China increases oil production 09:34

In the January-February 2024 period, China increased its oil production by 2.9% annually to 35.11 million tons. writes about this TASS With reference to data from the State Statistics Administration (SSA) of the People’s Republic of China.

At the same time, the country purchased 88.31 million tons of oil, increasing imports of such fuels by 5.1%.

At the same time, China’s coal production in this period decreased by 4.2% compared to the same period last year, falling to 710 million tons. However, coal imports increased by 22.9% to 74.52 million tons.

“In the January-February period, oil production volume reached 35.11 million tons, with an annual increase of 2.9%. According to materials of the State Administration of China, oil imports also increased by 88.31 million tons (+5.1% by 2022).

In the energy sector, China’s largest enterprises increased their electricity production by 8.3% to 1.49 trillion kWh in the first two months of 2024. Thermal energy production increased by 9.7% and hydroelectricity production increased by 0.8%. Nuclear and wind power plants increased production by 3.5% and 5.8%, respectively. Solar energy grew by 15.4 percent.

Before that it was known in China. intend Increasing oil purchases from Russia to record levels.

Early China sharply reduced Purchase of Russian coal.

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Source: Gazeta

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