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China's oil conundrums: Rising crude demand and falling product imports

Featuring Vandana Hari, Yen Ling Song, and Oceana Zhou

December 15, 2014 00:30:00 EST (10:29 mins)

In this video, Vandana Hari, editorial director in Asia, Yen Ling Song, senior writer for oil news, and Oceana Zhou, senior analyst, discuss China's shift to being a net oil product exporter and its strategic move to guard against market volatility; as well as the challenges being faced by teapot refiners due to slumping domestic demand, overcapacity and government mandate for consolidation.

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Request a free trial of: Oilgram News to see the 5-part special report on China's teapot refineriesOilgram News
Oilgram News

Oilgram News launches a five-part exclusive look at teapot refineries in China's eastern coastal province of Shandong. While tiny in comparison with the country's major refiners, the teapots play a key role in providing products to the country. A Platts team spent five days recently touring independent refineries in Shandong, interviewing executives, plant managers and analysts to bring you this in-depth look.

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