2023-01-16 12:45:00
CHINA OIL, GAS, COAL IMPORTS DOWN
ENERDATA - 16 Jan 2023 - According to the Chinese General Administration of Customs, China's crude oil imports fell by 0.9% to 508.28 Mt (10.17 mb/d) in 2022 (from 513 Mt in 2021). Crude oil imports fell for the second year in a row in 2022 despite rising purchases in the fourth quarter (+4% more crude oil year on year at 48.07 Mt in December 2022, or about 11.3 mb/d). Chinese crude oil imports had hit a record high of 10.8 mb/d in 2020.
China's natural gas imports also fell, by 9.9% to 109.25 Mt in 2022 (121.26 Mt in 2021). LNG imports dropped by 19% to 64.13 Mt in 2022 (79.3 Mt in 2021). Similarly, China’s coal imports fell 9.2% to 293.2 Mt in 2022 (335 Mt in 2021).
In addition, China’s annual fuel exports in 2022 (including gasoline, diesel, aviation fuel and marine fuel oil) remained 11% below 2021 at 53.69 Mt, due to steep reductions in overseas shipments earlier in 2022. However, they reached 7.7 Mt in December, the highest since April 2020 and up from 6.14 Mt in November.
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Earlier:
2023, January, 13, 10:50:00
CHINA OIL DEMAND WILL UP TO 16 MBD
That would take consumption to an all-time high of about 16 million barrels a day, the survey showed.
2023, January, 13, 10:45:00
CHINA LPG IMPORTS WILL UP
China's LPG imports over January-November 2022 rose 7% on the year to 24.2 million mt, led by supply from the US, the UAE, Oman, Qatar and Saudi Arabia, customs data showed.
2022, December, 7, 11:25:00
CHINA'S NUCLEAR SMR
CNNC announced in July 2019 the launch of a project to construct an ACP100 reactor - also referred to as the Linglong One - at Changjiang.
2022, December, 5, 11:40:00
CHINA SOLAR POWER UP BY 29%
Having deployed more than 5.6GW of solar in October, China’s cumulative additions for the first ten months of 2022 were 58.2GW, more than was installed in the whole of 2021.
2022, October, 26, 10:25:00
CHINA'S WIND ENERGY 43 GW
China’s offshore wind capacity stood at 26.4 GW by end-2021. This is the world's largest offshore wind installed capacity, followed by the United Kingdom (12.7 GW).
2022, October, 17, 12:30:00
CHINA'S SLOW DECARBONIZATION
In a two-hour speech to kick off the weeklong Communist Party Congress, Xi said that prudence would govern China’s efforts to peak and eventually zero out carbon emissions.
2022, October, 6, 13:15:00
CHINA OIL DEMAND DOWN
China’s crude oil imports peaked in late 2020 and early 2021 before decreasing as a result of lower domestic demand and higher global crude oil prices.
