VOL. XLVII

No 03

19-January-2004

SUPPLY/DEMAND

Chinas Energy Strategy Reflects Supply Vulnerability, Says Deutsche Bank

Every aspect of Chinas energy industry seems to be on the rise except for oil production, according to Deutsche Bank analysts Adam Sieminski, David Hurd and Jay Saunders. In the report Taking Stock of Chinas Energy Challenges, published on 9 December, the authors observe: Demand is outpacing supply; imports are growing at a record pace. With imports estimated to reach 3.3mn b/d...