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Crude oil imports exceed 100 million tons in first three quarters

Crude oil imports exceed 100 million tons in first three quarters

четверг, 19 октября 2006 09:55:04

China imported 109.25 tons of crude oil in the first three quarters of this year.

Imports in September account for 13.46 million, up 24 percent from the same period of last year.

Experts attribute the growth of imports in September to the recent decline of oil prices on the international market.

Although the domestic annual output of oil is increasing annually, it is still not enough to meet demand.

To end dependency on exports, China should reform its traditional growth pattern, which consumes a lot of resources, is inefficient, and produces a lot of pollution. Measures should be taken to achieve the goals of energy efficiency, say experts.

By People's Daily Online




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