatively abundant coal resources by establishing a number of coal-to-oil projects, in order to optimize the energy structure, improve energy efficiency, and ensure energy security. Geng Jiahuai said that the rapid economic growth in our country has led to an increasing demand for clean liquid fuels. Due to the limited domestic oil resources, our country has become the world’s second-largest oil consumer. According to predictions by relevant agencies, China’s dependence on oil imports will continue to rise, and coupled with the changes in the situation in the Middle East, this poses a serious threat to the strategic security of China’s oil supply. Geng Jiahuai said that accelerating the progress of coal-to-oil projects is of great significance for alleviating the shortage of crude oil resources in China, enhancing the country’s ability to cope with international oil risks, and ensuring China’s strategic energy security. At the same time, unlike the typical coal combustion process, the carbon dioxide produced in the coal-to-oil production process is relatively pure and can be directly recovered for industrial use or sequestration. Developing coal-to-oil technology can also provide new ways to utilize low-quality coal, address the significant environmental pollution problems caused by its traditional use, and meet the growing market demand for clean liquid fuels such as gasoline and diesel. According to Geng Jiahui, industrial demonstration projects for coal liquefaction technology with independent intellectual property rights have been included in the \"11th Five-Year Plan\" for the coal industry, and these projects were launched during that period. At present, China’s coal-to-oil technology has become mature as a result of years of research and development; for example, Yankuang Group has invested a total of 1.1 billion yuan in the research, development, and application of this technology.
That’s right; the technology for synthetic oil development in China is quite good. However, Shenhua has applied this technology on a scale of 180,000 tons per year, so it seems that Shenhua now has solid experience in this area!
I just saw this news as well. Let’s give it support – it’s essential to have core technologies in one’s own hands in order to gain the upper hand. Shenhua started developing catalysts for indirect coal liquefaction on its own several years ago; this was a right move, and I hope it will be successful!
This news is quite interesting – it states that it’s “according to the Wall Street Journal,” rather than being reported by Shenhua or the National Development and Reform Commission officially. Perhaps by the time the feasibility study was completed, SASOL already knew the final outcome, and Shenhua in China was also aware of it. That’s why SASOL reached out to India, while Shenhua remained silent; it still didn’t issue any statement even after its 180,000-tonne production facility started operating. Although the facility had to be shut down temporarily for various unexplained reasons, Shenhua’s official representatives seem to have yet to make any comments, waiting instead for foreign media to report on the matter (although the information certainly comes from within China). This is indeed puzzling. The news leaves something ambiguous – the Ningxia National Development and Reform Commission has postponed the evaluation of the SASOL joint venture project, originally scheduled after the Spring Festival, in order to wait for the completion of the report on the alternative project developed independently by Shenhua Group. Once both projects have been evaluated, a domestic technical solution will be introduced. ”It’s a way of providing a backup in case domestic technology doesn’t work out. Perhaps in ten years, it will be interesting to look back at Shenhua’s decision today, hehe.
With this change in 4# z2h, Yankuang will have great opportunities; it’s very likely that this will support indirect liquefaction processes at Yankuang. I’m not sure if my understanding is correct ? ?
In the case of the Yankuang project, Shenhua is not involved, nor is Ningxia. The Yankuang project was originally planned to be carried out in Yulin, Shaanxi – does it have to start from scratch? This news is all about Shenhua and Ningxia, but as a result of this, it **might affect Yankuang’s access permit.