China Sets Up 8 Million Mt of Green Fuel Production Capacity -- OPIS

Dow Jones16:02
 

China has established green fuel production capacity of around 8 million mt of oil equivalent per year in response to the Middle East supply risk, said the National Energy Administration on Monday.

The country's green fuel production has expanded from traditional ethanol and biodiesel to green ammonia, green methanol and sustainable aviation fuel.

 

According to the NEA, annual production capacity currently stands at:

--Green ammonia: around 700,000 mt

--Green methanol: around 380,000 mt

--SAF: 1.7 million mt

 

The NEA also highlighted China's focus on three key priorities:

--Ensuring energy security by maintaining stable domestic oil and gas supply;

--Accelerating the construction of major energy projects to support national fixed asset investment; and

--Promoting the green and low-carbon transformation of the energy sector.

 

In the fossil fuels sector, China's crude oil production from January to March reached 54.8 million mt, up 1.3% year on year.

Crude oil imports during the first three months of 2026 totaled 146.83 million mt, an increase of 8.9% year on year. Crude oil processing volume for the same period hit 181.7 million mt.

 

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.

 

--Reporting by Thomas Cho, tcho@opisnet.com; Editing by Mei-Hwen Wong, mwong@opisnet.com

 

(END) Dow Jones Newswires

April 28, 2026 04:02 ET (08:02 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment