The Annual Offshore Oil & Gas Event
logo

The 25thBeijing International Offshore Oil & Gas Exhibition

ufi

BEIJING,CHINA

March 26-28,2025

LOCATION :Home> News > Industry News

China seen sustaining strong crude imports

Pubdate:2016-03-28 10:02 Source:mcc Click:
SHANGHAI (Bloomberg) -- China’s crude imports will rise further from a record this year to feed its expanding refining sector and strategic reserves, according to Standard Chartered Bank.
 
The nation’s average crude imports will rise by as much as 600,000 bpd this year, analysts including Priya N. Balchandani said in a March 24 report. Imports last month surged above 8 MMbpd for the first time and exceeded volumes shipped to the U.S., the world’s top oil user, according to the bank. Standard Chartered expects China’s crude imports will top 10 MMbpd by late 2018 or early 2019.
 
“Strong crude import growth accompanies a continuing build in China’s refining industry,” the analysts wrote in the report. “This expansion has combined with a build in strategic petroleum reserves to keep crude imports high.”
 
China took advantage of falling oil prices to fill strategic reserves, pushing imports 8.8% higher last year. The country is continuing its “relentless” drive to expand refining capacity as demand grows and the country relies on overseas supplies of liquefied petroleum gas, naphtha and fuel oil, the bank said.
 
Robust Refining
 
Refining volumes will stay “ robust” to satisfy growing gasoline and jet fuel demand in the world’s largest automobile market, the bank said. The country has boosted exports of diesel as slowing industrial production damps consumption.
 
Average oil demand in the world’s second-largest crude consumer is expected to grow by 420,000 bpd this year, the bank said, adding that apparent oil product demand expanded 6.2 percent last year to 9.4 MMbpd. China will account for 37% of global demand growth this year, Standard Chartered estimates.
 
China’s fuel pricing system will also support the expansion of crude imports and refining capacity, the bank said. China’s government decided late last year to stop lowering fuel prices when crude trades below $40/bbl, supporting gasoline and diesel above levels where they would be trading internationally.
主站蜘蛛池模板: 国产另类在线观看| 蜜臀av性久久久久蜜臀aⅴ| 欧美黑人粗大xxxxbbbb| 日本在线视频播放| 国产大片在线观看| 亚洲成aⅴ人片| 91理论片午午伦夜理片久久| 毛片在线免费播放| 国产香蕉国产精品偷在线| 午夜亚洲乱码伦小说区69堂| 东北疯狂xxxxbbbb中国| 精品国产福利在线观看| 小sao货水好多真紧h视频| 免费看黄a级毛片| av免费网址在线观看| 肉色无边(高h)| 性做久久久久久| 免费人成激情视频在线观看冫 | 久久国产精品一国产精品| 欧美日在线观看| 毛片免费在线播放| 国产精品毛片a∨一区二区三区| 亚洲成av人片高潮喷水| 亚洲娇小性色xxxx| 日韩免费视频一区二区| 国产一级做a爰片久久毛片| 中文字幕在线观看你懂的| 精品乱码久久久久久久| 撞击着云韵的肉臀| 国产女人18毛片水真多18精品| 久久国产成人精品国产成人亚洲 | avtt在线播放| 欧美福利一区二区三区| 在线视频一区二区三区四区| 亚洲欧美日韩国产精品专区| a拍拍男女免费看全片| 日韩在线观看中文字幕| 啊啊啊好深视频| a级黄色毛片免费播放视频| 欧美在线色视频| 国产伦精品一区二区三区无广告 |