The Tarim Oilfield of China National Petroleum Corporation, China's leading oil and gas producer, has successfully connected a 600,000-kilowatt photovoltaic power generation project to the grid in Northwest China's Xinjiang Uygur autonomous region, according to Science and Technology Daily on Tuesday.
The total installed photovoltaic capacity of the Tarim Oilfield has leapt to 1.3 million kilowatts.
The construction of the PV power generation project begun in May 2023. The project covers a total area of more than 13.3 square kilometers.
The project's annual power generation capacity is estimated to reach 1.04 billion KWH, equivalent to replacing 312,000 tonnes of standard coal and reducing 812,000 tonnes of carbon dioxide annually.
The project is expected to accelerate the oilfield's green transformation while also improving the local power structure.
Tarim Basin, located in Xinjiang, is China's major petroliferous basin, accounting for over 60 percent of the country's total onshore ultra-deep oil and gas resources.
Index | RMB/t | DoD | Basis | Date |
---|---|---|---|---|
Datong 5500 | 700 | 0 | ex-mine | 05-04 |
Shuozhou 5200 | 680 | 0 | FOR | 05-04 |
Ordos 5500 | 700 | 0 | ex-mine | 05-04 |
Yulin 6200 | 780 | 0 | ex-mine | 05-04 |
Liulin Low-sulphur | 900 | 0 | ex-mine | 05-04 |
Gujiao Low-sulphur | 1770 | -50 | FOR | 05-04 |
Xingtai Low-sulphur | 2360 | 0 | ex-Factory | 05-04 |
Yangquan PCI | 1280 | -30 | FOR | 05-04 |
Index | RMB/t | WoW | WoW% | Date |
---|---|---|---|---|
Qinhuangdao | 507.0 | 1.0 | 0.20 | 05-04 |
Caofeidian | 541.0 | 9.0 | 1.69 | 05-04 |
Huanghua | 216.9 | 12.4 | 6.06 | 05-04 |
Guangzhou | 291.2 | 3.0 | 1.04 | 04-27 |
coastal 6PPs | 1629.8 | 44.7 | 2.82 | 07-02 |
North Ports | 2697.8 | 53.0 | 2.00 | 02-01 |
Yangtze River delta | 1242.5 | -74.7 | -5.67 | 02-01 |
South Ports | 2233.4 | -216.0 | -8.82 | 02-01 |