We helped central power generation enterprises to do a good job in energy and power supply, and the first 30 billion yuan energy supply guarantee special debt landed!
2022-09-09
This summer, high temperature weather occurred in many parts of the country, and the demand for electricity continued to rise, with the power load hitting a record high.
As early as August 24, the executive meeting of the State Council deployed the follow-up policy measures of the package of policies to stabilize the economy, which mentioned "supporting central power generation enterprises to issue 200 billion yuan of energy supply guarantee special bonds". Now, the state owned assets supervision and Administration Commission of the State Council has landed the first 30 billion yuan special bond for energy guarantee and supply, which also marks the rapid implementation of the policy deployment of special bond for energy guarantee and supply at the national standing committee meeting in the inter-bank market on August 24.
Ji Shaoqing, deputy director of the operation Office of China coal transportation and Marketing Association, told the reporter of the Huaxia times: "In the first three quarters, enterprises in the coal industry thoroughly implemented the decisions and arrangements of the Party Central Committee and the State Council on energy supply guarantee, strictly implemented the work requirements of the national development and Reform Commission, kept the bottom line of safe production, resisted the responsibility of coal supply guarantee, made every effort to increase production and supply, stabilize prices and improve efficiency, accelerated the release of high-quality production capacity, rapidly increased raw coal output, and gradually improved coal supply and demand."
SASAC issues bonds to ensure supply and price stability
In order to implement the decision and deployment of the executive meeting of the State Council on supporting central power generation enterprises to issue 200 billion yuan of special bonds for energy security and supply, SASAC, together with the people's Bank of China and the association of dealers, quickly guided and promoted relevant central enterprises to seize the current window period of abundant market liquidity and promote the issuance of special bonds as soon as possible.
On September 5, China Guoxin, a state-owned capital operation company, successfully issued the first 5-year energy supply guarantee special bond of 30 billion yuan, with a coupon rate of 2.65%. All the raised funds will be used to inject capital into central power generation enterprises to support enterprises to comprehensively improve their comprehensive guarantee and supply capacity.
A relevant person in charge of the financial management and Operation Bureau of the state owned assets supervision and Administration Commission said that supporting central enterprises to issue special energy supply guarantee bonds is a concrete action to implement the decisions and arrangements of the Party Central Committee and the State Council on safeguarding national energy security, and is also an innovative measure to effectively give play to the functions of state-owned capital operation companies.
"China's energy structure is dominated by coal resources, which is also an important force for ensuring power supply and price stability. China's oil and gas resources are highly dependent on the outside world. Under the requirement of ensuring stable supply, China is also steadily developing domestic resources. In terms of smooth energy flow and stable supply, large central enterprises have played a stable cornerstone role." Qi hailing, President of Beijing Teyi sunshine new energy, told the Huaxia times that "especially at the stage when the international energy price and supply are in sharp turmoil, the heavy responsibility and responsibility compaction ability of China's central energy enterprises have been fully reflected."
Qi Hailing pointed out to the reporter of China times that central bonds can better play the effect of stabilizing the supply and price of energy and electricity, and can accelerate the use of clean energy. The 14th five year plan proposes to build a new power system and clean energy, which is already a long-term development strategy. In particular, it is necessary to ensure that power generation enterprises use coal, an energy product, to achieve cleanliness first. Central power generation enterprises need to take a step ahead, We need to upgrade, transform and develop to high quality under efficient development and utilization.
The issuance of bonds by SASAC is not only to ensure the current energy supply, but also to consider energy security in the coming winter. Qi Hailing pointed out: "the bonds issued this time can effectively support power generation enterprises to increase coal reserves, ensure the price and supply of energy, and provide favorable conditions and solid foundation for economic growth in September and the fourth quarter."
Next, SASAC will urge and guide central power generation enterprises to make full use of state support policies, further enhance their ability to guarantee supply, accelerate transformation and development, do a solid job in energy and power supply guarantee this winter and next spring, and make due contributions to stabilizing the economy.
Coal, oil and gas central enterprises play an important role
At present, China's energy security contradictions are mainly reflected in coal, oil and gas. Under the deployment of the state owned assets supervision and Administration Commission of the State Council, the work of ensuring energy supply this summer has been effectively guaranteed, and all coal, oil and gas central enterprises have played an important role.
According to the data of the state owned assets supervision and Administration Commission, the central coal enterprises have made every effort to increase production, supply and efficiency, and taken the lead in implementing the medium - and long-term contracts for power coal. As of July 12, the cumulative coal production was 570 million tons, an increase of 8.1% year-on-year. The performance rate of the medium - and long-term contracts for power coal exceeded 96%, and the profits transferred to downstream enterprises exceeded 60 billion yuan.
Since the beginning of this year, the production mines affiliated to China coal group have been operating at full capacity. From January to July, the output of commercial coal has increased by 5.5% year-on-year, and the output in August is expected to increase by 16% year-on-year, which is the highest monthly output since the peak summer; The medium - and long-term contracts for coal were fully signed, confirmed and standardized. The performance rate of the medium - and long-term contracts for coal from January to July was 92%, of which the performance rate of the medium - and long-term contracts for power coal reached 102% in July, and the profit was 22 billion yuan.
As the largest coal production enterprise in China, the coal production units of the National Energy Group adhere to the principle of safe production increase, systematic guarantee, and competition for tons of coal, optimize the mining and stripping connection of coal mines, strengthen management and tap potential, and maximize the stable supply of coal. According to the data of SASAC, as of July, the national energy group had completed the nuclear increase of 58 million tons of production capacity of 18 coal mines, with 349.86 million tons of self-produced coal, an increase of 24.03 million tons year-on-year, and an average monthly breakthrough of 50 million tons, the best level in history.
"In the first three quarters, enterprises in the coal industry thoroughly implemented the decisions and arrangements of the Party Central Committee and the State Council on energy supply guarantee, strictly implemented the work requirements of the national development and Reform Commission, kept the bottom line of safe production, resisted the responsibility of coal supply guarantee, made every effort to increase production and supply, stabilize prices and improve efficiency, accelerated the release of high-quality production capacity, rapidly increased raw coal output, and gradually improved coal supply and demand." Ji Shaoqing told the Huaxia times that "the medium - and long-term contract price of coal has been kept within a reasonable range, which has ensured the safe and stable supply of coal during the peak periods and important periods of coal consumption, such as peak winter and peak summer, and played a supporting role in China's energy security."
While central coal enterprises strive to overload energy supply, central oil and gas enterprises have also made effective progress in energy supply.
From January to July this year, China's total oil and gas production hit a record high; Over the same period, the import scale of oil and gas was generally stable, which strongly supported the high-quality development of economic society and the oil and gas industry as well as the people's livelihood needs.
According to SASAC data, from January to July, China's investment in oil and gas exploration and development increased by 8.8% year-on-year, and the main workload of geophysical exploration and drilling increased by more than 10% year-on-year; The domestic crude oil output was 120 million tons, with a year-on-year increase of 3.7%, and the natural gas output was 126.7 billion cubic meters, with a year-on-year increase of 5.4%. New breakthroughs have also been made in the development of unconventional oil and gas on land and offshore oil and gas. The output of shale oil, offshore crude oil and offshore natural gas increased by 14.4%, 7.9% and 13.6% respectively over the same period last year, showing the important potential for the continuous development of oil and gas in the future.
As of August 16, 1836 horizontal wells have been drilled in CNPC Changqing Sulige gas field, the largest onshore tight gas field in China, and 228 high-yield wells with open flow exceeding one million cubic meters have been obtained. Among them, 1677 horizontal wells were put into operation, with a cumulative gas increase of 49.5 billion cubic meters, marking that the horizontal wells of Sulige gas field have entered the fast track of large-scale and efficient development.
As early as August 24, the executive meeting of the State Council deployed the follow-up policy measures of the package of policies to stabilize the economy, which mentioned "supporting central power generation enterprises to issue 200 billion yuan of energy supply guarantee special bonds". Now, the state owned assets supervision and Administration Commission of the State Council has landed the first 30 billion yuan special bond for energy guarantee and supply, which also marks the rapid implementation of the policy deployment of special bond for energy guarantee and supply at the national standing committee meeting in the inter-bank market on August 24.
Ji Shaoqing, deputy director of the operation Office of China coal transportation and Marketing Association, told the reporter of the Huaxia times: "In the first three quarters, enterprises in the coal industry thoroughly implemented the decisions and arrangements of the Party Central Committee and the State Council on energy supply guarantee, strictly implemented the work requirements of the national development and Reform Commission, kept the bottom line of safe production, resisted the responsibility of coal supply guarantee, made every effort to increase production and supply, stabilize prices and improve efficiency, accelerated the release of high-quality production capacity, rapidly increased raw coal output, and gradually improved coal supply and demand."
SASAC issues bonds to ensure supply and price stability
In order to implement the decision and deployment of the executive meeting of the State Council on supporting central power generation enterprises to issue 200 billion yuan of special bonds for energy security and supply, SASAC, together with the people's Bank of China and the association of dealers, quickly guided and promoted relevant central enterprises to seize the current window period of abundant market liquidity and promote the issuance of special bonds as soon as possible.
On September 5, China Guoxin, a state-owned capital operation company, successfully issued the first 5-year energy supply guarantee special bond of 30 billion yuan, with a coupon rate of 2.65%. All the raised funds will be used to inject capital into central power generation enterprises to support enterprises to comprehensively improve their comprehensive guarantee and supply capacity.
A relevant person in charge of the financial management and Operation Bureau of the state owned assets supervision and Administration Commission said that supporting central enterprises to issue special energy supply guarantee bonds is a concrete action to implement the decisions and arrangements of the Party Central Committee and the State Council on safeguarding national energy security, and is also an innovative measure to effectively give play to the functions of state-owned capital operation companies.
"China's energy structure is dominated by coal resources, which is also an important force for ensuring power supply and price stability. China's oil and gas resources are highly dependent on the outside world. Under the requirement of ensuring stable supply, China is also steadily developing domestic resources. In terms of smooth energy flow and stable supply, large central enterprises have played a stable cornerstone role." Qi hailing, President of Beijing Teyi sunshine new energy, told the Huaxia times that "especially at the stage when the international energy price and supply are in sharp turmoil, the heavy responsibility and responsibility compaction ability of China's central energy enterprises have been fully reflected."
Qi Hailing pointed out to the reporter of China times that central bonds can better play the effect of stabilizing the supply and price of energy and electricity, and can accelerate the use of clean energy. The 14th five year plan proposes to build a new power system and clean energy, which is already a long-term development strategy. In particular, it is necessary to ensure that power generation enterprises use coal, an energy product, to achieve cleanliness first. Central power generation enterprises need to take a step ahead, We need to upgrade, transform and develop to high quality under efficient development and utilization.
The issuance of bonds by SASAC is not only to ensure the current energy supply, but also to consider energy security in the coming winter. Qi Hailing pointed out: "the bonds issued this time can effectively support power generation enterprises to increase coal reserves, ensure the price and supply of energy, and provide favorable conditions and solid foundation for economic growth in September and the fourth quarter."
Next, SASAC will urge and guide central power generation enterprises to make full use of state support policies, further enhance their ability to guarantee supply, accelerate transformation and development, do a solid job in energy and power supply guarantee this winter and next spring, and make due contributions to stabilizing the economy.
Coal, oil and gas central enterprises play an important role
At present, China's energy security contradictions are mainly reflected in coal, oil and gas. Under the deployment of the state owned assets supervision and Administration Commission of the State Council, the work of ensuring energy supply this summer has been effectively guaranteed, and all coal, oil and gas central enterprises have played an important role.
According to the data of the state owned assets supervision and Administration Commission, the central coal enterprises have made every effort to increase production, supply and efficiency, and taken the lead in implementing the medium - and long-term contracts for power coal. As of July 12, the cumulative coal production was 570 million tons, an increase of 8.1% year-on-year. The performance rate of the medium - and long-term contracts for power coal exceeded 96%, and the profits transferred to downstream enterprises exceeded 60 billion yuan.
Since the beginning of this year, the production mines affiliated to China coal group have been operating at full capacity. From January to July, the output of commercial coal has increased by 5.5% year-on-year, and the output in August is expected to increase by 16% year-on-year, which is the highest monthly output since the peak summer; The medium - and long-term contracts for coal were fully signed, confirmed and standardized. The performance rate of the medium - and long-term contracts for coal from January to July was 92%, of which the performance rate of the medium - and long-term contracts for power coal reached 102% in July, and the profit was 22 billion yuan.
As the largest coal production enterprise in China, the coal production units of the National Energy Group adhere to the principle of safe production increase, systematic guarantee, and competition for tons of coal, optimize the mining and stripping connection of coal mines, strengthen management and tap potential, and maximize the stable supply of coal. According to the data of SASAC, as of July, the national energy group had completed the nuclear increase of 58 million tons of production capacity of 18 coal mines, with 349.86 million tons of self-produced coal, an increase of 24.03 million tons year-on-year, and an average monthly breakthrough of 50 million tons, the best level in history.
"In the first three quarters, enterprises in the coal industry thoroughly implemented the decisions and arrangements of the Party Central Committee and the State Council on energy supply guarantee, strictly implemented the work requirements of the national development and Reform Commission, kept the bottom line of safe production, resisted the responsibility of coal supply guarantee, made every effort to increase production and supply, stabilize prices and improve efficiency, accelerated the release of high-quality production capacity, rapidly increased raw coal output, and gradually improved coal supply and demand." Ji Shaoqing told the Huaxia times that "the medium - and long-term contract price of coal has been kept within a reasonable range, which has ensured the safe and stable supply of coal during the peak periods and important periods of coal consumption, such as peak winter and peak summer, and played a supporting role in China's energy security."
While central coal enterprises strive to overload energy supply, central oil and gas enterprises have also made effective progress in energy supply.
From January to July this year, China's total oil and gas production hit a record high; Over the same period, the import scale of oil and gas was generally stable, which strongly supported the high-quality development of economic society and the oil and gas industry as well as the people's livelihood needs.
According to SASAC data, from January to July, China's investment in oil and gas exploration and development increased by 8.8% year-on-year, and the main workload of geophysical exploration and drilling increased by more than 10% year-on-year; The domestic crude oil output was 120 million tons, with a year-on-year increase of 3.7%, and the natural gas output was 126.7 billion cubic meters, with a year-on-year increase of 5.4%. New breakthroughs have also been made in the development of unconventional oil and gas on land and offshore oil and gas. The output of shale oil, offshore crude oil and offshore natural gas increased by 14.4%, 7.9% and 13.6% respectively over the same period last year, showing the important potential for the continuous development of oil and gas in the future.
As of August 16, 1836 horizontal wells have been drilled in CNPC Changqing Sulige gas field, the largest onshore tight gas field in China, and 228 high-yield wells with open flow exceeding one million cubic meters have been obtained. Among them, 1677 horizontal wells were put into operation, with a cumulative gas increase of 49.5 billion cubic meters, marking that the horizontal wells of Sulige gas field have entered the fast track of large-scale and efficient development.
In addition, central oil and gas enterprises have also made positive progress in ensuring people's livelihood. According to SASAC data, as of August 26, PetroChina Southwest Oil and gas field company had supplied more than 6 million cubic meters of natural gas per day to Huaneng Liangjiang and Dazhou Chuantou gas-fired power plants, a record high, and went all out to ensure the natural gas supply of gas-fired power plants.
Source: China Times