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QNA & Agencies

Beijing

China’s natural gas output registered stable growth in August, data from the National Bureau of Statistics showed.

The country produced 18.1 billion cubic meters of natural gas last month, up 6.3 percent from a year earlier.

The country imported 10.86 million tonnes of natural gas last month, up 22.7 percent year on year. The growth rate was 3.8 percentage points higher than that of July, according to the bureau.

From January to August, China’s natural gas output rose 5.7 percent year on year to 152.1 billion cubic meters.

China’s oil refinery throughput in August rose to a record as processors in the world’s second-largest crude consumer kept run rates high to meet summer travel demand and capitalise on strengthening export margins, according to another report.

Total refinery throughput was a record 64.69 million metric tonnes last month, up 19.6 percent from a year ago, the fastest annual growth since March 2021.

That is the equivalent of 15.23 million barrels per day (bpd), also a record on a daily basis and up from the 12.64 million bpd processed a year earlier when extensive refiners to cut runs.

August throughput was also up from July’s 14.87 million bpd. Year-to-date throughput gained 11.9 percent from a year earlier to 491.4 million tonnes, or 14.76 million bpd.

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18/09/2023
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