Energy production in May of 2021

National Bureau of Statistics of China 2021-06-17 10:00 Print| Large| Medium| Small

In May, raw coal production above designated size turned from decline to rise, crude oil production grew steadily, and natural gas and electric power production fell. Taking May 2019 as the base period, the average growth of raw coal, crude oil and power production in two years was generally stable, while the growth of natural gas production was relatively fast.

I. Raw Coal, Crude Oil and Natural Gas Production and Relevant Information

The production of raw coal had changed from decline to rise. In May, 330 million tons of raw coal were produced, a year-on-year increase of 0.6 percent, a decrease of 1.8 percent in last month, an increase of 0.6 percent over the same period in 2019, and an average increase of 0.3 percent in two years, with an average daily output of 10.53 million tons; the imported coal was 21.04 million tons, a year-on-year decrease of 4.6 percent.

From January to May, 1.62 billion tons of raw coal were produced, with a year-on-year growth of 8.8 percent, a growth of 9.8 percent over the same period in 2019, and an average growth of 4.8 percent in two years; the import of coal was 111.17 million tons, a year-on-year decrease of 25.2 percent.

The comprehensive trading price of port coal continued to rise. On June 4, the prices of 5500, 5000 and 4500 kcal coal in Qinhuangdao Port were 768, 690 and 611 yuan per ton respectively, up 78, 72 and 62 yuan respectively from April 30.

Crude oil production was stable and processing capacity kept growing. In May, it produced 17.03 million tons of crude oil, a year-on-year increase of 3.5 percent, a year-on-year increase of 4.8 percent over the same period in 2019, an average increase of 2.4 percent in two years, and an average daily output of 549,000 tons. 60.5 million tons of crude oil was processed, an increase of 4.4 percent year-on-year, an increase of 12.9 percent over the same period of 2019, an average increase of 6.2 percent in two years, and an average daily processing of 1.952 million tons.

From January to May, 82.65 million tons of crude oil were produced, a year-on-year increase of 2.2 percent, an increase of 4.1 percent over the same period in 2019, and an average increase of 2.0 percent in two years; the crude oil processed was 292.74 million tons, a year-on-year increase of 12.0 percent, an increase of 10.8 percent over the same period of 2019, and an average increase of 5.3 percent in two years.

The import of crude oil continued to decline and the international crude oil price rose. In May, the imported crude oil was 40.97 million tons, a year-on-year decrease of 14.6 percent; from January to May, imports of crude oil reached 220.54 million tons, up 2.3 percent year on year. The spot FOB price of Brent crude oil on June 1 was 70.03 USD per barrel, up 3.4 percent from 67.73 USD per barrel on April 30.

Natural gas production was basically stable. In May, it produced 16.9 billion cubic meters of natural gas, a year-on-year increase of 5.8 percent, an increase of 19.2 percent over the same period of 2019, an average increase of 9.2 percent in two years, and an average daily output of 540 million cubic meters.

From January to May, 87.2 billion cubic meters of natural gas were produced, a year-on-year increase of 10.3 percent, an increase of 21.4 percent over the same period of 2019, and an average increase of 10.2 percent in two years.

Imports of natural gas maintained a rapid growth. In May, 10.32 million tons of natural gas were imported, a year-on-year increase of 31.7 percent. From January to May, 49.78 million tons of natural gas were imported, a year-on-year increase of 24.5 percent.

II. Electric Power Production

The growth rate of power production had dropped. In May, 647.8 billion kwh of electricity was generated, an increase of 7.9 percent year-on year, an increase of 12.6 percent over the same period of 2019, an average increase of 6.1 percent in two years, and an average daily power generation of 20.9 billion kwh. From January to May, 3,177.2 billion kwh of electricity was generated, an increase of 14.9 percent year on year, an increase of 11.3 percent over the same period in 2019, and an average increase of 5.5 percent in two years.

In terms of varieties, in May, the growth rate of thermal power dropped, that of hydropower and nuclear power accelerated, that of solar power turned from decline to rise, and that of wind power maintained rapid growth. Among them, thermal power increased by 5.6 percent on a year-on-year basis, taking May 2019 as the base period, with an average growth of 7.3 percent in two years; hydropower increased by 12.1 percent, with an average decrease of 3.3 percent in two years; nuclear power increased by 10.2 percent, with an average growth of 12.2 percent in two years; wind power increased by 20.7 percent, with an average growth of 12.7 percent in two years; solar power generation increased by 8.7 percent, with an average growth of 7.9 percent in two years.

Annotations:

1. Explanatory Notes

Average daily product output: It is calculated by dividing the total output of Industrial Enterprises above the designated size announced in that month by the calendar days of that month.

2. Statistical Coverage

The statistical caliber of the output data in the report is above the designated size of industry, and the statistical scope is industrial enterprises with annual main business income of more than 20 million yuan.

Because the scope of Industrial Enterprises above the designated size changes every year, in order to ensure that this year's data is comparable with the previous year's, the same period used to calculate the growth rate of various indicators such as product output is consistent with the statistical scope of enterprises in this period, and there is a caliber difference between the data released last year.

3. Data Source

Import data comes from the General Administration of Customs, of which March data are express data; coal price data comes from China Coal Market Network; crude oil price data comes from the United States Energy Information Agency (EIA).

4. Conversion relationship of natural gas units: 1 ton is equal to 1380 cubic meters.

5. The two-year average growth rate refers to the growth rate calculated by geometric average method based on the corresponding number of the same period in 2019.