Country report
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11 Pages

China oil supply summary

China oil supply summary

Report summary

Well known for its rapidly growing energy demand, China remains the largest oil producer in South East Asia by some margin, accounting for more than half of the output in the South East Asian region. Following a period of strong growth in recent years, output abruptly started to decline from the start of 2016. A policy shift to focus on higher value production has led to investment cut-backs at mature producing fields.

What's included?

This report includes 1 file(s)

  • China oil supply summary PDF - 1.76 MB 11 Pages, 3 Tables, 6 Figures


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream supply issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream supply report is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Supply
    • Risk and uncertainty
      • Risks to supply
    • Commercial developments
    • Reserves growth
    • Other discoveries
    • Yet-to-find
  • Quality
    • Marketed blends

In this report there are 9 tables or charts, including:

  • Executive summary
    • Oil/NGL production outlook and world ranking
  • Supply
    • Supply: Image 1
    • Key commercial fields
    • Overall oil/NGL production outlook to 2035*
    • Key other discoveries
    • Main oil/NGL infrastructure
  • Quality
    • Key crude streams and characteristics in 2016
    • Main crude streams and loading points
    • Annual crude quality* distribution
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