China's petroleum products demand to double by 2010

06/07/1999
China's long-term energy demand growth forecast looks healthy, although Asia's recent economic turmoil has dampened energy demand in the short term. This is the view of Datamonitor plc, London, which said that, while coal will remain China's primary energy source because of the country's huge resources of that fuel, consumption of electric power and oil products are set to rise. The analyst predicts that China's power and petroleum products demand will rise rapidly over the next 20 years, driven by the country's burgeoning economic growth, changing economic structure, and improving living standards. Petroleum products demand In particular, deman...
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