Revelation of the oil in the divestment of coal transport network is the fuse for conflict

Huaxia Times

Divestment of oil in the coal behind: not for its own pipeline used deviated from the original intention for coalbed methane explosion is an independent mining licence

In the increasingly popular field of coal bed methane, China Petroleum (601,857) and Natural Gas Corporation (the oil) with China Coal Group of Companies (hereinafter referred to in the coal) from once a close partner, to be transformed into a strong competitor.

12 years ago, relying on the former oil and gas resources in the field of technology and the development of the latter in the field of mine Shuren, the two national enterprises in accordance with the investment ratio of 50:50, set up in the common coal bed methane limited liability company (hereinafter referred to in the Coal), in the oil and thereafter will be held assets into listed companies.

"Now two shareholders on the reorganization began, in the hope that the oil out of the coal." July 15, general manager of China United Coal Sun Mao Yuan told reporters: "Shareholders should be asked, after the reorganization, I get an interview."

Multi-understand our reporter was informed that the request to withdraw from the oil Yiranjueran in the coal, coal bed methane fields in addition to hope单打独斗, in its coal and coalbed methane in the transport network is also in dispute, the transport network conflict Can be counted as the two sides separated the fuse.

China United Coal will be achieved in the wholly-owned coal

"Once the oil do so out of the coal, coal will be in the sole control of the coal, the results will be announced in a month or two." Sun Mao Yuan to accept the Hong Kong media recently said in an interview.

International cooperation in the coal FU Xiao Hong, deputy director of the Hong Kong media also disclosed that the Hong Kong-listed PetroChina will be held in the coal sale of shares in the coal, coal in a coal in the remaining 50 per cent of the shares.

In the coal insiders confirmed to reporters: "China attaches great importance to coal bed methane in coal mining, even in the absence of oil, coal bed methane in coal fields in the development will still continue. Not only that, in the coal will also increase input power. "

In the coal is China's second largest coal group, and in different oil, coal bed methane in the field of energy into all joint venture companies in the coal on. In the coal insiders said that the exploitation of coalbed methane resources in coal, on the one hand from mine production safety guarantee starting, but also development and utilization of new energy needs.

But in the coal into coal bed methane field was not all smooth sailing, as in previous years, the local coal mine safety work seriously enough, and gas production and mining rights to the conflict in the coal mining areas in the coalbed methane has been difficult.

"From the beginning of 2006, particularly 2007, coal mine accidents occurred one after another, the national coal mine safety accidents in unprecedented attention to it." Coal network analyst Zhaoyu Wei told this reporter: "CBM exploration relatively recent fire. "

Under the current proven the results of coalbed methane resources in China total 31 trillion cubic meters, of which 16 trillion cubic meters have good development prospects, mainly concentrated in Shanxi, Inner Mongolia and Xinjiang and other places, including Shanxi, a province of coalbed methane reserves On the country's reserves of the United States.

According to the plan, by 2020 China's natural gas demand will reach 200 billion cubic meters, nearly 50 percent of the demand will depend on imports, and coal bed methane will become an important supplement to natural gas.

Self-built pipeline intensification of the conflict »

In front of a huge market, the party is rich in coal mining experience, one of the leading oil and gas mining experience, it was almost two is golden partner, 12 contained Jieyuan Why choose breaking up »

"At that time, oil in the hope that the joint venture company owned by the 'West-East Gas Pipeline' and 'Shaanxi-Beijing second-line', transport coal bed methane." Close to the one in the coal told reporters, "but found in the coal, if the walk These two existing gas pipeline, cost-. "

Last year, Sun Mao Yuan in an exclusive interview with this reporter when he said that although the "West-East Gas Pipeline", "Shaanxi-Beijing second-line" via Shanxi Province, in theory, the two coal bed methane can be piped, but because the profit margins compared CBM Low to the "West-East Gas Pipeline" piped cost-per litre CBM take 0.3 to 0.5 yuan costs.

To this end, in the planning of coal self-built pipeline network. According to Sun Mao Yuan, to 2010, China United Coal will build four coal bed methane pipeline, are: client's - Jincheng - Pok Oi (2007),'s end - Changzhi - Lin states - Anyang - Handan (2008), South Korea - Xi'an (2009), Baode - Shaanxi-Beijing (2009), a total length of 675 km and the total design capacity of 2.2 billion cubic meters gas.

"Although can borrow some of coalbed methane natural gas pipeline, but by then, most of these new coal bed methane, mainly through the supply pipe network users." Sun Mao Yuan said.

In the coal and oil is clearly contrary to original intention of cooperation.

"In addition to rich oil and gas excavation mining experience, in the oil pipeline is the biggest competitive advantages." Zhao Yuwei that the divestment of oil go it alone, due to the hands of a few channels - West-East Gas Pipeline, is about 4,200 kilometers, investment Size of over 1,400 billion yuan, is the longest distance in China, the largest diameter gas pipeline, the Tarim Basin in the west round of the South, the North Tower is the starting point for oil, pass through Shaanxi, east to Shanghai. A total investment of 12.9 billion yuan of the Shaanxi-Beijing second-line, the west and Shaanxi Yulin, as Shanxi, Hebei, Beijing to end.

Is an independent oil in the licence application

In addition, in the coal and coalbed methane operations in general in all our energy into the various coal, oil in addition to participation in the coal, is also actively expanding its coal bed methane operations.

In March 28th at the 2007 annual performance in the oil-line investors at the exchange, oil planning in the Ministry of Planning, Deputy Chief Economist Xu Jianmei said that the coalbed methane company is "11th Five-Year Plan" identified the key development of new energy business . By the end of 2007, the company found in the Qinshui Basin of the larger reserves of coal bed methane, a certain production capacity, and launched a 3 billion deal with the side / coal bed methane in a central treatment plant construction, also in oil In preparation for the Junggar Basin, Erdos (600,295) Basin coal bed methane exploration and have achieved initial results and understanding. "11th Five-Year Plan" period, to continue to increase in oil investment in coal bed methane.

July 16, in an internal oil to the press confirmed that the oil in the area of coal bed methane has attached great importance over the past few years in Qinshui Basin, Shanxi Province has invested large amounts of funds, "the current progress is good, now have a few 100 of the wells. "

However, the divestment of the coal, these people said only: "We have just heard in the coal preparation for the shareholders of a reorganization, as a matter of the oil out, could not be confirmed by high-level."

Deserves attention is that the September 24, 2007, the State Council announced on the exploitation of land for oil resources to amend the Ordinance, Article 30 was amended to "external cooperation by the exploitation of coalbed methane resources of coal bed methane limited liability company, designated by the State Council Other companies franchise. "

According to the coal in an internal source, in cooperation with foreign countries, the oil is applied to the Government for independent development of coal bed methane licence.

It seems that in Zhaoyu Wei: "The State Council is appointed by other companies in the oil, otherwise he would not withdraw from."