
By Winnie Zhu
Oct. 20 (Bloomberg) — China’s refining capacity will rise at almost twice the pace of demand growth this year, curtailing the need for the world’s second-biggest energy user to boost imports that are at a seven-month low.
The nation’s annual crude-processing capacity may climb 9.6 percent to 434.05 million metric tons, or 8.7 million barrels a day, this year, Bloomberg calculations based on previously announced expansions show. Fuel use may increase 5 percent in 2008, said Tian Chunrong, a senior engineer withChina Petroleum & Chemical Corp., the nation’s biggest refiner.
The world’s fourth-biggest economy is expanding processing capacity to meet demand and reduce a reliance on imports. The nation suffered the worst fuel shortage in at least two years last summer as consumption growth outpaced output.
“The government started a new round of capacity expansions in 2005 to avoid fuel deficits,” Tian said.
Refining capacity at PetroChina Co., Sinopec, as China Petroleum is known, and Cnooc Ltd., may rise about 4.3 percent to 452.55 million tons in 2009 and 5.97 percent to 479.55 million tons in 2010, according to the Bloomberg calculations.
PetroChina, the nation’s second-biggest refiner, and Sinopec account for about 80 percent of the nation’s total processing capacity while privately-run plants, or so-called teapot refineries, run the rest.
Oil Demand
China’s crude-oil demand may rise 5 percent to 8.4 million barrels a day in 2009, the International Energy Agency said Oct. 10. The nation will surpass the U.S. as the world’s biggest energy consumer in about five years, Royal Dutch Shell Plc said in September.
Fuel imports may drop next year, Tian said Sept. 24. Oil- product imports may rise to 47 million tons this year, he said then.
China cut diesel and gasoline imports to the lowest in seven months in September after a slowing economy eased demand, customs figures showed Oct. 17.
The country may become self-sufficient in fuel supplies by 2013 after domestic refinery expansions, Yang Weijun, deputy director of planning and petrochemicals at PetroChina‘s Planning and Engineering Institute, said Sept. 25.
Please see attached tables showing expansion plans of Chinese refineries by 2012.
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































