Feasibility Study For Ten Million Tons Oil Refining Project Of The HBPEC

With the social and economic sustainable and fast development of our country, especially the development of the Bohai Rim economy, the demand for petroleum and its product has been increasing, petrochemical industry becomes the important pillar industry of our country, and it even becomes the core of driving area economic development. Under this background, Huabei petrochemical(HBPEC)10 million tons oil refining project is undergoing product quality upgrade and technical reconstruction of safety and environmental protection on the basis of its primary petroleum processing capability, drainage reducing and cleaner production can be realized with the new replacing the old, and the request of the circular economy can be satisfied, and high quality oil product can be produced to meet the request of the market. The project is the domestic large-scale oil refining project put forward by Petrochina. It is a leading project that safeguards harmoniousness, stabilization and development of Huabei oildom. It is a symbolic project that guarantees domestic product oil supply. So it has a important operation significance to study its feasibility.The paper is established in basic content and method of the project feasibility study. Potter’s five strength analysis models, equal risk map, probability analysis models, fuzzy comprehensive evaluation method etc. are used, and the feasibility analysis and argumentation of the project is carried through in the paper from aspects of national policy, product market, technical proposal, resources and public utilities, plant location proposal, environmental and ecological impact, investment and economic impact, social impact and risk study, enterprise competitiveness analysis, and a conclusion that the construction of project is essential and feasible is arrived at. With the impact of present global economic crisis, it is especially important to increase investment and drive domestic demand growth. The feasibility analysis and argumentation in the paper must be very useful for the reference of new round prosperous project investment of petrochemical industry.