Oil giants want to use "oil shortage" to engage in "cleaning up"? Private gas stations face tough choices

“Since the end of last month, Sinopec and CNPC have no longer supplied oil to us. At present, our reserves are only oil in the tanks! If we continue to do so, we must really close our doors!” said the owner of a private gas station in Fuzhou. Say. Some owners of social gas stations feel uneasy about the “oil shortage” as well as people. They also face difficult choices, accepting the “hustle and bustle” of the oil giants, or “balancing” with each other.
According to industry insiders, private gas stations in many provinces are currently struggling. They do not need to worry about the source of oil only when there is ample supply of oil. Once there is a tight supply of oil products, it will be difficult for them to obtain a stable supply of oil products within the two major systems of PetroChina and Sinopec. There are more than 2,000 gas stations in Fujian Province, of which social gas stations account for two-thirds of the total number, but the amount of oil supply is not large, while Sinopec, PetroChina's two major groups of oil supply accounted for 60% to 70% of the province.
It is understood that along with the sustained development of the Chinese economy, the non-public economy as a new economic component and a new economic force has been brought into the ranks of the entire oil industry. According to incomplete statistics, the current private-sector oil companies have exceeded 80,000 in size, and their main businesses involve the oil and gas industry chain, which accounts for 52% of the total domestic gas stations. Since August, private gas stations in North China and Northeast China have experienced a sudden supply of diesel and gasoline.
At present there are more than 4,000 private gas stations in Hebei, and 50% of gas stations can only eat half full. Of the more than 1,600 private gas stations in Heilongjiang, more than half are already in an oil-free state. According to reports from private gas stations in these two provinces, even if they can obtain some refined oil, their prices are far higher than the standards set by the National Development and Reform Commission. At present, in Hebei, the No.0 diesel fuel purchased by private gas stations has reached 4,850 yuan/ton, and it needs to pay 300 to 400 yuan more per ton. In Heilongjiang, currently No. 0 diesel has reached 5,070 yuan/ton, and the price is changing every day.
In the face of the continuous shortage of gasoline in Fuzhou for nearly two weeks, some homeowners also have their own views: The lack of oil is a fact, but in the end it is not clear to what extent who is clear and whether anyone has taken the opportunity to suppress private gas stations. What about "clearing the field"?
Faced with the “oil panic” brought about by the “oil shortage”, some private gas station owners have begun to reconsider the favorable conditions opened by the two major oil giants. The reporter learned from some private gas stations in Fuzhou that, in the recent period, the two major oil companies have frequently “signed up” to private gas stations—joining, mergers and acquisitions, and leasing.
According to the owner of a large private gas station in Fuzhou, the gas station is still a lucrative industry. So far, none of the private gas stations he knows have chosen to be "recruited." On the contrary, they are currently brewing and adopting some measures. It is possible to strengthen the competitiveness of these gas stations through the establishment of private gas station associations.
It is understood that at present Fujian Province has introduced some measures to encourage the use of existing gas station facilities, through the acquisition, equity participation and franchising, and other forms of development of direct-run chain and franchise chain operations. Deputy Director Yang of the Development Research Center of the Fujian Provincial Government stated that the way in which domestic petroleum retailers take a chain operation is the future development trend.
According to industry analysts, in fact, the two major oil giants have long been privately owned gas stations. However, relevant person in PetroChina Fuzhou Branch stated that the recent acquisition has no direct relationship with the “oil shortage”. Since PetroChina entered the Fuzhou market, it has been in contact with private gas stations and mergers and acquisitions plans have been ongoing.
According to reports, according to China's WTO accession commitments, the domestic oil wholesale market will be fully open in 2006. Once foreign capital enters, private gas stations may have greater options, which is bound to compete with Sinopec and PetroChina. With limited resources at the new gas station, grabbing existing gas station resources before the entry of foreign oil giants became a top priority for domestic oil giants.
Industry insiders analyzed that although private gas stations and numerous franchise stores under the two major oil giants are at the same time retail terminals for oil products, their monopoly on the two major oil giants has made them unequal. Once the price of oil rises and oil is lacking, these private gas stations will need to devote a lot of energy and capital to solving the problem of oil sources. As a result, there will be no time to improve business management. The most straightforward way to solve these problems is to accept "recruitment."
Now, the choices placed in front of private gas stations seem to have been very clear: to accept the "recruitment and security" of PetroChina and Sinopec; to move closer to the giants of foreign capital; to unite to "survive". Either way, it will be a test of their ability to adapt.

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