Last updated at: (Beijing Time) Thursday, March 27, 2003
North China Port Reports Crude Oil Imports Surge
Imports of crude oil at north China's Tianjin port in February reached 66,600 tons, worth 15.04 million US dollars, up 21 percent and 76.5 percent year on year respectively, according to local customs.
Imports of crude oil at north China's Tianjin port in February reached 66,600 tons, worth 15.04 million US dollars, up 21 percent and 76.5 percent year on year respectively, according to local customs.
The average price for the imported crude oil in February stood at 225 US dollars each ton, rising 45.93 percent year on year.
The average price stayed high in January and February, surging 50 percent over the same period last year.
During recent years, the crude oil imported at Tianjin has mainly been from Indonesia, Norway, Britain and Russia.