China`s crude oil output up 0.5% in Jan-Nov to 191.31 mln ton

China`s crude oil output up 0.5% in Jan-Nov to 191.31 mln ton

Source: www.chinamining.org   Citation: China Knowledge   Date: December 29, 2014

China, the world`s second largest oil consumer, saw its crude oil output edge up 0.5% year on year to 191.31 million tons in the first eleven months of this year, according to recent figures released by the National Development and Reform Commission.

From Jan to Nov, the country processed 418.15 million ton of crude oil, 3.5% more than in the same period of 2013.

The country saw its output of oil products grow 4.9% year on year to 260.89 million ton in the first eleven months.

China`s consumption of oil products rose 2.6% year on year to 247.06 million ton in the first eleven months. There was 8.2% growth in the consumption of gasoline and 0.8% decrease in the consumption of diesel.

In the month of Nov, China¡¯s crude oil output grew 1.5% year on year to 17.59 million ton, and its output of oil products increased 4.6% year on year to 24.26 million ton.

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