China well on way to being largest oil importer
By Lan Lan | China Daily | Updated: 2013-03-07 07:40
|
A crude oil depot facility in Ningbo, Zhejiang province. China's net crude oil imports were 5.40 million barrels a day in 2012, and the country could soon overtake the United States as the largest oil importer in the world. Zhang Heping / For China Daily |
China could overtake the United States as the world's largest oil importer earlier than expected, while US net oil imports continue to drop due to its booming domestic supply - a remarkable shift between the world's two largest energy consumers.
Photo
