The volume of oil refining by Chinese refineries in the first two months of 2019 grew by 6.1% over the same period last year to a record daily peak. Growth was ensured by the launch of the refinery by new private refineries, reports fomag.
According to the National Bureau of Statistics of China (NBS), the volume of refining in January and February amounted to 102,490,000 tons. The Statistics Office did not provide data for each month due to the weekend weekend on the occasion of the New Year celebrations on the lunar calendar, which occurred at the beginning of February.
The daily level of processing was about 12680000 bar., Reuters counts, based on NBS data. This figure exceeded the previous high of 12.49 billion bars. / Sut., Achieved in September 2018 The average processing level for all 2018 was 12070000 bps.
NBS data also showed that China has recovered 30690000 tons of oil in the first two months of this year, which is 0.5% more than in the same period last year.
The production rate at the level of 3797000 b / sec decreased from a comparison with 3845000 b / s in December, but exceeded the average for 2018 at 3780000 bps.Natural gas production for the reporting period grew in China by 9.2% yoy to 28.7 billion cubic meters. m. In 2018, production increased by 7.5%.As reported by enkorr, crude oil consumption in China, the world’s largest importer, grew by 6.1% in the first two months of 2019, to a record 12680000 bps.
Source: enkorr