China oil imports hit record high

Price no deterrent to demand in world's second biggest oil consumer.

    China is expected to import 100 million tonnes
    of oil by 2010 [GALLO/GETTY]


    The average price for refined oil products was up nearly $96 a tonne last year compared with the previous year's figures.
    Demand in China, the world's third biggest oil importer after the US and Japan, is expected to increase to 100 million tonnes in 2010.

    SOURCE: Agencies


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