Oil Consumption in China

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					Oil Consumption in
      China


             Xu Jianyi
    National Bureau of Statistical
1. Year 2003 Oil consumption


  China have be second largest oil
  consumption in the world. 2003 oil
  consumption 271.3 mil.Ton. increase
  9.5% than last year.
              Oil production and consumption

300.0
250.0
200.0
150.0
100.0
                                       Oil production(mil.ton)
50.0                                   Oil consumption(mil.Ton)

 0.0
   80
        82
             84
                  86
                       88
                            90
                                 92
                                      94
                                           96
                                                98
                                                     00
                                                          02
 19
        19
             19
                  19
                       19
                            19
                                 19
                                      19
                                           19
                                                19
                                                     20
                                                          20
           2. Oil import
Because oil production increase
 slowly (169.6 106 tn 1.56%), So import
 increase very fast. 2003 0il import
128.6 106 tn, increase 25.2%. Net
 import take 38.2% of consumption.
 This first half year oil import 80.9 106
 tn, increase 42.3% compare with
 same period of last year.
                         0il import

140
120
100
 80
                                                         Oil import
 60                                                      import increas
 40
 20
  0
-20
   95

          96

                 97

                        98

                               99

                                      00

                                             01

                                                    02

                                                           03
-40
 19

        19

               19

                      19

                             19

                                    20

                                           20

                                                  20

                                                         20
          3. Oil substitute


   In order to meet the increase of oil
consumption. The project of oil substitute
has be carry out.
1) The project of gasoline added grain
alcohol have done in several provinces,
like Jilin, Heilongjiang, Hebei, Henan,
Anhui. In the near future the aim: using
grain alcohol 4 106 tn per year.
2) The project that transform coal
in to oil products have be done in
inner Mongolia province this year.
The aim: produce oil products 5
106 tn per year.
Up to 2006, first production line will
produce oil products 3 106 tn in one
year.
4. Oil data of consumption and stock


  In order to improve oil data
  quality what we have done ?
-Last year we set up new
 questionnaire to collect oil
 consumption data from
 industry enterprises
 quarterly
-This year new
 questionnaire for three
 large companies (CNPC,
 Sinopec, CNOOC) monthly
- Now our oil data of
 consumption and stock is
 more integrated in monthly.
5. Stock
  China oil stock include three part:
  -Oil production stock, by producing
  enterprise
  -Oil consumption stock, by using
  enterprise.
  - circulation and commercial stock,
  by three large companies (CNPC,
  Sinopec, CNOOC)
Structure of oil stock
           structure of oil stock




                         25%

    48%


                        27%         producer
                                    consumer
                                    circulation
Because many reason China’s oil
stock level is very lower. With the
help of international organization.
China will increase oil stock of
national strategic.
First step will added oil stock 16 106
tn. Stage by stage national strategic
stock will up to 90 day import
quantity.
      6. Oil stock data release

This year we set up new system of oil stock
data by month. In one hand we have to
observe and research the quality of data. On
the other hand due to secrecy, we have to
contact with some department. So this year
we only reported oil stock change to JODI
IEA APEC monthly. Now we are making effort
to prepare report stock opening and closing
monthly from next year.
Thank You