Latest News:  


Chinese oil refiners grow steadily


09:23, February 15, 2013

BEIJING -- China's oil refining industry grew steadily in 2012 as a result of rising domestic consumption, according to a report from the country's top economic planner.

Chinese oil refiners processed 467.91 million tons of crude oil in 2012, up 3.7 percent year-on-year, said a report posted on the website of the National Development and Reform Commission.

Domestic demand has basically been met, with consumption of gasoline and kerosene rapidly rising, according to the report.

Buoyed by the expansion of both the auto market and aviation industry, the apparent consumption of gasoline and kerosene in 2012 rose 12.2 percent to 86.84 million tons and 14 percent to 20.95 million tons, respectively, whereas diesel consumption stayed almost flat at 169.73 million tons, the report said.

The NDRC said imports of refined oil dropped 16.9 percent to 7.16 million tons last year due to abundant domestic supplies, while exports shrank 3.3 percent to 12.23 million tons due to tighter controls over outbound oil products.

We recommend:

Export woes need for change in trade structure

Sweet smell of profit if it's an Internet domain

Sina seeks new revenues while battling WeChat

China Mobile expands 4G trials to Zhejiang

Robot pavilion opens to public at Taipei

Ministry acts on dairy safety

Email|Print|Comments(Editor:HuangBeibei、Li Zhenyu)

Leave your comment0 comments

  1. Name


Selections for you

  1. Chinese marine ships continue regular patrol

  2. China eyes closer cooperation with IFAD

  3. Binche Carnival kicks off in Belgium

  4. Heavy fog hits Jiangsu in E China

  5. Lantern show held to celebrate Spring Festival

  6. Luxury car sales in overdrive

  7. Florists prepare bouquets for Valentine's Day

  8. Tranquil moment as sun sets over Sanya skyline

  9. Business loves Valentine's Day

  10. Animated displays

Most Popular


  1. US to withdraw from Middle East?
  2. Ensure fairness during festival travel rush
  3. Is the wolf really gone?
  4. K-pop on Spring Festival gala stirs controversy
  5. Some media don't get the message: no bootlicking
  6. US playing strategic arms game
  7. Aiming at fairer realty market
  8. Dark business environment breeds dark deeds
  9. Israel-Palestine peace talks dominate Obama's visit
  10. Cowardly officials behind thuggish pawns

What’s happening in China

Young Spanish scientist has a career 'made in China'

  1. Five missing after Yangtze ferry sinking
  2. Prisoners' rights protected by information tech
  3. Beijing air pollution high despite fewer fireworks
  4. Holiday exposes generation gap
  5. Number of road travellers rises as returning begins