China’s Jan.-July crude oil output up 1.1 pct
China produced 108.69 million tons of crude oil in the first seven months of the year, up 1.1 percent from a year earlier, according to data from the country’s top economic planner National Development and Reform Commission.
In the seven months, the country imported 96.37 million tons of crude oil, which was 14.8 percent higher than the previous same period.
The country’s refiners processed 188.26 million tons of crude in the period, up seven percent from a year ago. Gasoline and diesel productions over the Jan.-July period were respectively 8.7 percent and 6.2 percent higher than one year ago.
Natural gas output soared 17.1 percent year on year to reach 38.6 billion cubic meters.
Among major petrochemical products, ethylene saw an output rise of 15.8 percent while the production growths for caustic soda and soda ash respectively reached 16.4 percent and 8.6 percent, all on a year-on-year basis.
Fertilizer and pesticide productions also went up 11.8 percent and 21.6 percent year on year in the seven months.
In July, the country’s crude oil output was actually 1.7 percent lower than a year earlier, thought refinery throughput growth went up 6.7 percent, 3.1 percentage points lower than that in June.
July gasoline and diesel outputs were respectively 13 percent and 6.5 percent higher than a year ago. Natural gas output increased 19.8 percent, down 1.9 percentage points from June.
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