On November 30, the fourth edition of Shanghai Securities News released the second part of the series of "New Chapter in Xinjiang - Frontline research on high-quality development of Xinjiang's capital market", "Industry Xingjiang Energy First: Oil, gas and coal deep exploration of potential energy to drive new development in Xinjiang", Chen Dong, chairman and president of Beiken Energy, accepted an interview with Shanghai Securities News, the following is the full report.
"As a Xinjiang enterprise, the company's business layout in the next period of time will definitely focus on Xinjiang's superior resources." In the view of Chen Dong, chairman of Beiken Energy, Xinjiang is rich in coal, oil and natural gas resources, which gives Beiken Energy a lot of business opportunities to fully transform into an integrated energy services company.
As a well-known oil and gas service company in China, Beiken Energy has been seeking transformation in recent years. From drilling, fracturing, cementing and other oil service businesses in the past to the active layout of new businesses, Beiken Energy continues to adapt to the trend of energy change and development, and the target market is gradually shifting to conventional natural gas, shale gas, tight gas, coal bed methane and other fields.
Chen Dong told the Shanghai Securities News reporter that Beiken Energy is optimistic about the industrial opportunities of efficient and clean coal utilization in Xinjiang. In his view, Xinjiang is rich in coal resources, but the core problem is that there is a certain bottleneck in the export of coal, and the use of advanced technology to transform coal into chemical products or new materials will effectively enhance the value of Xinjiang's coal resources.
"Using the right technology to turn Xinjiang's coal into downstream chemical products, chemical products then extend to the field of new materials, this industrial chain is long enough, we are very optimistic about a direction." Chen Dong said that although the company is optimistic about the efficient and clean utilization of coal industry, it will not enter the coal chemical industry through the traditional way of acquiring resources, but still hopes to invest in the layout through the appropriate technology and the appropriate product route. To this end, Beiken Energy completed its equity investment in coal chemical technology company Nova Huier in July this year.
Based on the unique advantages of Xinjiang's abundant oil and gas resources and carbon sources, Beiken Energy is also very optimistic about the carbon dioxide capture, utilization and storage (CCUS) business opportunity. "Carbon dioxide can be used in many ways in the oil field. It can be sequestered or it can be used to displace oil." For the development opportunities of CCUS, Chen Dong said that Beiken Energy started from oilfield services, and the long-term good cooperation with the oilfield side has given the company certain advantages in "customer acquisition".
According to Chen Dong, at present, the company has established a professional team to carry out CCUS business, and plans to master more carbon sources in the field of CCUS business in the future, and cooperate with other enterprises in technology, and strive to make the whole industry chain business, and strive to use new technologies to help the development of Xinjiang's energy industry.
In Chen Dong's view, "embracing change" is the key word for the future development of Beiken Energy.
"The company's established strategy is to try to enter the upstream industry under the premise of controllable risks, while making every effort to open up the downstream, and strive to become the whole industry chain company in the energy industry." Chen Dong said that in the future, the company will actively explore the "middle ground" of the combination of new technology and traditional application scenarios, and constantly explore new opportunities and open up new businesses.