Home> Business
Oil imports hit alarming level in China
January-14-2010

China's crude oil dependency reached alarming levels last year with more than half of the country's total oil consumption coming from abroad, latest official statistics show.

Figures from the General Administration of Customs show imported oil in December hit a record 21.3 million tons, pushing the country's total oil imports last year to 204 million tons.

Imported crude oil accounted for 52 percent of the country's total oil consumption last year, experts said. Importing more than 50 percent is a globally recognized energy security alert level.

China produced about 190 million tons of oil in 2009.

"This year we will control the amount of imported oil and accelerate the exploration of domestic oil and natural gas," Zhang Hongtao, chief geologist with the Ministry of Land and Resources, told China Daily yesterday.

Due to the country's fast economic development, increased oil imports will continue for a long time and stepping up the exploration and development of natural gas as substitute energy is very urgent, he said.

Analysts believe that by 2020, nearly 65 percent of the oil consumed in China will have to be imported. China's oil dependency reached 45 percent in 2006 and grew at two percent every year after that. The country first became a net importer of crude oil in 1993.

The oil industry challenges the country's energy security, some energy experts said.

Lin Boqiang, director of the research center of China energy economics at Xiamen University, told China Daily yesterday that as a fresh player in the international oil market, China has acted only as the buyer not the seller and the surging oil price means constantly losing money.

Letting domestic oil companies explore and refine oil is a good way to help China establish its role as a seller in the international oil market, he added.

"An effective way to avoid China's oil dependency is to change the domestic energy consumption pattern and to encourage the development and use of electric vehicles, because about 60 percent of the oil consumption is for vehicles," Lin said.

China is not the only major country that has passed the 50 percent energy security alert level - Japan and South Korea import more than 90 percent of their crude oil, while the United States imports more than 60 percent of its crude oil needs, China Business News reported yesterday.

Wang Zhen, director of the China research center for strategic energy under China University of Petroleum, told China Business News that numbers are important but we should pay more attention to how to increase the efficiency of energy consumption.

 
主站蜘蛛池模板: 中文字幕在线视频不卡| 国产欧美综合一区二区| 久久久久亚洲av成人网| 欧美一级特黄aa大片在线观看免费| 免费A级毛片在线播放不收费| yy6080一级毛片高清| 天天做天天爱夜夜爽| 久久精品国产精品亚洲毛片| 精品久久久久久久中文字幕 | 国产福利一区二区在线观看| 中文在线观看国语高清免费| 日韩aⅴ人妻无码一区二区| 亚洲av中文无码乱人伦在线观看 | 欧美三级黄视频| 亚洲国语在线视频手机在线| 浮力影院第一页小视频国产在线观看免费 | **字幕特级毛片| 国内精品视频一区二区三区八戒| sihu免费观看在线高清| 精品国产午夜福利在线观看| 男女午夜性爽快免费视频不卡| 天堂资源在线官网| 一级毛片一级毛片一级毛片 | 束缚强制gc震动调教视频| 亚洲性一级理论片在线观看| 沦为色老头狂欲的雅婷| 亲胸揉胸膜下刺激网站| 男人天堂视频网| 免费久久人人爽人人爽av| 精品久久久久久久久午夜福利| 午夜亚洲国产精品福利| 综合人妻久久一区二区精品 | 成年女性特黄午夜视频免费看| 久久99视频精品| 日本一道本在线视频| 久久九九国产精品怡红院| 日本高清H色视频在线观看| 久久精品人妻中文系列| 日韩午夜免费视频| 久久精品国产亚洲AV麻豆网站| 日韩精品专区在线影院重磅|