Summary
China Refining Industry To 2013: Investment Opportunities, Analysis and Forecasts of All Active and Planned Refineries is a comprehensive report on China's refining industry. The report provides asset details with in-depth coverage of crude distillation capacity and other major unit capacities of all the refineries in the country. Planned refineries and major unit expansions announced by the companies or the government have also been included in this report. This report also gives detailed information on the two leading refining companies along with highlights of the latest deals and developments in the refining industry in China

Scope
Updated information relating to the refinery industry in China
Provides information on all the active and planned refineries in China
Detailed information on all the refinery assets in China, which includes operator names and historical and forecasted crude distillation, coking, fluid catalytic and hydrocracking capacities between 2000 and 2013
Detailed business description, strategic analysis and financial information of the major refining companies in China
Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs from related deals and latest developments.

Reasons to buy
Obtain the most up to date information available on the refining industry in China
Identify growth segments and opportunities in China's refining industry
Assess your competitor's refining operations in China
Understand and respond to your competitors business structure, strategy and prospects in China's refining industry
Develop strategies based on the latest operational, financial, and regulatory events of the major refining companies in China from related latest deals and developments
Identify and analyze the strengths and weaknesses of the major refining companies in China.

Table of Contents
1 Table Of Contents
1 Table Of Contents 2
1.1 List Of Tables 7
1.2 List Of Figures 9
2 Introduction 10
2.1 What is This Report About? 10
2.2 How to Use This Report? 10
2.3 Market Definition 10
3 China Refining Industry 11
3.1 China Refining Industry, Overview 11
3.1.1 China Refining Industry, Key Data 11
3.2 China Refining Industry, Total Refining Capacity 11
3.3 China Refining Industry, Unit Capacities 13
3.3.1 Refining Industry in China, Crude Distillation Unit Capacity 13
3.3.2 Refining Industry In China, Coking Capacity 17
3.3.3 Refining Industry in China, Fluid Catalytic Cracking Capacity 19
3.3.4 Refining Industry in China, Hydrocracking Capacity 22
3.4 China Refining Industry, Planned Refineries 23
3.4.1 Refining Industry in China, Crude Distillation Unit Capacity, Planned Refineries 23
4 Profile of China Petroleum & Chemical Corporation 24
4.1 China Petroleum & Chemical Corporation, Key Information 24
4.2 China Petroleum & Chemical Corporation, Company Overview 24
4.3 China Petroleum & Chemical Corporation, Business Description 24
4.3.1 China Petroleum & Chemical Corporation, Business Description, Business Overview 24
4.3.2 China Petroleum & Chemical Corporation, Business Description, Chemicals 24
4.3.3 China Petroleum & Chemical Corporation, Business Description, Exploration and Production 26
4.3.4 China Petroleum & Chemical Corporation, Business Description, Marketing and Distribution 27
4.3.5 China Petroleum & Chemical Corporation, Business Description, Refining 28
4.3.6 China Petroleum & Chemical Corporation, Business Description, Major Products and Services 30
4.4 China Petroleum & Chemical Corporation, Value Chain Analysis 32
4.4.1 China Petroleum & Chemical Corporation, Value Chain Analysis, Upstream 32
4.4.2 China Petroleum & Chemical Corporation, Value Chain Analysis, Midstream 33
4.4.3 China Petroleum & Chemical Corporation, Value Chain Analysis, Downstream 33
4.4.4 China Petroleum & Chemical Corporation, Value Chain Analysis, Retail 34
4.5 China Petroleum & Chemical Corporation, SWOT Analysis 35
4.5.1 China Petroleum & Chemical Corporation, SWOT Analysis, Overview 35
4.5.2 China Petroleum & Chemical Corporation, SWOT Analysis, Strengths 36
4.5.3 China Petroleum & Chemical Corporation, SWOT Analysis, Weaknesses 36
4.5.4 China Petroleum & Chemical Corporation, SWOT Analysis, Opportunities 37
4.5.5 China Petroleum & Chemical Corporation, SWOT Analysis, Threats 38
4.6 China Petroleum & Chemical Corporation, Revenue Analysis 39
4.6.1 China Petroleum & Chemical Corporation, Revenue by Segment 39
4.7 China Petroleum & Chemical Corporation, Financial and Operational Review 40
4.7.1 Financial Statements 40
4.7.2 Financial Ratios 41
5 Profile of PetroChina Company Limited 42
5.1 PetroChina Company Limited, Key Information 42
5.2 PetroChina Company Limited, Company Overview 42
5.3 PetroChina Company Limited, Business Description 42
5.3.1 PetroChina Company Limited, Business Description, Business Overview 42
5.3.2 PetroChina Company Limited, Business Description, Chemicals and Marketing 43
5.3.3 PetroChina Company Limited, Business Description, Exploration and Production 44
5.3.4 PetroChina Company Limited, Business Description, Natural Gas and Pipeline 45
5.3.5 PetroChina Company Limited, Business Description, Refining and Marketing 47
5.3.6 PetroChina Company Limited, Business Description, Major Products and Services 49
5.4 PetroChina Company Limited, Value Chain Analysis 51
5.4.1 PetroChina Company Limited, Value Chain Analysis, Upstream 51
5.4.2 PetroChina Company Limited, Value Chain Analysis, Midstream 52
5.4.3 PetroChina Company Limited, Value Chain Analysis, Downstream 52
5.4.4 PetroChina Company Limited, Value Chain Analysis, Retail 53
5.5 PetroChina Company Limited, SWOT Analysis 53
5.5.1 PetroChina Company Limited, SWOT Analysis, Overview 53
5.5.2 PetroChina Company Limited, SWOT Analysis, Strengths 54
5.5.3 PetroChina Company Limited, SWOT Analysis, Weaknesses 55
5.5.4 PetroChina Company Limited, SWOT Analysis, Opportunities 56
5.5.5 PetroChina Company Limited, SWOT Analysis, Threats 58
5.6 PetroChina Company Limited, Revenue Analysis 58
5.6.1 PetroChina Company Limited, Revenue by Segment 59
5.6.2 PetroChina Company Limited, Revenue by Geography 59
5.7 PetroChina Company Limited, Financial and Operational Review 60
5.7.1 Financial Statements 60
5.7.2 Financial Ratios 61
6 Profile of Exxon Mobil Corporation 62
6.1 Exxon Mobil Corporation, Key Information 62
6.2 Exxon Mobil Corporation, Company Overview 62
6.3 Exxon Mobil Corporation, Business Description 62
6.3.1 Exxon Mobil Corporation, Business Description, Overview 62
6.3.2 Exxon Mobil Corporation, Business Description, Chemical 62
6.3.3 Exxon Mobil Corporation, Business Description, Downstream 64
6.3.4 Exxon Mobil Corporation, Business Description, Upstream 65
6.4 Exxon Mobil Corporation, Value Chain Analysis 67
6.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream 68
6.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 68
6.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 69
6.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail 69
6.5 Exxon Mobil Corporation, SWOT Analysis 70
6.5.1 Exxon Mobil Corporation, SWOT Analysis, Overview 70
6.5.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 70
6.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 73
6.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 74
6.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 75
6.6 Exxon Mobil Corporation, Revenue Analysis 77
6.6.1 Exxon Mobil Corporation, Revenue by Segment 77
6.6.2 Exxon Mobil Corporation, Revenue by Geography 77
6.7 Exxon Mobil Corporation, Financial and Operational Review 79
6.7.1 Financial Statements 79
6.7.2 Financial Ratios 80
7 China Refining Industry, Financial Deals Landscape 81
7.1 Detailed Deal Summary 81
7.1.1 Rumored Deals 81
7.1.2 Acquisition 84
7.1.3 Debt Offerings 85
7.1.4 Partnerships 88
8 China Refining Industry, Recent Developments 97
8.1 Strategy and Business Expansion 97
8.1.1 Dec 16, 2008: PetroChina's Lanzhou Refinery To Double Its Crude Capacity In Five Years 97
8.1.2 Oct 05, 2008: PetroChina To Construct New Refinery In Guangxi Region 97
8.1.3 Sep 22, 2008: PetroChina And Rosneft To Sign Agreement For Refinery In Tianjin, China 97
8.1.4 Sep 22, 2008: PetroChina Starts Construction Of CNY8.2 Billion Refinery In Ningxia 98
8.1.5 Aug 14, 2008: PetroChina Starts Constructing Oil Shale Refinery In Heilongjiang Province, China 98
8.2 Drilling and Production Updates 98
8.2.1 Jan 08, 2009: China To Reduce Production At Its Refineries In January 2009 98
8.2.2 Jan 07, 2009: PetroChina Cuts Crude Processing At Jinzhou Refinery In Liaoning Province 99
8.3 Financial Announcements 100
8.3.1 Oct 29, 2008: Sinopec Declares 3Q 2008 Results 100
8.3.2 Aug 27, 2008: PetroChina Declares Interim Dividend 102
8.3.3 Aug 27, 2008: PetroChina Reports 1H 2008 Results 102
8.3.4 Aug 24, 2008: Sinopec Declares 1H 2008 Results 105
8.4 Other Significant Developments 106
8.4.1 Jan 19, 2009: CNPC To Invest More Than $42 Million In 2009 106
8.4.2 Jan 12, 2009: CNOOC To Form 70 Million Tons Of Refining Capacity By 2020 106
8.4.3 Dec 29, 2008: Sinopec Starts Building Catalytic Gasoline Unit In Shanghai 107
8.4.4 Dec 22, 2008: CNPC Plans To Invest In Five Projects 107
8.4.5 Nov 12, 2008: China Completes Plans For Second Phase Of Oil Stockpiles 107
8.4.6 Oct 07, 2008: CNPC Appoints New Vice President 108
8.4.7 Sep 24, 2008: CNPC To Commence Operations At Qinzhou Refinery In December 2008 108
8.4.8 Sep 23, 2008: Venezuela Plans For Two New Refinery Projects In China 109
8.4.9 Aug 14, 2008: CNPC Commences Operations At New Hydrocracking Unit At Its Dalian Refining Base 110
8.4.10 Aug 01, 2008: CNPC To Advance Pengzhou Refining Project 111
8.4.11 Jul 28, 2008: PetroChina Dalian Refinery Starts Processing High-sulfer Crude 111
8.4.12 Jul 16, 2008: PetroChina Completes Test Run Of Processing Venezuelan Oil 112
9 Appendix 113
9.1 Methodology 113
9.1.1 Coverage 113
9.1.2 Secondary Research 114
9.1.3 Primary Research 114
9.1.4 Expert Panel Validation 115
9.2 Units Of Measure 115
9.3 Contact Us 115
9.4 About GlobalData 116
9.5 Disclaimer 116

1.1 List Of Tables
Table 1: China, Refinery Key Statistics, 2008 11
Table 2: China, Refining Capacity Company-wise (MMTPA), 2000-2013 11
Table 3: China Crude Distillation Unit Capacity (MMTPA), 2000-2013 13
Table 4: China Crude Distillation Unit Capacity (MMTPA), 2000-2013 (contd..) 14
Table 5: China Crude Distillation Unit Capacity (MMTPA), 2000-2013 (contd..) 15
Table 6: China Crude Distillation Unit Capacity (MMTPA), 2000-2013 (contd..) 16
Table 7: China Coking Unit Capacity (MMTPA), 2000-2013 17
Table 8: China Coking Unit Capacity (MMTPA), 2000-2013 (contd..) 18
Table 9: China  Fluid Catalytic Cracking Unit Capacity  (MMTPA), 2000-2013 19
Table 10: China Fluid Catalytic Cracking Unit Capacity (MMTPA), 2000-2013 (contd..) 20
Table 11: China  Fluid Catalytic Cracking Unit Capacity  (MMTPA), 2000-2013 (contd..) 21
Table 12: China Hydrocracking Unit Capacity (MMTPA), 2000-2013 22
Table 13: China, Planned Crude Distillation Unit Capacity (MMTPA), 2009-2013 23
Table 14: China Petroleum & Chemical Corporation, Key Facts 24
Table 15: China Petroleum & Chemical Corporation, SWOT Analysis 35
Table 16: China Petroleum & Chemical Corporation, Revenue by Segment, RMB Million, 2003-2007 39
Table 17: China Petroleum & Chemical Corporation, Financial Statements, RMB Million, 2003-2007 40
Table 18: China Petroleum & Chemical Corporation, Financial Ratios, RMB Million, 2003-2007 41
Table 19:      PetroChina Company Limited, Key Facts 42
Table 20:      PetroChina Company Limited, SWOT Analysis 54
Table 21:      PetroChina Company Limited, Revenue by Segment, RMB Million, 2003-2007 59
Table 22:      PetroChina Company Limited, Revenue by Geography, RMB Million, 2003-2007 60
Table 23:      PetroChina Company Limited, Financial Statements, RMB Million, 2003-2007 60
Table 24:      PetroChina Company Limited, Financial Ratios, RMB Million, 2003-2007 61
Table 25:      Exxon Mobil Corporation, Key Facts 62
Table 26:      Exxon Mobil Corporation, SWOT Analysis 70
Table 27:      Exxon Mobil Corporation, Revenue by Segment, USD Million, 2003-2007 77
Table 28:      Exxon Mobil Corporation, Revenue by Geography, USD Million, 2003-2007 78
Table 29:      Exxon Mobil Corporation, Financial Statements, USD Million, 2003-2007 79
Table 30:      Exxon Mobil Corporation, Financial Ratios, USD Million, 2003-2007 80
Table 31:      China National Petroleum And Rosneft Plans For Joint Venture 81
Table 32:      Total May Take Stake In Sinochem Fujian Refinery 82
Table 33:      Sinopec To Form Joint Venture With PT Puri Usaha 83
Table 34:      China National Petroleum Acquires China National United Oil From Petrochina 84
Table 35:      Sinopec Announces Debt Offering Of $2,930 Million 85
Table 36:      Petrochina Files For Bond Offering Of $8,700 Million 86
Table 37:      Sinopec Raises $1497.5 Million Zero Coupon Convertible Bonds 87
Table 38:      Sinopec Enter Into Partnership With Kuwait Petroleum 88
Table 39:      Qatar And Shell Signs Letter Of Intent To Form Joint Venture With PetroChina 89
Table 40:      Shell Partners With Arrow Energy 90
Table 41:      PetroChina Forms Joint Venture With PDVSA 91
Table 42:      CNPC Forms Joint Venture With Rosneft 92
Table 43:      Lukoil Oil And CNPC Enters Into Strategic Partnership 93
Table 44:      Sinopec, Fujian Province, Exxonmobil And Saudi Aramco Enter Into Joint Venture 94
Table 45:      Sinopec, Exxonmobil And Saudi Aramco Enter Fujian Fuels Marketing Joint Venture 95
Table 46:      Rosneft Forms A Joint Venture With Sinopec 96

1.2 List Of Figures
Figure 1: China, Company-Wise Share Vis-a-vis Growth in Refining Capacity, 2003-2008 12
Figure 2:      China Petroleum & Chemical Corporation, Value Chain Analysis 32
Figure 3:      PetroChina Company Limited, Value Chain Analysis 51
Figure 4: Exxon Mobil Corporation, Value Chain Analysis 67
Figure 5: GlobalData Methodology 113