There are indications that, under a variety of factors, the National Development and Reform Commission has already begun on the coal-to-oil projects and strictly control untied.
According to domestic media reports, recently, the Shenhua Group, 400 million tons of coal liquefaction project in Ningxia and Lu'an Group, 540 million tons of coal liquefaction project has been approved, while the Yitai Group 200 tons indirect coal liquefaction project also has been reported to the National Development and Reform Commission expected to be flagging.
Since August 2008, the National Development and Reform Commission emergency halt coal-to-oil, the country is just Shenhua Group Ordos 108 tons of demonstration projects to continue advancing, and other projects were frozen.
In a long-term follow-coal-to-oil expert opinion, the recent intensive coal liquefaction project release is mainly determined by three major factors, "First Shenhua Ordos 108 million tons, the Lu'an 210,000 tons and Yitai 160,000 tons three running in good condition, since the entry into operation of the coal liquefaction demonstration recent coal prices continued to fall, the economic prospects of the coal-to-oil assured, the current economic situation requires large projects to maintain growth, a huge amount of investment in the coal liquefaction This became the NDRC select the target. "
China Coal Economic Research Center of Central University of Finance and Economics, Professor Xing Lei pointed out that, "The recent approval of the Development and Reform Commission of the few large group of coal-to-oil project Replies will probably decide the future in the field of corporate seating.
Dense approved
Ningdong indirect coal liquefaction project in May this year, in cooperation with Shenhua the world coal oil pioneer Sasol of South Africa to close the office in Beijing, and thus the end of the decade love affair with coal oil cause.
At that time, there Ningxia Coal, told reporters revealed that Shenhua is still actively seeking Ningdong project is expected to be granted in the short term, and sources of technology has changed with the Chinese Academy of Sciences from working with Sasol Coal Chemistry.
Sure enough, three months later, the Shenhua Ningxia Coal 400 tons / year indirect coal liquefaction project has received the relevant government departments through. Ning Dong Energy and Chemical Base in accordance with the development plan, by 2020, coal chemical production Ningdong finished production capacity reaches more than 20 million tons, of which 400 million tons / year coal-to-oil.
Addition to Ningdong project, Shenhua also plans further expansion of the Ordos direct coal liquefaction project.
Qiao Baolin seems Shenhua Erdos coal-to-oil branch deputy party secretary of Shenhua direct liquefaction technology industrialization demonstration is successful, it is necessary to appropriately expand the scale of production, industrialization and the cost of coal-to-oil also is expected to further drop by a third . "
Qiao Baolin said, at present, the Shenhua direct coal liquefaction demonstration project also intends on two lines, the first to reach an annual output of 320 million tons, this expansion plan is Development and Reform Committee, Shenhua direct coal liquefaction liquefaction project in the future scale of construction production of oil 500 million tons.
5.4 million tons of coal liquefaction project almost God Huaning Dong coal liquefaction project approved at the same time, preparations for several years Shanxi Lu'an Group also received the approval of the National Development and Reform Commission.
On August 17, the Shanxi provincial government held a special Lu'an Group's coal-to-oil project will promote the Vice Governor Niu Ren-liang attended.
Lu'an Group planning this year will complete the construction of a 300 tons / year industrialization of coal liquefaction plant, a single set of production capacity will reach 40 million -60 million tons / year. To the end of the "12th Five-Year Plan, the completed construction of the second 300 million tons / year industrial chemical plant, a coal-to-oil production capacity of 7.41 million tons / year, 5.61 million tons / year production (equivalent) scale.
In addition, coal liquefaction project in Inner Mongolia Yitai Group most recently approved.
Qi Yaping, chairman of Inner Mongolia Yitai coal oil companies, said that the company with an annual output of 160,000 tons of indirect coal liquefaction demonstration project running in good condition, with an annual output of 200 million tons already go to the National Development and Reform Commission, the approval process now launched a new. "The feedback information is more optimistic. Recently approved more likely."
Yitai Group's plan for the coal and oil industry, the coal mines - coal oil - Petrochemical extended processing integrated with an annual output of 540 million tons of coal-to-oil production base built into the "second five" final plan.
In addition to the above three forefront of Coal Mine Group, as early as in 1998, began to study the field of coal-to-oil Yankuang Group is also seeking to restart the coal-to-oil program.
Yankuang Group and American Accelergy in Ordos, Inner Mongolia, 3.4 million tons / year direct liquefaction project feasibility study.
Yanzhou Mining Group, a source revealed to reporters, Yankuang Group of 100 million tons of coal liquefaction demonstration project has begun pre-construction. The Yankuang hope coal liquefaction project in 2020 and gradually expanded to 10 million tons / year.
Two major problems
In 2006, the Development and Reform Commission bursts of two bans - "not to approve the annual production scale of less than 3 million tons of coal liquefaction project prior to the completion of the national coal liquefaction development planning, suspend coal liquefaction project approved".
August 4, 2008, the NDRC issued "on the strengthening of the coal liquefaction project management issues related to notice, clearly pointed out the risks of investment in coal liquefaction project," can not rush into action in full swing. In addition to the Shenhua Group Ordos project, stop all other coal-to-oil project approval.
Coal Research Institute, Beijing Coal Chemical Research Branch, vice president Ya-Fei Chen, and the NDRC to recover approval rights has made it clear that "the development of coal-to-oil alternatives have to wait for the pilot and demonstration projects to success to gradually expand. Now, with the decline in coal prices and technical routes open up, coal liquefaction project can bring considerable profits, so gradual and orderly conduct of the new project is a logical move.
Qi Yaping said, With the decline in the price of coal per ton of coal costs have been lower than the beginning of the year at around $ 200, the current the Yitai production of one ton of oil be average net profit of 800 yuan. "If the cost of coal-to-oil maintained at 6300 yuan / ton, Brent oil prices above 77 U.S. dollars / barrel, coal liquefaction project profitable."
Xing Lei, from a purely economic point of view, the coal-to-oil industry prospects indeed optimistic, there are two main obstacles for the future development of the coal-to-oil, environmental pressures, funding pressures.
In accordance with the current coal-to-oil process, you need to consume 4.2 tons of coal and nearly 10 tons of water to produce 1 ton of coal-oil.
"Coal oil water much more than coal production, and waste water containing toxic substances more." A long-term concern to the coal-to-oil experts said, a large coal-to-oil projects almost in a serious water shortage, such as Inner Mongolia, Ningxia, shortage of water resources has become the most important constraints to the development of coal-to-oil.
In addition, the high initial investment required for the development of coal liquefaction has also become a major problem.
In accordance with the the coal liquefaction planning several major Group recently, China's "12th Five-Year" built during the coal-to-oil production capacity of over 20 million tons, conservatively calculated in accordance with the investment of 100 million yuan per million tons of coal oil, domestic coal-to-oil The investment will be at least more than 200 billion yuan.
The Yankuang Group frankly, if you want to achieve the target of 10 million tons, the Group's total investment in the coal liquefaction project will be more than 100 billion yuan, funding problems is not yet clear program how to solve.
