www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Growth in oil use to slow in tandem with economy

Updated: 2011-08-12 10:19

By Zhou Yan (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

Growth in oil use to slow in tandem with economy

A worker at a gas station refuels a vehicle in Wujiang, Guizhou province. China's apparent oil consumption growth is expected to ease to 5 percent annually from 2011 to 2015. [Photo / Bloomberg]

Efforts to reduce emissions will also have an impact during 2011 to 2015

BEIJING - Growth in China's apparent oil consumption is expected to ease to 5 percent a year on average from 2011 to 2015, reflecting slower economic expansion and efforts to cut emissions, an official of the China Petroleum and Chemical Industry Federation (CPCIF) said on Thursday.

The world's second-biggest economy recorded average annual growth of 7.7 percent in apparent oil consumption from 2006 to 2010.

Apparent consumption equals production plus net imports.

China's robust oil demand in early 2011 contributed to higher world crude prices, but upward pressure will largely ease for the rest of the year as economic growth slows, said Fan Debiao, head of the federation's information and marketing department.

The CPCIF estimate came just a day after the International Energy Agency (IEA) cut its forecast for China's oil demand this year and the next on anticipation of an economic slowdown.

The IEA said that China's oil demand will average 9.62 million barrels a day this year, 80,000 barrels less than its previous projection.

"We project domestic apparent oil demand, which includes domestic production and imports but excludes exports, will have a year-on-year rise of 6 percent in 2011, broadly easing from the first half of this year," Fan said.

From January to May, China, the world's second-biggest oil consumer, reported a 10.3 percent year-on-year increase in apparent oil consumption, according to the Ministry of Industry and Information Technology.

The ministry forecast last week that this year's apparent domestic oil demand would rise 6.5 percent.

Figures from a research arm of China National Petroleum Corp showed apparent oil demand surpassed 400 million tons for the first time last year, reaching 439 million tons, up 13.1 percent from a year earlier.

It projected earlier this year a 7.2 percent year-on-year growth rate in 2011.

"A sharp slowdown in diesel and gasoline demand is widely expected, as oil demand is a mirror of a country's economic situation. In this regard, a cooling Chinese economy will curb the country's need for oil," said Wang Jintao, an analyst at chem365.net, an online information provider for the petrochemical industry.

China's economic expansion has decelerated in recent months after the government acted to reduce excess liquidity to curb soaring prices. First-half GDP rose by 9.6 percent year-on-year, a notable slowdown from 11.1 percent in the first half of 2010.

Meanwhile, the official manufacturing purchasing managers index (PMI) for July dropped to 50.7, the lowest in 29 months.

"The pace of the slowdown into the third quarter remains broadly in line with our expectations and around 9 percent growth in 2011," Barclays Capital said in a recent research note.

 

主站蜘蛛池模板: 九九久久精品这里久久网 | 久久悠| 清纯唯美综合网 | 在线看免费观看韩国特黄一级 | 正在播放国产精品 | www片| 99视频在线永久免费观看 | 美女张开腿让男人 | 一级做a爰片欧美一区 | 精品在线视频一区 | 久草手机在线播放 | 最新亚洲情黄在线网站无广告 | 韩国免费毛片在线看 | 1717she国产精品免费视频 | 久久毛片网 | 国产精品v免费视频 | 色吧久久 | 黄色福利网 | 99re热视频这里只精品 | 欧美一区二区三区日韩免费播 | 在线成人aa在线看片 | 三级全黄的全黄三级三级播放 | 免费一区区三区四区 | 久久精品国产屋 | 国产在线91精品入口首页 | 男人的天堂在线观看视频不卡 | tubesexvideo日本护士 | 国产精品精品国产一区二区 | 亚洲国产另类久久久精品小说 | 一级淫片免费视频 | 玖玖玖视频在线观看视频6 玖玖影院在线观看 | 中文字幕一区中文亚洲 | 国产成人综合日韩精品无 | 99久久免费国产精品 | 高清日本在线成人免费视频 | 高清免费国产在线观看 | 日本一区三区二区三区四区 | 亚洲天堂视频一区 | 欧美透逼视频 | 亚洲免费小视频 | 成人免费一级在线播放 |