VOL. XLIII

No. 15

10-April-2000

CHINA

ChinaTo Substantially Increase Crude Import Dependence

by David A Pietz

The following article is by David A Pietz of Energy Security Analysis Inc, Boston, and is based on his reportFueling China: Oil and Gas Demand to 2010, published by ESAI in March (Websitewww.esai.com).

Although government policy and slowing rates of economic growth will restrain oil demand in China during the next decade, petroleum product consumption will indeed grow by roughly 4.5%....