Angola is second-biggest supplier of oil to China between Jan and Oct 2009

21 January 2010

Beijing, China, 21 Jan – Angola was the second-biggest supplier of oil to the People’s Republic of China in the first ten months of last year, behind Saudi Arabia, providing around 15 percent of the country’s oil imports, the China Daily newspaper reported Wednesday.

Between January and October, Saudi Arabia had sales of 32.8 million tons, followed by Angola with 25.6 million tons.

Iran was the third-largest supplier, with 20.2 million tons, followed by Russia (12.9 million tonnes), Oman, Sudan, Kuwait and Iraq.

China imported a total of 204 million tonnes of oil in 2009, accounting for 52 percent of its total consumption and a rise of three percentage points against 2008.

Around 60 percent of the oil consumed each year in China, including the 190 million tons extracted in the country itself, is used to make fuel for vehicles.

Sector analysts project that the level of China’s “foreign dependence” will rise to 65 percent by 2020 and this year, according to an expert cited by China Daily, it is due to rise to 54 percent. (macauhub)