Friday, June 17

China surpasses us as a top energy consumer

LONDON - global energy consumption has increased in the year 2010 in the fastest pace since 1973 as a fast-growing developing countries a strong recovery from the recession, according to a survey released Wednesday led.

The overall 5.6 per cent increase in the consumption gains in all regions and categories energy saw BP PLC said in his 60th of annual statistical review of world energy.

Consumption in the richest countries which world rose by 3.5 percent, which since 1984, she again to the level of the prior ten years BP said. Consumption in the developing countries, especially resource-intensive, in Asia and South America - logged a 7.5 percent.

Story: Oil surges as OPEC maintains production levels,

"By the end of the year, economic activity for the world as a whole exceeded crisis levels powered by the so-called third world," said Christof Ruehl, Chief Economist for BP.

Last year's surge was led by China, which increases the energy consumption by 11.2%, according to BP.

To move China before the United States as the world's largest consumer of energy, 20.3 percent of worldwide demand compared to 19 percent in the United States, the report said.

In July, the International Energy Agency reported that China had become the world's largest energy consumer, when Chinese officials of their country still behind the United States back time.

China was by far the world's largest consumer of coal, with 48 percent. The United States had the largest thirst China's consumption for oil with 21 percent of world demand, twice.

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