China July energy, petrochemical outputs stable on new capacities
16 August 2011 04:59 [Source: ICIS news]
SHANGHAI (ICIS)--?xml:namespace>China’s output of energy and petrochemical products has been growing at a stable rate year on year in July because new capacities were brought on stream, industry sources said on Tuesday.
China’s crude output was at 17.3m tonnes in July this year, an increase of 0.4% year on year.
Its total output for the first seven months of this year was at 120m tonnes, an increase of 3.9% year on year, according to data from China Petroleum and Chemical Industry Federation (CPCIF).
China’s crude processing output in July was at 37.5m tonnes, an increase of 5.9% year on year.
Its total processing output from January to July increased by 6.9% year on year to 261m tonnes, the data showed.
The country’s domestic natural gas output is growing steadily, while its consumption remains high, resulting in a supply-demand balance, a source from CPCIF said.
China’s domestic natural gas output increased by 10% year on year to 8.37bn cubic metre (cbm) in July.
Its total output from January to July was at 59.76bn cbm, an increase of 7.7% year on year, the data showed.
Its ethylene output increased by 11.5% year on year to 1.3m tonnes in July, while its total output for the first seven months was at 9.2m tonnes, an increase of 16.9% year on year.
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