Economically robust Guangdong Province in south China is not
likely to see a significant improvement in the supply of energy in the second
half of the year.
According to the
provincial economic and trade commission, the supply of electric power and oil
products will remain below demand over the next six months in Guangdong, particularly
in the Pearl River Delta.
Wen Guohui, deputy
director of the commission, said 35 percent of the province's total energy
consumption is used by air conditioners during sweltering summer which is the
peak season for power consumption.
He predicted by the third
quarter the province will be short 4 million kilowatts of power.
Meanwhile, Guangdong is forecast
this year to require 7.2 million tons of gasoline and 13.3 million tons of
diesel oil, a year-on-year growth of 6.2 percent.
The two major oil
companies in China, PetroChina and Sinopec, plan
to provide 19.25 million tons of oil products for the province, creating a
shortfall of 1.25 million tons.
Price hikes for petroleum
products on the international market will also continue to challenge oil-fired
power generating units, Wen Guohui said.
Guangdong plans to buy more
electricity from other provinces and implement better power conservation
measures.
The province plans to ask the two major oil suppliers to increase supplies and
it will seek ways of improving the delivery of coal from the
north.