Friday, July 31, 2009
Tweet[IWS] EIA: CHINA ENERGY DATA [31 July 2009]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
Energy Information Administration (EIA)
CHINA Energy Data [31 July 2009]
http://www.eia.doe.gov/emeu/cabs/China/Background.html
Click on topics in right margin for other parts of the report
or go to
http://www.eia.doe.gov/emeu/cabs/China/pdf.pdf
[full-text, 20 pages]
[excerpt]
...In light of the government's goals for energy security and energy efficiency, China is using its stimulus package through vehicles such as tax breaks, advantageous lending rates, and a foreign exchange fund to encourage state-owned oil companies to expand upstream investments abroad, increase downstream refining capacity, and augment crude and oil product stockpiles. Analysts anticipate the fiscal stimulus will translate into economic development in the second half of 2009 and 2010 and generate at least a moderate increase of domestic consumption including demand for energy commodities.
Despite the economic slowdown in exports and domestic demand in the past year, China's demand for energy remains high. China has emerged from being a net oil exporter in the early 1990s to become the world's third-largest net importer of oil in 2006. Natural gas usage in China has also increased rapidly in recent years, and China has looked to raise natural gas imports via pipeline and liquefied natural gas (LNG). China is also the world's largest producer and consumer of coal, an important factor in world energy markets.
Coal supplied the vast majority (70 percent) of China's total energy consumption requirements in 2006. Oil is the second-largest source, accounting for 20 percent of the country's total energy consumption. While China has made an effort to diversify its energy supplies, hydroelectric sources (6 percent), natural gas (3 percent), and nuclear power (1 percent) account for relatively small amounts of China's energy consumption mix.
AND MUCH MORE...including MAPS, CHARTS, TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
Energy Information Administration (EIA)
CHINA Energy Data [31 July 2009]
http://www.eia.doe.gov/emeu/cabs/China/Background.html
Click on topics in right margin for other parts of the report
or go to
http://www.eia.doe.gov/emeu/cabs/China/pdf.pdf
[full-text, 20 pages]
[excerpt]
...In light of the government's goals for energy security and energy efficiency, China is using its stimulus package through vehicles such as tax breaks, advantageous lending rates, and a foreign exchange fund to encourage state-owned oil companies to expand upstream investments abroad, increase downstream refining capacity, and augment crude and oil product stockpiles. Analysts anticipate the fiscal stimulus will translate into economic development in the second half of 2009 and 2010 and generate at least a moderate increase of domestic consumption including demand for energy commodities.
Despite the economic slowdown in exports and domestic demand in the past year, China's demand for energy remains high. China has emerged from being a net oil exporter in the early 1990s to become the world's third-largest net importer of oil in 2006. Natural gas usage in China has also increased rapidly in recent years, and China has looked to raise natural gas imports via pipeline and liquefied natural gas (LNG). China is also the world's largest producer and consumer of coal, an important factor in world energy markets.
Coal supplied the vast majority (70 percent) of China's total energy consumption requirements in 2006. Oil is the second-largest source, accounting for 20 percent of the country's total energy consumption. While China has made an effort to diversify its energy supplies, hydroelectric sources (6 percent), natural gas (3 percent), and nuclear power (1 percent) account for relatively small amounts of China's energy consumption mix.
AND MUCH MORE...including MAPS, CHARTS, TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 8:39 AM
