China's Annual Oil Consumption Growth To Slow To 5%

Chinas Annual Oil Consumption Growth To Slow To 5%
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Παρ, 12 Αυγούστου 2011 - 13:07
Growth in China's apparent oil consumption is expected to ease to an average 5% a year between 2011 and 2015, down from the 7.7% annual growth in the previous five years, the state-controlled China Daily reported Friday.
Growth in China 's apparent oil consumption is expected to ease to an average 5% a year between 2011 and 2015, down from the 7.7% annual growth in the previous five years, the state-controlled China Daily reported Friday.

The expected slower growth reflects reduced economic expansion and government efforts to cut carbon emissions, Fan Debiao, head of the China Petroleum and Chemical Industry Federation said in the report.

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