China'S Crude Oil Has An External Dependency Of 55.2%&Nbsp; First Exceeds The US.

According to the data released yesterday by the Ministry of industry and commerce, China's crude oil dependence is 55.2%. Transcend U.S.A. Reporters learned that this is the first time China's crude oil dependence on foreign trade broke the record in successive years, surpassing the United States for the first time.

The Ministry of industry and Commerce disclosed the above report in the report on the economic operation of the petroleum and chemical industry in the first half of 2011. data . The report said that since this year, China's energy consumption has continued to grow rapidly and its dependence on foreign countries has been expanding. From 1 to May, domestic apparent consumption of oil (output plus net imports) reached 1.98 billion tons, an increase of 10.3% over the same period last year. The growth rate dropped slightly by 1.6 percentage points from 1 to March, and continued to maintain rapid growth. Among them, the apparent consumption of crude oil is 1.91 billion tons, an increase of 8.5%, and its dependence on foreign countries is 55.2%, which has surpassed the US (53.5%). According to the Ministry of industry and information technology, the growth rate of oil consumption in China is faster than the GDP growth rate. The growth of energy consumption is too fast, which brings enormous pressure to energy production and energy saving and emission reduction.

The so-called external dependence of crude oil is the degree of external dependence on China's crude oil consumption, which involves the issue of energy security in China. What is more noteworthy is that the growth of China's crude oil dependence on foreign countries is linked to the rise in crude oil prices. The two parties stimulate each other, making the cost of China's imported crude oil increase greatly. In the first 5 months, the domestic crude oil imports amounted to 1.07 million tons, an increase of 11.3% over the same period last year, with an average import volume of 21 million 302 thousand tons. The import amount was 78 billion 899 million US dollars, an increase of 45.6% over the previous year, accounting for 45.1% of the total import trade. The import average price was 740.8 dollars / ton, up 30.8% over the same period last year.

The data released yesterday by the Ministry of industry and information also showed that China's petrochemical and non-ferrous metal industry maintained stable operation in the first half of this year, and the steel industry continued to operate inefficiently. By the end of 6, the scale of the petrochemical industry (above 20 million yuan) had reached 26518 enterprises, with a total output value of 5 trillion and 320 billion yuan, a record high, an increase of 34.4% over the previous year, accounting for 13.44% of the total industrial output value of the whole country.

expert unscramble

Lin Boqiang, director of the China Energy Economics Research Center, Xiamen University (micro-blog), said that as a developing country, China's rapid economic development must be accompanied by energy consumption. increase However, China's crude oil dependence rate is growing too fast, with 3 percentage points per year, coupled with the high price of crude oil, the pressure on China is doubled. Lin Boqiang believes that the external dependence of China's crude oil surpasses the US, among which the external dependence of US crude oil has been decreasing in recent years. The core reason for the decrease of US crude oil's dependence on foreign countries is that the exploitation of shale gas has changed the energy structure of the United States.

Turning to the way of China's change, industry experts said that China has been considering the issue of energy consumption in a comprehensive way, and put forward the goals and requirements of energy conservation and emission reduction. In the field of crude oil, China should vigorously develop alternative energy sources, build oil reserves, diversify the import channels, and improve the energy security capability.