The Conversation (0)
Rigzone.com reported on China’s Heavy Demand for Heavy Oil:
Rigzone.com reported on China’s Heavy Demand for Heavy Oil:
Oil consumption in China is nearly double that of its oil production per day—6.3 million versus 3.5 million barrels per day (b/d), respectively. How long can the country sustain this rate without losing energy resources? Notwithstanding China’s push to increase oil imports, this quandary is driving its interest in producing heavy oil.
