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2016-12-29 18:40:00

CHINA'S ENERGY CONSUMPTION UP 1.4%

CHINA'S ENERGY CONSUMPTION UP 1.4%

SHANGHAIDAILY - CHINA'S energy consumption is expected to reach 4.36 billion tons of coal equivalent in 2016, up 1.4 percent year on year.

Non-fossil fuel consumption accounts for 13.3 percent of the total amount, up 1.3 percentage points year on year, as China encourages users to switch from coal and oil to cleaner fuels, said Nur Bekri, director of the National Energy Administration.

China aims to raise the ratio of non-fossil fuel consumption to 14.3 percent in 2017, while cutting the ratio of coal to 60 percent, he added.

He also called for efforts to promote clean energy and emission cuts, optimize China's energy structure and boost global energy cooperation.

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Earlier: 

CHINA'S LNG RECORD 

CHINA'S INVESTMENTS TO SOUTHEAST ASIA 

CHINA'S OIL BENEFITS 

CHINA'S SHALE GAS UP 

CHINA OIL IMPORTS UP

 

 

Tags: CHINA, ENERGY, CONSUMPTION, OIL, GAS

Chronicle:

CHINA'S ENERGY CONSUMPTION UP 1.4%
October, 16, 11:50:00

SAUDI ARAMCO IPO

Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation, who said a domestic share sale in Riyadh could still happen next year.

CHINA'S ENERGY CONSUMPTION UP 1.4%
October, 16, 11:45:00

SAUDI'S BANKS ARE BETTER

But we expect a rise in the sector's NPL ratio and muted credit demand in the second half of 2017 and 2018, reflecting the slowing economy. GDP growth slowed to 1.4% in 2016 from 3.4% in 2015 and we expect it to be below 1% in 2017 and 2018.

CHINA'S ENERGY CONSUMPTION UP 1.4%
October, 16, 11:40:00

OPEC EXPECTATION

The Organization of Petroleum Exporting Countries and allies including Russia have been cutting oil production this year to bring fuel inventories in industrialized nations back in line with the five-year average.

CHINA'S ENERGY CONSUMPTION UP 1.4%
October, 16, 11:35:00

JAPAN LNG INVESTMENT

The Japanese government will offer $10 billion to support firms bidding to build liquefied natural gas (LNG) infrastructure around Asia, the Nikkei business daily said on Monday.

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