At a conference in Singapore, PetroChina analysts said China’s crude oil demand will increase in the future by 14%. From Bloomberg News: China’s crude oil consumption will rise 14 percent by 2015 compared with last year as...
From Reuters: China will host a summit of top U.S. and Asian energy officials next month, government officials said on Tuesday, as Beijing seeks a greater say in coordinating global consumer-nation policy to help rein in oil prices. Government officials from China, India, Japan, South Korea and the United States will attend the October 23-26 […]
From Beijing Review (link): At first glance, the official figures of China’s oil consumption in 2005 seem a bit confusing. With a robust economic growth and rising annual oil imports, China made the surprise announcement that its oil consumption growth rate was dropping sharply, from 15.3 percent in 2004 to 2.1 percent in 2005. Earlier, […]
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