China's oil refinery throughput in 2022 fell 3.4% from a year earlier, its first annual decline since 2001, as China's rigid COVID-19 controls took a toll on the economy and fuel consumption.
Refiners processed 675.9 million tonnes of crude oil last year, data from the National Bureau of Statistics showed on Tuesday, or about 13.5 million barrels per day . In 2001 processing slipped 0.3% from the prior year, NBS records showed.
Following eight months of consecutive year-on-year declines between January and August, refinery processing began a rebound in September as the government shifted itsFourth-quarter refined fuel exports, including diesel, gasoline, aviation fuel and marine fuel oil, surged 61% over a year-ago period to 18.3 million tonnes.
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