Abstract According to a report from the First Financial Daily, a local energy official revealed that China's energy self-sufficiency rate remained at 91.4% in 2023, marking the third consecutive year that this level has been maintained. This is a significant achievement given the increasing demand for energy and the rising imports of key energy sources.
Since the reform and opening-up era, China's energy self-sufficiency rate has seen a gradual decline. It first dropped below 90% in 2006, reaching a low of 88.2% in 2007. However, it began to recover afterward and has remained around 91.4% since 2010.
Chen Weidong, a senior researcher at CNOOC Energy and Economic Research Institute, explained that maintaining this high self-sufficiency level is not easy. He pointed out that China's energy structure is still heavily reliant on coal, and its consumption patterns have not changed significantly over the years.
In 2012, China consumed a total of 3.62 billion tons of standard coal equivalent. Coal accounted for approximately 66.4%, while oil and natural gas made up 18.9% and 5.5%, respectively. All three of these major energy sources require imports, with coal and natural gas being particularly dependent on external supply.
According to the China Coal Association, the country produced 3.66 billion tons of coal in 2012, but imported 280 million tons—a 29.8% increase compared to the previous year.
The National Energy Administration reported that China’s oil import dependence reached 58.3% in 2012, up by 1.7 percentage points from 2011 and 10.7 percentage points higher than in 2006. Crude oil production was estimated at 204 million tons, while imports hit 272 million tons, leading to an external dependence rate of 56.9%.
Data from the National Development and Reform Commission showed that domestic natural gas production in 2012 was 107.7 billion cubic meters, while imports (including liquefied natural gas) reached 42.5 billion cubic meters. This resulted in a natural gas import dependency of 28.9%, up 4.6 percentage points year-on-year.
Chen Weidong noted that China's energy mix has remained largely unchanged over the years. Coal continues to dominate, accounting for about 70%, while oil remains around 18% and natural gas exceeds 5%.
Because oil and natural gas make up a smaller portion of the overall energy consumption, their import fluctuations have limited impact on the country's self-sufficiency rate.
As domestic energy consumption control measures are implemented, especially regarding coal, oil and natural gas are expected to see a rise in their share of primary energy consumption. The China Petroleum Economic and Technological Research Institute predicts that oil import dependence may exceed 60% in 2013. According to the 12th Five-Year Plan, China aims to maintain an energy self-sufficiency rate of at least 85% by 2015.
With domestic oil and gas production remaining stable and showing no significant growth, imports will inevitably continue to rise. This trend poses greater risks for large oil companies operating overseas, requiring stronger risk management in both transportation and international cooperation.
Since the reform and opening-up era, China's energy self-sufficiency rate has seen a gradual decline. It first dropped below 90% in 2006, reaching a low of 88.2% in 2007. However, it began to recover afterward and has remained around 91.4% since 2010.
Chen Weidong, a senior researcher at CNOOC Energy and Economic Research Institute, explained that maintaining this high self-sufficiency level is not easy. He pointed out that China's energy structure is still heavily reliant on coal, and its consumption patterns have not changed significantly over the years.
In 2012, China consumed a total of 3.62 billion tons of standard coal equivalent. Coal accounted for approximately 66.4%, while oil and natural gas made up 18.9% and 5.5%, respectively. All three of these major energy sources require imports, with coal and natural gas being particularly dependent on external supply.
According to the China Coal Association, the country produced 3.66 billion tons of coal in 2012, but imported 280 million tons—a 29.8% increase compared to the previous year.
The National Energy Administration reported that China’s oil import dependence reached 58.3% in 2012, up by 1.7 percentage points from 2011 and 10.7 percentage points higher than in 2006. Crude oil production was estimated at 204 million tons, while imports hit 272 million tons, leading to an external dependence rate of 56.9%.
Data from the National Development and Reform Commission showed that domestic natural gas production in 2012 was 107.7 billion cubic meters, while imports (including liquefied natural gas) reached 42.5 billion cubic meters. This resulted in a natural gas import dependency of 28.9%, up 4.6 percentage points year-on-year.
Chen Weidong noted that China's energy mix has remained largely unchanged over the years. Coal continues to dominate, accounting for about 70%, while oil remains around 18% and natural gas exceeds 5%.
Because oil and natural gas make up a smaller portion of the overall energy consumption, their import fluctuations have limited impact on the country's self-sufficiency rate.
As domestic energy consumption control measures are implemented, especially regarding coal, oil and natural gas are expected to see a rise in their share of primary energy consumption. The China Petroleum Economic and Technological Research Institute predicts that oil import dependence may exceed 60% in 2013. According to the 12th Five-Year Plan, China aims to maintain an energy self-sufficiency rate of at least 85% by 2015.
With domestic oil and gas production remaining stable and showing no significant growth, imports will inevitably continue to rise. This trend poses greater risks for large oil companies operating overseas, requiring stronger risk management in both transportation and international cooperation.
Aluminum roller shutter doors are automatic roll up doors, fit for industrial factory, warehouse, residential garages and also commercial shops. Its slat is made from double layer aluminum sheet, filled with polyurethane foam inside. So it is thermal insulated and noise proof.
Aluminum Roller Shutter Doors,Aluminum Shutter Door,Insulated Aluminum Rolling Door,Aluminium Roller Garage Door, Automatic Aluminum Roller Door, Electric Aluminum Roller Door
SHANGHAI KENVO DOOR CO.,LTD , https://www.kenvodoor.com