At the release of the green Development Report, Petrochina announced plans to carry out 32 upgrading projects in order to achieve all the gasoline and diesel fuel to meet the National ⅴ standard.

At present, CNPC's annual gasoline and diesel processing capacity has reached 160 million tons. Among them, the gasoline processing capacity of 50 million tons/year, all meet the national IV standard, 15% meet the national V standard. The diesel processing capacity is 90 million tons/year. All the vehicle diesel has the production capacity of national IV and part of the national V standard. The sulfur content of ordinary diesel has basically reached the standard of 50mg/kg.

It is understood that China's oil quality upgrade speed gradually accelerated, with about 10 years through the European and American countries nearly 20 years through the upgrade road. Premier li keqiang on April 28th chaired a state council executive meeting, determine the supply to strengthen clean oil production, strive to finish product quality upgrading the task ahead of time: one is to January 2016 supplier Ⅴ standard of automobile gasoline and diesel from the original beijing-tianjin-hebei area, Yangtze river delta, the pearl river delta region key city, such as expanded to the entire 11 provinces and cities throughout the eastern region; Second, the national ⅴ standard vehicle gasoline and diesel supply time from the original January 2018 to January 2017; The third is to increase the supply of high-standard ordinary diesel, starting from July 2017 and January 2018, respectively, to the national ⅳ and ⅴ standard ordinary diesel.

According to the new requirements of national oil quality upgrading, CNPC, as one of the main suppliers of clean oil products in China, will accelerate the pace of oil quality upgrading. Eleven provinces and cities in east to meet 2016 supplier Ⅴ petrol and diesel, China oil would in existing Ⅴ production capacity, on the basis of implementation of the north China petrochemical, guangxi petrochemical, jinzhou petrochemical nine companies such as 10 countries Ⅴ quality upgrade project, by the end of 2015, most enterprise have producer Ⅴ ability of gasoline and diesel. In order to meet the national ahead of time in 2017 to implement the national ⅴ vehicle oil products and national ⅳ Puchai, the national ⅴ Puchai upgrade requirements in 2018, in 2016, CNPC will continue to implement 22 upgrading projects. By the end of 2016, CNPC's gasoline and diesel will all meet the national ⅴ standard requirements.