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: 福利网站在线播放| 国产男女性潮高清免费网站| 国产成人综合欧美精品久久| 免费在线黄色网址| 久久久噜噜噜久久中文福利| 1314成人网| 爱情岛论坛亚洲品质自拍视频 | 日本www在线观看| 国产又黄又硬又湿又黄的| 亚洲国产福利精品一区二区| chinese猛攻打桩机体育生| 美女扒开大腿让我爽| 日本边摸边吃奶边做很爽视频| 国产又色又爽又黄的| 五月天婷婷精品视频| 黑人粗大猛烈进出高潮视频 | 日本无吗免费一二区| 国产男女猛烈无遮挡免费视频| 亚洲人成色777777在线观看 | 久久精品国产亚洲夜色AV网站| 黄色三级电影免费| 樱桃直播免费看| 国产精品亚洲精品青青青| 亚洲欧美日韩国产vr在线观 | 久久精品亚洲综合一品| 青青青国产精品视频| 日韩精品无码免费一区二区三区| 国产精品女同久久久久电影院| 亚洲精品亚洲人成在线观看| bt天堂资源在线种子| 波多野结衣办公室在线| 壮熊私gay网站的| 人人做人人爽人人爱| jizz老师喷水| 欧美激情在线一区二区三区 | 国产欧美日韩灭亚洲精品| 亚洲人成黄网在线观看| 337p西西人体大胆瓣开下部| 最近中文字幕mv高清在线视频| 国产日韩综合一区二区性色av| 久久精品视频3|