(EnergyAsia, February 29 2012, Wednesday) — China’s oil imports exceeded five million b/d for the first time last year, raising the country’s dependence on external supplies beyond 55% and putting it on course to reach 67% by 2020, according to an analysis by the CNPC Economics& Technology Research Institute. Of growing concern to Chinese policy…
CHINA: World Bank presses for economic and energy reforms as dependence on imported oil passed 55% in 2011
Posted on February 29, 2012 by EnergyAsia