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2014-03-28 08:00:00

CHINA EXCEEDS USA

CHINA  EXCEEDS  USA

OGJ. In September 2013, China's net imports of petroleum and other liquids exceeded those of the US on a monthly basis, making it the world's largest net importer of crude oil and other liquids, according to the US Energy Information Administration.
Rapidly increasing Chinese petroleum demand driven by steady economic development outpaces domestic production growth, pushing up the country's net imports of petroleum and other liquids.
Chinese petroleum and other liquids production is expected to rise 5% between 2011 and 2014 compared with…

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Tags: CHINA, USA, OIL, RUSSIA
Chronicle:
CHINA  EXCEEDS  USA
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