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China’s crude oil output down 2.2% in March

Updated: May 13,2018 5:22 PM     Xinhua

BEIJING — China’s crude oil output fell 2.2 percent year-on-year in March, data showed.

Crude oil output of major producers came in at 15.96 million tons, according to the National Bureau of Statistics.

Data given by the General Administration of Customs showed the country’s imports in March reached 39.17 million tons.

In March, refineries processed 51.51 million tons of crude oil, up 8.3 percent year-on-year.

Meanwhile, China’s natural gas output grew 0.4 percent year-on-year to 13.5 billion cubic meters in March, while imports of natural gas grew 38 percent year-on-year to reach 8.23 billion cubic meters.

China aims to increase annual domestic crude oil output to 200 million tons by 2020, while supply capacity for natural gas should exceed 360 billion cubic meters.