27 March 2012 10:17 [Source: ICIS news]
The report - jointly written by China Petroleum Enterprise Association and China University of Petroleum - did not give any projections of
According to the report, Chinese demand for fossil energy in general grew by 3.3% in 2011, compared with 6.9% in 2010.
Its demand for natural gas increased by 20.5% in 2011, compared with 15.9% in 2010, said the report.
The report added that
However, there will continue to be an excess supply of gasoline in the domestic market, while diesel supply will be tight.
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