What important policies have been released in the general machinery field this week (May 15-21, 2023)? What big news happened?
On May 14, CNOOC announced that the world's largest offshore LNG receiving station has successfully completed its first ship Unloading and pipeline ventilation have entered the trial operation stage. Once completed, the project will significantly increase the proportion of clean energy power generation in Hong Kong and is of great significance to optimizing the energy structure of the Guangdong-Hong Kong-Macao Greater Bay Area.
The Hong Kong LNG project is the largest offshore energy infrastructure construction project in the Hong Kong Special Administrative Region in recent years. It mainly includes a LNG receiving terminal, a two-berth offshore terminal and two submarine pipelines. As the world's first offshore all-steel structure dual-berth receiving station, it can accommodate two of the world's largest floating storage and regasification units or LNG carriers for simultaneous berthing operations. After the liquefied natural gas is transported to the terminal, it can be transported to two large power plants in Hong Kong through submarine pipelines to provide them with stable and clean power generation fuel.
The world’s largest green hydrogen project enters the sprint stage < /div>
The construction of the Sinopec Xinjiang Kuqa Green Hydrogen Demonstration Project, the largest photovoltaic hydrogen production project under construction in the world, has entered the final sprint stage and is scheduled to be put into operation on June 30. On May 16, at the construction site of the electrolyzed water hydrogen production device of the Sinopec Xinjiang Kuqa Green Hydrogen Demonstration Project, construction workers were stepping up construction and were completing the final work of instrument connection, pipeline anti-corrosion, and auxiliary facility repair. It will be May 30 The entire set of facilities will be put into trial production on the same day.
Sinopec Xinjiang Kuqa Green Hydrogen Demonstration Project officially started construction on November 30, 2021, including three parts: hydrogen production project, power transmission and transformation lines, and 300 MW photovoltaic power plant , the project uses an electrolysis water hydrogen production process. The hydrogen production plant’s annual power consumption is about 1 billion kilowatt hours, and the hydrogen storage scale is about 210,000 standard cubic meters. The green hydrogen produced by the project is boosted by hydrogen storage tanks and compressors and then transported to Tahe Refining through the million-ton ethylene inter-plant pipeline corridor. All of it will be used for hydrogenation in oil refining production, replacing the original natural gas hydrogen production. Since the start of construction, the project has been constructed scientifically in strict accordance with the project nodes, and the investment has been completed2.6 billion yuan, the factory buildings and auxiliary facilities have been completed, all the equipment has been installed, and debugging is being carried out step by step.
03
China Petroleum Daqing Petrochemical Carbon Dioxide Recovery Project was completed by CCCC
China Petroleum Daqing Petrochemical Company announced on May 16 that the company’s key environmental protection project, the 400,000 tons/year high-concentration carbon dioxide recovery project, has been fully completed by CCCC. This project reuses the carbon dioxide compressor of the urea unit, and installs a dryer at the outlet of the second stage of the carbon dioxide compressor. The dried and dehydrated carbon dioxide is boosted to 14.7MPa through the third and fourth stages of the compressor, and the by-product gas of the ammonia synthesis unit is converted into High-purity carbon dioxide with a volume ratio of more than 99% enables waste utilization.
At present, in addition to this project, Daqing Petrochemical Company is planning to build a thermal power plant with a capacity of 1 million tons/year and a refinery with a capacity of 1 million tons/year of low-concentration carbon source carbon dioxide recovery projects.
04
my country’s largest dynamic positioning floating platform has been installed
On May 13, in the eastern waters of the South China Sea, the upper module and jacket of the Enping 20-4 drilling platform weighing more than 15,000 tons were installed, creating a dynamic positioning floatation for domestic offshore oil and gas platforms. The new installation weight record fills the gap in my country's independent design and installation technology of dynamic positioning floats, which is of great significance to ensuring national security and building a maritime power.
Since the weight of the upper module of the platform exceeds the capacity limit of domestic offshore floating cranes, power floating technology is used for offshore installation. The floatover installation cleverly utilizes the natural force of sea tides and the precise load adjustment of the ship to complete the installation in a manner similar to the "clean and jerk" of a weightlifter. Dynamic positioning floatation is a new type of installation technology. Taking the installation of the Enping 20-4 platform as an example, this method can double the platform transportation speed, and the climate window required for offshore installation operations can be shortened from 48 hours to 24 hours. The efficiency has been greatly improved and the construction speed of offshore oil fields has been accelerated.
05
my country’s first cross-border RMB-settled LNG vessel completed loading and unloading< br />
On May 16, we learned from CNOOC that after 26.5 hours of on-site operations, the liquefied natural gas (LNG) carrier "Malvern" from the UAE, a GCC country, was successfully docked in CNOOC Guangdong. Dapeng LNG receiving terminal completed loading and unloading. This cargo is my country’s first imported liquefied natural gas settled in RMB, marking a substantial step in my country’s exploration of cross-border RMB settlement transactions in the field of oil and gas trade.
Data from the General Administration of Customs show that in 2022, my country will import more than 500 million tons of crude oil and more than 100 million tons of natural gas, of which LNG imports will be 63.44 million tons. As the international market's acceptance of RMB increases, the conditions for oil and gas trade parties to try to use RMB for settlement are becoming increasingly mature.
International Chapter
01
The United Nations released the "World Economic Situation and Prospects for Mid-Term 2023"
On May 16, local time, the United Nations released the "World Economic Situation and Prospects for Mid-term 2023" report , showing that prospects for a strong global economic recovery remain dim amid rising inflation, interest rates and heightened uncertainty. The world economy still faces the risk of long-term low growth due to the ongoing impact of the COVID-19 epidemic, the worsening impact of climate change and macroeconomic structural challenges.
According to the report, the world economy is expected to grow by 2.3% in 2023 (an increase of 0.4 percentage points from the January forecast) and by 2.5% in 2024. According to the report, China's economic growth rate this year was raised to 5.3%, the United States' economic growth rate was raised to 1.1%, and the European Union's economy is expected to grow by 0.9%.
02
The EU raises its economic growth forecast for the EU and the Eurozone this year and next< br />
The European Commission released its 2023 Spring Economic Outlook Report on May 15, saying that due to falling energy prices, improvement in supply bottlenecks, and strong labor market performance, the Commission decided to raise the EU and next year’s economic outlook. Eurozone economic growth expectations.
The report predicts that the EU economy will grow by 1.0% and 1.7% respectively in 2023 and 2024, which is better than in February this year.The Winter Outlook report predicts 0.8% and 1.6%, while the euro zone economy will grow by 1.1% and 1.6% respectively this year and next.
Gentiloni, the European Commission Commissioner for Economic Affairs, said at a press conference that the EU’s economic prospects are better than expected, but downside risks have increased. A higher-than-expected core inflation rate will lead to a stronger monetary policy response, which will have a wide-ranging macroeconomic impact on investment and consumption.
03
The European "Nuclear Alliance" draws up a "roadmap" for the development of nuclear energy in Europe
On May 16, local time, the European “Nuclear Alliance” member states held a meeting in Paris to draw up a “roadmap” for the development of European nuclear energy. It is expected that by 2050, the EU’s nuclear power installed capacity will Increased from the current 100 GW to 150 GW. Convened by the French Ministry of Energy Transformation, 14 European "Nuclear Alliance" member states including Belgium and Bulgaria sent representatives to attend the meeting that day. Italy, which has observer status, and the United Kingdom, which is a guest country, also sent representatives to attend.
According to the press release issued by the French Ministry of Energy Transformation on the same day, this meeting mainly discussed two topics: first, how to establish an independent European nuclear supply chain; second, the conditions for the revival of the European nuclear industry . Participants signed a joint statement calling for the development of a European action plan to promote cooperation in technology, innovation, safety standards and other aspects of the nuclear energy sector.
(Excerpt)
Original title: General Machinery Industry Weekly News Review (May 15-21, 2023)
