BEIJING (AFX-ASIA) – China’s demand for oil will grow “rationally” after the overheating economy cools off, Chen Tonghai, president of the country’s largest oil refiner China Petroleum and Chemical Corp (Sinopec) was quoted as saying by the official China Daily. Recent rapid expansion led by overinvestment in some sectors have brought on an energy crisis…
CHINA: Oil demand growth to moderate after economy cools Ð Sinopec
Posted on May 7, 2004 by EnergyAsia