(EnergyAsia, October 8, Wednesday) — With domestic oil production expected to remain flat, China’s dependence on oil imports is expected to reach 60% of consumption by 2010, said CNPC’s consulting arm. In its Petroleum Industry Overview, 2007-2008 report, the company expects oil prices to remain high but not enough to slow down China’s oil demand…
CHINA: Oil imports to reach 60% by 2010, according to Petroleum Industry Overview, 2007-2008
Posted on October 7, 2008 by EnergyAsia