Group 1 - The core viewpoint of the report indicates that China's refining industry is accelerating its high-end transformation, with the self-sufficiency rate of high-end chemical materials exceeding 80% [2][3] - In 2025, China's crude oil production reached a historical high of 216 million tons, while natural gas production (including coal-to-gas) was 263.8 billion cubic meters, marking a continuous increase of over 10 billion cubic meters for nine consecutive years [3] - China's refining capacity reached 939 million tons per year, and ethylene production capacity reached 62.7 million tons per year, both ranking first globally [3] Group 2 - The report forecasts a slight increase in oil consumption and a rebound in natural gas consumption growth in 2026, with an expected addition of 15 million tons per year in crude oil processing capacity, bringing the total capacity to over 950 million tons per year [5] - The demand for new chemical materials is expected to continue rising, driven by three engines: import substitution, emerging industry support, and green circular development, with demand projected to exceed 65 million tons by 2030, averaging a growth rate of 10% per year [5] Group 3 - The global oil and gas market is expected to experience a loose supply-demand relationship in 2025, with Brent crude oil averaging $68.19 per barrel, a year-on-year decrease of 14.62% [8] - The Asia-Pacific region is projected to contribute nearly 80% of global consumption growth, with energy consumption growth in the region at 2.7%, while Europe and Eurasia are expected to see a decline of 2.0% [8] - The report predicts that the global ethylene production capacity will increase by 9.3 million tons per year, with China accounting for 8.05 million tons, further strengthening its position in the petrochemical industry [12]
视频｜油气报告发布 全球油气市场供需宽松 亚洲成核心增长极
Yang Shi Xin Wen Ke Hu Duan·2026-02-04 05:41