SHANGHAI (AFX-ASIA) – China has overtaken Japan to become the world’s second largest consumer of crude oil after the US, the Financial Times reported. The report cited International Energy Agency estimates showing that China consumed 5.46 million barrels a day last year, compared with Japan’s 5.43 million, and that China was the main driver behind…
CHINA: China is world’s 2nd biggest oil consumer in 2003, overtakes Japan
Posted on January 28, 2004 by EnergyAsia