Others News
- Oil demand may rise 4.5% annually
Date: 6-Dec-2007 Sources: (Shenzhen Daily)
CHINA'S oil demand will rise 4.5 percent annually till 2015, the nation's largest oil firm said in a research report yesterday.
The nation's oil demand may reach 515 million metric tons by 2015 from 346 million tons in 2006, the CNPC Research Institute of Economic and Technology, the think tank of China National Petroleum Corp., said in a statement. China's gasoline demand may rise to 76.7 million tons by 2015 and kerosene demand may double to 23.3 million tons, it said. Diesel demand may climb 5.7 percent annually to 192.1 million tons and fuel oil demand may gain 2.4 percent annually to 59.26 million tons.
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