A Review of the Nigerian Energy Industry

More Chinese crude oil imports coming from non-OPEC countries

*Qingdao Port.

14 April 2017, Sweetcrude, Houston — The U.S. Energy Information Administration’s (www.eia.gov) new Today in Energy brief looks at where China is getting its foreign crude oil, as its oil imports from non-OPEC countries continue to grow.

“China is the world’s largest net importer of crude oil, and in recent years, China’s crude oil imports have increasingly come from countries outside the Organization of the Petroleum Exporting Countries (OPEC).

While OPEC countries still made up most (57%) of China’s 7.6 million barrels per day (b/d) of crude oil imports in 2016, crude oil from non-OPEC countries made up 65% of the growth in China’s imports between 2012 and 2016. Leading non-OPEC suppliers included Russia (14% of total imports), Oman (9%), and Brazil (5%).”—EIA

The U.S. Energy Information Administration made this disclosure based on data from China General Administration of Customs and Bloomberg L.P.

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