CNPC January 24 at its official website a report disclosed that the 2011 China Petroleum (601857 stock bar, market, information, main sale) demand will reach 483 million tons, up 6.2% growth rate fell 5 percentage points.
the Central Economic Research Institute of petroleum released the Oil demand is expected to continue rapid growth, which continued oversupply of gasoline and diesel continued tight supply and demand.
The report also predicts a processing capacity of crude oil this year, will add 24.5 million tons / year; natural gas consumption is expected to quickly rise to 130 billion cubic meters, of which domestic natural gas production will be the first time exceeded 100 billion square.
report further projected that world oil demand will continue to grow, fluctuations in international oil prices this year range 70-100 dollars / barrel, an average price of 85-90 dollars / barrel, higher than 2010 levels.
The report also pointed out that in 2010, China's apparent consumption of oil reached 455 million tons, an increase of 47 million tons. The same period, domestic crude oil production, net imports both exceeded 200 million tons of crude oil; 950 billion cubic of natural gas production, consumption for the first time exceeded 100 billion square; most offshore oil and gas production for the first time exceeded 50 million tons of oil equivalent. Domestic refining break 500 million tons of total capacity, the annual crude oil processing capacity exceeding 4 million tons.
2010, China's dependence on foreign oil more than 55%; 17 billion natural gas imports side, the foreign dependency rate to 16%.
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