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SummaryChina oil refining and gas industry has witnessed dramatic changes in the past years, and the change never stops its pace. SCI has held China Oil Refining & Gas Industry Seminar on September 24, 2018 in Singapore, aiming to shape a big picture of the China’s oil refining and gas industry. Enterprise Singapore as well as dozens of industrial analysts and representatives from leading companies in the oil and gas field have attended this seminar, such as BP, Shell, Total, Glencore, Gunvor, Trafigura, Macquarie, Phillips 66, Chevron, Hanas, etc.
Keynote Speech

Speaker: James Gao Oil Industry Analyst

James Gao delivered a keynote speech regarding the status and outlook of China’s oil refining industry. Independent refineries are playing an important role in the industry, he mentioned. China’s oil refining industry is facing overcapacity, and China has become a net exporter of gasoline and diesel. The quality upgrade of gasoline and diesel is going on at a fast speed, and the consumption of clean energy is increasing. All these will bring influences on the global oil industry. And James hold confidence in the development of China’s oil refining industry.
Speaker: Michael Mao Senior Energy Analyst
China’s natural gas consumption reached a magnificent growth rate at 15% in 2017, and it is believed this rapid mode will continue in the upcoming several years. Could China’s natural gas supply catch up with the sky rocketing consumption? Michael Mao gave a detailed explanation of the above question in his speech “China Natural Gas: Emerging Market and Promising LNG Import Prospect”. Michael showed a reasonable and logical expectation on the future development of China’s natural gas industry and related fundamentals and explained the promising potential of the LNG import in the coming years.
Analyst: Andy Liu Director of SCI Energy Business Unit
Mr. Andy Liu has studied the oil refining industry for 12 years since he joined SCI in February 2006. Now he holds the position of Director at SCI Energy Business Unit. Mr. Liu has a deep insight into the evolution of China’s energy industry. Under his direction, a competitive analyst team has established the calculation model of refining margins and operating rate for the independent refineries, as well as the inventory models for state-owned refineries and independent refineries. He plays a leading role in the researching and writing of the reports on China’s state-owned refineries and independent refineries. He has hosted and participated in the study projects for many global giants in the energy field. Additionally, he has been interviewed by CCTV, Xinhua News Agency, Reuters, Sohu, Sina, etc.
Analyst: Wukong Liu Oil Refining Industry Analyst
Mr. Wukong Liu has 7-year working experience on China’s refined oil industry, especially on Shandong independent refineries, China’s refined oil blending industry, biodiesel industry and some other new energy industries. He has directed many researches and consulting projects for large oil companies, banks, securities companies from China and other countries. The projects covered the oil refining industry, supply-demand balance, feasibility study, etc. Meanwhile, Mr. Liu has engineered some seminars on China’s oil refining industry, and has been invited to deliver speeches on many industry conferences. Mr. Liu is a special commentator for other media platforms, including China Central Television, Yicai Media Group and China Petrochemical News.
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