China's 2021 Oil Refinery Output Rises 4.3% to Record on Strong Fuel Demand
01.17.2022 By Ricardo Perez - NEWS

January 17, 2022 [energy.economictimes.indiatimes] – Total refinery throughput last year reached 703.55 million tonnes, or 14.07 million barrels per day (bpd), data from the National Bureau of Statistics showed on Monday, roughly 620,000 bpd above the 2020 level.

 

China’s refinery output hit a record in 2021, up 4.3% from 2020, on robust first-half fuel demand in particular and as refiners ramped up processing to fill a supply gap after a hefty new tax closed loopholes in blending China’s refinery output hit a record in 2021, up 4.3% from 2020, on robust first-half fuel demand in particular and as refiners ramped up processing to fill a supply gap after a hefty new tax closed loopholes in blending fuel imports.

Total refinery throughput last year reached 703.55 million tonnes, or 14.07 million barrels per day (bpd), data from the National Bureau of Statistics showed on Monday, roughly 620,000 bpd above the 2020 level.

December output was 58.73 million tonnes, or about 13.83 million bpd, down 2.1% on year, reversing a brief rebound in November when state refiners raised processing to plug a short-lived diesel supply crunch.

Click Here to Access a 7,000 Tank Terminal Database With a Pro Trial

7,000 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More