China oil consumption to peak around 2026 - Sinopec

China oil consumption to peak around 2026 - Sinopec
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27.09.2021

MOSCOW (MRC) -- China's oil consumption is likely to peak around 2026 at about 16 million barrels per day and that of natural gas by around 2040, reported Reuters with reference to a top executive of Sinopec Corp.Sinopec's oil peak forecast echoes a prediction by consultancy Rystad Energy in April that cited rapid adoption of electric vehicles as the main cause for global oil demand to pe

Full article at mrcplast.com

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