China Oil demand and Refinery Capacity Chinas Oil Refinery Capacity increases fast (炼油能力成倍增长)China’s oil refinery capacity is likely to increase in a fast pace in the next 5 years. According to the latest estimate, China’s refining capacity exceeded the oil demand for the first time in history in 2009. Given the current trend, the refining capacity is likely to exceed the demand for 2009 onwards. China is not the world’s second largest oil consumption country only after USA.

中国的炼油产能在未来几年将连续增长。2009年中国的炼油产能第一次超出了对油料的需求。根据目前的估计,此趋势很可能会继续到可预见的未来几年。

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