BEIJING - China
imported 69.408 million tons of crude oil in 2002, an
increase of 15.2 percent year-on-year, and the import
value amounted to US$12.761 billion, up 9.3 percent. Its
rapidly growing dependence on foreign oil sources is a
growing topic of concern among leaders in Beijing.
The import of crude oil accounted for 30.04
percent of the total on the domestic market, indicating
that China's oil production is far from satisfying the
domestic market demand.
A survey shows that
China imported 16.503 million tons of fuel oil in 2002,
a drop of 9.1 percent over the previous year, but its
proportion accounted for 48.02 percent of the total on
the domestic market. The import value reached $2.613
billion, down 2.3 percent from the previous year.
It imported 2.147 million tons of kerosene in
2002, up 0.9 percent year-on-year, accounting for 24.66
percent of the total on the market. The import value
came to $553 million, down 4.4 percent from the
previous year.
China exported 7.208 million tons
of crude oil in 2002, down 4.5 percent from the previous
year. The export value totaled $1.232 billion, down 11
percent.
The export of kerosene was 1.7 million
tons valued at $400 million, down 4.8 percent and 16.8
percent, respectively.
The export of diesel oil
reached 1.257 million tons valued $271 million, up 490
percent and 432 percent, respectively.
The
export of fuel oil came to 612,000 tons valued at
$99.73 million, up 41.8 percent and 44.7 percent.
