October 2005

Misc

China oil demand growth rate slows in 2005

WENDY WEIRAUCH, MANAGING EDITOR       Comments? Write: WW@HydrocarbonProcessing.com After the unpr..

WENDY WEIRAUCH, MANAGING EDITOR       Comments? Write: WW@HydrocarbonProcessing.com After the unprecedented high growth of nearly 15% in 2004, China's petroleum product demand growth "has become very difficult to gauge," reports a new analysis from FACTS Inc. (www.factsinc.net). Reliable data for first-half 2005 show that demand growth has been slowing down significantly. For the year as a whole, the base-case projection for real petroleum product demand is 6%, considerably lower than the double-digit growth seen in 2004. "Major fa

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