China imported 145.18 million tons of crude oil in 2006, up 14.5 percent from a year ago. China imported 36.38 million tons of refined oil in 2006, with a year-on-year growth of 15.7 percent. China saw a sharp decline in crude oil exports in 2006, down 21.4 percent from 2005 to 6.34 million tons. 

China's net imports of crude oil in 2006 totaled 138.84 million tons, up 17 percent on the previous year and net imports of refined oil were up 38 percent to 24.03 million tons. China spent an additional 23.8 billion U.S. dollars on importing crude oil and oil products in 2006, up 41 percent from 2005. The rise of China's oil imports in 2006 did not affect the falling trend of the international oil price which has been occurring for several months.

China saw its imports of crude oil hit a record high of 13.54 million tons last November. The rise in oil imports and decline in exports reflect the surge in China's oil consumption in 2006, driven by the booming economy. China's GDP continued to grow at around 10 percent last year. Data from the National Bureau of Statistics showed that China produced 168.4 million tons of crude oil in the first 11 months, up 1.6 percent from the same period of last year.

Source:未知