NDRC requires PetroChina and Sinopec to ensure supply of refined oil products

The National Development and Reform Commission of China issued a notice a few days ago to require the supply and price management of the refined oil market. PetroChina and Sinopec Group Corporation shall strive to increase the amount of processed crude oil, strictly control the export of refined oil, ensure the supply of refined oil market, and The foreign companies shall suspend supply and limit the supply of refined oil. All refined oil operating companies, especially retail enterprises, shall not stockpile and sell their products.

The notification requirements published on the website of the National Development and Reform Commission indicate that refined oil production and operation companies must conscientiously implement the relevant regulations on price management and strictly sell refined oil at a price stipulated by the state. The wholesale price of gasoline and diesel sold by retail companies affiliated to PetroChina and Sinopec Group Company to retailers outside the system shall not be less than 4.5% in accordance with the wholesale and retail prices of the market.

The National Development and Reform Commission also requested that the competent price departments at various levels should strengthen the supervision and inspection of the implementation of refined oil prices, and prohibit enterprises that have suspended the supply of goods, imposed non-implementation of national price policies, or violated state regulations and raised the ex-factory price, wholesale price, and retail price without authorization. The production and business units and individuals who have price violations, such as false price increases, hoarding, price hikes, and profiteering, must be investigated.

Welding Bar

Tungsten carbide welding bars are commonly used in the oil and gas industry for various applications. These bars are made from a combination of tungsten and carbon, which results in a very hard and wear-resistant material. Here are some specific uses of tungsten carbide welding bars in the oil and gas industry:

1. Hardfacing: Tungsten carbide welding bars are used for hardfacing applications, where a wear-resistant layer is applied to drilling tools, valves, pumps, and other equipment exposed to abrasive environments. This helps to extend the lifespan of the components and reduce maintenance costs.

2. Drill bits: Tungsten carbide welding bars are used to manufacture drill bits for oil and gas exploration. The hard and durable nature of tungsten carbide makes it ideal for drilling through tough rock formations.

3. Wear plates and liners: Tungsten carbide welding bars are used to create wear plates and liners for equipment used in oil and gas production. These plates and liners protect the underlying metal surfaces from abrasion and corrosion, ensuring the longevity of the equipment.

4. Valve seats and seals: Tungsten carbide welding bars are used to manufacture valve seats and seals for oil and gas valves. The high hardness and wear resistance of tungsten carbide ensure reliable sealing and prevent leakage in critical applications.

5. Downhole tools: Tungsten carbide welding bars are used in the manufacturing of downhole tools such as stabilizers, reamers, and drill collars. These tools are subjected to high pressures, temperatures, and abrasive conditions, and tungsten carbide helps to enhance their durability and performance.

Overall, tungsten carbide welding bars play a crucial role in the oil and gas industry by providing wear resistance, hardness, and durability to various components and equipment.

Welding Bar,Ni Based Welding Bar,Ni Based Ctc Welding Bar,Sctc Ni Based Welding Bar

Luoyang Golden Egret Geotools Co., Ltd , https://www.hvofpowders.com