男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

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: 黄浦区| 新蔡县| 黎川县| 抚州市| 虹口区| 聊城市| 漳州市| 崇左市| 奉贤区| 辽宁省| 洞头县| 庄浪县| 乐安县| 青龙| 无为县| 潞西市| 根河市| 海口市| 吉木乃县| 绥棱县| 唐海县| 巩留县| 大宁县| 廊坊市| 玛沁县| 西充县| 赤壁市| 凌源市| 清涧县| 衡山县| 宣威市| 肥西县| 宝兴县| 安义县| 牟定县| 定兴县| 宁海县| 淮滨县| 拉孜县| 湘潭县| 宁陕县| 晋宁县| 常宁市| 临漳县| 临漳县| 柘城县| 新疆| 肃宁县| 甘洛县| 伊金霍洛旗| 侯马市| 日喀则市| 阜宁县| 盐边县| 新河县| 洞口县| 开平市| 建水县| 赤壁市| 罗甸县| 年辖:市辖区| 左权县| 宝坻区| 丽江市| 乳山市| 泰顺县| 石景山区| 黄浦区| 西青区| 上蔡县| 高雄县| 鸡西市| 东乡县| 连平县| 融水| 白朗县| 苍溪县| 来宾市| 眉山市| 资中县| 广德县| 苗栗市|