China
Asia Pacific
Production
4.3M bbl/d
Imports
17.7M bbl/d
Exports
1.6M bbl/d
Net Balance
16.1M bbl/d
Net importer
Consumption by Product
2022 · thousand bpd
Petrol33.0%
Diesel36.5%
Kerosene2.6%
Jet Fuel8.7%
LPG6.1%
Fuel Oil5.2%
Other7.8%
Proven Oil Reserves
28.2B
barrels (proven)
~18 yrs
at current production
Moderate
050 yrs100+ yrs
Proven reserves = crude oil in the ground. Many countries import most of their refined fuel (petrol, diesel, jet fuel), so high reserves don't guarantee fuel supply security.
Production Trend
Price History
Refinery Capacity
Capacity
17.5K bbl/d
Throughput
14.5K bbl/d
Utilization
82.9%
Geopolitical Context
No sanctions or geopolitical data on file.
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