No. 08



China To Increase Crude Oil Imports While Maintaining Products Imports Ban

China will increase its imports of crude oil to more than 40mn tons (822,000 b/d) this year, with supplies coming from the Middle East and Southeast Asia, but will maintain a ban on the import of refined products, according to a report in the China Daily on 14 February.

The report said that China imported 36.61mn tons of crude in 1999 (752,000 b/d), an all-time high, and that...