Are you curious about where China’s top diesel fuel comes from? Let’s dive into the heart of China’s diesel supply, exploring the key factories and regions that dominate the industry. From the Bohai Gulf to South China, we’ll uncover the major players and what sets them apart.
Diesel consumption falls in China due to reduced …
Product Details: The article discusses the trends and records in U.S. natural gas-fired electricity generation. On August 2, 2024, natural gas-fired power plants generated 7.1 million MWh of electricity, a new daily record. This increase was driven by hotter weather, low natural gas prices, new combined-cycle generating capacity, and higher generator capacity factors.
Pros:
– Increased efficiency due to new combined-cycle gen…
– Lower natural gas prices making generation more ec…
– Ability to balance the intermittent nature of rene…
Cons:
– Dependence on natural gas prices, which can fluctu…
– Environmental concerns associated with natural gas…
– Potential for decreased natural gas production fro…
Diesel release valve: China poised to save West from …
Product Details: China is poised to release diesel from its strategic reserves to alleviate global shortages. This move is part of China’s efforts to stabilize the global energy market, particularly in the face of rising demand and supply disruptions.
Pros:
– Helps alleviate global diesel shortages, stabilizi…
– Supports economic activities by ensuring a steady…
– Can reduce prices by increasing the global diesel…
Cons:
– May temporarily deplete China’s strategic diesel r…
– Could lead to short-term domestic supply issues in…
– The impact might be limited if global demand conti…
China’s Diesel Demand Likely to Have Peaked as LNG …
Product Details: The rise of LNG-fueled heavy-duty vehicles in China has led to a peak in diesel demand earlier than expected. Chinese LNG-fueled truck sales doubled in the first half of 2024 compared to 2023. This shift is anticipated to displace approximately 380,000 barrels per day of diesel globally by 2025.
Pros:
– Reduced diesel demand can lead to lower greenhouse…
– Increased adoption of LNG-fueled trucks can improv…
Cons:
– The transition to LNG-fueled vehicles requires sig…
– LNG production and transportation can have environ…
China’s diesel demand fell in June by most in three years …
Product Details: The article discusses China’s diesel demand, which fell by 11% year over year to 3.9 million barrels per day in June, marking the largest drop since July 2021. This decline is attributed to a slowdown in China’s property sector and the increasing use of liquefied natural gas (LNG) in heavy-duty trucks. Chinese refineries have seen a 6.1% drop in oil refinery output in July, the fourth consecutive month of decline. The rise of LNG-fueled trucks has been significant, with sales increasing by 307% to 152,000 units last year.
Pros:
– The shift towards LNG-fueled trucks reduces diesel…
– The increased use of LNG could diversify energy so…
Cons:
– The significant decline in diesel demand has had a…
– Chinese refineries are feeling the pressure with r…
Diesel Market Faces Strains in Asia as Chinese Demand …
Product Details: The diesel market in Asia, particularly in China and India, is experiencing significant strains. China, the largest oil importer, is seeing a contraction in diesel demand, while India’s consumption growth has collapsed. This slowdown is impacting the entire region, affecting the profits of refiners who produce diesel from Dubai crude. Refiners’ profits have dropped by more than 40% since the start of the year.
Cons:
– Chinese demand for diesel is contracting, leading…
– India’s consumption growth of diesel has collapsed…
– Refiners’ profits have fallen by more than 40% sin…
– The slowdown could lead to further weakness in cru…
China Diesel Demand Growth Under Pressure
Product Details: The report by BMI analysts discusses the current and forecasted trends in China’s diesel demand. China’s diesel consumption forecast for 2024 has been revised down to 4.0 million barrels per day from 4.1 million barrels per day due to weak demand from economic sectors and a slower economic growth rate. Diesel consumption fell by 11 percent year over year to 3.9 million barrels per day in the first half of 2024. The report also mentions the impact of LNG-fueled and electric vehicles on diesel demand.
Pros:
– Asia’s diesel supply is expected to remain structu…
– Rising competition among diesel exporters such as…
Cons:
– Weak demand from the manufacturing and constructio…
– Growing preference for LNG-fueled heavy-duty vehic…
– Diesel demand could peak before the end of the dec…
– Fuel substitution in the power and industrial sect…
China’s peak oil demand looms
Diesel production per month in China 2021-2024
Product Details: China produced around 16.91 million metric tons of diesel in September 2024. Since 2021, China has notably increased domestic diesel production, with output climbing from 12.92 million metric tons in September 2021 to 18.4 million metric tons in December 2023. The values for January and February are grouped together to curb the influence of the Chinese New Year on the statistic.
Pros:
– Notable increase in domestic diesel production sin…
– Peak production reached 18.4 million metric tons i…
Cons:
– Local lockdowns in Shanghai in spring 2022 resulte…
– Production fluctuations due to the influence of th…
China Diesel: Supply: Production | Economic Indicators
Product Details: The China Diesel: Supply: Production data provides annual statistics on diesel production in China. In 2022, diesel production was reported at 192.901 million tons, an increase from 168.470 million tons in 2021. The data is updated yearly and is categorized under China Premium Database’s Energy Sector, reported by the National Bureau of Statistics.
Pros:
– Provides comprehensive and up-to-date statistics o…
– Helps in tracking annual trends and changes in die…
– Categorized data allows for easy analysis and comp…
Cons:
– Data is limited to annual updates, which may not c…
– Access to detailed historical data may require sub…
– The data does not include additional context or an…
Where China’s Diesel Fuel Exports Are Coming From and …
Product Details: China’s diesel fuel exports originate from three main port groupings: the Bohai Gulf ports (Dalian, Qingdao, and Tianjin), the East-Central ports (Hangzhou, Huangpu, Nanjing, Ningbo, and Shanghai), and the South China ports (Gongbei, Haikou, Nanning, Shenzhen, and Zhanjiang). These ports are adjacent to major refining complexes and administrative areas with significant diesel fuel demand. The main export markets are Singapore and Hong Kong, with Singapore receiving approximately 34% of China’s light gasoil exports between March 2015 and August 2016.
Pros:
– China’s diesel fuel exports benefit from the count…
– Chinese refiners can capitalize on their overcapac…
– The export strategy leverages existing refining ca…
Cons:
– China’s refining system is structurally overbuilt,…
– Domestic diesel demand has peaked or remains stagn…
– Chinese refiners face competition from U.S. Gulf C…
Comparison Table
| Company | Product Details | Pros | Cons | Website |
|---|---|---|---|---|
| Diesel consumption falls in China due to reduced … | The article discusses the trends and records in U.S. natural gas-fired electricity generation. On Au… | – Increased efficiency due to new combined-cycle gen… – Lower natural gas prices making generation… | – Dependence on natural gas prices, which can fluctu… – Environmental concerns associated with nat… | www.eia.gov |
| Diesel release valve: China poised to save West from … | China is poised to release diesel from its strategic reserves to alleviate global shortages. This mo… | – Helps alleviate global diesel shortages, stabilizi… – Supports economic activities by ensuring a… | – May temporarily deplete China’s strategic diesel r… – Could lead to short-term domestic supply i… | www.reuters.com |
| China’s Diesel Demand Likely to Have Peaked as LNG … | The rise of LNG-fueled heavy-duty vehicles in China has led to a peak in diesel demand earlier than… | – Reduced diesel demand can lead to lower greenhouse… – Increased adoption of LNG-fueled trucks ca… | – The transition to LNG-fueled vehicles requires sig… – LNG production and transportation can have… | oilprice.com |
| China’s diesel demand fell in June by most in three years … | The article discusses China’s diesel demand, which fell by 11% year over year to 3.9 million barrels… | – The shift towards LNG-fueled trucks reduces diesel… – The increased use of LNG could diversify e… | – The significant decline in diesel demand has had a… – Chinese refineries are feeling the pressur… | www.reuters.com |
| Diesel Market Faces Strains in Asia as Chinese Demand … | The diesel market in Asia, particularly in China and India, is experiencing significant strains. Chi… | – Chinese demand for diesel is contracting, leading… – India’s consumption growth of diesel has co… | www.bloomberg.com | |
| China Diesel Demand Growth Under Pressure | The report by BMI analysts discusses the current and forecasted trends in China’s diesel demand. Chi… | – Asia’s diesel supply is expected to remain structu… – Rising competition among diesel exporters… | – Weak demand from the manufacturing and constructio… – Growing preference for LNG-fueled heavy-du… | www.rigzone.com |
| China’s peak oil demand looms | www.spglobal.com | |||
| Diesel production per month in China 2021-2024 | China produced around 16.91 million metric tons of diesel in September 2024. Since 2021, China has n… | – Notable increase in domestic diesel production sin… – Peak production reached 18.4 million metri… | – Local lockdowns in Shanghai in spring 2022 resulte… – Production fluctuations due to the influen… | www.statista.com |
| China Diesel: Supply: Production | Economic Indicators | The China Diesel: Supply: Production data provides annual statistics on diesel production in China…. | – Provides comprehensive and up-to-date statistics o… – Helps in tracking annual trends and change… | – Data is limited to annual updates, which may not c… – Access to detailed historical data may req… |
| Where China’s Diesel Fuel Exports Are Coming From and … | China’s diesel fuel exports originate from three main port groupings: the Bohai Gulf ports (Dalian,… | – China’s diesel fuel exports benefit from the count… – Chinese refiners can capitalize on their o… | – China’s refining system is structurally overbuilt,… – Domestic diesel demand has peaked or remai… | www.chinasignpost.com |
