《大行報告》美銀證券:內地原油加工量創新高 指天然氣供應商正全速增產
美銀證券發表中國石油行業報告,內地大型天然氣生產商正全速增產以應付冬季供暖、工業自今年10月復蘇所帶動的需求,據國家統計局數據,10月天然氣產量繼續激增至16.3bcm(十億立方米),按年及按月各增長12%及11.7%,中國主要天然氣生產商正在提高內地產量,以應對寒冷的冬季臨近以及工業消耗在2020年10月繼續回升的情況下快速增長的需求。
至於原油產出方面,該行指中國今年10月原油加工量創歷史新高,中國生產原油(每日386萬桶)按年增長1.8%(按月跌1.3%),10月中國共加工原油達每日1,410萬桶,按年增長3.4%,並創下新高。而在今年首十個月中國原油加工達每日1,330萬桶,按年增長3.6%。
該行追蹤的中國煉油毛利率(一個月原油價格滯後),於2020年11月按月上漲至7.8美元/桶,對比10月為6.1美元/桶。美銀證券引述《彭博通訊社》報道,中石化(00386.HK)表示有望實現其今年2.41億噸的煉油目標,這意味著2020財年第四季度產出按季上升5%,中石油(00857.HK)還表示不會在今年第四季度削減其煉油廠的整體產出。
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