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Prospect for China’s finished oil market in 2007 |
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News Archive -
Oil, Gas & Petrochemicals - Nov news
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(Oilnews.com, Dec 22, 2006) Capacity utilization rate of all refiners is expected to reach 93.6 and 97.66 per cent, respectively, in 2006 and 2007. In 2007 output of gasoline and diesel oil will reach 5.17 and 6.9 per cent, respectively.
China is expected to consume 50.5 million and 52.5 million metric tons of gasoline in 2006 and 2007, a year-on-year increase of 4.29 and 3.96 per cent, and 113.64 million and 116.95 million metric tons, an year-on-year increase of 3.62 and 2.91 per cent. source:Oilnews.com Drawn from Chinese language press |