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DZ Enterprises Limited is a company registered in Hong Kong and has been established for the specific purpose for the importation of energy commodities into China.
DZ Enterprises Limited views significant import opportunities in China's demand growth with more than half of the country's total oil consumption now coming from abroad. In a report by China Daily in January 2010 the National Development and Reform Commission stated that China's oil imports accounted for 52 percent of total consumption in 2009 and that the country's oil imports in 2010 are expected to grow five percent from a year earlier, and the proportion of imported oil consumed may further rise to 54 percent this year. Customs figures showed that China imported 204 million tons of oil last year, while the country's total production was 190 million tons. According to a report by the Chinese Academy of Social Sciences (CASS), 64.5 percent of China's oil consumption is likely to be met by imports in 2020, with the gap between domestic consumption and production as the main reason. Statistics from CASS showed that China's oil production is expected to stand at 177 to 198 million tons in 2010, and the figure would reach 182 to 200 million tons in 2015. Analysts believe that China should further diversify its sources for importing oil to find a more sustainable supply. At present the Middle East, Africa and the Asia-Pacific are the three main regions that supply oil for China.
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