China: Crude oil production increases 1.6 percent
(MENAFN)China’s crude oil production expanded by 1.6 percent year on year in 2020, with full-year imports posting a 7.3-percent surge, statistics from the National Bureau of Statistics (NBS) revealed.
The country’s crude oil production came in at 195 million tons last year, with manufacture in December seeing a 0.9-percent growth on a yearly basis to hit 16.27 million tons.
As one of the world’s main oil buyers, the country imported 540 million tons of crude oil in 2020, increasing 7.3 percent year on year.
In December alone imports contracted 15.4 percent from a year earlier to 38.47 million tons, according to the NBS statistics.
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