2019-05-15 11:50:00
CHINA'S OIL THROUGHPUT 12.7 MBD
PLATTS - China's refinery crude throughput rose 5.1% year on year to 52.1 million mt, or 12.73 million b/d in April, a record high on barrel per day basis, preliminary data released Wednesday by the National Bureau of Statistics showed.
The volume was also up by 1.5% from 12.54 million b/d in March, when it almost matched the last historical high recorded in September last year.
Over January-April, total refinery crude throughput across China was 4.7% higher year on year at 207.47 million mt, or 12.67 million b/d, the data showed.
In the upstream segment, China's crude production in April edged up 0.6% year on year to 15.71 million mt, or an average of 3.84 million b/d.
In the first four months of this year, China's crude output was also up 0.6% year on year at 63.06 million mt, averaging 3.85 million b/d, the data showed.
Meanwhile, natural gas production in China increased 7.9% year on year to 14.1 Bcm in April. Natural gas output over January-April was around 58.1 Bcm, up 9% year on year.
More detailed data including production figures for oil products is expected to be released by the NBS in the next few days.
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Earlier:
2019, May, 13, 12:55:00
CHINA'S OIL IMPORTS UP
Imports last month were 43.73 million tonnes, equal to 10.64 million barrels per day (bpd), according to data from the Chinese General Administration of Customs.
2019, April, 24, 11:15:00
CHINA AGAINST IRAN SANCTIONS
China is resolutely opposed to the United States enforcing unilateral sanctions or “long armed jurisdiction”, Geng Shuang, a ministry spokesman, told a daily news briefing.
2019, April, 15, 12:05:00
CHINA'S OIL INVESTMENT $74 BLN
China’s three state-owned oil companies are boosting domestic and overseas investment with the aim of increasing crude oil and natural gas output.
2019, April, 12, 11:55:00
2019 GLOBAL OIL DEMAND EXCEED 100 MBD
Total world demand for the year is now expected to reach 99.91 mb/d and exceed the 100.00 mb/d threshold during 2H19. OECD oil demand growth is projected to reach 0.21 mb/d, with OECD Americas leading the increase, while oil demand in the non-OECD region is projected to rise by around 1.0 mb/d, with Other Asia and China being the primary contributors to growth.
