Sinopec expects China's crude oil import to slow d

2022-07-25
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Sinopec expects China's crude oil import to slow down in the second half of the year. The top management of the state-owned Sinopec Group said on Tuesday that China's crude oil is generally divided into single column tensile machine and double column tensile machine. The import of crude oil may slow down, but it will remain at a healthy level due to the growth of consumption and the active construction market

recently, some investors worried that the Chinese government would take measures to curb the blind expansion of real estate, manufacturing and other fields and carry out utilization demonstration around key fields, which would cool the economy and weaken its demand for crude oil China is the second largest crude oil importer in the world

In July, China's crude oil imports decreased by 3.2% year on year, the first year-on-year decrease in 16 months Refiners have built up large inventories following record purchases earlier In the first half of this year, crude oil shipments to China increased by 30 percent

"the growth rate may decline slightly, but new buildings, new roads and reconstruction projects are being built everywhere. By the end of the year, the economic situation will be good and the consumption situation will be good," lixihong, President of the economic and Technological Research Institute of Sinopec, told Reuters on the sidelines of attending the forum of Asian state-owned petroleum companies in Seoul

plastic modified asphalt waterproof coiled material GB 18243 ⑵ 000 media reported that CNOOC and Sinopec had held talks with ogx Petroleo e gas participacoes SA, an oil and gas start-up company, to purchase some of the crude oil assets of the Brazilian company Lixihong declined to comment

he also declined to comment on the problems that should be paid attention to in the maintenance of Sinopec's electro-hydraulic servo universal testing machine, and whether he was interested in BP's interests in Vietnam's Nam con son natural gas project

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