МИНЭНЕРГО РОССИИ - Заместитель Министра энергетики Российской Федерации Анатолий Яновский рассказал в интервью программе «Энергетика» на телеканале РБК о состоянии мирового угольного рынка и роли российских предприятий в международной торговле углём.
Заместитель Министра отметил, что потребление угля в мире ежегодно растёт на 2-2,5%, увеличиваются и объёмы поставок из России. «За двадцатилетний период доля России на международном рынке выросла с 6% до 14%. В этом году мы ожидаем, что экспорт угля из России составит около 200 млн т, это рекордные показатели за всю историю», - отметил замминистра.
Изменяется также вектор поставок. В 90-е годы основными покупателями угля были западные страны, сейчас государства АТР. «Центр потребления смещается в сторону Азиатско-Тихоокеанского региона, по итогам 2017 года примерно 70% мирового потребления угля осуществляется именно в этих странах», - сказал Анатолий Яновский.
По оценкам замминистра, угольная промышленность составляет основу энергетики и продолжит удерживать позиции в ближайшие годы. «Несмотря на то, что за последние десятилетия активно развивается газовая и атомная генерации, идёт активное развитие возобновляемой энергетики, тепловая генерация занимает достаточно устойчивое положение в мире», - отметил Анатолий Яновский.
МИНЭНЕРГО РОССИИ - Президент добавил, что по итогам 2017 года Россия подтвердила свой статус одного из лидеров глобального энергетического рынка: «Мы заняли первое место в мире по объему добычи нефти, второе – по добыче газа. Россия входит в число ведущих стран по объему выработки электроэнергии и добыче угля: по электроэнергии – на четвертом месте, по углю – шестое место в мире». По словам Владимира Путина, в прошлом году сумма инвестиций в отрасли выросла на 10 процентов и составила 3,5 триллиона рублей.
МИНЭНЕРГО РОССИИ - «Страны БРИКС являются одними из самых крупнейших экспортеров, производителей энергоресурсов и потребителей. На долю стран БРИКС приходится почти 40% общемирового потребления энергоресурсов», - отметил замминистра.
PLATTS - China imported 146 million mt of coal and lignite in the first half of 2018, up 9.9% from the previous year and a three-year high, according to preliminary data released Friday by the General Administration of Customs. In June China imported 25.5 million mt of coal, up 17.9% on the year and 14% on the month from 22.3 million mt in May, the data showed.
PLATTS - Russian miner SUEK (Siberian Coal Energy Company) produced 55.6 million mt of coal in the first six months of 2018, which was an increase of 4% on the year, according to a statement from the company late Thursday.
МИНЭНЕРГО РОССИИ - Было отмечено, что отношения России и Китая носят дружественный, добрососедский характер, поступательно развиваются в духе всеобъемлющего стратегического партнёрства: стабильно растет товарооборот, увеличиваются инвестиции.
EIA - The United States exported 97.0 million short tons (MMst) of coal in 2017, a 61% (36.7 MMst) increase from the 2016 level. Exports to Asia more than doubled from 15.7 MMst in 2016 to 32.8 MMst in 2017, although Europe continues to be the largest recipient of U.S. coal exports.
IEA - Coal’s share in the global energy mix is forecast to decline from 27% in 2016 to 26% in 2022 on sluggish demand growth relative to other fuels. Growth through 2022 is concentrated in India, Southeast Asia and a few other countries in Asia. Coal demand declines in Europe, Canada, the United States and China, the largest coal consumer by far, and where we forecast a structural but slow decline with some fluctuations linked to short-term market requirements.
РОССИЯ: БОЛЬШЕ УГЛЯ
PETROCHINA - PetroChina Company Limited ("PetroChina" or "the Company", HKSE: 0857; NYSE: PTR; SSE: 601857) today announced that it achieved better than expected production and operating results in the first half of 2018. The Company took advantage of the favorable market conditions in the increase in international oil prices, steady increase in domestic demand for refined oil products, and strong demand for natural gas, adhered to the principle of sustainable development, and implemented its four major strategies covering resources, markets, internationalization and innovation. It also strived to increase its reserves and output of oil and gas, and stepped up its efforts to create new sources of revenue, eliminate unnecessary expenses, lower costs and boost efficiency. Based on the International Financial Reporting Standards, the Company achieved a revenue of RMB1,109,000 million in the first half of 2018, representing an increase of 13.6% compared to the same period in 2017. Profit from operations was RMB65.891 billion, representing an increase of 80.6% compared to the same period in 2017. Net profit attributable to owners of the Company was RMB27.088 billion, representing an increase of 113.7% compared to the same period in 2017. Basic earnings per share was RMB0.148, representing an increase of RMB0.079 compared to the same period in 2017.
Interim Results Review
All business segments recorded profit from operations. The Company exemplified the principles of market-oriented and efficient operations. It adjusted its production and operating strategy in a timely manner, with its four major business segments all recording a profit during the first half of the year. Among which, the Exploration and Production segment recorded a profit from operations of RMB29.889 billion, representing an increase of RMB22.973 billion compared to the same period in 2017 and regained its dominant position in profit contribution. As a result of the increase in gross margin and processed volume of refined oil, the Refining and Chemicals segment recorded a profit from operations of RMB23.208 billion, representing an increase of RMB7.371 billion year-on-year. Due to unfavorable factors including fierce competition in the domestic refined oil products market and the decrease in gross margin, the Marketing segment achieved a profit from operations of RMB4.485 billion, which was less than the same period in 2017. Due to the strong domestic demand for natural gas, the Natural Gas and Pipeline segment recorded a profit from operations of RMB16.105 billion, representing an increase of RMB2.171 billion year-on-year. During the first half of the year, the average return on invested capital demonstrated a steady recovery, with free cash flow continuing to stay positive. Interest-bearing debts, debt-to-asset ratio and debt-to-capital ratio decreased by 7.0%, 0.7 percentage points and 1.6 percentage points, respectively, compared with the beginning of the year.
Production indicators rose steadily. In the first half of 2018, the Company coordinated its resources allocation, optimized its operations for the oil and gas business chains, discovered and confirmed a number of large-scale, high-quality reserves in China, accelerated the transformation and upgrade of its refining and chemical business, expanded its sales and increased sales volume of refined oil products and natural gas and successfully implemented its new overseas projects, with its core business maintaining a steady momentum. In the first half of the year, output of crude oil recorded 437.7 million barrels, up 0.4% year-on-year. Marketable natural gas output was 1,791.1billion cubic feet, up 3.0% year-on-year. Oil and gas equivalent output recorded 736.3 million barrels, up 1.5% year-on-year. Sales of gasoline, diesel and kerosene reached 90.334 million tons, up 10.7% year-on-year. Sales of natural gas reached 3,580.764 billion cubic feet, with the domestic sales of natural gas realizing a double-digit growth.
Costs and expenses continued to decrease. In the first half of this year, the Company vigorously implemented measures to create new sources of revenue, eliminate unnecessary expenses, lower costs, and boost efficiency, strengthened benchmarking and precise management, continued to improve its market-oriented operational structure, expanded the scope of pilot projects for operational autonomy, and promoted reforms such as internal transfer of mining rights, integrated performance assessment, and reducing headcount. The Company's major cost and expense indicators continued to decline, with unit cash processing cost, oil marketing cost and depreciation and depletion cost decreasing by 0.4%, 0.1% and 1.5% year-on-year, respectively. Excluding the impact of exchange rate fluctuations, oil and gas lifting costs decreased by 1.8% year-on-year.
Driving force for development continued to increase. During the first half of the year, the Company continuously optimized its plan for the last 3 years within the 13th Five-Year Plan by focusing on increasing reserves and output of oil and gas, adjusting of the Company's refining and chemical processes, developing the Company's sales network, boosting natural gas sales volume and efficiency , and optimizing overseas assets, to ensure the sustainable development of the Company. Several key and strategic projects have progressed in a steady and orderly manner.
Future Outlook
Looking to the second half of 2018, the global economy is expected to continue to recover moderately, but with increased uncertainty and imbalance. The international oil market is expected to maintain a delicate balance, and oil prices are expected to remain volatile with downward pressure. The Chinese economy is expected to remain within a reasonable range, with a gradual increase in emphasis on environmental protection. Oil and gas industry reforms are expected to be gradually rolled out, with increased competition within the oil and gas market, particularly the downstream market. In this regard, PetroChina will focus on high-quality development, and benchmark itself against world-class and industry-leading companies. The Company will fully leverage the advantages of its integrated business model, adhere to the principle of sustainable development, step up its efforts to create new sources of revenue, eliminate unnecessary expenses, lower costs, and boost efficiency, and strengthen its oil and gas business chains. The Company will strive to increase its reserves and output of domestic oil and gas, achieve better results from overseas oil and gas cooperation efforts, maintain smooth and optimal operations in its refining and chemical business, focus on boosting sales volume and efficiency of its refined oil products, and ensure the supply, and increase the efficiency, of its natural gas and pipeline business. The Company will also comprehensively strengthen its safety and environmental protection, and risk prevention and control, as well as strengthen reform in its operational structure and promote innovation as a driving force for development.
PetroChina will firmly adhere to its overall strategy, shouldering its role to ensure the energy supply of the nation, further promoting the development of oil and gas exploration, stabilize oil output and increase gas output and efficiency, as well as increase its reserves and output, to dedicate itself to the energy industry and generate returns for its shareholders.
BLOOMBERG - Under the plan, PetroChina would boost buying of spot cargoes from other countries or swap U.S. shipments with other nations in East Asia to avoid paying additional tariffs, said the people, who asked not to be identified because the information isn’t public.
REUTERS - PetroChina Ltd is in advanced discussions with Qatar to purchase liquefied natural gas (LNG) under short- and long-term agreements, three sources with knowledge of the talks said on Wednesday.
PLATTS - "We estimate that Russian crude inflows to China will likely grow by at least 11% in 2018. There will also be additional availability in the seaborne market, as PetroChina will take almost all its barrels through the doubled capacity pipelines," said Wang Zhuwei, senior analyst with S&P Global Platts China Oil Analytics.
PetroChina, China's biggest listed oil company by assets, expected the supply and demand for global oil market would gradually become balanced in 2017 and international oil prices would "recover," the company said late Wednesday in a profits warning for the 2016 annual result.
Net income dropped 98 percent to 531 million yuan ($80 million), the state-run explorer said in a statement to the Hong Kong stock exchange on Wednesday. Revenue fell 15.8 percent to 739 billion yuan. The sale of a Central Asian pipeline network helped the company eke out a profit and recover from its first-ever quarterly loss earlier this year.
PetroChina Co., the nation’s biggest producer, said in March it expects oil and gas output to fall the first time in 17 years as it shuts fields that have “no hope” of turning a profit, while Cnooc Ltd. sees output slipping as much as 5.2 percent this year.
PetroChina Co Ltd on Wednesday said profit fell 70 percent last year as low prices brought down upstream earnings, eclipsing the impact of a jump in natural gas income brought about in part by pipeline consolidation.
