Crude Petroleum & Natural Gas Extraction

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Last updated: 8 Aug 2011

Crude Petroleum & Natural Gas Extraction Industry in China

Jilin, Shandong and Guangdong are the major production bases for crude petroleum & natural gas extraction industry in China, according to China Crude Petroleum & Natural Gas Extraction Industry Profile - the industry research report issued by Zeefer Consulting. Jilin has most leading crude petroleum & natural gas extraction enterprises, and among all top 100 large crude petroleum & natural gas extraction enterprises across China, 32 are located in Jilin. Shanxi, Xinjiang, Shaanxi, Sichuan, Inner Mongolia, Heilongjiang and Tianjin are the secondary distribution areas for this industry.

In terms of market size, in 2009, crude petroleum & natural gas extraction enterprises above designated size achieved a sales revenue of more than USD 75 billion. Heilongjiang, Xinjiang and Shaanxi ranked top 3 in terms of sales revenue, enterprises in these regions engaged in crude petroleum & natural gas extraction production achieved a sales revenue of more than USD 35 billion. in all, taking a share of more than 50% of the gross sales revenue from above designated size crude petroleum & natural gas extraction enterprises across China. Total assets of enterprises inside crude petroleum & natural gas extraction industry exceeded USD 150 billion, a rise of more than 25% on a year-on-year basis. The total number of enterprises above designated size in crude petroleum & natural gas extraction industry was more than 100, a rise of more than 10% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in crude petroleum & natural gas extraction industry added up to more than USD 20 billion, a decline of more than 55% on a year-on-year basis. A total of 30 enterprises suffered a loss, and the total loss of these enterprises amounted to more than USD 550 million. On average, the ratio of return on net assets in crude petroleum & natural gas extraction industry was higher than 20%.

In terms of market position of foreign enterprises in China, in 2009, there were 6 foreign enterprises above designated size engaged in crude petroleum & natural gas extraction production in China, accounting for more than 4% of all crude petroleum & natural gas extraction enterprises across China. Foreign enterprises in China crude petroleum & natural gas extraction industry achieved a ratio of return on sales of more than 40%, higher than the industry average.

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Full content of China Crude Petroleum & Natural Gas Extraction Industry Analysis:
http://www.allchinareports.com/china-energy-industry/oil-gas-industry-analysis/crude-petroleum-natural-gas-extraction-industry-in-china.html
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The analyses above are extracted from the industry report: China Crude Petroleum & Natural Gas Extraction Industry Profile


Posted: 17 June 2011, last updated 8 August 2011

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