Purvin & Gertz: China: Can Rapid Growth Be Sustained?
PR Newswire Europe, February, 2006
HOUSTON, February 28 /PRNewswire/ --
Purvin & Gertz announces availability of China: Can Rapid Growth be Sustained? a multiclient study analyzing the reasons for China's robust petroleum growth in 2004 (an increase of 850,000 B/D) to determine if this extraordinary growth rate can be sustained.
China is poised to develop a 15 million B/D refining industry by 2020, approaching the level of the US. China's automobile industry capacity will soon exceed 10 million units per year, creating an automobile fleet as much as 275 million vehicles by 2025.
The analysis was conducted on a regional basis to identify the key drivers of economic, energy and petroleum growth. In addition, crude production by major field was analyzed and forecast prepared for...
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