Sentence examples for its oil needs from inspiring English sources

Though China was a net oil exporter until 1993, it now imports 43% of its oil needs at a cost of about $65 billion a year.

It provides its neighbour with 9% of its oil needs and 15% of its natural gas.

For Brazil to meet its oil needs, he recommended going offshore or abroad.

With its oil needs outstripping the growth of its own reserves, China would like to secure oil farther afield.

Japan, currently the world's third largest oil consumer, depends on imports for almost all of its oil needs.

The International Energy Agency estimates China will have to rely on imports for 79 percent of its oil needs by 2030.

China, which imports about 65% of its crude oil needs, also has had its growth buoyed by cheap oil.

The United States already produces about half of its own oil needs, so the increase could help it further peel away dependence on foreign oil.

China remains dependent on the Middle East to feed its huge oil needs, but wants to diversify, experts say, so that more oil and gas providers are closer to home.

This latest project, coupled with the local production of 50% of its own oil needs, has put oxygen into the economy for the first time since the Soviet collapse 15 years ago.

After all, India imports about 80% of its crude oil needs.