(EnergyAsia, November 20 2012, Tuesday) — China is becoming increasingly dependent on oil from the Middle East, with Iraq and Saudi Arabia the big winners. To fuel its fast-growing economy, China is expected to raise its refining capacity by one million b/d this year and by 2.9 million b/d at the end of 2017, said…
CHINA: Growing dependence on oil from the Mid East, especially Iraq and Saudi Arabia
Posted on November 20, 2012 by EnergyAsia