穆迪在中国内部 ： 中国增长放缓和碳转型对石油和天然气行业的信贷影响

The Moody's report highlights the impact of China's slowing economic growth and carbon transition on the oil and gas sectors. The report suggests that China's oil and gas demand and supply growth will be negatively affected. The credit impact on rated oil service producers is expected to be significant. The increasing penetration of new energy vehicles and increased refining capacity will have a positive impact on Chinese refiners and petrochemical companies. The report also shows a strong correlation between oil consumption and GDP growth in China. China is highly dependent on imported oil and gas, and domestic gas production is expected to continue to outpace crude oil production. Natural gas imports declined in 2022 due to COVID-19, but have rebounded in 2023.